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Nope.
Nothing from Nothing is subtraction.
But, you keep believing what you like.
Empire shall multiply all of the negative by the negative into a positive.
Quite the concept, eh?
"Nothing comes from Nothing" is simple math.
Regarding EEGC, the more astute recognize that a negative multiplied by another negative equals a positive.
Lol, Meaningless.
Defamation is easy to prove as long as what was said is found to be untrue.
Just like fraud is for monetary gain induced by mis-representation.
According to Malcolm, that POS lied that the rig had been certified. It also appears he knowingly recommended a inadequate rig and overcharged with his preferred client list.
Tie that preference in with Hunt and both are done. Its real easy for MRT and our interested friends at SmartWin to corroborate it.
Malcolm wants those shares back and it looks like he will get them.
Nope. That's just more sillyness.
Fraud is a crime and a tort.
In this case, prosecuted either by being imprisonment , or both, by having the contract rescinded, as well being subject to punitive damages.
Mmm,
Fyi, 80% of all civil cases settle.
Plus here, Malcolm has to get the underlying case overturned first.
Goods odds but...
Imo, we hit oil before we see anything from Hunts successor as typically entities clam up, by nature, until they're forced to settle.
Wrong again.
Cj is not Malcolm. Further, Cj made no mention of a conspiracy.
But I do.
Nevertheless, I believe Malcolm will simply go after the fraud as a causable action.
Lol, that is unless he can convince TWGLL to request and be accepted to practice law down under.
Right.
It's called inducement of fraud for monetary gain.
In order to induce payment from Malcolm, which he paid, Hunts puppet allegedly stated the certificate of fitness was forwarded to MRT.
Apparently, that never happened and neither did the actual certification.
Hunts new owners are on the hook for Hunts fradulent behavior.
The standard for fraud committed here in the good 'ol US of A is treble damages.
I presume its the same down under.
Lol.
Malcolm does not have to "say" anything about "definately" going after Hunt because he's definately allready doing so.
Not all of the them.
Apparently, Malcolm has more docs from SmartWin to file.
Sure. I dont mind.
But, I'm kinda busy taking in the win I predicted last time.
Lol.
Real easy to explain...
Again, its called fraud.
Malcolm did not know about it at the time he was sued. Therefore, based upon the new evidence, that case should get overturned easily and then be ruled for( one again) in our favor.
Even more so, with SmartWins help motivated as an equity shareholder.
Rather, for "some" to take.
Great management, Malcolm.
Thanks!
Lol, just kidding Money!
I Know your not smoking one and neither am I.
I just get a kick out of "POOR BROKE'OL MALCOLM" walking around town now with a purse.
I guess thats a hard one to take!
I fail to grasp it too.
Contrary to the merits of the case, the pr does not reflect an Empire win.
Maybe there is some sort of disinfo going on where the chinese need the illusion of a win but, again the pr does not favor Empire.
I don't think it's deceptive. In fact, otherwise, I agree with you.
At first blush, it appears Malcolm caved in.
Do you think he's going to share the "oil secret" with one who does not like the "sentimental tosh"?
Really?
Pretty soon Malcolms going to be on this list:
http://www.bbc.com/capital/story/20150114-the-best-ceos-of-2014
No.
Its superfluous.
Thats the amount of Empire shares held in trust by a 3rd party as a guarantee for Empires drilling performance.
Its quite ironic SmartWin was the party who failed to perform but no such "guarantee" was taken.
Im sure Empire will get that back in the settlement.
It should go back into the treasury.
Imo, Malcolm should require that any work with SmartWin in the future mandate the same security from them.
Whats so funny?
A couple of years ago, I urged Malcolm to countersue SmartWin because I felt he had a good case against them. At the time he was unsure. Imo, then he was un-sophisticated in juresprudence. Nevertheless, I urged him by stating I could assist in funding the litigation, if necessary. Needless to say he found other avenues and essentially prosecuted the claim on his own. He hired the best attorney and won the case. For that, I hold him in the highest regard.
