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Re: righty post# 19395

Friday, 12/10/2010 8:25:06 PM

Friday, December 10, 2010 8:25:06 PM

Post# of 42997
Well Gosh Golly GEE ... its a transaction that occurred prior to the end of last quarter for EEGC.
Its a material transaction. $21 Million in total.
100 Million shares were given under the RO for "executive compensation" as partial payment of that transaction.
$7 Million of $21 Million was already recorded prior to Sept. 30 as evidenced in the 10Q.

What part of MATERIAL EVENT do you not understand???
jmo

Perhaps I am stupid....if so please detail how it is that this transaction that has yet to complete,... is required to be reported in an 8k????


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