Replies to post #4033 on Empire Energy Corporation Intl. (fka EEGC)

[Doc Metz]

Are you saying that Geo shares are selling at $9.00? Where did you get that information. If my shares were worth one tenth of what some analyst has estimated their value to be, I would ba a millionaire.

[goingUPagain]

good point, mr. guru. i also know that ipo has a form requirement from the sec. so, news of that will "float around" before the ipo actually happens./ i believe cnn had an internet article about finding out what co's are going to do an ipo.

[gman55]

Not to put a damper on that but the only thing that matters is cash in the bank. That's what Hunt is wanting and not something unverifiable such as somebodys opinion of their worth.

No offence but so far this "merger" is just paper shuffling until I hear from EEGC that there is actual cash money to start drilling.

As far as the Hunt think goes, I don't think it was an oversight as much as a calculated move countered by the newspaper article. If EEGC has cash to pay a bill (or portion thereof), and money to lease and refurbish Bronte Park Highland Village, then they should be able to muster up enough to at least start the drilling. (my humble opinion only) If they would have just started, PPS might have been increased enough to for folks to exercise the rights offering. (again, my humble opinion)

.....nuff sed :-)

[MHAAGEN]

I haven't read about the 100 million shares, maybe I missed this. Calculation seems in order, but remember : the new lease-demand has yet to be approved. Still : your 9 dollar figure seems to correspond with the IPO range Howard talked about : 5 to 10 dollars. Encouraging, thank you !