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vicsteele

10/29/08 10:45 AM

#45274 RE: marks37 #45273

When we assume we make an .... out of U and ME Anyways. NWOL had many opportunities to become transparent and have PR'd it to then follow up with silence. If they had the numbers then why wouldn't they be publishing this information. I've heard of many oil companies that diversify but they diversify into other energies and alternative energies. Not hotels and travel agencies. Maly is an eccentric fellow with strange behaviors. Me thinks Putin is the man behind the curtain of NWOG and NWOL is the forgotten little step child
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jake1279

11/08/08 12:15 PM

#45312 RE: marks37 #45273

marks - very well stated!

Thanks
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texas tom

11/09/08 6:10 AM

#45315 RE: marks37 #45273

STRONGUS is the one who posted that there are 10.8 million naked short shares. This is based on his calculations, post R/S. We later found out that the Dodge group has admitted in public on their website that they have naked short sold shares of NWOL. This was posted October 28, 2008. Links to the Dodge group hardball web site was posted by OILSPEC.

The latest information we have on O/S is 2/22/08. The public float is 5.5 million shares. NWOL has increased the A/S. This was solely for the purpose of acquisitions. There has not been enough shares traded, post gag or increase in A/S, to suggest dilution of shares. To the contrary, NWOL has stated in previous P/R that they are doing share buybacks. This statement is corroborated by NWOL management now owning 59% of the public float of 13,000,000 shares. This excludes the 10,000,000 restricted shares owned by one person.

I have not seen any concrete evidence to suggest that NWOL is a scam. To the contrary, NWOL would not be holding a press conference on November 19, 2008 to tout their acquisition of the Marbella beach front hotel in Spain. Remember, the richest people in the world vacation at that hotel.