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Is dangling a carrot really accurate. They just received a patent allowance. That seems like Hayes was correct to me. May just be he is visionary and understands what his company is worth. He has been trying to tell people for years.
Big time news!!!
Yahoo!!! Just saw the news. This is a historical day!!!
It doesn't do anything of the sort. In end we will see who had the better strategy. You or me.
Either way that is a part of complete valuation and market saturation.
I showed plenty to stock barber.
On technology developments and valuations of that technology.
Let's see how the patent apps play out before we decide it is overpriced. I think they are actually underpriced.
Buyout is the only way. That could very well happen.
Well....it's possible. It would be a very long term strategy. Let's do some math.
Outstanding Shares: 5 Billion
Days in a year excluding weekends: 252
Average Daily Volume: 225,600
Current Share Price: .026
Max Shares Allowed to be sold per 3 month period: 1,666,666.66
Max Shares Allowed to be sold per 1 month: 555,555.55
5,000,000,000 / 555,555 per month = 9000 months
9000/ 12 months per year = 750 years
So in reality Michael Hayes & PWC should have all their money back by the year 2766. Should be a great year for both!!!! Talk about patience.
https://www.sec.gov/investor/pubs/rule144.htm
Rule 144: Selling Restricted and Control Securities
When you acquire restricted securities or hold control securities, you must find an exemption from the SEC's registration requirements to sell them in a public marketplace. Rule 144 allows public resale of restricted and control securities if a number of conditions are met. This overview tells you what you need to know about selling your restricted or control securities. It also describes how to have a restrictive legend removed.
What Are Restricted and Control Securities?
Restricted securities are securities acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer. Investors typically receive restricted securities through private placement offerings, Regulation D offerings, employee stock benefit plans, as compensation for professional services, or in exchange for providing "seed money" or start-up capital to the company. Rule 144(a)(3) identifies what sales produce restricted securities.
Control securities are those held by an affiliate of the issuing company. An affiliate is a person, such as an executive officer, a director or large shareholder, in a relationship of control with the issuer. Control means the power to direct the management and policies of the company in question, whether through the ownership of voting securities, by contract, or otherwise. If you buy securities from a controlling person or "affiliate," you take restricted securities, even if they were not restricted in the affiliate's hands.
If you acquire restrictive securities, you almost always will receive a certificate stamped with a "restrictive" legend. The legend indicates that the securities may not be resold in the marketplace unless they are registered with the SEC or are exempt from the registration requirements. Certificates for control securities usually are not stamped with a legend.
What Are the Conditions of Rule 144?
If you want to sell your restricted or control securities to the public, you can meet the applicable conditions set forth in Rule 144. The rule is not the exclusive means for selling restricted or control securities, but provides a "safe harbor" exemption to sellers. The rule's five conditions are summarized below:
Additional securities purchased from the issuer do not affect the holding period of previously purchased securities of the same class. If you purchased restricted securities from another non-affiliate, you can tack on that non-affiliate's holding period to your holding period. For gifts made by an affiliate, the holding period begins when the affiliate acquired the securities and not on the date of the gift. In the case of a stock option, including employee stock options, the holding period begins on the date the option is exercised and not the date it is granted.
Holding Period. Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. If the company that issued the securities is a “reporting company” in that it is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months. If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But the resale of an affiliate's shares as control securities is subject to the other conditions of the rule.
Current Public Information. There must be adequate current information about the issuing company publicly available before the sale can be made. For reporting companies, this generally means that the companies have complied with the periodic reporting requirements of the Securities Exchange Act of 1934. For non-reporting companies, this means that certain company information, including information regarding the nature of its business, the identity of its officers and directors, and its financial statements, is publicly available.
Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing of a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.
Ordinary Brokerage Transactions. If you are an affiliate, the sales must be handled in all respects as routine trading transactions, and brokers may not receive more than a normal commission. Neither the seller nor the broker can solicit orders to buy the securities.
Filing a Notice of Proposed Sale With the SEC. If you are an affiliate, you must file a notice with the SEC on Form 144 if the sale involves more than 5,000 shares or the aggregate dollar amount is greater than $50,000 in any three-month period.
How's it a lie when we have proof he is actually working with the patent office. Seems like that is pretty honest to me.
Yep thanks for clarifying.
Literally he has been saying that the patent office is allowing their resubmitted patent for years? That is news to me.
New Tweet!
EP Global Comm. Inc.
29m29 minutes ago
EP Global Comm. Inc. ?@EPGLMed
$EPGL News Alert: In a very positive development today, the USPTO has agreed to accept the proposed amendment being filed today. Now
EP Global Comm. Inc.
