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How many shares you have tied up in this?
He should have an update on what he is working on in about a week
Makin Bank is working hard for us to try and bring this back
EGYH delisted in brokerage accounts now.
Any updates on getting this stock back?
yes I hope so. everyone is busy with their own lives so these things take a bit longer than we want. If you can help financially to the tune of over $70K then tell me and we can pm
Thanks, think it will be successful?
not yet but working on something. thanks ask me again in 2-3 weeks
Anything new to report? I’m still hopeful on seeing this come back and to recover my investment.
Waiting patiently for good news!
Looking forward to the update! Keep up the good work and thanks for tackling this for the share holders
Oh my good news! Can’t wait.........just in time for the holiday season!
yes a bit. looking forward to updating with more in 3 weeks
Any luck? I know it’s wishful thinking!
yes. And some projects too. I want to see if we can leverage into marijuana and become a holding company
Still looking for investors?
Make us proud MakinBank!
it does not. looking for investors to restructure
Do you know if the company has a working website?
It may take a month. I am putting a plan together. I may have an interested party. I am still open to ideas.
We need to restructure.
Will do. Keep up the good work on your end. It would be nice to get this trading again. Any idea how long once we find an interested party we could be current again?
I have people in mind to speak to. Any leads on your end is also appreciated
Have you had any luck so far finding any funders?
once the appropriate filings are taken care of it will all be reflected in your account under EGYh or whatever they wish to have. I am trying to help us all out by finding $50K to help fund. Funders can get shares or an equity stake in a potential project while saving hundreds of thousands of shareholder's $ and also making the share structure better. The Saudis are good for nothing, lazy and stupid
How would this work if it got a new ticker. When I log into my account at TD Ameritrade, the current ticker doesn’t even show up anymore. Would we have to file something to convert? Please take me thru the procedure, I am curious and skeptical if anything is ever going to happen here
no. we are in a pickle. On one side we have an incompetent CEO who has walked off and will not let anything happen unless he gets his lions share of any proceeds for his back salary. On the other end we have been waiting years for the Saudis to have interest in their old investment.
And in the middle is us. If we can find a producing asset that we can merge into the company it is possible to restructure the share structure and merge it in and relist. The biggest hurdle is the $ that is needed to clean things up. Roughly $50K. If we can get that then it will come together.
So no news is good news?
the original company
What has been set up?
it has already been set up in NV so I don't think that will change. thank you
NV, WY, or even FL.
NV and WY are moving to be the new DE (where most companies are incorporated that have shareholders or public, along with VC-backed companies)
NV is home to a lot of lithium mining, solar, and wind energy too. So, it would make sense to set up there.
thank you, isn't the only practical option NV? I wish to ask you guys in the future about a list of a breach of fidiuciary duties by management
the saudis have a lot invested and they are either extremely lazy or stupid to take care of their investment. They can indeed take this to $1 with the stroke of a pen. But for the time being they are idiots.
https://www.legalzoom.com/articles/articles-of-incorporation-what-are-articles-of-incorporation
you need to figure out which state it'll be incorporated in. yet no idea what your plans are here.
seems like these guys are full of BS. all the money in the world and they can't get a lackey to fund the account, take over the board, get rid of Adair, and move on to fund projects and make money.
not sure if there is any juice to squeeze here.
would you be able to help me get the articles of incorporation and other papers together?
help restructure. I am pressed for time and if someone can dig this up it would help a lot and speeden things up. I am told it can be found on the SEC site.
What will you do with that information?
if you guys want to help me, get the articles of incorporation, minutes of meeting, bylaws etc. all the legal paperwork of the company together for me if you can
If anything comes up I’ll let you know. Keep pressing them for results
yes I am trying. if you know anyone who can help and fund $50 it would help
Let’s hope something gets done! Fingers crossed!
yes I am doing my best to help. because someone doesn't simply spend $50K to save their $8 Mil investment others have to go around the world for years to bring back the company. and those others aren't all of management either.
