Replies to post #14570 on Empire Energy Corporation Intl. (fka EEGC)

[captschippy]

yes Team player, You are wrong! I am not a director of the company. However, I do hold a substancial block of shares, as I am sure there are many other regular investors out there who also hold the same if not more. Trust me here, many of us exercised our rights to the fullest on eegc. It was a no brainer. And until the company releases the final tally on the number of shares purchased under the r/o, there is no way any tabulation,or feasable senario these armchair commanders are claiming to be true, could possably mean a thing! Howard Halftel is absolutly correct telling everyone to be patient, wait for official word from the company, and above all, remember, the nay sayers are still out there in force and will say or do just about anything to get you to part with your shares in order to make a fast buck at your expence! Hope this helps to clear up any misunderstandings....

[BobSinCA]

It was my understanding from my offering materials (through Charles Schwab) that only those who took up all of their eligibility in the first round, would be eligible to participate in the second round.

And, at the time of INITIAL exercise, rights holders were asked that if they had fully subscribed, how many shares they were willing to subscribe in the second round, which could be more than they initially subscribed (note: this process can be quite muddy for those with shares in multiple accounts, which would make it difficult for the company).

Does someone believe otherwise? In reading other posts, people seem to think that shareholders (perhaps only initial subscribers)will get another communication about their interest in round two, in which case this post is irrelevant (and hopefully, someone on this board will advise when they get that communication).

But, if my reading was correct, then no amount of publicity at this point will impact the overall success of the offering, it would be a mere matter of arithmetic.

And following, in exercising their allotments, Malcolm and the other Directors said they would be willing to take 100M shares (or whatever the right number is) in the second round...

'Fairness' -- and timeliness! -- is served by a pro-rata distribution of shares to those willing to take them in round two, not by some 'third' (and currently undocumented) round after round two is over, at which point there might in fact be more information available. That would be the height of unfairness, so I doubt it would be allowed to happen.