Replies to post #19212 on North West Oil Group, Inc. (NWOL)

[wishmd]

I can't address several of your points, 'cause I don't have that information... however it is no secret that both websites are pretty terrible. I believe there was some allusion at some point in the not too distant past that the NWOG website was going to be redesigned. And indeed we have the beginnings of that. I am not surpirsed that the websites did not mention Stratton Stevens, etc., since they were not updated as news items were published. But the news items themselves did mention them, and that is probably a more credible reosurce than the websites at this point.

I think you have valid questions, and hopefully some of the more informed folks here will have some answers for you, as I don't.

To me, the fact remains that, as chaotic as the developments have been, they have in effect turned out pretty much as reported, albeit not on a achedule that we would have liked.

Deloite & Touche seem to have expertise in getting companies listed on the A.I.M. - their signing on would make sense in terms of getting that accomplished. Probably also in terms of arranging the 60mm financing that was reported. I would have hoped for some movement earlier, but it does seem to be happening.

A question that still nags at me is what wil likely happen to our US-based shares when NWOG gets listed on the A.I.M. - not so much whether we can trade them or not, but what their value will be in relation to the AIM value. Will it be the same? Or will there likely be a reverse split to get the value of the two in line? I have posed this question before, and there have been some attempts to explain, but it is still not entirely clear to me. I understand about ADRs, but not sure about equivalence. That is, if I have 100,000 of the US shares, will I have the equivalent of 100,000 shares of the AIM shares?

[GatorTrador]

First let me start out by saying I am no expert in the stock market, nor do I ever claim to be, but I am certainly not dumb, and fully capable of logic and reasoning.

Now, the old NWOG website didn't mention anything about Nord, you are correct. However, there were no updated articles on the website SINCE the merger took place. This makes sense to me because they want the new website up before they continue to release news. Do you think it is a coincidence that they stopped updating their news shortly before the merger took place? Moreover, it couldn't be more clear on the new website that Nord is now North-West.

As far as the SEC filings go, I'm not sure. It was mentioned before that the audited financials were of both companies. Maybe by combining the financials into one audit they are saving money? Remember, they do seem to be quite the penny pinchers, which is apparent with their "going dark" stunt.

The hiring of this new auditing firm "wipes the slate clean" in a way for me. Not only does it prove that they fully intend to keep us updated with audited statements (I believe you were one claiming that they would "disappear" after the form 15 filing), but also that they are continuing with their "quest" (LOL) to move to the AIM as promised. Would a firm with such prestige deal with a scam of a company? Don't think so.

Of coarse none of this is pure black and white, but what penny company is?