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dollar and a dream

05/25/06 4:38 PM

#7151 RE: ChancesR #7147

The board needs to settle down and focus on where we go from here. I for am going back over things to see what the facts are and try and weed out all the BS. IMO we should stop arguing with each other and get back to providing good DD. If I find anything interesting I'll post. We'll get back on track after the 3 day weekend. GLTA
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MBP3

05/25/06 4:44 PM

#7156 RE: ChancesR #7147

I also interpreted the financials very positively. First off, they showed a profit on over $32million in revenue for the Q. Most of the snakes that these flippers chase in PINKVILLE don't have a clue what revenue is let alone profit. They'll gladly go buy IDCN and other crap like TNOG or OMOG for subpennies not realizing that the fact that NDOL is profitable with a lot of growth potential and increasing revenue Q over Q is a big deal. NDOL alone without NWOG was worth $500 mil+, and now we bring in NWOG who brought more than the lion's share of the reported $32Mil in revenue and all of a sudden the company is worthless?

We are looking at $150-$200 million in annual revenues as of now, with ZERO production from old NDOL's reserves. So, I think something might come of this "pink".
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makesumgravy

05/25/06 7:26 PM

#7219 RE: ChancesR #7147

Thanks chances, my understanding is that 38mn and only 38mn can be traded for a year. If the other shares were not restricted it would create alot of dilution right now. If it were a 4 of 5 dollar stock it would be received a lot better. It being all new it would bury us right now even though 600mn shares are not a whole lot by market standards, but having less is always the preferred. A hundred million would be ideal.