24m24 minutes ago
EP Global Comm. Inc. ?@EPGLMed
formal allowance by USPTO is the next step. A PR will announce that if and when we get it. Stay tuned. Just the first one!
Well when I registered I had to put in an email address. So if they verify the email address isn't real then they probably would realize they have a fake person registered. How childish if people wrote in fake people. Seriously that is pathetic.
Well I am sure it is very evident which are fake so they obviously wouldn't count those.
First off it is not a convention. It is a conference. Huge difference. Secondly it is for one night in one of their conference rooms.
Wrong. When they were with COO their technology was not their own. Now it is. That is a big deal.
Hard to believe when this has been claimed for 4 years and EPGL is better off than they have ever been.
Another post about how EPGL is falling off a cliff. Haha. These posts are hilarious. 4 years and still EPGL hasn't fallen to triple zeros. Nor will it ever. Too many investors that have a long term outlook.
At this point how can it be claimed that anyone has complete blind faith in EPGL? They have patent applications filed on their own and with Coopervision. Their technology is detailed out in the patent applications. This isn't some kind of joke. This is real stuff with real technology. They have lens technology they have posted on their website, etc.
Its not a matter of if....if it is a matter of when. That is why I am fine waiting.
They still own the rights to it. So where they are ready they will probably sell it or do something with it.
Not according to their patent applications. Pretty sweet technology in there.
EPGL's day will come when everything they have said will pan out. May take a few years for the full effect to take place but that day will come. They are are on the verge of redefining communication and interactivity with technology. It's going to be a fun shift in how we live daily.
Hayes explained many times why the MPDD was put to the side. The opportunity for smart contact lenses was too good. They had the tech and had to enter the development process immediately. The MPDD is a great product and has value, but the same value an opportunity that smart contacts do.
The product is still used in offices today and used successfully.
Hayes doesn't lie. He is visionary and trying to help investors understand what they have today in shares and and investment for when the technology is realized and complete and worth much more than today.
That's fine if people are mad...just think how mad they will be when Hayes turns out to be right and they couldn't wait that long. The day is coming. The wait will be worth it.
If they are bought out they won't need to dump their shares. If they are not bought out their shares will never hit the market.
Still stand by that statement. In some cases that is very accurate. In the case of the MPDD is that is correct. Things have changed now. MPDD is no longer a business plan for EPGL.
A pump is different than pr for his company. A pump is an intentional means to push up the pps to liquidate shares. That is its sole purpose. Public Relations and investor relations are long term strategies to build brand and develop a positive image and relationship with shareholders and clients.
Confusing the two is very dangerous. What Hayes is doing is building a company and communicating. He has never pumped the stock. Never. He has never sold shares never. Those two points alone disqualify this as a pump. So it is simply a PR AND IR strategy for EPGL. It is a great strategy to encourage investors that still have a long wait ahead of them.
Please. Read the patent applications. Comparing the MPDD to the Smart Lens Technology and inventions is pretty weak. It's anything but a joke. If Hayes was trying to pump this stock he would. The EPGL team is legit and they have been at this for 4 years. Scams, pumps, and stocks that are a joke don't last longer than a few months.
There has been plenty of liquidity for Hayes to sell massive amounts of shares over the last 4 years if he wanted to. He hasn't. Hayes is leading EPGL well. Patience is the key here.
No it's not a attempt to group them together. It is reality showing that they are both dealing with similar issues developing this new technology. Period.
Wrong. They are all working on similar tech. Being objective about the realities of this tech is important. It is new, groundbreaking, and will be very disruptive to the current technology. Time to realize that EPGL is on the leading edge of a new paradigm shift in technology.
Proof? Because you said that 4 years ago that they would have already liquidated.
Yep very well said. Vegas will be fun!
Patents alone will bring a small bump in pps and investor confidence. Yet the real value is in the technology and if it can be developed for actual market release. That is why it will take so long.
EPGL is at the point it will either be a huge success or it will fail. So...time is the only factor now. Take a chance and wait for a home run or take a chance and wait for a strike out? That is the question we all face. I don't consider EPGL a startup. They have been in business for 4 years. I have been in the stock for 7. We all have our limits on time. If patents don't start coming through then everyone will be reevaluating their investment strategy. Simple as that.
Put them up for sale. Guaranteed someone will buy them.
In the last 3 years they are still leading these companies even though google Novartis and others have been trying their hardest to put this technology together. So I don't agree with your assessment. Those companies will need EPGL's tech.
Ya it will happen just not for a few more years. We are on the ground floor of a paradigm shift in technology. It's exciting but we have to be patient.
Many reasons. They are working so hard on incredible technology and everyone claims their a fake. They know what they have and they are trying to protect and stand up for their work and reputation.