InvestorsHub Logo
icon url

eik

12/02/06 2:20 PM

#22099 RE: 34/54 #22098

The oil is produced by NWOG/NDOL (public company). My question was: assuming that "vodka business" was purchased by NWOG-CJSC (parent), where this money came from? Did they take 59% of cash generated? Impossible - it would be cash dividend, and all shareholders (including us) should receive it. Which other sources of revenue, except NWOG/NDOL do they have? I think/hope this mess with NWOG-CJSC in latest PR is a result of bad "copy&paste" work. Otherwise, they need to make it clear: 2 accounts, different sources of revenue, 2 audits, etc.

IMO.