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DIG is back in the building. Thanks azizalk. Thats about half a dozen times or more that it was said that there is no restriction on the stock. He can't be that dumb. And if he didn't want to answer phone calls and send emails he would make himself scarce. Surely he would'nt mislead us that hard. Whats he got to gain?
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Regarding the reverse merger... from what I see it looks like 2 of Northwest Oil's subsidaries will reverse merge into the NDOL shell. The rest of Northwest will remain a private Russian Oil company.
The new entity will comprise of NordOil plus the 2 Northwest subsidaries. Since our shares will now be worth $2.20 it looks as if there will be a new share structure...
Since origional NDOL is valued at $2.20 pps and we have 230 mil outstanding and we will receive 41% of the NEW company, it looks like the 2 Northwest subsidaries are valued at a bit more than our $2.20 (ie, they get 59%and we get 41%). So thier 2 subs should be valued at about $2.85 per share. If you combine these assets then there will be a a new stock valued at around $5.00. Our NDOL shares will be canceled and new shares will be issued incorporating the three new entities.
Since the new shares should be valued at approx $5.00 per share, then we will get a bit less than 1 share of the new entity for every 2 shares we held in the origional NDOL.
Since the new company comprises of NDOL plus the 2 subs and the 2 subs are valued at approx a bit more than NDOL (41% verses 59%), then the new share structure should be approx 230,000,000 outstanding shares with our team holding 41% of this number.
Seems like a huge buying opportunity when the new share hit the market because they will probably open between $1.00 and $2.00 pps but are worth $5.00. With the OTCBB and June oil production looming, the pps will probably head north quickly. Once near $5.00 a listing on AMEX or NASDAQ will drive the pps to $7 or $8 easy
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"Since origional NDOL is valued at $2.20 pps... So thier 2 subs should be valued at about $2.85"
No, NO! Current value of NDOL is .85 per share.
Those folks twist and distorts statistics worse than that sweathog doper Rush Limbaugh!
A value of 2.20 is based on a merge company worth roughly one-billion. That ain't so!
Based on what I read in filings and questionable per news releases, NDOL is worth more than is North-West. NDOL is not worth much; far less than ten-million.
Combined, NDOL and North-West might be worth, let's pretend, twenty-million, with yearly losses.
NDOL is merging with two subsidiaries which only represent a fraction of the value of North-West as a whole.
Being generous, very generous, giving NDOL a value of .85 and the two mergers a value of .85 end result is a company worth .85 per!
You do not double the per share value simply because of a merger. The true value is based on trader perception. NDOL trades for .85 and being generous we can set the two subsidairies at .85 per share, wait! The merged company is not worth double, 1.70 per, it is worth .85 per!
quote:Originally posted by Purl Gurl: I did not write this stock is a pump and dump but will do so now. I wrote many known pump sites are pumping this stock and many in this thread are very clearly pumping this stock. I also wrote behavior of management is typical of a pump and dump scheme. Many warning signs are apparent and many ignored those warnings.
I now write this is a pump and dump stock being confirmed today by pr news. Not only did management of this company initiate this panic selling, they also added confusion and fear with conflicting news; they screwed up.
Bottom line is management, through their written statements, have made it clear their intent is to drive share price up and this is their only concern. This confirms a pump and dump scheme.
Purl Gurl
Thank you for your continued analysis, Purl. But we already know where you stand on this stock.
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Purl have you posted similar on other stocks? because i'm having deja vue here. I could swear i have seen these posts before, maybe it was on another thread.
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You are awfully concerned about what I did on QBID and also very misinformed. How much did you lose their, since you are always thinking about it?
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quote:Originally posted by DIGDOUGH: You are awfully concerned about what I did on QBID and also very misinformed. How much did you lose their, since you are always thinking about it?
I don't understand what you and your girl friend are trying to prove here.
quote:Originally posted by DIGDOUGH: Purl have you posted similar on other stocks? because i'm having deja vue here. I could swear i have seen these posts before, maybe it was on another thread.
------------------------------------------------ Your words speak miles as to what you are...
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Dumbsh!itoff, I know you are just here with your master to teach us the folly of our ways. I wish you would buy some stock in Purls peyote button company and start your own thread.
quote:Originally posted by Dustoff101:
quote:Originally posted by DIGDOUGH: Purl have you posted similar on other stocks? because i'm having deja vue here. I could swear i have seen these posts before, maybe it was on another thread.
