CO2 and Boomer have been at opposite ends on EOR (as well as at least, another one). To say that this is a scam, imo, would mean that almost all OTC companies and at least half of the TSX-V should be listed here.
Does EOR still have money, and, if so, any unrestricted cash? I can't tell. EOR has production and reserve. It does not mean the Company will survive forever but, as an investment, i do think EOR is worth the risk.
g.p.