Replies to post #4239 on North West Oil Group, Inc. (NWOL)

[cynic2005]

Ronnie,

seems that you have it backwards:

"According to the company, Nord Oil International Inc. will acquire by way of a reverse merger 100% of the outstanding shares of two divisions of the North-West Oil Group, namely "North-West Oil Group-Saratov" Ltd. and Company "Neftegazenergo" Ltd. As the result of that merger, Nord Oil International shareholders will own a total of 41% and the shareholders of the North-West Oil Group will own 59% of the newly created entity to be renamed the Northwest Oil Group."

Nowhere in here does it say that North-West owns 100% of NDOL.

Au contraire, NordOil acquires 100% of the two divisons, making a nice big new pie. Of which, they give up 59% to Nort-West. The owner of the 180m has no special rights that are any different from how your shares are treated.