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From todays PR:

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maki   Thursday, 10/11/07 01:40:55 PM
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From todays PR:
As we continue to focus on executing our business plan, it is expected that our accessibility to the US capital markets will play a pivotal role in further promoting corporate transparency, strengthening our ability to qualify for a new exchange listing and bettering our direct access to US institutional investors."

Are we "institutional investors" ?

IMO - todays PR (soon office in NY)is part of their plan - when audited results are ready - reporting again together with uplisting to higher exchange - and restricted shares come free (may 2008) + maybye also issuing new shares - for a new generation of investors.

For the current amount of free float (apprx. 1.8 mio. new figures - minus buyback shares apprx. 5-7 mio. - remains apprx. 1.1 mio.shrs.(when free again)- there is IMO no NY office needed.

It should be also interesting what is the outcoming of the running dispute between NWOG private and NDOL (Canadian Crew) - seems the Canadian Crew was not willing to accept Maly`s compensation offer of 10 mio. $.

IMO - the next weeks will be very interesting - I am expecting a
lot of news - will hold long and strong.

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