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Interesting. If they don't know who or what; then why would they throw out a r/s scare? Like I said. I will go with facts released at this point.
Thanks for the into maze
Very possible. Just hoping for the best here, but expecting worst case scenario.
Well if they did that. If you had 1million shares then you would only have 100, but the price of the stock would be $1.00/ share. Then it would usually start downward from there, but could possibly go up also (rare but it can happen).
Happy 4th too all.
Just to clarify. I am not doubting that they did respond with that information too you and others. When I addressed the rumors of a reverse split and asked for factual information they did not substanciate it as fact. That doesn't mean it isn't in the making; it just means they wouldn't back it as a fact at this point. Not sure how many people are respond too the emails or who they might be. Could be that some are more loose lipped than others if there is more than 1 responder, or it could be that someone might think that it will happen and let it slip where a other might not. It's a toss up at this point. I am just going with facts for the next 30 days or so. Good luck too you and all invested.
My opinion was not that he was welcoming it. It is what it is, but if it happens it would give a possible out for some with smaller losses. That is what I got from his post.
Still not sure why ir would release rumors when they can't release facts. Not really understanding why they would do that.
When I said very possible I meant if it starts too tank and you just keep riding it until your shares are worth very little if it hits rock bottom. With a r/s you will have less shares, but the value of each share is worth more. Ex: if you have 10000 shares @ .0001 and they do a 100:1 split; you would have 100 shares @ .01 afterward. Then it can go down or possibly go up after that. You do not lose everything like some are saying right off the bat. If it drops afterward and you ride too the bottom; then you lose a lot.
Mine was also from and Android phone. I didn't get that part in there.
According to my response I would definitely say 30 there. The typo is actually a good thing in my opinion. It means that they are taking time to give an actual reply to each of us; even if it is pretty much the same reply, but it shows it is not a "copy/paste" reply. I take that as a good thing at this point.
Very possible but even though not very often the stock price can climb higher too. If they are actual scammers then we will get raped. If they are legit then that could set the stage for more interest from investors who would not play in penny land. Time will tell. It is just a waiting game now. I have been playing this stock with mostly market money that incidentally was made from this stock. Not real worried at this moment. We should find out in 30 days or so. Good luck too us all.
When did you get a response?
My guess is reins as in what can be released and what cannot.
I think everyone is just on pins and needles at the moment, and aren't thinking things like that through before freaking out. Lol
EEGI@mail.com
I emailed at 9:10pm yesterday
They responded at 4:46pm today
I emailed them late yesterday with this...
Dear sir,
I am interested in finding out more facts about the future of my investment in EEGI stock. There are rumors circulating of a possible reverse split. I am absolutely aware that after a reverse split a stock can move in an upward or downward direction. I am more concerned with the possibility of a downward movement because of I believe that one early response from ir stated that good things were coming for those who have been patient. I am one who has been very patient and respect that everyone has been working hard too make good things happen. I am really most interested in any factual information that you could enlighten me with about my investment choice in EEGI, and any information would be greatly appreciated.
Thank you in advance for any factual information that you can afford me at this time. I am looking very forward too more investment in EEGI if EEGI is moving in a positive financial upturn in the very near future.
The response....
Hoping within next 30 days news and rings can be released by new Management
Based on their response I would say there is no factual information that they can release until the new management releases it. If they can't give factual information then I don't know why they could release any rumors either. Not saying they didn't, but for the next 30 days or so; I am only going with facts that are released. Hope this helps others, and is not intended to discredit any other replies.
Ok. Let's say that they do a reverse split of 100:1. If you have 10000 shares @ $.01/share. You would then have 100 shares @1/ share. Unless it tanks that same minute or hour... How are you any worse off than you were? You keep talking but you make no sense. It would give a chance too sell how is it so bad; unless it really tanks rapidly before you can sell? Explain your stance please. You just seem too babble the same things. What if the stock price climbs? You wouldn't lose... You would gain.
Even if a reverse split is inevitable... It could still go either way. Yes. I know. Most of the time it goes south from there, but there is still a possibility that I can go up. I have seen it before even though it is. It isn't necessarily the end of the world yet.
Awesome! Love that ost!
Here is a "dumb" question. Why would Irene or anyone else for that matter want too associate their names, or list them at any type of position with any stock or company; just too set themselves up too be charged with fraud or running a scam??? Would you do that too yourself? I sure as h*ll wouldn't! Why would they answer emails (good or bad) or do any kind of work just too be charged? If I was setting myself up as a fall guy I wouldn't go through any trouble too do anything at all. Let's just try too take in a ton of money so we can go straight too jail. Makes perfect sense doesn't it? If EEGI is possibly on the radar with the SEC would that be a d@mb a#s decision you would make for yourself?
This probably won't make a d@mn bit of sense too the "scam" "fraud" people on this board.
Say whatever you want! Doesn't matter! Keep throwing the same comments on our posting. Don't care! Still staying and making my own decisions! My money! My life! If I want too bury it in a "hole" somewhere then that is my decision... Not yours. If you don't like my comments then skip right over the d@#n things. No need too keep beating your dead horse with me.
Have a great freaking day!
I was just looking for that date when I saw your post. Thanks. So far they hit their targets with what they said they would do; so I have no concerns until after September 27th. At that time I may start to question them, but not until then. Thank you for your post.
