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EPTI - L2 is real thin. Looking at

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Mr. Bill Member Profile
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Mr. Bill Member Level  Thursday, 01/29/09 01:55:57 PM
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EPTI - L2 is real thin. Looking at filings this appears to be a shell and on Mar 2008 had an OS of 7M or so. This after a conversion of preferred shares to common and a conversion of debt to common shares at more than $1 per share. NITE is the MM to watch. Looks like the old vsurance business is now obsolete given pink sheets "formerly vsurance" comment and the filings saying YES for shell.

Looks like a pretty small float as many shares are held by insiders due to the conversion of debt and preferred shares.

Had a 80-1 RS on 8/14/2007 and a 1000-1 RS on 2/19/2008.

On 2/2/07 pink sheets showed a float of 20.5M -

given the two RS that would now be 256 shares LOL

So either some dilution ongoing or else NITE trading based on the pinksheets 40M common and 37M float statistics which seem to be out of date.



Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.
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