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Backing out means there was an agreement. Smh. Go EPGL.
Lol! Go EPGL.
There will be one day. That's pretty exciting to think about.
Thank you! This is correct.
They were paid by EPGL not a non-affiliate. Hey would have to disclose who they were paid by.
Yes it is if I was selling today I would be concerned. But holding long terms so I don't care.
Have you read the Sec rules on restricted shares? It's doesn't matter if it's a pink. Still applies.
They have to. It's SEC Rules.
No it's reality.
It's totally true.
They really paid $0. Restricted shares = $0 for one year.
No that's why it's one year.
Once they receive them. So immediately based on their disclaimer. 1 year.
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.
https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html
Because that's the rule according to the SEC. Pretty straight forward.
If they are truly restricted the volume isn't stockvest.
Because restricted shares have a 1 term and legend placed on them. Then after the year period they have to get the legend removed and can only sell a certain % of shares per month. They can't just unload their shares as fast as they want. 20 million will take almost a year to sell.
EPGL has said they won't sell shares into the market. So...that is probably not the case.
I don't think they can sell their shares for at least a year.
Maybe but with a pending buyout from Inwith they have that also to give them major incentive.
Maybe or maybe the scope of work they are being asked to perform is worthy of the hefty price. I agree it is an absurd amount of money, but I am trusting that it is being spent wisely.
Obviously...there is a reason for the awareness campaign. EPGL is seeking a buyout either from InWith or another company. Increasing awareness and creating a market for your tech is a huge priority for them. $600k is a ton so it must mean good things.
Why do they need revenue? That's not their business model. Never has been.
Not in this situation.
The depth and detail of each patent is incredible and very telling as to what type of technology EPGL has. That is evidence enough. Big things ahead.
No I said the patents alone are enough to ignore the ramblings about Michael Hayes.
Sure did. I am sure of my investment here.
Yep. There is no answer for the patents and their tech.
The patents alone pretty much cause me to ignore every comment against Michael Hayes and Epgl. The history of when the patents were filed is exactly on time with the tweets of when he said they were filed.
This is going to be pretty fun seeing it all play out when the funding is secured.
Like I said Hayes has no reason to keep Noah on the site if he wants to be removed. So he must want to still be there.
I see no proof that he isn't. Only proof he is.
PWC hadn't sold shares neither has Hayes from what we have been told. So...that's the facts.
Noah can post here and share that with everyone if he wants to. He used to post here years ago. Pretty simple.
They still interact. They receive updates and communications on patent updates. They are filed together. Of course they are working on those together.
Uh...are you watching the patent updates? Their names are both on it and they are being updated and progressing through the patent process. No?
Uh...where does it show he is not?
Did he leave the company? I don't see where he said he left.
He is still on their site. If didn't want to be part of that he could asked to be removed.
He is still part of the company he just isn't involved with the contact lenses and working on the smart contacts and that's their focus. Makes sense to me that when they start getting into other body technologies Noah will most likely be actively involved again if he wants to be. Did they have a falling out? It's the same with the other doctors. Right now 100% of the focus is smart contacts.
They still have filed patents with EPGL. So they are still involved in filing IP together.