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Re: A deleted message

Thursday, 09/09/2010 12:11:35 AM

Thursday, September 09, 2010 12:11:35 AM

Post# of 42999
I do agree with you -- everything will be good with financing.

As of September 6, per the most frequent poster on this board, it is a 'done deal,' with dollars in the bank account within 'a week or so.'

I do hope he is right. But based upon my reading of the company PRs, and the new disclosures of what is required to gain Sure financing ($12M, PPM, insurance), I am not as optimistic.

And neither is the market. Mr. Bendall talks about certifying a $2B valuation, but the market has EEGC at less than $10M market cap. Those believing Mr. Bendall have a fantastic money-making opportunity; but less tha $30K of stock changes hands on a daily basis, and the stock has dropped about 50% since the RO 'successfully' completed.

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