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They can adjust at any time. Make an assessment of the situation and then go a different direction if they want. Just like any of us can with our businesses or jobs. If I want to quit today I can or if I tell my boss I not going to quit, and then all the sudden my wife hits the jackpot and I may decide to go tell him I am quitting.
I didn't lie....I just adjusted to the situation. EPGL hit the jackpot with it's technology and as such they can do whatever they like with their shares. I am just happy to be along for the ride.
Exactly they are restricted shares that will never hit the market can't be traded on the open market. It is laughable how much worry this has caused when they have no impact on the stock price. It is crazy.
99% go 90% of the way.... but its only 1% that goes 100% of the way. I choose to be the 1%.
They didn't lie. They made adjustments as all business do. Things change and so do strategies. The word lie means to intentionally deceive and trick. They made a good faith effort to lower the share count only to have things change where they realized that was no longer needed and insignificant.
They have been upfront all long and disclosed everything along the way. If they were lying they wouldn't be tweeting or telling anyone about what they did. Instead they keep us updated the whole time.
Hayes is a fighter. I love that about him. His tenacity has benefited all us shareholders you included.
It has been 3 years since they started working with Coopervision. EPGL is real and so is their tech. If it wasn't this stock, and company would have fallen apart years ago. The reason everything is still moving along is because it is legit.
Since Hayes took over that is what the stock is up. That is his pedigree. I put my trust in Hayes.
This is too funny....when Hayes agreed to retire the shares people were upset because they said it was insignificant and wouldn't make a difference. Now...it is unimaginable that they haven't retired the shares yet...and oh my.....the impact this will have on the share price.
This is too funny. Seriously 50 million shares out of 5 billion. that is like a whole 1%. Wow!!!!!!!!!!!!! While that is a lot of money that has very little impact on any of us shareholders. It was a measure of goodwill from Michael and PWC. It is a ton of money to them, but very little to us shareholders as far as what it means to us, since those shares will never hit the retail market.
Here is the Key: Disruptive technology that will alter current economic markets, and even create brand new economies for a product that has not existed before. This is the game changer. This is what we are all waiting for. Let's keep our focus on what really matters and forget all the noise in the background.
The time is near.
Uh...happens all the time with every CEO. Not a huge deal. All I care about is that he is getting deals done and advancing their tech. That is what he is doing.
Listen...all CEO's have the right to protect their product, jobs and their good name.
He is stuck in a tough place. Has amazing products that he can't show anyone yet and due to non-disclosure agreements can't say much about them. He has been very patient. When he is getting mocked, made fun of, and called a lair daily by some people he reserves the right to say what he wants.
In about 2-3 months no one will care what Hayes said or did on Twitter because their shares will be worth so much more. Those that are bailing will wish they didn't. It's almost here.
He didn't discredit himself. Please. Hayes has been rock solid.
The funny thing is despite all the efforts to discredit Hayes he is going to shortly prove to be every bit correct about what he has been saying about Smart Contacts and Mems. People laugh and mock now, but it's just due to their ignorance and lack of trust. Soon trust or belief in Hayes won't matter nor will timing.
So mock away because in the end Hayes will come out looking pretty prophetic and incredible for what he and Markus have out together.
Yep. we are very close to things really taking off.
Michael Hayes is going to make your shares very valuable so just chill out.
Seriously? What do you think is in a smart contact lens? Probably and Intel chip. Intel deal is as alive as the Coopervision one is.
Just stop. This is ridiculous. Investors that have been so critical of him need to apologize to him. What genus doing for EPGL investors is in most cases going to make you very wealthy. So sit back and enjoy the ride and get off Michael and David Markus back.
Oh please. The man is in the process of developing of of the great technologies of the 21st century and he has non-shareholders going after him personally and his company day after day. He is a great man. I have talked to him on the phone a few times over the past 6 years and he is the real deal. He is genuine and he has never lied or misrepresented. David Markus is also the real deal and the tech is very real.
I am not going to let people talk bad about these two men especially when they are doing so much to to help their own shareholders and the world with the tech they have developed and are getting ready to release.
