North West Oil Group, Inc. (NWOL)

[davewashdc]

Irony has nothing to do with it. You were right and I was wrong. I couldn;t conceive of the depths these people would plumb to make a buck (er ruble).

We all lost money on this one. I still think Eik did the company a big favor by helping to lower expectations, but their greed wasn't finished yet, imho. Why should we assume they are done now, if this R/S proves to be true? They have definately lost me if they have done this action.

With all the shares supposedly locked up, I guess they simply used them for capital and shorted the heck out of them to lock in their profits. Would explain the stock's inability to ever recover.

To me, after not cashing in at $1.57 ps, everything else pales into insignificance. If they have reverse split, why won't it keep going down? It becomes a matter of trust betrayed, imho.