Replies to post #98 on National Energy Group (fka NEGI)

[macdrsirules]

I didn't read it close enough. Here is the news that you probably already saw.

National Energy Group, Inc. Announces the Date of and the Record Date for the Special Meeting of Shareholders
Thursday December 13, 6:08 pm ET


DALLAS, Dec. 13 /PRNewswire-FirstCall/ -- As previously announced, the Board of Directors of National Energy Group, Inc. ("NEGI" or the "Company") (OTC Bulletin Board: NEGI - News) has determined, in its best business judgment after consideration of all strategic options available to the Company, that it is in the best interests of the Company's shareholders to liquidate all of the Company's assets and to dissolve the Company. On November 12, 2007, the Company's Board of Directors approved the dissolution of the Company and the Plan of Complete Dissolution and Liquidation, subject to required shareholder approval at a special meeting of the Company's shareholders (the "Special Meeting").
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The Company today announced that the Company's Board of Directors has determined that the Special Meeting is to be held in the White Rock Room, Radisson Hotel Central Dallas, 6060 North Central Expressway, Dallas, Texas 75206 at 10:00 a.m., Central Time, on Thursday, February 7, 2008, to consider and vote on the following matters: (1) to approve the Plan of Complete Dissolution and Liquidation of National Energy Group, Inc. and the dissolution and liquidation of the Company in accordance therewith; and (2) to transact such other business as may properly come before the Special Meeting.

The Company's Board of Directors has set the close of business on December 27, 2007 as the record date as of which shareholders entitled to notice of and to vote at the Special Meeting or any adjournment thereof shall be determined. The Company expects to mail a definitive proxy statement relating to the Special Meeting on or about January 7, 2008 to the Company's shareholders of record as of the record date.