There was a good share structure, if it comes back the share price could escalate quickly. I hope something gets done this year. Wish we had more confirmation on their intended plans like notifying the shareholders.
both, they are looking for it to get the ball rolling. and when it gets rolling there will be a much bigger interest to finalize anything the saudis have in their pipeline lest the company they invested $8 Million in make a deal with someone else
Are they currently looking for the 50k or is that just what it’s gonna take to get the ball rolling again?
it's $50K. they are very lazy about it. someone can put up $50K and take over the company with the Saudi investment of $8 Million. if they want their company let them fund a project. a win win for a potential takeover candidate.
I have correspondence with the Saudi's it's real. they cannot get the money together when they have $8M because they are lazy? it is ridiculous.
I hope we see some signs of hope in the coming year, I won’t hold my breath though.
200K, thought the number was 50K, what’s the breakdown?
Said it smells to fishy and potentially too much BS here. Also not sold on working with the Saudis either, since they have trillions of dollars, but can't put together $200K in a minute to take this back from Adair and get FINS filed, etc.
no deadline for execution unfortunately. the stock is in the hands of either incompetents or lazies. wish we shareholders had more say but with saudis owning majority it's their company. I don't really know a way around it.
maybe changing the charter?
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EGYH Security Details Share Structure
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=hNFF4zTPBPNd6sKLNV8iYg%253d%253d&nt7=0 52wk High $0.019 This is an absolutely ground floor opportunity. 1. The management is still running the show behind the scenes. 2. Absolutely "No Toxic Financing" and more importantly, no dilution on level 2. 3. Absolutely no long or short term debt on their balance sheet and have no plans of taking any, however, they do have 2 million dollars in back payrolls, which will most probably be extinguished once they become compliant. 4. Absolutely one of the best share structure on OTC land. Insiders and Saudi Royalty (investors) own 55,000,000 shares of the outstanding, which some have paid over $2 and most have paid over $1. John Adair, CEO and Chairman of EGYH: Mr. Adair is Chairman of the Board of Directors and Chief Executive Officer. He is a successful businessman, leader and entrepreneur with extensive experience in the energy industry. Mr. Adair served as the Chief Executive Officer and member of the Board of Directors of Cherokee Oil and Gas, Inc. and Vice Chairman of Cherokee Allied Oil and Gas Corporation. Cherokee Allied is an international project development firm that identifies and develops large scale energy related infrastructure projects. Their activities are focused on refining, petrochemicals, biofuels and power plants. Energy Allied currently has projects ongoing in North America, the Middle East and West Africa. From 1997 to 2002, Mr. Adair was Chairman and CEO of Adair International Oil & Gas, Inc. He negotiated a $400 million, 600 MW California power plant project with Calpine, signed a major oil exploration block in Yemen with Occidental Petroleum as a partner, and signed a multi-million dollar contract with The Republic of the Congo for a free trade zone, converting flared natural gas to a feedstock for industrial development. From 1995 to 1997, Mr. Adair was President and CEO of Dresser Engineering, a multi-disciplined company located in Tulsa, Oklahoma. Dresser had particular expertise in natural gas processing, holding seven patents in this area. Dresser completed a number of multi-million projects for major oil companies, both in the US and internationally. From 1989 to 1995, Mr. Adair was president of Adair Oil where he successfully negotiated an oil and gas production sharing agreement with Yemen. From 1970 to 1989 he was president of Adair Construction where he completed a number of real estate development projects as well as successful oil and gas investments. During the Vietnam War, Mr. Adair served as a Naval Flight Officer, completing over 200 combat missions on three separate cruises to the war zone. After returning to civilian life, he remained in the Naval Air Reserves where he held positions as Commanding Officer of the Reserves aboard the Navy’s newest nuclear powered aircraft carrier at the time, USS Carl Vinson, Commanding Officer of Reserves at NAS Kingsville, Texas, and Commanding Officer of Fighter Squadron 1170. He is a retired Navy Captain. Mr. Adair received BA and MA degrees from Northeastern State University of Oklahoma and is a member of the Petroleum Engineers Society and the Society of Mining, Metallurgy and Exploration. He was selected and is a member of National Who’s Who of