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Replies to #77 on eik's stock talk
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eik

12/14/06 9:55 PM

#79 RE: euddoggwyn #77

I am not a very religious person - hard totalitarian childhood. So, celebrate everything. :) But if I had to identify myself… the holidays start tomorrow (12/15 - 12/23).

I find changes in NWOG attitude very encouraging. My opinion: in this "Monimpex way" to bring Russian businesses public Canadian team (Parkin & Co) is a bunch of self centered “businessmen” who are testing the law by using different techniques that often hurt the company they suppose to care about. Until proven wrong, I don’t blame current NWOG management too much. They had no experience of public trading (especially in Pinky jungle), they probably looked at Parkin & Co like an example of “the Western way to do business”. I am sure that game with $2.17 buyout was Canadian invention and they brought it to Saratov like Westerns brought alcohol to aborigines. You can’t blame aborigines for being drunk after that. :) Believe me, nobody in NWOG knew anything about Frankfurt, shorting, restricted shares before “foreigners” explained those terms and methods. You can see this looking at merger PRs. They merged first, then posted something like this (from the memory): “correction: it appears new shares will be restricted according to SEC regulation #...”. So, my take for now: NWOG team is inexperienced and even amateurish but comparatively decent. And even if they are not, we have common interests now – they need to bring the stock price up and keep it up long enough to be able to sell insiders shares (there are restrictions on % of the daily volume that could be sold). Malyshev talked about $1/sh in a year. I would be more than happy with $0.5-0.6.

IMO.



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euddoggwyn

12/15/06 10:17 AM

#82 RE: euddoggwyn #77

celebrating everything

sounds like a good idea, even 10c on NWOG (that is, after all a rise albeit so far below my average I can only laugh). Wanted to know how to wish you happy holidays, let the christian assumptions slip out, sorry.

Sad to hear about the totalitarian childhood. I'm old enough to remember those days(41).

As usual I agree on the Canada team. I'm going to trust but verify on what you are saying with the Russian crew. Since you know Russia i'll go with what you say about the "natives" even while it would be a little patronizing for me to say the same, and, to paraphrase Britney Spears, they may not be that innocent - - i'm sure hoping that they are/were (sozina Lukoil executive, tough cookie, hard to see her rolled by Parkin somehow).

I almost prefer that they give that impression than be overly professional and make it seem they planned the whole 2.17 fiasco.

Conference call was helpful, IMO. You are 100% correct about Frankfurt. That is a red flag for Aurus - - keep telling people.

Part of the reason i have been blanket-covering NWOG is that I have been using it as a "case study" of russian assetts going public in U.S. on Pink Sheets (this is my first and only Pink, and I sure have made my "first pink" mistakes). What I just can't figure out is Parkin's business partner Safarov involved with Star Energy that has done so well. Why them and not NWOG?

Thanks for the note. Right now interested in speculating in how NWOG knows the London Danzigers.