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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 > Phil Mulacek controls Empire Petroleum with family holdings
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Post by KingOfSpades on Mar 10, 2022 10:17am

Phil Mulacek controls Empire Petroleum with family holdings

So Phil Mulacek has 17.72% of Empire Petroleum, PIE (controlled by Phil) has 2.28%, Sterling Mulacek (Phil’s son) has 1.77% and Energy Evolution Fund (managed by Sterling) has 26.73%. This all adds up to 48.5%


Add in nephews Alain and Marc and cousin Gerard Jacquin and Christian Vinson and sister Michelle (see selling shareholder statement) and you are way above 50%. Phil controls this company which is just what he did with Kina Petroleum before it lost 90%


Following this uplist everyone’s warrants are exercisable and now they are heading for the exits….watch the price dump

 
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