Wednesday, April 23, 2014 12:57:54 PM
*A majority of shareholders voted and approved a 1 for 4000 split.
*The company stated that a share exchange would be at a later date.
*Through my correspondence with FINRA's Office of the Ombudsman, it was confirmed that what the company filed is to be trusted as correct and in effect unless rescinded by EGPI Firecreek. FINRA was very specific in thier assertion after reviewing the EGPI's SEC filings that an 8-K/A or 8-K would be required if this material event needed correction or cancellation.
*Through my correspondence with the new Transfer Agent(prior to gagging) There was some issue happening with the prior TA which was holding up the move of records. Later I learned that the old TA and others had sold their accounts receivable to IBC funds who in turn sued Dennis's company for recovery of the bad debts. IBC was awarded a settlemet and judgement less than a month ago which is to be paid in unrestricted common stock for the most part.
*EGPI must be current with its fees and filings with the State of Nevada before the company can make ammendments to it's structure. This is another hold-up.
So once the mess is cleaned up, the already announced share exchange can begin. Until then you will trade pre-split shares and wait for the company to initiate the share exchange though its new transfer agent. I am sure the company is working diligently to make this happen for the benefit of shareholders; as they have said.
Dennis or Joe,
If I got any of this wrong... Please email me though your published email address and I will be glad to correct it here.
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