North West Oil Group, Inc. (NWOL)

[Lucullus]

I think NWOL is a legit company with ressources, revenues and even profit but I'm not sure that the russian are willing to share the assets with their shareholders.

They did the R/S and dilluted at least 14 Million new shares. We saw a lot of shares changing hands over the last few months but PPS doesn't move - this could be another plan to steal assets from shareholders before we get the gaap-audit showing what we realy own!

I read an interesting article last week:

Lukoil Overseas published that they have bought SNG Holdings in Usbekistan for 4,58 billion USD. SNG Holding owned 6 Million Tons of Oil and 100 Billion m3 Gas!

Comparing this with NWOG's 8 Million Tons of Oil I would say we are actually a little undervalued! LOL

BTW: How many Gas do we own???