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I think so too, with (hopefully) news and people who are suppose to be in this, .03 comes and goes in the first 5 minutes of that trading day.
yeah I've got a bunch from the beginning of this .01 run. Just wanted to see how deep .021, hit it for 50k and they filled 6k.
Well I wanted more than 6k at .o21....oh well.
The question you should ask yourself, "Who has the most to gain if the shares price doesn't go up, and people don't excercise their rights?" Maybe the same guy who said he'd buy any shares that weren't excercised? Making any sense now?
Getting the "rough" shares counts from the s-1/a.
The question of dilution is no question at all. Of course there will be dilution. Increasing the O/S from 287 million to 570 million is by definition, dilution. However, what do we as shareholders get with that dilution? Well in a sense if you excercise your Rights, your % of ownership remains the same. If everyone exercises their Rights, the net effect would be no dilution of your ownership %. So Diluiton of shares yes, dilution of ownership% no(think of r/s and f/s, but this one cost you money to be in it). Also, this "dilution" is giving the company about $10 million to do what it's suppose to do....Drill. I see my investment here as any long should, I want whatever will make holes in the ground asap, and hopefully some black stuff shoots out of the hole.
I means the Rights are effective (approved) and the company can go about having the shareholders excercise the rights.
Good morning all: Rights are effective, and the selling registration effective. Both were in the original S-1/a. No surprises, now lets wait for the PR. We are on our way boys and girls.
I'm glad someone gets it.
All of this was in the S-1/a. This is not new.
Have you every heard of the WWE? You're telling me that's real? Even though that's what they advertise? Bwaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
That would make sense since they are building a plant over there to recycle glass, and manufacture fiberglass.
I'll take my lunch money and live on Island time from then on....lol
Crazy or not, that's $60 a share. A 90% chance that this is worth $60 a share.
The data provided and varified by 3rd party says there is a 90% chance of their being at least 600 million barrels of oil there. 90% chance. I take those odds all day long.
someone took 200k at the bid. not bad for a stock trading that all day.
looks like we have bid support too. Somethings going to happen here soon.
I like your defensive approach. lol
I think more than that, but it doesn't really matter, the rights shares are gone either way.
I think the pictures along with the PR will finally shed some light on the non believers. lol.
Sweet. Get those pictures up in the IBOX when you get them.
I know they got an extension.
you know that, I know that, but obviously some don't know, or don't care what the facts are. But it won't matter because they will move on when they realize that all their post have been 100% wrong. People might not let them forget that either.
It's amazing at what some people think are the facts based on information that is dated. They will soon see how wrong they are. Then it's good night Gracie. This will prolly be the best stock I've every been in.
Seems to me that the little birdie is singing very loudly today. unfortunately some who heard the birdie are hearing the wrong tune....lol.
Good morning everyone, The birdie is still chirping but his singing is louder. News coming and it's suppose to be big, no idea what it is.
Did someone fat finger a sell? Oh my.
Monday down, we have the rest of the week for News, and what news it will be. This will be a fun week.
very nice. thanks
Hello board, been here watching for awhile....Was wondering if anyone knew if the news coming out had anything to do with CBJG relationship/Plant/Fiberglass with the Chinese? Thanks
Good morning EEGC....this week will be fun.
Hummmmmm, the rig going back, the rights offering this week, and being excerised, maybe some new investors along the way too for good meassure....lol I wonder what Malcolm and EEGC know that some people on this board don't...I know, maybe like EVERYTHING!!!!!!
That's funny, that's the same thing I heard.....hummmm little birdies must be flyin all over the place....Like I said Sorry about your luck, it's going to be fun, some people may never live this down....lol
EEGC news is soo big this week, the pps will more than double.
EEGC has oil, and will announce big news this week. Anyone working for the "other" company who post negatives on this board: Sorry about your luck. After this week, it will be hard for people to use some of the arguments about lack of funding, drilling, paying bills,...ect. It's going to be fun.
Empire Lodges Registration Statement for Final Approval of AUD $11 Million (US $9 Million) Rights Offering
Empire Energy Corporation International (Empire) (OTCBB:EEGC - News) today announced lodging of the Registration Statement with the SEC for final approval of AUD $11 Million (US $9 Million) Rights Offering.
Once SEC final approval has been received, Empire can schedule the mailing of the Rights Certificates and establish the beginning of the rights offering period. Empire CEO, Malcolm Bendall has stated that he intends to exercise his full shareholder right under the rights offering for the benefit of the drilling program. The rights offering will provide a regulated environment which gives all shareholders equal opportunity to participate in the future of the company and is expected to be fully subscribed.
Funding for the drilling program has been contingent on the completion and approval of the registration statement for the rights issue. Our rights offering, if fully subscribed, is expected to raise AUD $11 Million (US $9 Million) to enable us to complete the drilling of our Bellevue site and possibly the Thunderbolt site as well.
Empire Energy Corporation is an international oil and gas exploration company, focusing on developing assets in one of the world's last virgin basins and becoming a leading low-cost finder of hydrocarbons. The Company is currently operating in Tasmania's central and northern basins.
Additional information is available on the company’s web site, www.empireenergy.com.
This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Empire's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements. For a more detailed discussion of risks and other factors related to Empire Energy Corporation Int'l, please refer to its 10-K and 10 Q reports filed with the U.S. Securities and Exchange Commission.
Good Morning, with the news last night at 10 pm, I think we are well on our way to finally seeing this work out.
Looks like we are getting down to the wire here......
Good morning EEGC great day yesterday.