Replies to post #36836 on North West Oil Group, Inc. (NWOL)

[risi]

Strongus, I'll be adding more here too after SLON's next run. I've broken a few rules along the way with NWOG too.

[Lochan]

I think an r/s is acceptable only to uplist to a higher exchange where a certain price per share level is required. For now, I would recommend that they set aside the idea of an r/s and announce that it will not occur.

NWOG should focus on closing the SNGF deal which will give the pps its greatest boost. They should also focus on IR to build credibility. Finally, they must get their financials in order. They should be following the same standard that will be expected of them on a higher exchange like Nasdaq or Amex, even if it takes a year or more to get there.

If they do these things, it is possible we will see .30 by the end of 2007. If all they can do is close the SNGF deal, we should be around .15 by 12/31/07, without any r/s. That's good enough for me, so I am buying a few more shares at this level.

[Lochan]

Right. I've seen a number of these and in every case the value
of an investment dropped one third to two thirds. In a few cases the value was restored within a few weeks, but in those cases, the purpose was to uplist or remain uplisted.

As you point out, we already have part of that drop built into the price of NWOG because of the rumor of an r/s. If the company announces there will be no r/s, they will defuse the rumor and we will see the beginning of an uptrend. IMO