Business Managers and Executives. Jalal Alghani, CFO and Secretary of Energy Holdings International Inc: Mr. Jalal Alghani has been the Chief Financial Officer and Secretary of Energy Holdings International, Inc. since September 1, 2009 and serves as its Principal Accounting Officer. Mr. Alghani has been an Independent Consultant in the oil and gas, as well as green energy industries, both domestically and internationally for more than 27 years. Mr. Alghani co founded Powered Corp. and served as its Co-Chairman, Co-Chief Executive Officer of Middle East and Africa and Chief Operating Officer. Mr. Alghani is the Founder and Chairman of Adin Investment Company in the Republic of Yemen. Mr. Alghani has been an Executive Officer of Adair Oil International, Inc. since 1998. Mr. Alghani served as Chief Financial Officer of Adair International Oil & Gas Inc. from 1990 to 2002. He served as Vice President of sales and marketing of Dresser Engineering Co. from 1995 to 1997. He serves as Vice Chairman of Energy Holdings International, Inc. Mr. Alghani served as Vice Chairman of Adair International Oil & Gas Inc. from 1990 to 2002. Mr. Alghani has been a Director of Energy Holdings International, Inc. since September 1, 2009. He has been a Director of Adair Int'l. Oil & Gas since 1997. He serves as Director of Powered Corp. His areas of expertise include, debt financing, assets and financial management, joint ventures, as well an expertise in both domestic and international banking in the U.S. Europe and the Middle East. Mr. Alghani possesses public and private company experience in debt financing, assets and financial management, profit sharing agreements (PSA), Royalty contracts negotiations, Joint Venture Agreements (JVA), Joint Operating Agreement (JOA), financial risk assessment of oil and gas exploration, seismic acquisition, drilling, pipeline transportation, refining both Oil and Gas productions, cash flow and profit structure of upstream and downstream operations of oil and gas operations. Mr. Alghani has additional experience in international and domestic banking in United States, Europe, and Middle East including private banking, commercial credit analysis and lending, letters of credit, Real Estate syndication, assets conversion, mergers and reverse acquisitions, public and private placement, and portfolio assets management. Mr. Alghani is a citizen of the United States. HRH Prince Abdullah Bin Bandar Bin Abdulaziz Al-Saud - Member of the Board of Directors - BIO His Royal Highness Prince Abdullah bin Bandar bin Abdulaziz Al-Saud is one of the Kingdom of Saudi Arabia’s youngest entrepreneur. He serves as the Chairman of the Board of Directors of the following companies: “Arabia Markets Agency”, a Saudi advertising agency that designs and distributes “Kingdom Markets” one of the major free advertising newspapers in the Kingdom of Saudi Arabia. “Support Services Establishment”, a provider of various commercial and industrial operations and maintenance to hotels, as well as to civil and private security sectors. “Sands Horizons”, a marketing and distributing agency for environmentally friendly products for safe fire fighting. His Highness has also been the Chairman of the Board of Interactive Applications Establishment, a service delivery establishment providing full-service technology solutions to the private and governmental sectors in the Kingdom of Saudi Arabia. His Highness is the Chairman of Albilad Solutions, a consulting and recruitment company. Additionally, His Highness has been a member of the Board of Directors and Acting Chairman of Aqarwamlak, a property management and developer of all types of real estate properties HH Prince Bader Bin Abdullah Al Farhan Al Saud – Member of the Board of Directors - BIO His Highness has also been active in real estate projects in Saudi Arabia, Dubai, and the rest of the Middle East for over 5 years. Some of these ventures include projects with Dubai Investments, Emaar, and other large reputed companies. Several of his investments in Saudi Arabia in particular are of significant importance and include several hundred thousand square feet of prime real estate property.His Highness is also one of the founders of a large recycling business in Saudi Arabia that currently holds the largest waste management and recycling facility in the world. The facility’s current capacity is 7000 tons of waste per day and is currently managing up to 1200 tons per day.His Highness is a strong believer in environmental protection and sustainable living and hence is one of the key advocates of such initiatives. His Highness is a Member of the Board of Directors and will be acting as the Vice Chairman.Despite the recent global financial crises and liquidity crunch, several of the projects that his Highness is pursuing are on track and within the budget allocations. | ||||||||||||
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