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Uh it increases their equity percentage and puts them in a company that can file an IPO on Nasdaq or NYSE.
Is that why they are moving EPGL to InWith to give shareholders a better upside and more value than they have now? That’s seems to be pretty responsible to me.
Why would those guys care what share price is? That rally doesn’t really benefit them.
The funny thing...selling is as risky as holding. Lost opportunity could be something many shareholders miss out on.
They negotiate with InWith or sell their equity to other investors. Or
Just sell now.
No. Why would a VC want that in the proxy? I wouldn’t. I wouldn’t touch Inwith until EPGL was gone. Just my opinion.
You realize the cash isn’t coming form the shareholders right? The shareholders are getting equity. They aren’t transferring money. Shareholders can sell at any time.
Haha! Ya. Explain how they are taking shareholders money again? ??. They are retiring the stock. Explain that please.
Sell off doesn’t really matter. Shares matter. I am just guessing but I am sure they can’t tell everything. VC wouldn’t want their name associated with the new tech until the InWith name was in place and EPGL was no more.
Lots to consider here
They don’t keep the shareholders money. The stock is retired, delisted. There is no money that comes from that.
I disagree. EPGL has a murky history of being a travel company, a special needs magazine, NIR, etc.
It’s not that appealing for a VC firm to invest in something that doesn’t seem new and upcoming because of its Company roots and beginnings.
A brand new company, with brand new tech, and an IPO possibility is much more traditional and attractive to a well established VC firm.
I don’t think it’s coincidence. There is a reason this is happening this way. They have been in talks with VC for almost a year.
What if the VC money asked them to go private so then they would invest?
Haha. The sky is the limit. Don’t think we need even close to that much to be successful Inwith equity holders.
Haha. Love that! So true!
Yep! Should be a fun adventure. I see this as only a positive. Clean fresh Company lined with an series of Patents and tech.
This is what the hope was all those years ago. Step in the right direction.
Ha. Never sold a share. Never took profit. Still fun.
Obviously any investor that invest in pinks has a high appetite for risk. Almost a gambling mentality investing on this board. So it should be right up their alley. Winning and losing come with their own artificial high and low.
The play is still alive so keep playing or close it out. As Kenny Rogers said “you’ve got to know when to hold ‘em, know when to fold ‘em, know when to walk away, know when to run. You never count your money when your sitting at the table, they’ll be time enough for countin’ when the dealings done.” Wise words indeed. It’s all part of the investing game.
Yep. Will be fun to see what happens.
This is a pink. Do I need to explain this more? It’s a pink sheet stock. There are no Titans here. Just good, hard working, and talented individuals trying to do the amazing. It’s a startup. If titans are what people seek invest in blue chips.
First off I have. I have been here longer than most. I have read everything Hayes has written, listened to everything Hayes has said, and I have seen every single Tweet. I have always understood the risk this stock has and the chance it could go big or it could fail miserably.
My responsibility as an investor is to take responsibility to own my own decisions on investing. I have had chances to sell...I haven’t. I wanted to go for the ride even if the ride was a dead end and a catastrophic loss.
Funny thing is if people did actual research on the Optometrist they wouldn’t be mocking him. As with all of EPGL team members.
Please. Forward looking statements aren’t guarantees. Everyone knows this that invests. Especially those that invest in pinks!! Everyone had a chance to get out at a much higher pps if they wanted.
I don’t feel bad for people who are investing in pinks and are complaining about being lied to, when Hayes has been very transparent and communicated what he can. If people don’t like it they can sell. They blame their own lack of action on the company. If people aren’t happy then sell. Even Blue chip stocks aren’t a guarantee. Every company has positive looking statements hoping they deliver on their forecasting. That’s how it works. People who are mad should be investing in a much different type of investment than a pink.
This has risk, major risk, but also major upside. Usually that’s how it works. Time to get off the bus if people don’t like the destination chartered.
Even if they vote no they can get out. Or they can sell now and get out. Investments are always a risk. Look at crypto currencies. Those are hot but probably the worst investment risk I have ever seen. The question is it is worth the risk.
If people don’t want risk they should be buying bonds, cds, or parking their money in their savings account.
It’s more of a risk for Hayes to take it private than to leave it on the pinks. Obviously this is the only way for EPGL to advance, grow, develop and market their technology.
