Replies to post #5394 on Empire Energy Corporation Intl. (fka EEGC)

[ThePennyGuru]

You have to look at it 2 ways- The chinese financiers screwed EEGC trying to get a better deal. If the rig has cost 1.8 million sitting, we are 2.1 million to the good as the chinese financiers defualted so we owe them zero dollars out of the 3.9 million. So the way I look at it we are 2.1 million to the good.