Can't it be BOTH A and B?
Me thinks so. For every seller there will be a buyer. It's a matter of whose disciplined strategy is stronger.
Maybe $EPGL will get a little more pep in their step now AND OR be a little more transparent about WTF is really going on. People don't work for free--especially former DARPA scientists and rock star Law firms.
They can't pay the bills with the occasional dismissive tweets.
How are they being paid Mr. Lying CEO Hayes??? Yesterday you dodged the DILUTION QUESTION by tweeting "some traders on forums talk the stock down to buy it lower" but didn't deny the point that some formerly restricted shares are entering the market???
Careful now, Mr. Hayes, because your response on Social Media or wherever in public will be captured and saved for future reference in a court of law if you are misleading us shareholders.
Since you like to read I-Hub apparently, here are some suggestions for you and that unprofessional, smart ass IR that you insist on retaining. These are not in any order of priority but this would be the optimized order IMO.
1)Ungag the TA or get one that isn't gagged. Shareholders need to know the damn ground truth about our share structure. Period. Only trash, scam ridden pink sheets selling shares out the back of their cars have gagged TAs. Is that what this company is??
2)Get the Law Firm and PwC spokesmen to actually confirm publicly that M&A activity is occurring PRESENTLY....not in the past or in the future!!! NOW!
3)Lay out some realistic timetable for the company going forward....hell get the lawyers to draft it so it is compliant with forward looking verbiage etc... Cause silence is KICKING OUR ASS. Amazon lost money for years but shareholders held on because they were informed about when to reasonably expect profitable operations.
4)Promise and deliver on some revenue producing agreement immediately that is confirmed and acknowledged publicly by the OTHER PARTIES involved. Not some smoke and mirror, nebulous, unclear agreement---one with actual income numbers and projections as well for $EPGL and partner--not the industry as a whole. CEOs of Blue Chips do this all the time---they are called EPS estimates.
Do any of these things or make dismissive, snarky 140 character responses and watch $EPGL's stock PPS swirl around and down the toilet bowl. But maybe that is what you want to force holders out before the announced "negotiations" with InWith. Raise $500 million but only have to spend $100 million to buy out what stockholders are left.
All IMO but I've been down this road many, many times with liars, thieves and cheating CEOs who really are only out to line their pockets as well as their insider friends.
Be different.
DD22
Stock Trading...ha ha...Child's Play.
AI