At least he is giving shareholders an option.
You don’t really have liquidity now. This stock has never had liquidity. So...this is really the only way for EPGL to move forward.
I honestly can’t believe this is how 2017 ended. Wow!
This is not what you expected. I think we all have seen enough to know it was just an update. Nothing more. This is an update to say they still have nothing concrete. No more patents, no news, no partnerships, no funding, no nothing. Just words. 2018 is now the hope.
2017 was a tough year for EPGL investors.
“Still working....”
We are in to 2018 for any deals. Nothing is happening in 2017 at this point.
Amen! EPGL is hanging tough.
Never said they were. EPGL isn’t an advertising company with web search capability.
Must not want the term “body hack” in the public eye for some reason.
Pretty simple call:
EPGL is partnering with companies for:
1: body hacks with mems
2: transhuman tech with mems
Inwith is huge for EPGL because it allows the development of all EPGL Technologies and paves the way for Nasdaq or NYSE down the road.
My take:
EPGL is years away for funding and development. There really is no evidence available until those two things actually happen. So conference calls, PR’s, and Tweets are going to be our fast food diet until we can get the feast.
Inwith going public will be about 5-10 years away. So this is a long, long play.
It has taken 5+ years to get where we are now and through all the agreements EPGL has signed with companies like Cooper, Hitachi, AT&T, J&J, and then all the talks they have had with Major Companies we have very little proof other than what EPGL tells us, because no other parties openly confirm to the public via PR these relationships and agreements exist. A few of us have confirmed with the companies there is a relationship but details are unknown.
We have patents that are very impressive and 3 that are granted in 5 years. With 6-12 more coming it sounds like. Those could be another 2-3 years away. So if that is the case and we can’t get funding until all the patents are in place we are still 2+ years out.
Hayes is trying to keep longs interested is my opinion. He knows he has great tech and an even greater opportunity. The problem is timing. Investors need something to happen soon, and the reality is something isn’t happening for a few more years.
Just like he said on the call...”I expect something to happen by end of year, but can’t guarantee it.”
Well that is kind of how things have worked all along. Expectations are set for much earlier time frames than what actually happens.
5-10 years of holding any stock is very rare. Even blue chips most people don’t hold that long unless they are employees or family members of employees. So in reality the challenge is going to be keeping investors interested and invested until actual verifiable events take place.
So the circle of EPGL will continue until the status quo changes. When that change takes place EPGL will be off to the races.
Until then....Tweet an announcement in 30 days.....PR with agreement (but no verification) and details and more news to come.....conference call describing more future opportunity and more details to come.....back to a new Tweet....and the circle completes its self.
Someday the circle will break and then we will begin to see EPGL really break out and start growing. Until then we are on the EPGL Titanic with all the potential in the world and nothing to fear.......can anyone see any icebergs ahead? Hope not...because that may be the only thing that can stop us from reaching EPGL’s promised land.
That’s why I bought the ticket. Wanted to experience the ride and the promised voyage and location. The question is will we arrive at our final destination. Let’s hope so. The Captain is willing and capable, the technology is incredible but unproven. It’s going to be one heck of a ride.
Why do you think he deleted the tweet about the conference call and “body hack”?
So if they don’t get the next 1-2 patents no funding? Is that what you are saying? All or nothing type deal?
Real circuitry in a lens showing defined spaces.
It’s has been prototyped there is an actual picture of it on EPGL’s site.
Yep sorry auto correct. I will fix it.
The real issue is the uncertainty of if EPGL can be successful. That’s what no one knows...not even Michael Hayes. They are all working to make EPGL successful. That is the lure of the investment...the “what if?” What if they pull it off and do actually develop smart contact lenses. That’s why I am invested. The vision of the prize. Not the guarantee. There is no such thing.
All the other issues are just moot points, because if they can pull this off all the other issues will take care of themselves. That’s how I see it.
It’s pretty easy based on past announcements. It should be around Dec 15 -31. Hopefully it will be a VC announcement.
That’s the dream right? I don’t think any one invested in a penny stock for 6% gains year over year. That’s the blue chips. The reason we invest in penny stocks is for the Home run. That’s what the dream, hope, and expectation is for EPGL.
All IPO’s are pipe dreams until they happen.
Seems like quite a few do based on the volume today.