Replies to post #3387 on North West Oil Group, Inc. (NWOL)

[jstick2000]

I'll sell you mine for 2.20 right now then. How about 2.10, that way you can have an instant profit.

[robsaia]

NDOL
We need more details. This is a reverse merger meaning that NWOC will likely merge into the NDOL "shell" (but not necessarily so). The new entity could also merge into a new shell. NDOL shares might be "valued" at $2.20 (actually $2.23), but not necessarily trade at $2.20. What it trades at will consists in part on how many outstanding shares as well as assets, revenues and earnings brought in by NWOC. The key word here is "valued." It does not mean price.

[jgiambi]

no it doesn't...

"The total merged enterprise value is currently estimated at USD $1.25 billion, representing approximately $2.20 per Nord Oil International shares post merger"

We don't know exactly how he gets this number. Last time he said the company was worth $2.06/share he was comparing it to Petrokazakhstan.

The PPs will eventually be determined by their profit and o/s and free float. Not because the prez says so....