Empire Energy Corporation Intl. (fka EEGC)

[BobSinCA]

The 'rumor' of an unsuccessful RO comes in part from Howard's report that Mr. Bendall is busy organizing financing.

For myself, I observe that Mr. Bendall announced his LOC in a PR in June 2009, and it appeared to still be in place -- and planned for use on the RO -- when the RO was finalized just a few short months ago, per the quoted registration document.

Surely, any change from LOC availability and intended use would have been a material event requiring disclosure (much as initial LOC availability and RO exercise intent was disclosed) -- unless, of course, EEGC was not advised until it was time to execute. Which would certainly cause an unexpected credibility problem all the way around, including Mr. Bendall with the Board of Directors of the company.

So, I'm simply waiting to have the company announce RO success, together with exactly how much of it was subscribed by Mr. Bendall.

And, then, of course, date of first drilling.