Replies to post #7403 on Empire Energy Corporation Intl. (fka EEGC)

[EarnestDD]

Financing Watch.
Malcolm announced his $50 Million Line of Credit on June 12/09.

25 days later ... No news and NO money.
jmo

[puravida19]

The PR said that Malcolm guaranteed to buy up any remaining shares in the .07 cent offering, thereby guaranteeing the offerings success.

Problem is the share price is nowhere around .07 cents. Therefore can't do share offering. Therefore can't get financing.

Malcolm hoped to get the share price up by announcing the guarantee. It was brilliant, and almost worked, with the price hitting .05 cents. Problem was too many long-timers wanted out, and too many shares on the market. I lost a third of my investment before I got out.

Has anybody called Hunt to confirm that they haven't been paid in six months, like they told me last month? You can't believe everything you read, you should find out from the horse's mouth. Do your DD. Telephone rates have come down in the last 20 years, you know.

Even if they were paid, what's the chance they drill before the Tasmania spring, in say, September?

Price of oil is dropping, too. Market could be tanking. S&P just hit 888. What do they say? You should buy when everyone is selling? Is that right?

Just consider this another point of view. GLTA.

[jellicorse]

If the financing comes before Sept. 30th we will be in good shape and if it comes after Sept. 30th, hopefully Malcolm has some good property in mind.

[cary10032000]

Howard, is Malcolm returning to Tas this week?

[mdfyinvestor]

Howard, I have always given u respect! So, it would be nice if u return the same. I have a significant number of shares too.. and have bought majority of my my shares at a much higher price so .. it does pain me that the stock is around 2 cents!!! I am not going to sell because of your kind and sage advice. But at the same time, I feel that the management is responsible to the shareholders and one should keep asking every few weeks if it looks like that the investment is at risk. I think I am not doing any harm if I ask for a status.

Also, maybe not all people in the management have paid for all the shares they have with their hard earned money. In my case, I paid for every share and have held them for a very long time and now want to reap some reward!

My request to you is don't try to suppress everyone's post as bitching! It does not seem professional.

I too have a lot to lose if Mr. Bendall fails and cannot afford to sell at this ridiculous share price.

GLTA!!