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I still have all my shares as well.
Had a death in the family recently so I have not been paying much attention here lately.
If you have followed the posts on their IR Twitter page there is stuff going on, however it still relates to updated financials, future grants and things of that nature.
I would imagine that based on those comments we see something in the way of news before the end of the current quarter. We shall see.
If you haven't been following, here is the link. https://twitter.com/SensortecnicsIR
True Dat.
Yeah, LOL last trade for 400 shares for a whopping $28.80 if no commission.
Just need news. Come on management EGYF/Sensortecnics needs some additive substance. At least the 'shell risk' label removed would provide a truer market than the current 'unsolicited orders only' status.
I can wait, however would be much more fun to get going pronto. Still long and strong.
Interesting first 50minutes today. High .165 and buys .12, .13 and .136. Then the 100share stuff. Currently .1475. Now 46,000 shares purchased.
Again pushing up of price from buying even though low volume.
Now 1hour in and 94,000 shares traded with price now .15.
48,667 shares purchased at .15 now. Very interesting trading.
Closed at .135. .12 starting to look more solid, however low volume.
I expect to see this type of trading to continue until news starts to flow. Just my WAG.
Hope everyone is doing well. Thought this was interesting. The Great Monetary Reset
Buyers keep nibbling anything they can get. Will be great when we get 'shell risk' removed and the MM unsolicited trade requirement with it. Taking longer than imagined, but IMO will be worth the wait. We shall see.
Gotta be in it to win it. Not for the faint of heart or inexperienced here. Need to dig deep on the DD.
Green Trades.
Be back next week, but just took a quick look from my phone to catch up.
Post away. That is what discussions boards are far as long as civil and based on something worth discussing and IMO without beating a drum over and over.
Hopefully, I would want readers to increase the depth of their DD and be informed enough to draw their own conclusions on whether EGYF is a good fit for them.
Green Wishes to you and all.
Just a heads up. I will be on a trip for next 10 days. Posting will be from a phone, if I do post. Likely very sparse. Absence does not mean I am drifting away or becoming negative toward EGYF. It will just mean I am busy having fun.
May the future here be Bright Green.
Yes, disappointed these agencies EGYF is working with are not geared for efficiency. That said, it seems both paths are still open and it appears to be a matter of continuing to respond to requests for additional supporting information until they are satisfied.
As an optimist I remain optimistic that eventually FINRA and OTCM will be satisfied.
FINRA is for the name and symbol change and OTCM is handling the 'shell risk' removal. Is that tomorrow, next week, next month? Cannot answer that as it is not totally within EGYF's control.
IMO, the potential of the IP products is worth waiting for. Others may have differing opinions and that is their right.
I continue to be long and holding.
Best wishes for Green Trades to all.
Yes, I did see that.
Yep, when one does their dd in these OTC's patience is most often required. This is barely coming up on 1 year vs years 8-10. Taking longer than I thought for EGYF to rid itself of the shell warts, but I believe we are very close now. The need for MZ to validate and correct so many previous years of shell history after he acquired EGYF was a bit of a surprise to me. However I am happy to be here. I will do some trading around my core but still looking for this to be a long horizon winner as well.
I am always looking for disruptive and innovative technologies and the IP potential here fits my style. Ground floor brings lower prices, but more patience and usually more issues to work through.
Green Trades to you and all here.
This is what is currently in the hands of OTCMarkets to which the company is waiting. Pay particular attention to the section entitled "Termination of shell status" as you read the 'whole' document.
Interesting how some pick and choose info they post. This can lead to erroneous conclusions. I encourage those invested in EGYF or considering investing to read ALL the available public information in order to have a more accurate understanding than just what is posted on message boards. Do your own Due Diligence. Verify and validate.
https://www.otcmarkets.com/otcapi/company/financial-report/336486/content
Best Wishes to All.
Agreed there is a defined process for each. That said, there is not a defined time frame for agencies to give final approval. All that can be done is to apply, answer questions and wait until the next set of questions come or the final approval is received.
Could be much more difficult process IMO, when there has been a previous name change years ago and the old record history needs to be verified. It can become tedious and time consuming.
