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coolhand

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coolhand

Re: rbtree post# 43

Monday, 02/04/2008 9:21:10 PM

Monday, February 04, 2008 9:21:10 PM

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I think the ticker was an error by businessweek online. I also think FWOG is legit, although I don't know that much about the company. I began digging into FWOG to learn more about their financial backing, which apparently comes from the same unknown source as Native American Energy Group (NVMG).

Last Friday NVMG management stated on their website to their shareholders that they were in negotiation to take the company private too and was looking to buy us out at .008 to .01 a share. The fact that FWOG recently went private greatly increases the likelyhood that NVMG will too.

Funny thing is I can't find any annoucement by FWOG to their shareholders regarding taking the company private. At least not yet. I was interested in seeing what kind of price they offered for investor shares as well as any other info I could glean.

Thanks for your info.

TSP Allocation
50/50 CS for 9/10 - 09/12
100% G for 09/15 - 10/02
100% C for 10/03 - 11/03
YTD Performance: -15.15%

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