I have too disagree with you. The stock still exhists; therefore money is still there. Only gone if EEGI disappears.
In regards to the questions about share structure. Unless I am reading this incorrectly it appears too me that the share structure reduction will be reflected after completion of a successful merger. Hence the "Pending merger" below. Just my thoughts on the subject.
EEGI - Share structure down almost 50%! Pending merger. New management. Three separate stakeholders with 2,7 Billion shares plus another 1,3 Billion to be returned to treasury! Multiple filings underway!
From MMG/ EEGI Company alert email June 8th, 2017
WTF! Rumors are your facts?
An example: Delpi Corp. Went into bankruptcy. I saw what I thought was an chance too get in and get out with some profit even though it looked bleak. I bought in very low. Unfortunately I told a few people what I did. With all the negativity and bad comments about buying into it; I finally allowed them into my head and got worried so I sold for a $.10/ share loss. That decision cost me a little over $50,000 with the amount of shares I had, and almost one month later when it shot up for a short period of time.
Was it everyone else's fault I lost out on that chance? No... It was my decision based on what I was told over and over!
Make it your choice. Do what you feel is right for you.
I have been in a few others that history showed it would climb again. Instead of waiting because it seemed it was taking too long too move I sold just too break even. Almost every one did move and some moved quite a bit shortly after I sold. Therefore, when I buy now.... I will not sell until it moves... Because it will!
I would like too say something based on the mixed board comments I have been reading lately.
People have made fortunes based on gut feeling, and things they seem to be the only one who sees. Even when others said they were crazy, insane, or just plain stupid.
People have also missed out on fortunes by listening too other negative comments, and they got scared or just let things die because they believed those things.
There had been bad and there now seems too be good here in EEGI.
If you are going too win or lose it is your choice, but please trust your own feelings on the facts. If you win or lose make sure it is your choice and your beliefs that allow that. Make your own decisions and then blame no one. Just my thoughts. Good luck too all.
Long is relative too when it moves up too the point that money is made. Long could be $.01 for some or it could be $.0003.
Let's not forget the claims that EEGI has never moved in 20yrs which is also false. It just hasn't moved as far as others have wanted. If you. If bought at the right price then any stock can bring you a profit. Have too watch the game and play by the set of rules that pertain too that particular stock. EEGI will eventually go back up enough too bring a profit too those who hold at .0001. it may not go sky high but it will go up. The amount of profit is in the hands of the holders.
So you are claiming they are seeking financing? Could you show us something too substantiate that, or is that something that is being thrown out now as another scare tactic for the more meek? All actual information would really be appreciated. Thank you in advance for the insight on the seeking financing facts. I would love too see this.
100% agree with you.
I can't see them spending this time and filing paperwork to become delisted. I believe there is a plan and they are working on it. They are doing what they have stated they would do so far. My opinion.
Could it be that they locked up more, or could it be that they are returning some now? I believe there was talk of that previously. Not sure. Just a thought.
Yes sir. My choice is too buy more. Thanks for asking though.
Another promise adhered too. Good news they are still on a recovery path. Thanks for the info guys. Still here... Building and holding.
Agreed. Maybe the people saying things should try too communicate with them in the other person's language. Who would be the one under fire on intelligence levels then? Lol.
Sorry. I just realized I didn't direct the last part of that to XMAN. Thanks. I was wondering how that fit in there. Lol
I read it a slight bit differently, but that is neither here nor there. Where does it say anything about anyone wanting too dump on the ask of .0002? Am I missing something here?
I just found out I am a small fish in here too. Sold a little today, but I still hold 50000 shares.
Good luck too all
50% loss at $.0002? Bought at the wrong price. Lol!
Hell.. I just bought almost 1 1/2 times that just today. Lol. 20145000 here.
Anyone who says this hasn't moved in 10yrs is not being truthful. Jan 25&26,2017 I made a few thousand dollars off EEGI stock. Scam or no scam it is all in how you play in pennyland. If you are hunting for the golden eggs you will probably lose your ass here. If you are building a little at a time then you have no worries. EEGI has provided me with the money for my dividend stocks that are accumulating nicely while I still play pennies for extra cash too keep rolling into dividend stocks. I started 2 1/2yrs ago with a small amount of cash. I have been playing with market money only for about 2yrs.
Dd only goes so far here in pennyland. The MM's and the shorts can crush any stock you think has a glimmer of hope. Lesson I learned really fast... Trust nothing you read or see in pennyland... Hit it quick as low as you can... Have your trigger finger ready at all times... Pull the trigger and get out when that voice inside tells you too and don't bat an eye. You will build even if it is a little at a time. Little wins beat big losses any day of the week. If you stay in too long and lose because of hype or promises then you just have yourself too blame. The only loss at $.0001 is trade fee's or if it disappears otherwise you only lose if you sell. Even small bounces as EEGI's for the last few years is profitable. You choose when you lose. Scam? Maybe... Never moved in ten years? Wrong!
One sure thing you see when reading up on penny stocks. Get in and get out when it is on it's way up. Never play it like the big stocks. You will lose almost every time unless you are very lucky. Never worry about what they are selling or what they are into... look at the $$$ and act swiftly. Good luck too all.
Right on! Well said!
That would be great.