Nelly Shishkova

Far East Energy Corp. (OTC:FEEC) On the Way Down, Despite News Released

by Nelly Shishkova July 22, 2011

Far_East_logo.pngAt the same time, the team may need to seek the approval by the Chinese authorities for its key transactions. Thus, there can be no guarantee of future capital acquisition.

Management of Far East concludes that the funds available to them should be sufficient for their planned expenditures until near the end of the fourth quarter of this year. However, despite this fact, they believe that FEEC will continue to be successful in securing any funds necessary to continue as a going concern.

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