Replies to post #4236 on North West Oil Group, Inc. (NWOL)

[cynic2005]

Ronnie,

I don't see a way around issuing those new shares. And if you followed our debate earlier, that isn't a bad thing.

There's two ways to give that 59% to incoming shareholders:

1. Issue the new shares to 570m total outstanding

2. Do a reverse split to the existing shareholders and issue share to new shareholders in the pro-rata percentage of ownership

Both are mathematical equivalents in terms of how much value you should hold.

But psychologically, reverse splits are just not as sexy. Who wants to see less shares in their account?

[makesumgravy]

Yeah Ron, plus with 3 exchanges and you know alot of people are eyeing this company. Ron you gotta admit its one of a kind. People see the opportunities here, and if they don't, and they miss out we'll cry with them later, ours being crocodile tears of course.