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Re: rj2 post# 26474

Monday, 11/23/2009 9:04:06 PM

Monday, November 23, 2009 9:04:06 PM

Post# of 33904
Bah hum-bug. you made me go searching
through back up storage.

and it was not found, ive lost some info over the years
mostly e-mails ive recieved lost due to windows-wipes

while searching i kept thinking huengshau ??? or.... gts or...

so i searched GTS NAEG and this is what ya get

http://www.zoomchina.com.cn/new/content/view/17332/294/

"highlites"

NAEG is pleased to have received and has accepted a formal invitation from Xx XxxxxXx XxxxXxxx, the Executive Director of GTS-China, and the Board of Directors has approved an immediate trip to Beijing by CEO, Joseph D¡¯Arrigo and CFO, Raj Nanvaan the week of Oct. 29, 2006 to meet with him. The primary purpose of the meeting is to define and establish the basis for a possible Joint Venture or Partnership to develop NAEG¡¯s oil & gas properties in the prolific Williston Basin, and to examine the potential of geothermal drilling on certain targeted, tribal lands.

Raj Nanvaan of Native American Energy has also had lengthy, preliminary discussions with the founder and President of GTS Drilling and GTS-China, Xx XxxxxXx XxxxXxxx, who is headquartered in Houston, Texas. It seems that smaller exploration & development companies don¡¯t want to stand still for very long, and at the same time GTS-China wants to extend its reach.


I think we been through all this in the past

unlike the photos of Joe and Raj looking at pipe and sporting hard hats

Nothing says "China like the great wall" ?

Ummm on the question about Possible RS ?

just a guess that maybe ya...
the new shell (nagp) was set up with authorized of 1 billion shares ?

and i think we used to have like 1.22 billion with all the restricted then the shares used in the financing we were like 1.5 billion with a cap of 2 billion
"if memory serves me, and u accept rounded numbers"


managment had some 895 mil in resticted alone

and Maybe, they have needed to make arrangments or associations
over the past year that have required shares as security or payment, but thats just a guessing thing here right...

they had no history of dilution in the past
"no 504 placements" or hinky stuff

but i expect they need to RS us to some degree, including themselves
In order to fit into the structure of the new shell.

"on the assumption, there taking us with them."





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