Empire Energy Corporation Intl. (fka EEGC)

[EarnestDD]

From the 10Q regarding the Tech Purchase for $7 Million.
Looks like EEGC has to PAY MORE for a technology Malcolm had claimed he had the rights to.
jmo

During the quarter ended September 30, 2010, we negotiated to acquire certain technology from Bass Resources Ltd and Grand Monarch Holdings, Inc that we believe will provide significant future revenue growth. A deposit was placed to pursue this arrangement with the use of a loan from CEO Malcolm Bendall. Transaction is expected to be completed in the fourth quarter 2010 or first quarter of 2011. Additional funding will be required to complete these acquisitions.