Empire Energy Corporation Intl. (fka EEGC)

[BobSinCA]

You forgot to mention the first paragraph of EEGC's October 26, 2010 PR:

Empire Energy Corporation International (Empire) (Pink Sheets: EEGC) announced on Tuesday, October 26th 2010 that Empire has completed its re-acquisition of Grand Monarch Holdings Incorporated.

Black Gold, you can say that this transaction wasn't completed, and I would agree, as there is no reference to it in any of the 13 8-Ks which EEGC has filed since its 10/26/10. BUT, as EEGC PR said that it WAS completed, the PR itself was therefore NOT True.

Pitts, hope that fits your view of logic.

While we are talking GMH, I noticed in the same PR that GMH apparently owned distribution rights for the patented (number unknown) flare gas technology: (emphasis added)

Grand Monarch commits its existing credit card and Sanitec Industries medical waste contracts and further acknowledges the transfer of rights for North, South and Central America for the patented flare gas technology it has recently acquired through negotiations

I am looking forward to the EEGC 10-K for 2010 to further understand what, in fact, EEGC bought from Mr. Bendall with its $21M worth of stock; I had originally thought it was flare gas technology distribution rights, but it could not have been if they were owned by GMH in October.

I tried to cross check via GMH SEC filings, but the Mr. David Villareal (familiar name!) company has not filed since August, 2010, and then just to say the June quarter filing would be late. So, can't document that in fact GMH owned the rights it said it had recently acquired and was transferring. But can document that GMH never filed an 8-K saying it had been acquired.

The good news is, from more recent reports, EEGC hasn't yet given up on the medical waste industry as a source of future growth.