The IRS has defined processes. Yet, it can sometimes take years to clear up something and they will still lien property, levy additional penalties and interest or attach bank accounts and then go oops everything is ok and as you said.
Personally, I will reserve judgement, even though I am also frustrated with how long this is taking.
PS: it is also why I don't invest more in lotto plays than I am willing to walk away from if the worst case scenario plays out. So far, I am in it to win it still.
The Regs change certainly made a difference IMO. Given the content statements made on their Twitter IR site there are two holdups. FINRA for the name and symbol change and OTCM for complete removal of shell risk label.
Frustrating for all for sure. A little comfort for now is that there are buyers trying every price point possible and continuing to gather shares. There has been no obvious rush to the exits. TIK TOK. Every hour, day is one closer to resolution of the two factors above holding up news flow.
All IMO only.
Here is what last 6months of money flow looks like.
Don't forget Monday is a market holiday. (Today is weird for markets because is triple witching options expiration day) That means, if no information updates get posted in next hour and a half then next opportunities at OTCM and FINRA are not until Tuesday or later next week.
Have a great weekend everyone.
Green Wishes in all your trading.
Here is one persons opinion. Mine. I think many are currently so absorbed with price and fear emotion response they may have stopped looking under the hood. Very interesting to me how a look at the money picture since the first of the year shows something very different than just price.
Seems that it is strong hands that continue sweeping up whatever cheap shares become available. Kind of a contrarian statement being made to price followers.
All JIMO.
Wish Everyone a Green Future here.
Looking very positive for shell removal.
Ignore the link in blue and use the link in purple.
After clicking on link. https://www.otcmarkets.com/stock/EGYF/overview You can scroll down to filings and disclosures and click on the June 10th link to verify that OTMarkets has received the attorney opinion letter. I will be checking OTCMarkets everyday now for shell removal. This is huge for broker/dealer quotations and unrestricted trading.
Also will be checking Finra and news sites for name and symbol change, which could be any time as well.
All of these months of work and back and forth with the respective agencies should be a green light to begin the news flow all longs have been anticipating.
All IMO and I am not a company affiliated individual or financial advisor of any sort or have I ever been. Do your own due diligence and if you invest do so according to your own verifications of information and your own investment principles.
TIK TOK, just waiting on the shell label removal at OTMarkets and Finra for symbol and name change.
Update from EGYF twitter IR for week of June 6-10th.
Live link: https://twitter.com/SensortecnicsIR
LOL, not a single comment about OTCMarkets having received both filings needed to remove the 'shell label'?
This is what everything has been waiting on IMO. Good news is that OTCM now has answers to all their supplemental questions. Possible this could be finalized once and for all within next 10days or so IMO.
Lifting 'shell' label would open up many positives.
Frees broker dealers to go back to normal order flow instead of unsolicited orders only.
Would open up trading to international traders. Of specific importance to UK and India investors who are well aware of MZ and his innovative abilities and patents in the nano-sensor area.
Would likely be a more receptive environment for price appreciation from PR's. Including achieving better price stability.
Allows the opportunity to focus on the future instead of concern for present or past issues.
Just a few of the benefits soon to become viable IMO.
Shell label removal will allow a bright future to shine much more clearly
Yeah, hard to watch right now. Been through this plenty of times in other stocks so not new nor does it shake me. The current pace of execution is certainly disappointing. For better or worse, I still have my eye on the future. Shell label removal, when it comes, should put all this in the rear view mirror. I don't expect substantive PR News until that happens. All IMO only.
I have no credentials, qualifications or basis for anyone to buy or sell or make any financial decisions based on my opinions or postings.
Wish everyone well and green trading.
Latest update from IR.
Live link. https://twitter.com/SensortecnicsIR
Annual report has been filed as recorded at OTCMarkets. Now to see if OTCM considers this sufficient to prove EGYF is now operating as a business. Watching for them to remove the shell status label.
https://www.otcmarkets.com/otcapi/company/financial-report/335391/content
Check here for company items in motion.
https://twitter.com/SensortecnicsIR/status/1531261314403909634