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Gold/Mining/Energy : EFCR - Energy Producers, Inc. (Firecreek)

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To: Harold S. who wrote (596)2/15/2006 11:04:31 PM
From: rrufff  Read Replies (1) of 841
 
They have nothing yet. No oil.

You can't even figure out the fully diluted shares.

OK - now let's assume you are correct and they start getting wells online. How do you pay for production?

Yup - more shares.

Let's see, do you need $500,000 to get things going? Given the dumping, I doubt the share price will be .01, but even at .02 is another 25 million shares that will have to be dumped. Right?

Who is going to buy these shares given the history.

These posts are all my opinion and based on the filings, but I just dont' see how the business plan works given the current corporate structure.

Sorry.
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