News Focus
News Focus
Followers 412
Posts 24229
Boards Moderated 1
Alias Born 11/24/2012

Re: $treet Trader post# 261646

Tuesday, 08/13/2013 10:37:22 AM

Tuesday, August 13, 2013 10:37:22 AM

Post# of 386976
hedge fund owns 14% of EGOC @.0006/share.

On 27 September 2012, Energy 1 Corporation issued 167,000,000 restricted shares of its Commonstock to TCA Global Credit Master Fund, LP (“TCA” or “TCA Fund”) as and in lieu of an investment banking service charge of US$100,000 in connection with a $3MM Senior Secured Credit Facility established by and between TCA and the Company, whereby funds would be made available to Energy 1 Corporation by TCA on an as-needed basis, with the initial draw set at US$600,000




$100,000/167,000,000 shares = $.0006/share

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today