News Focus
News Focus
icon url

BobSinCA

12/03/10 7:44 PM

#19308 RE: R4M0N #19307

Well, absent any news of real financing, the clock ticks on the lease, and hence one can't expect a rising stock price other than on a rumor. The overall price trend has been down because there have been continual announcements of pending finance which have to date not materialized.

Some have hoped that GMH would provide some level of revenue to the company, but there is no SEC filing that EEGC has in fact acquired GMH (and at what price).

Further, there is no SEC filing to support EEGC's claims that GMH has an affinity credit card business and flare gas technology; GMH's most recent filings say simply that it is a shell, available for a reverse acquisition.