Empire Energy Corporation Intl. (fka EEGC)

[cary10032000]

Gentlemen, this stock is already in trouble, the purpose of selling stock to shareholders is to help enable the finance of a corporation's operations, research and development etc. The fact that this share price is so far below the par value of the PPS means that it is in trouble. What we all have going for us is $30 million worth of research, faith and patience. Unforturnately, the SEL98 expires in the fall so now we are also being pressed by a quickly approaching deadline, thus complicating our lack of fund raising. Does anyone know if EEGC applied for a new lisence from the state?
I believe that EEGC can raise $1 million in cash among the share holders along with the proper incentive. If there are 1500 share holders and EEGC goes to each of us directly and say buy a $1000.00 bond from the corp and we will repay you at such interest rate. It could raise 1 million or offer 3 shares for the price one with a minimum of $1000.00 invested. Thats a winner I think. What say you? Anyone!