InvestorsHub Logo
Followers 18
Posts 1249
Boards Moderated 0
Alias Born 03/03/2012

Re: jdwintx post# 28758

Friday, 04/17/2015 10:41:28 PM

Friday, April 17, 2015 10:41:28 PM

Post# of 35711
reading the big release again
I have a few questions if someone has the answers
no disrespect just pointing out some issues

one of the condition of the LOI is :
including a satisfactory resolution of the creditors for EGPI Firecreek

How do they do this ?
40 billion shares out do they hand out another 30 or 40 billion to clear the debt, last filing has 8 million in debt and that was 3 years ago that is a lot of shares with a 4 million market cap
that would be 40 or 80 billion to clear the debt depending weather you believe there is 20 billion or 40 billion outstanding

now what does efir give up to obtain this 500 thousand gross revenue machine per year
20 - 40 billion shares?
they wont come for free efir must be giving up something
it has no cash , no available shares ?

Fred Sussman, Empath Towers LLC, CEO, stated, "We look forward to being a part of the EGPI Firecreek. Our relationship with EGPI Firecreek via this acquisition will help to provide us the proper capitalization needed to grow revenues both organically and through acquisitions.

efir is going to raise them capital
how many shares it that going to be ?

will the Rs be 1 to a million