If you are ever in trouble, Paul Batista is the lawyer I want on my side. He has the image of a small country lawyer but in reality he is a dynamite legal eagle. The first step was to over turn a request for a summary judgement by SmartWinn. proving SmartWinn wasn't that smart. The next step is the pre trial meeting December 4th. Pre trial means a trial date is going to be set. This the Judge could try the case without a jury or go for the jury. In every court meeting Paul Batista has come out ahead. The basic facts are that SmartWinn reneged on a contract by failing to provide the final payment. EEGC is suing for the tidy sum of $3 billion dollars. This could be even greater then that if the court awards punitive damages. The question is How does EEGC collect such an award? There are ways. The two companies that own the SmartWinn shell are responsible for the debt incurred and their assets are at risk. As we close in on the December 4th pre trial date I expect the EEGC stock price continue to rise. Its a bit of a risk, but I would pick up some shares for the potential of a huge reward with little or no down side risk. Shareholders enjoy the moment, victory is at hand.
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