This happens to be the only penny stock I own. All my other are doing EXCEPTIONLY WELL and
Malcolm deserves CEO of the year status!
Im sorry you obviously dont agree this is a great stock.
Soon it will be fabulous!
Lol. Yep and he's putting 32 million back into the treasury from SmartWin.
Thanks Malcolm!
Wrong.
Those are my words, my reason, my argument (but not really because there is none) and my opinion.
Further, I havn't heard from Malcolm in years!
Let it go, cj.
Its not a puzzle.
There was a 5 million dollar budget for drilling approved by both parties. Then because of normal circumstances it was going over. But, that in itself was "no cause" (as Judge Oing opined) for SmartWin to withhold the balance of the loan, promise and payment upon EEGC's timely consideration.
Therefore SmartWin, if it does not or had not settled with Malcolm is looking straight at a breach of contract judgement against them to the tune of billions of dollars in damages.
It's that simple.
No. That's the whole story. Everything else is tangential and superfluous.
No news?
As I stated before: Imo, Malcolm is kind enough to allow people with a brain a little time to buy some of his stock cheaply!
Ok. How about this one?
I agree the likelyhood hood of a future JV being "formed" (as a term) to be not correct.
I personally think a better word usage is: "forced upon"
That unamenable position to date being: SmartWin
Due to the fact that Judge Oing opined that SmartWin had breached the contract by turning off the spigot too soon, I believe the probability of an investor losing any more money is zero.
Yep. Doesnt Malcolm like Fridays?
Common sense.
Geez Louise, ALL settlements of the like are ALWAYS confidential. That means again, NOBODY will know, other than the parties and their attorneys the terms of the settlement. That includes you and I.
Reliable source?
That's a good one.
I remember reading a press release from New Times back in 2008 where they proclaimed to their shareholders that they would loan Empire five million dollars for the drilling program.
Apparently, your reliable resource isn't that reliable.
Alot has changed since SmartWin first tried to tap into Tazzies oil.
As of last year, they now exceed the US as the worlds greatest consumers of oil.
Early next what year?
Where and when did you get that?
Boy howdy!
How about the much maligned (and regurgitated) conspiracy theory in itself that never happened?
You can add that one to the "red herring list" as being false too because... well gosh, rumor has it Smmaarter than smart, SmartWin is presently conspiring with Empire to drill or, at the least, to save their arse!
Nope and nope.
Au contraire.
Here in the good 'ol US of A, particularly in Montana where Im currently at, folks around here only sell our oil to China.
In fact, all the oil around here goes to China and the gas to Canada.
There are no Chinese firms here.
Moreover, notwithstading they (SmartWin) are down 4 to nuthin, China does need Empire accordingly to get out of a very ugly multi-billion dollar lawsuit as well as, I presume the good folks of Tasmania, are of like mind.
Right. But, wrong:
If you look at the chart, (or my etrade acct.), the stock is up a thousand percent over the last few months with NO news and the facts are what they is.
So, I guess there are some that wont drink and then there are others having whatever they like.
Good luck with your opinion. I hope it makes you lots of money.
On the other hand, I'm betting my money on Empire.
Consider this:
Its the bottom of the 9th inning and Empire is ahead 4, SmartWin 0. The worlds best pitcher, the world's greatest living lawyer (TWGLL) is still on the mound after pitching a no hitter.
The crowd is cheering but a few are weeping, etc.
Now what are you gonna do?
Im going for a beer.
Just getting started. You can say it's just a spark.
I like how our benevolent CEO, Malcolm is holding off on the news to allow the common man to get in.
What a nice guy.
Wrong.
When Empire receives money from SmarWin (which Im sure it will) SHAREHOLDERS will be receiving it as well.
Have you considered he may be acting as an alturistic, benevolent, benefactor by allowing any such lessor minions with a shred of common sense a chance to share in the glorious opportunity he is in mandate of?