North West Oil Group, Inc. (NWOL)

[js49886]

Whats the whole point of buying back shares if they issue an additional 200 million? ..."Private Placement"?

Since they've almost maxed the # of authorized shares seems like they are playing both sides of this, with a "buyback"... while also diluting hundreds of millions more shares.

With the # of outstanding shares pretty close to the # of authorized shares....Whats the point of the R/S if they didn't plan on diluting more when it is complete.

For Up listing? how? when? next year...? will we even be worth a .001 by then?

I've never seen or experienced anything good come from an RS even on legit profitable, reporting companies on OTC:bb. Every one has sank afterwards.

This is really shady anymore. Gets worse by the day.
Maybe if there we're some logic to all of this we would be able to understand what they are trying to do. But they barely communicate anything, so all we can do is speculate.

This is like the stereotype pink sheet stock anymore