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GEORGEJEFFERSON

03/24/08 11:32 AM

#43208 RE: vicsteele #43207

vic,

At the risk of sounding repetitive,...

I expect ZIP, ZILCH, ZERO, NOTHING from these guys.

If they never issued another PR and slipped out into the dark night of oblivion, never to be heard from again, I wouldnt be surprised.

Seriously.

They have acted like scamsters from May 2006 to the present,....so to expect anything less than pure thievery wouldnt surprise me.

GJ
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texas tom

03/24/08 12:00 PM

#43209 RE: vicsteele #43207

I don't think we will see audited financial statements until after their fiscal year ends on 3/31/08. More likely, the later part of next month. NWOL has stated we will see a balance sheet that shows at least a $9.20 book value. Also, gross income of at least $61,000,000. The company does intend to uplist to either the bulletin boards or AMEX. Also, we will see a listing of NWOL shares on a number of exchanges. We should also hear about the two wells that were drilled on the Shalinsky field last year. I do believe we will receive some type of dividend, i.e. Imperial Energy shares or additional shares of NWOL. We might not see a PR until the financial statements are completed. The company is probably going to to do a comprehensive PR updating events and announce the refinery projects they have been awarded.

I know it is tough to wait it out. However, the reward is well worth it. I have no interest in selling any shares until I've had a chance to study the financial statements once released.
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RNLandIII

03/24/08 12:00 PM

#43210 RE: vicsteele #43207

I'm anxious to hear something too. Wasn't it us that would berate Maly when they came out with vacuous "comming soon" PRs?
I'm hoping that there just isn't anything concrete to PR yet. I know the company I work for doesn't come out with PRs weekly. Generally once a quarter is about it, if that.