Things might get a bit interesting from this point forward following the most recent corporate developments. Now that ECGI has regained marketing rights to NowCardio in all countries/markets, Canadian regulatory application/approval should have a more positive direct impact on the company/stock.
The financing this past week was done at significant premiums to the current price ($1M at 10 cents and $375K at 15 cents, with 25-cent warrants). Also very interesting to note that it appears these latest warrant packages do not have any cashless exercise provisions in the agreement. All things considered, this looks like a pretty favorable development for current ECGI shareholders.
Based on yesterday's press release, it appears that ECGI has hired a new public relations firm (Dian Griesel International). So there will likely be an increased level of media awareness of the company at some point.
Also, reference to the BreastCare DTS product was removed from the ECGI website a couple of weeks ago. It will be interesting to see if this is any indication that some completion/resolution of the dispute between ECGI and Life Medical has been reached.
Recent ECGI News
- ECGI Holdings, Inc. Announces Continued Efforts in Financial Optimization • InvestorsHub NewsWire • 03/13/2024 12:00:00 PM
- Balance Sheet Cleanup and Restructuring Send Shares of this Luxury Fashion and Viticulture Holding Company Soaring • AllPennyStocks.com • 02/22/2024 06:00:00 PM
- ECGI Holdings, Inc. Announces Financial Restructuring and Balance Sheet Cleanup • InvestorsHub NewsWire • 02/22/2024 01:00:00 PM
- ECGI's 2024 Letter to Shareholders: New Leadership, A New Vision, and the Extraordinary Opportunity in Targeted Luxury Goods • InvestorsHub NewsWire • 01/16/2024 01:30:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM