EGPI Firecreek Inc (EFIR)

[nit2win]

I'll be happy to take a crack at a logical explanation to your question:

Although EFIR and MNVN are partners in certain oil and gas deals and happen to share the same CEO there are still several differences between the two companies. Some I can be specific about others we will all have to wait until Mondial either discloses certain things through press releases or they come out in their 3rd quarter and year end financials.

First, let me preface eveything with the fact that Mondial as of 08/01/12 (the oil & gas company) IS NOT the same company as Mondial of 6/30/12 (the apparel company). There was an acquisition that involved a complete change of management, share structure, assets, etc. This is why you cannot judge the company's financial health by their last 10Q filing for the 2nd quarter since that reflects the old company not the new one. The thing I cannot be certain of is exactly what their current financial statements looks like or what the company currently holds in assets.

Also, they have a completely different share structure today than 6/30/12. At that time, they had 100 million shares outstanding while they currently only have 59,670,000 (after the issuance of 14 million shares to EFIR). One would should also assume that they have a relatively small float as well.

So when you compare a company that has 3.6 billion shares outstanding with a large float to one that has 59.67 million shares outstanding with a small float, it is easy to see why there is a significant difference in the share prices.

However, the question is.... which one would be a better buy?

Mondial at .39 cents would have to move to .78 cents for a 100% return. While EGPI only needs to move one tick of .0001 to offer the same percentage return.

In my estimation, this is probably why you see the differences between the two companies.