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mdimport

03/02/15 9:08 AM

#39147 RE: Steve White #39146

The response was already provided by WOGI in a subsequent PR:

"...DEBARY, FL / ACCESSWIRE / January 28, 2015 / World Oil Group, Inc. (OTC PINK: WOGI) effective January 27, 2015 WOGI has executed an agreement for the return of 31.3 million shares of its Outstanding Common stock.

WOGI mentioned in its last press release, the Company was going to take steps to get back the shares retained after the merger. After a few weeks of negotiations an agreement was executed to return the shares back to the Company. Currently 8 million shares are held at the transfer agent and 22 million shares are in the Company’s possession with the paper work to cancel those shares. The remaining 1.3 million shares will be returned to the Company.
..."

http://ih.advfn.com/p.php?pid=nmona&article=65262474



Geryon

03/02/15 9:13 AM

#39148 RE: Steve White #39146

The shares as stated by the Company where retrived to be sent back for cancelation.

As I am sure people whpo have dealt with certificates are aware you need to submit the shares with paper work executed by both parties and Medallion Signatures. There were 8 million shares held at the transfer agent that "had a stop placed on them in December" and the Company retrieved 22 million.

As the REAL DD verifies the shares are back with the Company whether or not they have been canceled yet is meaningless as WOGI controls the final destiny of the shares which is cancelation.