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Re: oilnwater post# 14491

Monday, 04/26/2010 10:47:16 AM

Monday, April 26, 2010 10:47:16 AM

Post# of 42999
From news release on Wednesday March 17, 2010

I really like this part

Empire CEO Malcolm Bendall stated, "It has been a long and arduous journey to this point and I thank our shareholders and employees for their steadfast support. Today's news launches Empire to the verge of an extraordinary confluence of events. Over the coming weeks, we are poised to make unprecedented progress in advancing the development and commercialization of oil and gas in the Tasmanian Basin. Our company's current market capitalization and share price are 200 times less than the current asset value of US$2.23 billion (AUD$2.48 billion) comparative market value. I don't expect for this disparity in value to continue much longer. The license is proceeding, the new drill rig is poised to be transported and oil and gas is on the way!"

IMO WE Should be hearing something by the end of the week or early next week!

Its been a long journey for a lot of good people with a position in the company that have held on for a long time and trusted in their investment as i have and have even added to their position at this low and manipulated stock prise and have not aloud the negativity floating around them influencing their thinking in any way!!!

IMO Our time has come!!!!!!

PS To the short holders You Better start covering! because the next PRESS RELEASE will cover a multiple activities of company news that will drive the pps and heights as have never seen before!!!

To all EEGC share holders long or new trust in your DD the fun is about to start IMO !!!!

Have a nice day all!!!

GOD BLESS!!!!!

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