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Re: basserdan post# 497942

Monday, 09/11/2006 1:24:40 PM

Monday, September 11, 2006 1:24:40 PM

Post# of 704019
I was aware of his robtv comments. To be exact, Embry claimed that he had met and talked to the CEO and looked at the company and he wasn't interested. He added some colorful comments to the effect that he wasn't sure what to make of the company even though the CEO "seems like a nice guy". That must have caused an uproar amongst ECU believers and resulted in another reporter to follow up on Embry's comments. It was the second report that brought out the divergence between YOY revenues and positive PR about extensions/discoveries. IMO if the company doesn't hire an independent geologist to audit and varify results at this early stage, then I would not touch the company. The other way to increase the credibility quotient is to increase revs and cash flow by 10X YOY if note more. BOL.

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