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BobSinCA

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BobSinCA

Re: wshaw14 post# 12366

Friday, 11/27/2009 5:51:26 PM

Friday, November 27, 2009 5:51:26 PM

Post# of 42999
Comments on EEGC's funding:

- Evidence of 'no funding' is the company financial statements. I don't think there is cash on there, or account receivables/marketable securities, or (in the notes to financial statements) description of funding available but not yet drawn down.

- Funding availability would be a material event and therefore disclosable. EEGC has not announced funding in hand.

Net: we have to assume no funding.



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