Empire Energy Corporation Intl. (fka EEGC)

[Tech Master]

EEGC has done nothing to improve on their vague and contradictory press releases and continues to make ridiculous claims about unknown reserve values, mystery technologies, absurd funding targets and the like.

The share price demonstrates what the market believes is the likeliness that the latest "Hail Mary" pass for funding will be successful. I personally think that the probability of funding before the land lease expires is less than 10%. I think that they'll be lucky to even keep the current charade alive for another six months. Raising money is difficult. Raising money for a company that has a demonstrated track record of marginal performance will border on impossible given the company's current market cap, capital structure and Bendall's continual meddling.

IMO... game over.