InvestorsHub Logo

eik

09/26/07 5:24 AM

#37790 RE: runningAllDry #37789

<<i honestly think Maly is not smart enough to play the fake biz game>>
Nobody in Russia (especially on executive level) is smart enough "to play fake biz game". Shorting, derivatives, hedging, reverse split, etc. - is still too sophisticated stuff for average CEO or President. You have more chances to be robbed traditional way - under gun point, than by RS. :) For "biz game" like this most of the companies rely on an advice of "experienced Western professional". NWOG barely got rid of of one of them - Monimpex. Now they are probably leaded by another one. Hopefully, this "adviser" has NWOG's interests in mind, but probably they give a chance to their buddies to cover short positions first. I actually want to see old fashioned PRs written on broken English. At least I'd know that NWOG is still in control. :)
IMO.

oil export

09/26/07 5:31 AM

#37791 RE: runningAllDry #37789

I remember that i saw report of NWOG with 5 million $ net revenue ! ican't find it anymore i believe the production is continue at list at the same rate.
B.T.W
when company want to sell equity to recive cash they send p/r's when they want to buy back there are no p/r's just bad rumours

Crazy Iwan

09/26/07 6:39 AM

#37795 RE: runningAllDry #37789

I dont believe that they play the fake biz game,
it is to small for them and it would ruin their reputation
(well, at least in russia)
I am sure they have big friends because they are in Chamber of Commerce and Industry of RF on federal level and to get there you need beside some documents the approval of this people
http://www.tpprf.ru/ru/main/organization/pravlenie/
that is why threre only 68 companies on federal level and gazillions on regional.
I suppose NWOG management doesnt really cares about the stock price now and they will not untill they finalize some of their projects(then i hope they will sell some of theirs and/or issue new stoks so they would care about the price)