Replies to post #35230 on Empire Energy Corporation Intl. (fka EEGC)

[Drunken Sailor]

Finished only 5% up ie 0.01p but that is not a true reflection of the real mid price, but then again the previous mid price was an even worse reflection. 108M traded, with some extremely large sells in there.

My guess - and it is only a guess until confirmed or not by RNS, is that it was a TB originated Pump and Dump to enable him and some mates to sell their holdings. Tim's investment company Hill Street Investments, which holds 10% of TOG having put less than $100k into the Smart Win case (EEGC claim to have pumped $64M+ into GSLM and they get 45% LOL), is on the rocks very badly - it has massive current liabilities and its investments have lost even more value since the accounts were done, making it totally worthless. Tim therefore has to sell whatever he can. He is no longer a part of the other 2 major HSI dogs (fancy setting up an investment company that only invests in your own failures LOL) - Pathfinder and RAM so there is nothing he can do to pump them (in the case of RAM, his ego is still so bruised at having been unceremoniously KICKED OUT, he seems to be doing his best to destroy their share price!).

EEGC is broke (could not pay Wedgewood and even got cut off by their ISP for non payment a few weeks ago), Alpha Prospects is broke, HSI is broke, TXO is broke, so the whole TOG JV, which is still facing loads of legal and receiver bills, is broke.

The Smart Win case has been exposed for the farce it always was and, as it was reliant on TOG funding, it is about to run out of money to pay the worlds greatest ego (yep Tim comes second to Paul B in that competition, closely followed by Malc).

I hope this answers your question:

What's going on with TXO? 94.5 million shares traded and up almost 7%

I will of course bring you any updates as they happen