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Re: EarnestDD post# 16366

Wednesday, 07/14/2010 1:08:59 PM

Wednesday, July 14, 2010 1:08:59 PM

Post# of 42997
Ponder not! Smart Win reneged and owes EEGC over $1 million final payment. We would love for Smart Win to sue. They are directly responsible for the additional debt EEGC incurred. They are also the reason the drill rig was taken down. Hunt was about to drill and expected payment as did EEGC from Smart Win. Smart win thought they had EEGC over a barrel and was looking to get a much larger piece of the action. It blew up in their face and not only did they get dumped but lost their share. It would be a winfall to the company if they sued.
Don't worry about the timing to wrap up the financing. Its no problem at all.
Ponder this: If EEGC didn't have assurance of the money do you think they would go after the additional sites omitted by MRT. Not a chance.

All the bases are covered and then some.

This is only my opinion!

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