I don't think the MPDD failed. It does what it is intended to do. EPGL had s huge opportunity with Mems and Coopervision. They took it and ran. Kudos to EPGL for being willing to put their focus behind the Mems and smart contact lenses. I for one am ecstatic that they did that.
I couldn't get on. First call I have ever missed. Frustrating.
I couldn't get on. Said conference is locked.
The funny thing is Dr. Markus is proving to be prophetic. Technology is advancing very quickly around the world. Many of the things he talked about are being developed right now.
To think it is crazy talk is being very myopic and deliberately failing to recognize what is going on currently with technological advances worldwide.
Obviously trying to use character assassination to discredit Dr. Markus isn't working. He is in the process of developing tech that will change eye care forever. That is pretty impressive if you ask me.
Makes plenty of sense. Google announced on their blog Jan of 2014 they are working on glucose monitoring contact lens. EPGL announced June 19, 2013 they had a new Mems contact lens device.
EPGL has always been ahead.
Exactly. The thing I love is the application dates, etc...all match to EPGL's tweets and communication with Shareholders stating that they filed patents. And what I love even more is that they are in David Markus and Michael Hayes names. This is good stuff.
You have to admit. Those patent applications are pretty impressive.
Seems to me even from the beginning Google said they needed partners and help. That is my opinion why they reached out to EPGL.
https://googleblog.blogspot.com/2014/01/introducing-our-smart-contact-lens.html?m=1
"We’re now testing a smart contact lens that’s built to measure glucose levels in tears using a tiny wireless chip and miniaturized glucose sensor that are embedded between two layers of soft contact lens material. We’re testing prototypes that can generate a reading once per second. We’re also investigating the potential for this to serve as an early warning for the wearer, so we’re exploring integrating tiny LED lights that could light up to indicate that glucose levels have crossed above or below certain thresholds. It’s still early days for this technology, but we’ve completed multiple clinical research studies which are helping to refine our prototype. We hope this could someday lead to a new way for people with diabetes to manage their disease.
We’re in discussions with the FDA, but there’s still a lot more work to do to turn this technology into a system that people can use. We’re not going to do this alone: we plan to look for partners who are experts in bringing products like this to market. These partners will use our technology for a smart contact lens and develop apps that would make the measurements available to the wearer and their doctor. We’ve always said that we’d seek out projects that seem a bit speculative or strange, and at a time when the International Diabetes Federation (PDF) is declaring that the world is “losing the battle” against diabetes, we thought this project was worth a shot."
Yes it will stay the same if the licensing agreements or patents haven't come through yet. I think the only way EPGL uplists is if there is no realistic buyout opportunity.
Patents are great and a huge part of the process. Yet every time one is filed we are two years out on hearing anything about the patent again.
We need a licensing agreement or word that a patent was approved or a joint PR. We have had none of those so far and when we get one things should change pretty quickly for EPGL.
I think everyone realizes that we are stuck in a waiting game until that time. Waiting is not fun sometimes but will be worth it I believe.
Sounds like they are in a hurry but stuck without the proper tech. They need EPGL and Coopervision to move forward.
That is essentially what I am saying. Thanks for saying it in a more clear and concise manner.
Honestly no one knows. I thought it would be done by now. Maybe there is no urgency for COO, which who knows why that would be.
It was only .0007 for a couple minutes. It shot back up above .001 pretty quickly.
Haha!! Yep EPIC!!
Haha. For sure!
End of the world some say. Haha.
I think we are all here. Not much to say...just in a holding pattern. We keep hearing anyday something could happen so we are just waiting. Have been here for 6 years. Be nice to get something in 2015.
Love it!!
Good thing EPGL's value isn't based on just patents. They have relationships and developmental agreements and soon licensing agreements. Which makes them worth much more.
Exactly. Can't fake that!!!
Wow!! That is incredible tech. Nice find. Let the fun and games begin. This is going to revolutionize eye care and vision forever.
Yep. News would be really nice.