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SeaOhToo

09/10/12 8:21 PM

#20 RE: ErnieBilco #19

3 years ago, shareholders approved a 6 for 1 "share consolidation". They recently approve or re-affirmed the same. Management stated they do not plan to immediately act on it.

I have reposted it here for you to read:

September 4, 2012 - Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) today announced the results of its 2012 Annual General Meeting of Shareholders held on August 31, 2012 in Vancouver, British Columbia. All matters submitted to the Shareholders for their consideration were passed. At the meeting, Shareholders re-elected current Directors: Barry D. Lasker, Rodney L. Eson, L. Edward Parker, John P. Dorrier and G. Wade Stubblefield to the Board. The shareholders also re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as the auditors of the Company, authorized and approved the implementation by the Company's Board of Directors, in its discretion, of a consolidation of all of the Company's issued and fully paid common shares on a ratio to be determined by the Board of Directors but, in any event, not to exceed six (6) pre-consolidation shares for one (1) post-consolidation share and approved the Company's 2012 Stock Option Plan.