Australian (ASX) Stock Market Forum

EGO - Empire Oil & Gas

Re: EGO - Empire Oil

The lawyers of EGO has caused a shutdown of the EGO thread over on HC.
This is a gross misuse of power and a insult to freedom of speech in this democracy.
 
Re: EGO - Empire Oil

Topstocks has similarly closed its EGO thread due to legal threats.
I guess Ozstockforums is next.
 
Re: EGO - Empire Oil

I can not see that CM adn the board are doing themselves any favours. The latest Ann on 20/8/12 is a bit hard to swallow. After all the uproar now they move the date of the SSP back a month.....just in time for the EGM. Then we will see how the cookies crumbles.
 
Re: EGO - Empire Oil

coobator,
Just painting themselves as bullies imo:mad:
Suing a poster on a internet forum.:confused:
Sending out a "big stick' letter.:eek:
Not a good look for a company and smacks of panic:mad:.
 
Re: EGO - Empire Oil

coobator,
Just painting themselves as bullies imo:mad:
Suing a poster on a internet forum.:confused:
Sending out a "big stick' letter.:eek:
Not a good look for a company and smacks of panic:mad:.

Saturdays West Australian interesting article about legal action, whats happening to this stock.
 
Re: EGO - Empire Oil

I can not see that CM adn the board are doing themselves any favours. The latest Ann on 20/8/12 is a bit hard to swallow. After all the uproar now they move the date of the SSP back a month.....just in time for the EGM. Then we will see how the cookies crumbles.

Yes it is all very strange, read SPP large quantity 30%, further dilution, certainly there to effect 249, just have to wait and see how it all plays out. Just can't wait for all this drama to go away. I think this stock has got a lot of problems and the market isn't warming to it either. With all the recent announcements, they seem focused on other things than getting on with achieving production, cost blowouts and all the other bad news from JV's What next!. What a painful ride this has been.
 
Re: EGO - Empire Oil

stocky,
Yes, if only they had concentrated 100% on Red Gull 3 years ago this would all have all been avoided.
It will be a lawyers picnic imo, but hopefully the right outcome will be achieved.
 
Re: EGO - Empire Oil

Todays ann.
Seems that the legal bullying of shareholders has made 197 jump ship.:mad:
A great shame and amazing that these previous complainers have now decided that its ok for their investment to erode even further.:confused:
I doubt wether ANY of the 197 are in profit and most would be holding HUGE losses.
:eek:
 
Re: EGO - Empire Oil

Todays ann.
Seems that the legal bullying of shareholders has made 197 jump ship.:mad:
A great shame and amazing that these previous complainers have now decided that its ok for their investment to erode even further.:confused:
I doubt wether ANY of the 197 are in profit and most would be holding HUGE losses.
:eek:

Just read www.empireoil-changenow.com website very interesting graphs, seems things are heating up, also read posts on facebook
EGO (empire oil) WTF, there sole supporter thinks Eddie doesn't have the numbers to do 249. Very interesting, I got told they have the numbers, well I think it is going to get messy. Interesting to see how many shares the SPP will be added to the register, more dilution, consolidation must be on the cards at some stage. What a messy ride with all this legal threats and further dilution, any updates regarding building plant, looks like Jan/Feb next year. What a mess imo
 
Re: EGO - Empire Oil

From todays ann.
1. Empire today received (via its solicitors) a further bundle of requisitions on behalf of Mr Eddie Smith. The number of requisitions was 37 who hold collectively about 6% of the issued capital of Empire.
2. Empire notes that the number of requisitioning shareholders supporting Mr Smith has decreased from 359 to 37..

A further 37 added but only 37 left??:confused::confused:
Hmmm are they very poor at arithmetic or misleading holders.
I am shocked if that many punters have left.:eek:
Bring on the EGM and lets get this thing resolved and get producing!!:D
...............
If you are going to tell porkies you have to have a good memory.
 
Re: EGO - Empire Oil

The Dump was always going to happen. I am waiting to see how low it will go then i will buy some more .
With all the permits that EGO have and the drills planned . The price should recover :)
 
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