Energtek Inc (EGTK)

[blackpeter1]

The main bank was Caris & Co.. There were several hedge funds also who were coming in. In total about $50 Million in Equity. At that time there were 75M shares total and the market cap was over $150 Million. EGTK had about $400-$500 Million in deals that were waiting to get started and the loss of funding at the time was a major blow. They also had $50M in JV deals. Someone with deep pockets is going to make a bundle here over the next several years. At that time, there was NO oil and gas news either. Well, all that's in the past and were now going to have a major operation in the Balkans as you know. We got the $100M deal and that's just the start and we have the possible oil and gas along with the gas projects eventually in Israel and hopefully OIL! $$$ coming in for OIL and GAS drilling in my opinion. Financing in place for Bosnia deal as you know.