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I just got in on thursday at .0024 with 121600 shares not sure if I should sell or wait because I remember this had good support around .006 a while back. Just wonering what happened that it went this low I also noticed they listed on the berlin exchange hope they will delist quick.
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On May 13, 2004 the Registrant filed a preliminary 14A proxy statement with the Commission regarding the calling of a special meeting of the shareholders (the "Meeting") to consider and vote upon a proposal to effect a 100-for-1 reverse-split of the issued and outstanding shares of the common stock of the Company and to maintain the amount of shares we are authorized to issue at 500,000,000.
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The R/S is very Bad NEWS! But NNCO may run before then, who really knows. It stuggled last Friday going up by 30% I believe, so obviously it is still in play.
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The LOI to get the oil is pretty hot if it's completed.The RS is holding it down now,but if they say the deal is done before the RS, the stock will soar.That's the important thing now,doing the oil deal.
Factor in the RS, and you have around 1200 shares..What do you think they would be worth if they complete the LOI? That's what you need to think about, and act accordingly. ********************************************* The only thing that I think is funny about NNCO is the PR about the Berlin Exchange, with all the shorting news, why would they list on that?
I don't have any NNCO, and don't plan on buying any, just giving my thoughts on the situation....GLTY
FYI ~ Iraqi Governing Council sources report unanimous choice of IGC member wealthy secular Shiite physician Iyad Allawi as provisional Iraqi prime minister until elections. Former Baath member, he turned against Saddam and went into exile.
Iyad Allawi is brother of Red Alert Group Director:
Sabah H. Allawi, Director, is a longtime Iraqi opposition leader. Mr. Allawi and his family, targets and victims of Saddam Hussein's terror, are active in the rebuilding of Iraq. His brother, Hon. Ali Allawi, is the Minister of Defense, and his brother, Hon. Dr. Iyad Allawi, is a key member of the Governing Council. The men are leaders in the Iraqi National Accord - a major political party. From 1964-1973, Mr. Allawi held high positions in the Iraqi Ministry of Information and the Iraqi Ministry of Foreign Affairs, following which he fled his country for political reasons. During the next 20 years, he led various diplomatic assignments for the United Nations including Head of the United Nations in Riyadh, Saudi Arabia. For his exceptional work for the United Nations Children’s Fund in Beruit, he was awarded the prestigious Cider Decoration by the President of Lebanon. Presently, he heads the Al-Rafidian Group leading in the reconstruction of Iraq. Mr. Allawi received his undergraduate degree from Baghdad University of the Arts, Diploma from the Institute of Development Studies at Sussex University, and Certificates in United Nations Senior Management Studies from Oxford’s famed Henley Management College. He is a member of: International Development Organization; Arab Human Rights Committee; Arab Thought Forum (headed by HRH Prince Hassan of Jordan); British Association for the Middle East; and Founding Member of the Arab Childhood and Development Centre, Cairo (headed by HRH Prince Talal Bin Abdulaziz Al-Saud).
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