posted
upticks, what is your take of when the PR is going to be released? You got it right yesterday when you say it is not today.
Posts: 119 | From: home | Registered: Apr 2006
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posted
It does not matter with a Monday holiday in Canada, Parkin promised to release it Monday.
Posts: 66 | From: California | Registered: Apr 2006
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quote:Originally posted by ccvle: upticks, what is your take of when the PR is going to be released? You got it right yesterday when you say it is not today.
posted
You know it would have not taken much to release a PR yesterday stating the tardiness of the filings. the 8K is usually suppose to be filed within 4 days if my memory serves me right, however it will be at least 5-6 business days late. That makes me wonder just a little. The the 10Q was suppose to be today. If they have been working on this for 3 weeks like he said then it makes me wonder if there are some problems in the numbers or other things.
I like many are just waiting to see the "real" numbers when they come out. If they are good I'll will continue to add shares, if they are bad I will dump them faster that a virgin on prom night....
posted
Email from Parkin to Adam: "The update on the financials is being made and the accounting firm promise it for today—they said it is EXCELLENT. As soon as we get it we shall send it to the attorneys for verification. Unfortunately it may go onto Monday. It is a holiday in Canada on Monday, but rest assured that I will be at my desk to make sure everything is finalized and released on Monday"
Parkin's not very good on giving exact time frame of his PR's... But the Key Word's he uses is quite believable... so far...
The key word on that email is "Excellent" on the financials.
Last time he uses the word "Substantial" in the PR was about the North West's offer price for buyout. And you know what happened after the actual buyout price came out...
If all is good... you figured out the rest... JMHO...
Posts: 233 | Registered: Sep 2005
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they're verifying the updates, i think there was a minor problem with the numbers which caused the delay...a mistake somewhere that needed to be rectified, please correct me if i'm wrong...
Posts: 24 | Registered: May 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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hawk, thanks for checking, let me know if you find out more, ipo, whatever.
quote:Originally posted by hawkdriver: Dig I just got a reply from that stealth company. Not sure what to make of it, the good Doc never really answered my question. The attachment contains the stuff you already saw, and some defense review info, but nothing helpful. Anyway I think these guys are quite away from going public.
Yes we are interested please see attachment rgrds Dr R A Zeineh
Looks like a good product. Are you a publicly traded company, or a subsidiary of one. I would love to invest in this if you are?
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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North-West Oil is to own 59 percent in Northwest, the remaining 49 percent will go to Nord Oil.
Man they need to hire a better PR firm or the ruskies just can't count to 100. If thats the case where else can these simple errors be? Just a thought.
posted
Since I've been following this thread for a while and I AM a shareholder, I thought I would add my 2 cents worth: NWO is going to own 59% of the shares of the final merged company, which WILL be restricted (not ours, for any NEWBIE concerns). If you knew the price of the shares were falling due to invester uncertianty, wouldn't you WAIT until the price was "as low as it could go," and then "finaliaze" the merger by releasing the PR, which makes it official??? If my shares were going to be restricted for a year I'd want the lowest price possible, so that in a year when the company shares are worth (let's say hypothetically) $3-4, then I could sell some at a substaintial increase??? IMO
Posts: 58 | From: London | Registered: Dec 2005
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posted
If the figures for NWO are "EXCELLENT" as Parkin has "stated" in recent e-mails, then all we can do is wait... not HOPE. Hope doesn't make you money! If the company is strong and they (NWO) aren't stretching the truth about company worth, then we will all make cake. Let's be realistic... I HOPE all of my stocks will make me money, but hope doesn't make it happen... GLTA
Posts: 58 | From: London | Registered: Dec 2005
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quote:Originally posted by uptickds: Somehow this doesn't add up right..
North-West Oil is to own 59 percent in Northwest, the remaining 49 percent will go to Nord Oil.
Man they need to hire a better PR firm or the ruskies just can't count to 100. If thats the case where else can these simple errors be? Just a thought.
I think you read it wrong. This is the original PR from May 10th
"As the result of that merger, Nord Oil International shareholders will own a total of 41% and the shareholders of the North-West Oil Group will own 59% of the newly created entity to be renamed the Northwest Oil Group."
Posts: 345 | Registered: Apr 2006
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posted
He didn't read it wrong. I think there's a mistake in that russian website article. No big deal, just a simple calculatino mistake.
Posts: 119 | From: home | Registered: Apr 2006
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posted
Sukkaseeker, Maybe it's me, but I don't really understand what you're saying nor your logic... What is the lowest price?? It's all relative to people's confidence, which is affected by company's prospects, history, PR's, financials, market needs, etc. We all hope our stocks rise. And I don't think there's anything wrong with that since any relevancy of our "Hope" or "Educated Guess" mainly derives from the accuracy of our analysis of existing data, but there can still be unforeseeable occurrence of MM actions, catastrophies, etc. It's only natural that some may hope that everything goes according to plan.
Why are we going back to talking about restricted shares again as we all know and have agreed that our NDOL shares WILL NOT be restricted. Sell all you want anytime after the new merged company arises! It's the 59% that NWO owns in this merger that they cannot sell, NOT US.
quote:Originally posted by uptickds: Somehow this doesn't add up right..
North-West Oil is to own 59 percent in Northwest, the remaining 49 percent will go to Nord Oil.
Man they need to hire a better PR firm or the ruskies just can't count to 100. If thats the case where else can these simple errors be? Just a thought.
I think you read it wrong. This is the original PR from May 10th
"As the result of that merger, Nord Oil International shareholders will own a total of 41% and the shareholders of the North-West Oil Group will own 59% of the newly created entity to be renamed the Northwest Oil Group."
That is not from the orginial PR, this one was dated May 19th....DOH
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