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The way he is working so hard here for being non shareholder, I think he should be a management's close friend or employee? Who knows. Otherwise, why is he trying so hard to convince shareholders to vote Yes for RS. Very strange!
Even we lose all our investment after RS, he doesn't care because he doesn't have shares here and he won't lose anything.
I am not listening to anybody. I do listen to myself and No vote for me.
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My personal opinion only
This RS story is funny, imho. This company was silent for more than a year. They never updated shareholders in 2011 and now suddenly a plan for RS. What a stock! Anybody who is not familiar with RS, just look at BZC*. You will see the full picture.
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My personal opinion.
I agree.
He might be anybody. He might be the one who is close to this current management and is trying to BS shareholders to influence for Yes vote. We are not afraid of bankruptcy. Like I said before my 7K will be 50 dollars after RS. I don't need fifty bucks and I don't give those people chance by screwing myself.
This is a common sense. Buy my shares in open market and make this company trade-able, otherwise, No vote for me.
What did you say? He is not a shareholder and spending that much time here in the board to collect Yes votes? Why somebody other than shareholder spends that much time here unless he works for that failed management, IMHO. Interesting.
I don't think anything will happen here, IMHO. After RS, all will get burned like in other pinkies. Stories might be different, but all are same, IMHO.
Did you already forget UWR* RS? Where are we now.
Let them file bankruptcy. I will take that. I don't need $50 after losing my $7K here.
Do not give more chance to screw us, IMHO. No vote for RS. If you vote right now, they will do nothing, but dilute, IMHO because that is easy business than to run the company. If you don't vote, either they have to find other ways of raising money or file for bankruptcy, IMHO. I will take either of that.
Just my personal opinion.
I got it. Very odd though. Hopefully, it will go up next week.
Let's see.
Glta
They promoted and came down to 0.23 from 0.25? Very strange!
I don't know who you are, but you seems to know something about this company, imho, based on your posts so far. My question is, do you really know what's going on here or are yiu just speculating?
What you are saying is, this stock won't go up even after ticker change because of its debt? Can you explain in plain English. I am lost here.
Thanks
This is how you get almost wiped out. Lets say I have 10M shares. If they do massive RS, lets say 1:1000, my 10M shares will be 10,000. After RS, brokerage account takes time to issue new ticker (in this case EPGL again). By the time I can trade this stock in my trading account, shares price will most probably gets way below 0.05 level (for 1:1000 rs, pps should be 0.1). This is based on my past experience with other stocks. They will start diluting the heck out of this stock and in no time back to 1s.
When the pps gets around 0.05 after RS, if they have good business plan for the company, it might go up quickly - I agree. But, based on the past performance, it is very hard to believe. New management and new blood might be different though, IMHO.
Basically, we are not denying that this will go up and all shareholders will be rewarded after RS, but we are just nervous based on their performance so far, IMHO. In fact, we all want this stock to go very high.
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This is my personal opinion only, you might have your own opinion.
Looks like you know a lot about this deal. We need more info before I vote for RS. Hopefully, they will let us know. I just need to get my seven grand back and I am done.
Go Epgl
You and we all shareholders, IMHO. RS first and dilute the heck out of this stock to raise money, IMHO. Easy business.
They tried this same tactic in 2010, IMHO. Same medical device? I don't know. But, if they are serious, why can't they buy back shares at 1s and below? They want RS instead to wipe out shareholders. Some people are trying hard to sell RS thing in this board, but for me No Vote for RS. Everybody has different opinion though.
Glta.
Some people in penny land are delusioned by RS. They think RS is good and they get their money back. Reality is just opposite. If this was in Nasdaq, I understand. But, penny stocks. Repeat and rinse.
Some people are asking question, what are the other options. Let them buy 2.5B shares in the market. Just 250,000$.
RS example: Ppi* I had $1700 in this stock. RS happened recently. I have $10 now. I got to pay $10 brocker fee to get that $10. Basically, i got zero. What an investment! Some people are saying, oh my money is zero right now, I will get something after RS. I can't help them.
Glta. No vote for me for RS.
Can you add me. Hoe can i sign up?
No RS. No vote for RS. There is no justification for that unless somebody is a part of the failed mgmt. My seven grand already wiped out. Why should i give these failed people another chance to screw me, IMHO.
No reason. If there is any deal, go ahead and buy back shares in open market. All others are nothing, IMHO.
We will see many people routing for RS soon here. My opinion no vote for RS.
That's not anger. That's reality so far. That is why we are at no bid despite they pumped medical device thing in oct 2010.
