factual and current updates of emp

I am finding it difficult to keep track of important info uploaded over various threads, hence summarised most of them here. I will try to be as unbiased as I can possibly be by stating FACTS. Anyone and everyone, please feel free to fact check any of the points you want to challenge, happy to be corrected. For some points I can't see much relevance to the current situation, but will still include here for dissection as some people believe it is important.

FACTS:

- EMP was previously known as OBL, went through a name change

- OBL has experienced court cases in the past

- Judith has been significantly progressed in the past 2 years by Carl/Nigel/Phillip ("add value" to EMP, Post #: 36870391)

- Judith is all primed and ready for a JV/sale (Post #: 36583473)

- Judith is 1.5 km away from ExxonMobil's Kipper (Post #: 36145347)

- Plenty of infrastructure already in place in the Gippsland Basin (https://www.exxonmobil.com.au/en-au/community/local-outreach/esso-community-news/new-gas-fields-kicking-goals?parentId=5d196572-0a60-4ffe-ac31-77069061f657) (https://www.exxonmobil.com.au/en-au/community/local-outreach/esso-community-news/back-in-the-hunt-for-gippsland-gas?parentId=5d196572-0a60-4ffe-ac31-77069061f657)

- Severe gas shortage expected on the east coast for the next 20 years (https://www.copyright link/news/special-reports/afr-focus-energy/no-easy-solution-for-gas-crisis-set-to-grip-east-coast-for-next-20-years-20181004-h168bs)

- Carl has been approached by 3 companies already regarding Judith (hard to verify, but everything else Carl told me has been true so far, Post #: 36883019)

- SP/MC is very cheap and minimum downside risk (trading between 0.2 - 0.4 cents for over a year)

- Current hostile situation with management where Vaz + 3 have hijacked the board (Carl still a director) (Post #: 36938770)

- Overwhelming majority shareholder support for Carl (Post #: 36934049)

- Carl called for a meeting to expel Vaz and Justyn, but was subsequently cancelled by Shaw and Arian (newly appointed directors by Vaz) (Post #: 36938007)

- The Corporations Act 2001 gives power to shareholders to makes changes to the board and call meetings through sections 249D, 249E, 249F, 249G (https://www.legislation.gov.au/Details/C2013C00605) = majority shareholder vote determines the outcome

- Minimal cash in bank for EMP (some opinions: Post #: 36947404, Post #: 37026137)

I think this summarises the current situation for EMP; might help investors with their research (please like or share the post to spread the good news if you agree with the facts above). Once the leadership is cleaned up, a big hurdle is removed for clear skies ahead. 

*Bonus: recent communications with Carl (Post #: 36883019, Post #: 36975357, Post #: 36939613, Post #: 36934049)