------------------------------------------------ Your words speak miles as to what you are...
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You are correct Purl .85 in the current value, and according the the balance sheet the company is only worth 10mil. But I think the 10 mil only applies if the company were forced to liquidate right now. The Yemelyanov license alone states the company has 4,710,000 metric tons of oil, and 7,000,000 cubic meters of natural gas serviced by 3 wells. The property rights were acquired for 12,500,000 USD, back on the 22 of July 2004. This may not be an asset because they don't own the property out right, but it definatly adds to market value. This alone is worth more than 10 mil. The oil may still be in the ground but it easy and fairly cheap to get it out. Please correct me if I'm wrong (I just opened another beer), but the company alone will not set the price. It will be determined by the company and the MM, and it normally has more to do with potential and actual value. I expect NDOL to issue some sort of "We are moving to another board after the merger" PR, if anything just to provide an incentive to investors to keep the share price from dumping. I am pretty wasted so I apoligize for any typos, but am not going back to check.
OK I'm finishing my beer and going to bed good luck all.
-------------------- skids are for kids
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quote:Originally posted by DIGDOUGH: Dumbsh!itoff, I know you are just here with your master to teach us the folly of our ways. I wish you would buy some stock in Purls peyote button company and start your own thread.
quote:Originally posted by Dustoff101:
quote:Originally posted by DIGDOUGH: Purl have you posted similar on other stocks? because i'm having deja vue here. I could swear i have seen these posts before, maybe it was on another thread.
------------------------------------------------ Your words speak miles as to what you are...
------------------------------------------------ So very typical of a QBIDDER....Attack and Spin. After your performance on the Q thread how many Newbes do you think you and your buddies ruined financially.
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I invite everyone to do their own research on everything that goes on in these allstock threads. Although I don't try to make up BS and try to be accurate with what little I know about anything, don't take my word for it. Confirm your own stuff. Somehow I must have lead Dusty's naive little mind astray by something i did or said in the past and (it's coming back on me. Purl brought that Karma thing with her to bite me on the ass)I have never considered myself to be a heavy here or anything and never will as some seem to be set to do.
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You need to direct all the financial losses you incurred to the CEO of that comapany, who I would be glad to see prosecuted. Should I blame you and your master for not being their to save us?
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Correct, hawkdriver, despite your beer and an afternoon siesta. one plus one does not equal a Rush Limbaugh three.
NDOL, on the books, is worth about ten-million. Traders set a value based upon performance and, to a lesser degree, future potential.
To date, NDOL is not doing well at turning a net profit. This is in keeping with their high operating costs. NDOL can have (pretend) proven mineral reserves, coal, oil, gas, whatever, which are worth a lot if liquidated. However, liquidation of a company obviously reduces their value to zero.
Traders look at performance and profits. Those reserves mean very little if NDOL cannot extract and profit. Thus, they are not worth much, least for now. In the future, they may do better or may do worse. Either way, traders will deal with perceived value, right now.
Reading North-West pr news, my opinion is they worth a lot less than NDOL. Their production of less than a million barrels of oil per year, is far from impressive, despite selling their oil at five-hundred bucks per barrel.
This flurry of pr news recently, actually runs down the value of NDOL, evidence by close to a one dollar per share loss in value. This news coming out, well, very poorly written and is not truly good news, to those who can read well.
The nature and wording of the news also suggests the writer is eating my peyote buttons. Regardless of who writes the news, the CEO and board are ultimately responsible for content. Personally, I do not think they are eating my peyote buttons, I think they are chewing on my New Mexico mescal.
These postings appearing claiming a final value of 5.00 per and upward, suggests the writers are not eating peyote buttons or chewing mescal. This suggests they are simply crazy.
Another notion being carefully avoided is NDOL holders only recieve 41 percent of whatever the float will be, minus float held by insiders, treasuary, institutions, whatever. This is 41 percent of a percentage fraction of North-West; the two subsidairies are the fraction. None know if these subsidairies are red ink or black ink. Those subsidiaries could be empty shells or could be wildly profitable.
Whatever per share price NDOL is worth at the time of merger, that is what the new company will be worth. My guesstimation is value will fall after the merger. This is typical.
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SO Purl in light of all the 2 days of constant enlightening from you., I submit a question. What do you suggest we do? What is your goal here? You know more about this company than all of the officers combined. You now have my attention.
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