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Re: TedDibiase1 post# 337

Monday, 08/15/2016 5:19:46 AM

Monday, August 15, 2016 5:19:46 AM

Post# of 7915

It looks like Energulf decided not to make the 400k investment in GSPE properties, hence no news of a deal.



ENG has paid for the other properties, so that is still on track. If you look at ENG you will discover that they have been halted from trading since early July due to problems with audit. They anticipated that this issue would be solved by end of July, but that is obviously delayed. I had a chat last month with GSPE, and they believed that a deal could be on paper at end July, also delayed. I suppose that ENG has to file their audits before we see a PR about any done deal.
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