North West Oil Group, Inc. (NWOL)

[texas tom]

The hotel acquisition was a cash deal. There is no mortgage that NWOL.PK has to pay back. The hotel will generate about $28,000,000 in revenue per year. The book vaue will materialy increase. The hotel was purchased at about a 35% discount to pre meltdown days. The prior owner had financial difficulties and was forced to sell. The acquisition should generate a lot of business for the Northwest Oil group. i.e. oil and non oil business. NWOL is also interested in acquiring many more luxury hotels. Also planes. There is no correlation between what NWOL has and the share price.