North West Oil Group, Inc. (NWOL)

[Lochan]

I think an r/s is acceptable only to uplist to a higher exchange where a certain price per share level is required. For now, I would recommend that they set aside the idea of an r/s and announce that it will not occur.

NWOG should focus on closing the SNGF deal which will give the pps its greatest boost. They should also focus on IR to build credibility. Finally, they must get their financials in order. They should be following the same standard that will be expected of them on a higher exchange like Nasdaq or Amex, even if it takes a year or more to get there.

If they do these things, it is possible we will see .30 by the end of 2007. If all they can do is close the SNGF deal, we should be around .15 by 12/31/07, without any r/s. That's good enough for me, so I am buying a few more shares at this level.