People this could be the best performing stock in 2010/2011. There is a pattern forming here - do you see it? Its like a perfect storm for Empire. They have made significant accomplishments to date (latest is the HUNT issue) and I believe are working on all the others that are summarized in their last few PR's. Some will still find negative things to discuss but 98% of what Empire is doing is positive.
What we can look forward to (as per their PR's): * New financing of 180 million * Ordering of the RIG to drill * Expanded parameters * Adding respected Board Members * Development and financing of the Flare Gas Technology * Listing back to the OB for the interim, then to NASDAQ * Creation of a Joint Venture with a gulf region oil company * Reacquisition of Grand Monarch Holdings to obtain additional revenue streams for the benefit of all Empire shareholders.
People, Empire is going to be a winner. There are no other options for Malcolm. This .02 cent stock will be much much higher one day.
I believe this stock will be between .25 - .50 cents when they start drilling so what is the down side here - NONE.
Its exciting to watch them develop all of these initiatives. Many thanks to Malcolm and team for all their efforts. Always IMO. batting
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.