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Thursday, 07/29/2010 9:29:55 AM

Thursday, July 29, 2010 9:29:55 AM

Post# of 42997
Empire Energy, A start up company with the goal to generate profits for its shareholders.

Even though EEGC has been around for many years its still in the start up mode because it has no revenue as yet. Thats is going to change in the near future because the company has more then one product/service that has the potential to generate revenue.

Most start up companies are funded by selling stock or have investors that aid in the kick off in hopes they become self sufficient quickly. Some companies make money in the first year and some years down the road and some never and sooner or later go out of business or are bought up by other companies.

With EEGC we have a company that is devoted to finding Hydrocarbons, mining them and bring them to market. To meet this goal certain expertise must be incorporated into the program. To accomplish this a Joint venture will be formed using a world renowned mining and management company that will do the actual mining and share in the profits.

EEGC has progressed beyond the one product company it started out to be. We now are in the process of marketing Flare Gas nanotechnology that will generate large amounts of revenue and contribute to the uptrend of the share price.

Its taken a long time and many barriers to jump over to get to this point and I don't doubt there will be more along the way but with the very capable management led by Malcolm Bendall we will forage ahead.

The cost to run and develop a company of this type is staggering and there will always be a need to raise on going funding. You just don't drill a well and call it a success. It takes hundreds of wells and years of work to make it all happen.

The most horrible, dreaded word in the English language is PATIENCE, with out it we are doomed.

This is only my opinion!

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