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Bullboard - Stock Discussion Forum Empire Petroleum Corp EP

Empire Petroleum Corporation is an independent energy company that is engaged in optimizing developed production. The Company operates through its subsidiaries, including Empire New Mexico LLC, doing business as Green Tree New Mexico, Empire North Dakota LLC, Empire Texas LLC, and Empire Louisiana LLC. It is an independent operator in four geographic areas of the United States. It manages and... see more

NYSEAM:EP - Post Discussion

Empire Petroleum Corp > What happens when the EMPR selling begins?
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Post by KingOfSpades on Feb 08, 2022 2:26pm

What happens when the EMPR selling begins?

EMPR will obviously contemplate an uplisting to a major exchange. It will have to do a large reverse stock split as it will then be hit with huge selling. After an uplisting all restricted shares and warrants become free trading. And employees will be bailing out. After all this stock should not be worth more than 75 cents 

And this will kill the phony performance of Energy Evolution Fund as well. Watch out below once that fund has to start selling. Add to that that this is a secretive Cayman Islands fund with minimal regulation for funds in this jurisdiction
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