E Resources (egro)

[weo1998]

IOU, if a R/M is indeed in process, I would think this would move up from here. I base that on previous shell companies that pursue this type of arrangement. There are many things not known such as what happened to EGRO's business, funding of "I'm On Air" and so forth. Again, pure speculation on my part but because we haven't heard any news leads me to believe the R/M path is the way they are moving.

There is also the debt issue, what will become of that? The conversion of the CD which I believe is still significant? The share structure is still reasonable but will most likely grow substantially with a R/M and then ultimately a possible Reverse Split.

It is my understanding that shells still retain some value. What the value is remains to be seen but I believe EGRO is worth more now as a shell than it is currently valued. Again, this is pure speculation on my part.

Please don't buy this stock or any on the opinions of message boards speculators.

Just my thoughts.


Best you you,

weo