I hear negotiations between Sparta and Egyptian electric company are at a standstill. About $350,000 delinquent on electric bill. Will electric be there for the whole week?
If I were the Financial adviser for Egyptian Electric, I would disconnect Electric Immeaditly, to keep my job Integrity, and keep our Corp. Solvent GB..............................DLS
Why would the electric company want to negotiate after the fact? Seems to me that any valid negotiation with the electric provider would have taken place prior to contracting with them for service. WL
Checked out the electric bill myself with an easy to do online request form at : http://www.dnr.illinois.gov/FOIA/Pages/IllinoisDepartmentofNaturalResourcesFOIARequestForPublicRecords.aspx Check it out to confirm its authenticity yourself like I did. Here's what they sent me by email. In fact, I just sent in another request for the June 2016 WSRC electric bill. I'll post it when it arrives if anyone is interested. As for negotiations . . . . I haven't heard a word about any of that. HB
Ha Ha looks like a standstill to me. The bill keeps getting higher. Nothing being paid. Hey John.....every forum needs an idiot. Great to have volunteers. Ha Ha Ha Ha
My post wasn't to snub John. It was merely to state that the WSRC invoices are real and that anyone can submit a FOIA Request to the Illinois government for these documents in only minutes. I confirmed their authenticity for myself because as was already pointed out . . . . I want the facts . . . . I'm not a big fan of rumor and fiction. I wouldn't call it a standstill. A standstill is no movement. The delinquent payment $ figure and electric usage at the WSRC continues to move in an ascending direction. HB
Personally, If I were a stock holder in EEEC there would be major problems not to mention services would of been eliminated at the facility a long time ago ... The State obviously feels they are above the law when it comes to paying bills on time or even eventually so it seems ... They quit sending out renewal forms for registrations on cars but the real estate tax bills are right on time, with considerable increases applied ... The bills from EEEC are real and have been confirmed by Kenny Ray's request and their response to him ... WPT ... (YAC) ...
WPT, Somehow I doubt that the stock holders are even aware of this huge bill hanging over the head of the World Shooting Complex. I often have wondered what other electric providers throughout Illinois who have IDNR bills in arrears have done to collect (If anything). This cannot be the only State Park with delinquent electric bills.
I have stock in a few select company's and I monitor them almost on a daily basis, I cannot imagine most of the stock holders in EEEC would not be aware of the company's operation especially once it gets to this point ... This would be exceptionally bad business practices on be half of the Company and the stock holders ... There have been times I do not open the Quarterly reports only because I do not want to know but that does not happen very often ... This will be interesting to see how this turns out and who is held accountable for the bill being paid being as the State of Illinois does not even acknowledge its existence ... WPT ... (YAC) ...
Most things in life are negotiable, and I would almost bet that the bill will be reduced or relegated to some form of payment plan. Since utilities are regulated by the State, caution may prevail. We shall see. Regards....Gerald