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To: wlcnyc who wrote (111699)3/26/2004 8:32:51 AM
From: blind-geezer  Respond to of 208838
 
dude, how come my message are double posted ???



To: wlcnyc who wrote (111699)3/26/2004 8:33:29 AM
From: blind-geezer  Respond to of 208838
 
dude, how come my message are double posted ???



To: wlcnyc who wrote (111699)3/26/2004 9:00:21 AM
From: nolimitz  Respond to of 208838
 
I got your 2nd pm ??



To: wlcnyc who wrote (111699)3/26/2004 10:00:49 AM
From: Findit  Read Replies (3) | Respond to of 208838
 
EAG S3 out. Dilution from warrant exercising. Won't help short term, but I still like it long term.

'This prospectus relates to the offer and sale of shares of our common stock by the selling stockholders listed on page 8. Of the 15,952,438 shares of common stock being registered for resale hereby, 13,702,438 shares have been issued upon conversion of approximately $4,195,053 principal amount of debt with conversion prices between $0.16 and $0.75, 2,000,000 shares were issued upon partial settlement of litigation, and 250,000 shares are issuable upon exercise of stock purchase warrants at exercise prices between $0.26 and $2.00.

The prices at which the selling stockholders may sell these shares will be determined by the prevailing market price for shares of our common stock or in negotiated transactions. We will not receive any proceeds from the resale of common stock by the selling stockholders, although we will receive gross proceeds in an amount up to $187,000 from the exercise of the stock purchase warrants, the resale of the underlying common stock of which is being registered hereby. We will bear the cost relating to the registration of the resale of the common stock offered by this prospectus.

Of the shares being registered for resale, 1,000,000 shares were issued in settlement of litigation between us and Kaufman Bros., L.P. Kaufman Bros. is a broker-dealer registered with the SEC and the National Association of Securities Dealers, Inc. As a result, Kaufman Bros. is an underwriter within the meaning of the Securities Act of 1933 with respect to its shares of common stock being registered in this prospectus."

Our common stock is quoted on the American Stock Exchange under the symbol "EAG." On March 18, 2004, the last sales price of our common stock as reported on the American Stock Exchange was $1.33.

You should read this prospectus in its entirety and carefully consider the risk factors beginning on page 3 of this prospectus and the financial data and related notes incorporated by reference before deciding to invest in the shares.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.'