OTCQB:EMHTF - Post by User
Comment by
Stoogeon Sep 16, 2014 10:28am
206 Views
Post# 22939729
RE:Now What?
RE:Now What?
You never had an "investment". You speculated ... and almost all f it has gone forever.
Many name changes ago, many consolidations ago this company had a huge debt because of a law suit alleging some conduct by a director. The suit was settled and the debt settled by issuing 214 million shares about one cent each.
I do not know to this day who got the shares or where they went. SEDAR filings did not reveal anyone holding 10% of the shares.
Over the years the company hyped potential projects in distant lands that always got delayed and never materialized. Meanwhile large blocks of shares were sold anonymously into the promos.
My best guess is that the 214 million shares went offshore and were fed back into the market and that the holder has now offloaded them and has no more reason to keep Emperor active.
An investigation of that issue would be in order.