Empire Energy Corporation Intl. (fka EEGC)

[Doc Metz]

EEGC has a routine similar to the Good Cop - Bad Cop routine only in this case its the Good News - Bad New routine. First comes the Good News PR which says that funding has been obtained and drilling will commence within a few weeks. This is followed a few weeks later by the Bad News PR which says that the previously issued Good News PR was a false alarm and that no funding has been obtained and that drilling is not scheduled to start. This pattern has been repeated about four times since last September. At least there is some good news. That is that the Good News PR phase is the next one in the sequence. Everyone who has invested in this company knew they were taking a risk that no oil may ever be found. We can all live with that risk. However, I don't think many of us ever considered that the risk we were taking was that maybe no drilling would ever take place. I hope this cycle of Good News - Bad News PRs is fast coming to an end.