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Energulf Resources Inc. ENGFF

Energulf Resources Inc is an oil and gas exploration company. Along with its subsidiaries, the company acquires and develops oil and gas projects in the Gulf of Mexico in Africa and Albania. The company's assets are located in Canada, Namibia, Albania and the Democratic Republic of Congo. Majority of the revenue is derived from the properties in Canada.


GREY:ENGFF - Post by User

Bullboard Posts
Comment by Columbus1494on Dec 19, 2012 5:06pm
125 Views
Post# 20752606

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: AGM on

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: AGM on

I interprete that line that we will see a pp,public offering or some kind of investment in Energulf within the next three months and that Maxim group after that intends to seek compensation.As no deal has been done yet they only expect compensation for now.Other companies in that list have final deals made and Maxim group is   intending to seek compensation from them.

"Maxim Group expects to receive or intends to seek compensation for investment banking services"

Other companies in that list compensated Maxim Group with shares or warrants for example.If thats how Energulf will compensate Maxim their cash position would not be affected. 

Bullboard Posts