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EGOC...news update on website regarding OTC current status and PR's coming soon. Posted below is the update from CEO Ray Brown...

http://energy1corp.com/E1/News.html

31 August 2011

Accounting Update - 1:27AM EST

We’re pleased to report that the past-due accounting is done. There are still a couple of auditor’s notes to be completed, but we have all of the accounting for the reporting periods through Q2 2011 up-to-date (as well as being current through today, but that’s a bit premature at this point as it still a month before the quarter of Q3 2011 draws to a close). Tomorrow, we’re going to have a final run-thru with the accountant to complete the auditor’s notes and just to make sure we didn’t misplace a decimal or skip an accounting 101 lesson somewhere. (Please give us 24-36 hours to make sure everything’s right as none of us have had any real sleep in the last 3 days.) Following that, we’ll post Q3-2010 thru Q2-2011 in total on this website and then upload them quarter-by-quarter to the OTC Markets website, as per the requirements. (It should be noted that OTC Markets may not post them immediately after we upload as they review material for security reasons before official clearance.)

Upon OTC Market’s upload of the financial statements, all future “Press Release” style communications will take place in the form of an actual News Wire Press Release; but all interested parties are encouraged to continue to visit this website for less formal (ie: “chatty”) company updates. (PRs charge by the number of characters, while we own the web server.)