Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

My impression is that Malcolm in is effort to raise money to continue drilling in Tasmania had several avenues to explore, one of which was Geominex.
Geominex was a last resort and the worst deal where he had to give away too much. Well as time moved forward the other avenues developed and he dumped the less attractive avenues. I believe we will be just fine and more information will be released as early as this week. This is a great opportunity to increase your holdings at a very low price.
Its quite obvious that the options offering , which will raise $12 million Ausie, is an avenue that will happen. its also obvious that at a 7 cent purchase price the PPS will have to go up beyond 7 cents. To me that means there is something big coming that will move the price up.