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"Mr. Mohan brings an extensive background in the area of business development with a primary focus on the subject of Strategic Growth. During his tenure as Vice President for Business Development at Frost & Sullivan, Stephen raised the bar on industry performance, achieving record revenue and profit margins through the development of calculated efforts that led to a notably successful 22% increase during the very first year of program implementation. Mr. Mohan holds a degree in communications from Bridgewater State College, Massachusetts."
"Mr. Lomax is a highly experienced financial consultant specializing in organizational matters such as regulatory compliance and corporate structure. He graduated from the University of Texas with an economics degree along with a period of additional studies conducted abroad while living in Spain. He brings extensive experience in the area of LBOs, MBOs and derivative actions involving public companies. Recently, Alan spearheaded the cleanup and restructuring of over 30 public companies in order to preserve and initiate growth in shareholder value."
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"Mr. Holman has an extensive background in the development of alternative energy projects, specializing in the wind and cogeneration sectors. He is an accomplished project planner and manager with real world experience in the development of large scale construction projects including megawatt class wind farms. With his involvement, Norex is able to accurately assess the viability of future opportunities in the alternative energy sector towards a growing commitment to an innovative clean energy portfolio."
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the low volume consolidation simply means the last of the profit takers are getting weeded out before next leg up, which should start monday
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oh for sure, we'll probably get more news to act as our catalyst and the chart will be set up perfectly to move into the .30s when it comes
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Management has predicated its extremely conservative business model on realistic near-term natural gas pricing at well under the currently predicted short term cap. The Company is gratified to see the current gradual increases, but believes strongly that great promise and opportunity for Norex and the sector as a whole is a foreseeable eventuality.
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NXPN combo of lunchtime and eow sellers here along with our regular consolidation, next week should be great roi from current level
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As the gas is sold under a purchase agreement with Eagle Rock Energy and is currently priced at a bid-week production price of $4.04 per MCF, the Company is confident that the value of gas in place if entirely commercially viable could exceed $40 million at today's prices.
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Norex President Mark Schaftlein states, "This information provides us with real impetus as we proceed in our strategic planning. Our acquisition selection process is currently well underway and this project is considered highly favorable for further exploitation. We are very pleased to find ourselves with such a fine collection of high quality projects at such an early stage. We aim to move quickly yet prudently in order to fully capitalize our position."
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