Empire Energy Corporation Intl. (fka EEGC)

[BobSinCA]

"All papers in place" is a broad term, but the 8-K is a bit more specific.

What I see below suggests that a lot of work is still to be done; that is why I am hoping Mr. Bendall pays cash for the remaining shares so EEGC can 'start the clock' on getting the rig to Tasmania. MRT's one year clock has started on Bellevue.

Part of section 1.0.1 of the 8-K, from Howard's earlier posting:

Additional funding conditions and repayment terms remain to be agreed.

And from EarnestDD's posting

3.3.1
Party B shall not disburse monies until Party A has met all of the requirements of the below triggers:

3.3.1.1.
Successful completion of banking due diligence and compliance check;

3.3.1.2.
Completion of a counter evaluation of the pledged assets.

3.3.1.3.
Completion of proposal for financing deal with a Gulf based oil company.