All,
I just spoke with Malcolm who asked that I send out a note announcing that GSLM won its solvency hearing today in Tasmania.
Hunt Energy, who originally filed the wind-up order, formally withdraw their application and submitted an affidavit to the Court in which the Company stated they believed GSLM to be solvent, as determined by their own solvency expert. With no other creditors having lodged complaints, the Judge ruled in favor of GSLM.
Cordially,
Reid Simon
REID A. SIMON
Empire Energy Corporation International