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Re: Howardhaftel post# 12831

Tuesday, 01/12/2010 10:22:33 PM

Tuesday, January 12, 2010 10:22:33 PM

Post# of 42999
I see:

Flair gas rights were given to the company by Malcolm for North and South America.

I have seen no filing or announcement of this actually occurring.

So either

(a) I missed something -- quite possible;
(b) It never happened; or
(c) It happened but was deemed immaterial by EEGC, thereby not deserving of an announcement or filing (which would mean EEGC does not think it is worth $5M, let alone $5B).

And on that point. $5B of resultant shareholder value. Total market cap of EEGC is $11M, so the market clearly does not share your enthusiasm, either because it hasn't happened, or because it is not expected to happen or because even if it does happen, not valued that highly.
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