I respect what they do, but they don't care about shareholders, IMHO. My opinion no vote for RS. Your opinion might be different. No problem.
Anyway my seven grand is gone. No vote for RS and no chance to fool me again. Sorry!
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My personal opinion
My position: no vote for RS no matter how good it looks. Common shareholders will be wiped out. We are already wiped out. Why go give them chance to screw new shareholders again, IMHO.
If there is any agreement between medical device company, let them buy back all shares from us in the open market. They can buy all 5B shares at $500,000 at current price. That is a peanut if they are talking about $3.5B medical industry.
But no, hey want do RS first why? It's obvious repeat and rinse, IMHO.
No vote for RS.
RS is never good for common shareholders. I got burned many times before. This is just a cheap tactic in penny world, IMHO.
If they have that great plan, they can start right now without restructuring, IMHO. All are excuses IMHO. I already have invested $7000 in this stock. My money is alteady gone. They tried the same on Oct 2010. They said they had medical device at that time too. Look at PRs back then.
I am not going to vote for RS no matter what happens.
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My personal opinion
Nobody should vote for RS, IMHO. They will repeat and rinse again and again, IMHO.
Let them work out with the existing structure or go to drain, IMHO. It's already at no bid. What can go wrong?
My 14 plus million shares at 0.0005 is gone, IMHO.
If we get some sort of business news today, that will act like a catalyst for this stock, IMHO. If they are smart, they should release news, IMHO.
$2? If we get ask slap like this week, we might hit $2 next week, IMHO. But, they must release something to support that pps, iMHO.
In yahoo finance, 1 yr target for AAAA is more than $22. Wow, was that there before? I never saw a pink stock with $22 target pps before.
I got in with a small position. Looks good. People are saying only 5.3M os.
If EA has private company valuation of $10M, with 5 times more in public offering, that will become $50M. If they have 5.3M only os, valuation would be $50M/5.3M= more than $9, imho. Hard to believe.
Even with $1M, that will be almost $2. Are you sure that they have only 5.3M os?
Help me here guys, I am more confused. I want to take some position here.
We got to forget the past and focus on present. Temn is done now until VP comes out with something, IMHO. But, we have this new ticker. We got to find out whether this deal is good. They can't make two similar mistake at the same time.
We can recoup our losses here, IMHO. But, we still got to dig out more here. It looks like they will move fast here. The good thing is, all the DD we already have for EA will be equally applicable here.
I dumped all but 400,000 shares with this.
Sorry guys got to move on. Burned many times before and this new one.
I will be looking at AAAA.
GLTA
I should have dumped yesterday at 3s. It is exactly following the path of another looser I got involved with last year- nwt*. Lost too much guys. So sad!
I just got to find a new ticker to recoup the losses.
I also learned that lesson. Now you got to pay about 40% tax on the profit you made on flipping. If you all invested back and lost, oh god that's not good.
I lost a big time here, but didn't flip any. Still waiting for miracle to happen.
I do have a respect for you and your input in the board BC. I am not talking about you and me. Its about the way they issued filing on us. That is bothering me. Stock goes up and down all the time. I am aware of the fact that pinkies are risky. But, they could have done better job, imho. That's all I have to say at this point.
Sorry BC, but everything is bs now on, IMHO. If they cared about shareholders, why did they release 8K filings in the first place just to screw shareholders? Remember, they never issued any PR before. They never warned us. We shareholders for these pinkies are toilet paper - even toilet paper does have some value.
They screwed just too many families here, that karma will return to them, imho.
They are not releasing all info to shareholders, IMHO. This is the downside of pink, I guess. I do have tons of questions here.
Now EA is gone from the picture. Does VP has anything to offer to us? Time will tell.
Regarding who bought 80M shares? That is a good question. I just hope that existing shareholders didn't buy it today, but some insiders bought. That will change the direction of this stock if that was true. But, somebody said that he bought 20M shares today at 4K.
It is very strange. We know who are selling, but who is buying all these shares? Huge blocks of shares were purchased.
Hoping for best.
I don't think they will drain 1B shares in the drain. They should have a plan. People will be selling crazy today and victory might be buying cheap shares, IMHO.
It looks like he posted before reading the filling?
I don't know.
Nobody knows here unless somebody can contact the management and find out, imho. Chances are people will be panicked and dump on low bid, IMHO.
This might be the tactic to scare the non cooperating people for DTCC lift?
I don't know the legal procedure, but all shareholders got screwed. I waited almost one year to get screwed and lost all my investment? I feel I am an idiot.
I understand, but this is their property. They could have fixed it. They just chose easier way out, IMHO. We got screwed.
Forget it. I lost total respect for EA.