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oilsleuth

09/12/10 10:16 PM

#17971 RE: Acc441 #17953

It may be that any serious financial irregularities could occur in Empire Energy rather than GSLM so that a Liquidator would not be in a position to discover and investigate them.

The now notorious $50 million line of credit was claimed in an Empire PR without any reference being made to GSLM.

All the same a forensic examination of GSLM's affairs could be quite revealing. There would be some sort of money trail to follow through.