It's obvious that people are trying to scare new investors with the price drops. On such low volume this thing tumbles from a high of .04 to .03?? And on less than 300k shares in comparison to the amount of shares bought the same day?? That is so silly...Bottom line is this, it's on the stinky pinky...Having it be on the stinky pinky makes any type of fundamentals hard to gain traction. With less than 50k someone could make this stock look ugly, keeping it sub .03 for a little bit. Even if it wants to run, were gonna need hundreds of thousands of dollars pumped into this stock for their to be any significant increase in PPS.
Also, I gotta tell you this...EPGL is a shot in the dark at this point. WHY? Well let's break it all down right now...
I don't care who you are, but we all know there is no denying EPGL has great potential...But here's the catch we are all concerned about.... Which is basically wether or not the big companies will be willing to buy them out in the long term. Why you may ask? Because monopolies like Apple, Google, Intel, Novartis, at&t, Johnson and Johnson, etc are very stingy companies. They will without a shadow of a doubt avoid buying out EPGL if it saves them a few bucks.
Look, we know these guys (not all) have their own resources, their own team of scientists that are also proactive within this field of study. EPGL aren't the only players on the market, nor is google. If any of these companies find out a cheaper alternative than to buying out EPGL. You best believe EPGL will be kicked to the curb, essentially becoming nonexistent. So, sure EPGL has patents pending, and already patented. However, the reality of the situation should not be so narrow minded to assume that EPGL will be the end all say all within the developmental technology regarding augmented reality in contact lenses.
Long story short, sit back, relax...Wait a few years for this field of technology to develop more and more. Then we will see if EPGL has the key components for making this type of vision come true..
