ERL 0.00% 0.3¢ empire resources limited

Ann: Pennys Find Gold Mine - Lakewood Milling Results to Date, page-17

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  1. 5,305 Posts.
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    There were some contributions - $120,000 -from Brimstone before Blue Cap lent money (to pay themselves to mine). ( originally was to be a tad more than 30% interest on their $7.5 million over seven months . ) ...the quarterlies just show minus figures and Empire covering Blue Cap repayments on behalf of Brimstone .
    Other financials in relatively recent past :
    There was the $250,000 loan from the online media company “top stocks” at 17% interest - now paid back..and Empire MD, Sargeant lent $185,000 too ..at bond interest rates. That is paid back too.
    I think the recent announcement may speak of the first payment to Brimstone.

    I am curious as to whether their debt is still collecting 18% interest
    Also I got suspicious about the “overwhelming demand” for the 96 million shares in the most recent Cap Raising.
    What’s the chances the shares went to members of the Dissident Pro Brimstone Team?
    Cheers
 
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