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touche` that was a beaut! you go guy.
Nice job on the new Ibox roger!
Okay, when you remark that the democrats took over the house and senate in 2006 when they were the minority and actually took control in early 2009, it means that you are not straight on your facts or that you are out and out trying to misrepresent hard facts on that on AFTC's stock as well.
here comes the dilution!
Lets be realistic here, I beg to differ. Should the funds be approved there might be a run to .2 if you are lucky. Finding hydrocarbons will move the stock significantly higher not more company debt.
"with this great news and next confirming 180 M this will be big .5 fast"
Exactly, how can they own a bank when they can not finance a 2 hole drilling program? What are they going to use monopoly money!
Howard, Why does Malcolm have the exclusive rights to this technology and how did Malcolm get the rights to flare gas technology in order to assign it to Empire Energy? Can you or someone on this board cite me a reference to this fact? Thanks in advance for your help?
with only a two year lease, time is short. EEGC needs to get cracking before they end up in the ointment again! God forbid.
I always regarded EEGC AS A PINKIE BECAUSE IT BEHAVES LIKE A SMALL TIME PINKIE
I asked the transfer agent for it is march after all those shares got dumped on the market and came up empty myself. Something is not right when EDWY says that they want to be transparent yet they are hiding basic information about their share structure.
its very difficult to maintain value in a stock with almost 1 billion shares issued. That leaves too much room for for MM to play with the shares.
Howard will the winter months in Tasmania preclude EEGC from safe drilling operations?
there it is, howard it seems, indeed does know.
928,570 shares dumped, by who?
I can guess at the cause being that edwy released Beta v2 and joe share holder does not know. They released the Beta v2 at about 6am this morning and have not released a pr stating that. This gives the impression that Edoorway has missed the mark. This is my guess, I think the stock should be higher on the updated website today, go figure.
Should EEGC only produce 3000 Barrels per day, the company will generate $85,320,000 per year at $79.00 per barrel. That would wonders for the share price right now and is definitely a step ahead. I am not greedy. I will be grateful for some measure of larger return over a minus return.
more or less, it could go to .018 or .019, but since they will probably execute Beta 2.5 this week its a slim chance. I expect to see higher highs and higher lows this week.
EDWY is not a deity, we can only judge them by their actions. Incidentally the solve website is down for maintenance. I hope they are executing the upgrade. That would be wonderful.
it looks like they are about to miss their own time line. That cannot be good as it indicates that they might be in over heads trying to achieve their own mandated key tasks. Sometime in February would have been good to launch the next beta. March 1st is a missed time line and thus the stock gets cheaper.
What I will do Howard is ride providence and see what happens. Thanks for your reply
The Rights offering is reserved for share holders prior to DEC 18 2008. The flaw in that provision is that it relies on a limited amount of shares holders to raise the 9 mil. Newbies like myself who came on board last year can only by on the market. I would buy at 7 cents knowing that it would help the corp get closer to drilling, that is a no brainer right there. It doesnt help me to have shares worth 4 cent when EEGC can strike oil and gas and be worth 17 dollars a share. What I believe is that late commers for lack of a better word are intentionally locked out even if it means more cash for the company's coffers. TO wit, I think that someone wants a shot at hogging those unexercised shares left over. GLTA.
thank you Howard, I appreciate your response.
Howard you seem to be quite knowledgeable of EEGC Do have an idea of what entities or persons would be willing to buy 133 million shares of EEGC without approval of SEL 14/2009? What is the time limit for the sale to be complete. Thank you.
If this was a scam the float would have been much larger as well as the authorized shares. With the authorized shares only being 600000000 shares and the float currently at 274 mil, I would guess that he is not trying to sell shares for a living like many other douche bag companies on the pinks, ie KKUR MODC ERWC etc. From what I have observed the past year, Bendall might not be the most adept business man and he is slippery with the english language, but he is trying. In my gut I respect his efforts after all this waiting and getting beaten up on websites. He has not quit and faded away. Kudos, to him, I dont like quitters.