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Re: mcnastyy44 post# 3709

Friday, 04/17/2009 3:34:50 PM

Friday, April 17, 2009 3:34:50 PM

Post# of 42999
So.....Tad Ballentine has this little shell company with no assets or even an office. http://cf.us.biz.yahoo.com/e/081112/139478010-q.html

He conveys everyting to EEGC for 2.5 million restricted shares. EEGC then applies for additional licenses for coal seam gas and exploration area in Tasmania. Grand Monarch is then assigned a portion of the new license area in order to provide tangible assets, and further, 90% of which are swapped to Geominex for ALL of their shares worth (estimated) $900 million in assets??? .....but we are still obligated to $10K per day standby rate on Hunt #3.

I guess that's why I don't run a company.

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