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Agreed. We'll have more news today according to company. November WCD is huge and still 6 weeks away. A lot of s/p building time here. Dr. Norman Marcus's FDA MPDD device presentation. to the world is absolutely huge for EP.
We lose a zero well before November. imo.
have in the past. they do what they want.
PR Update
Emailed co.to clarify what "shortly" meant. Reply: "Significant announcement for our investors most likely out Wednesday."
They definitely seem to favor late day or AH releases.
Then EPGL will gain the equivalent of approximately $5 Million in revenue from the debt restructure! And the converted shares are likely to be non-voting and restricted.
PR CONFIRMED:
Emailed and co. asking about further PR's this week. responded: "Yes, a significant announcement coming shortly..."
My point is; CEO wants share price back to .70 as it was in '05 and is making moves to get there. The NIR has agreed to take 1/2 debt to convert to shares. So has CEO. That is huge and aligns their interests squarely with ours; higher share price.
It was at .70 back in 2005. CEO said he wants it back there and appears to be making moves to insure that. It was a different time which required unholy alliances with NIR debt. That is changing now.
fyi, for good Karma, everyone here should subscribe to epdigital.com or at eparent.com after trading hours. I think it's $15.95 for a one year special through December 1, 2010.
EPGL was at .70 in 2005 CEO said in a recent email response, he has every intention of getting the stock back to that level.
They just announced the restructure plan, Web MD, FDA Medical Device(s) WCD conference in November, new contracts worth millions coming.
Are we at ground floor here for a run to .70? Let that sink in.
EOD run on 6's
FDA Device(s), Web MD, $M Contracts. Amazing play. Where will this be by November's conference with all this attention? I say north of .005
Web MD and still waiting contracts $$$$$$$$ announcements. Don't forget they said something about International content agreement too. Can you believe this is only a .0006 stock?
Over 100 million served at 10:20 AM EST
could be more than one contract totaling $1.1M. They used the term "contracts" in PR.
Two contracts still to be announced totaling more than $1.1M and another content agreement for international rights still to be announced according to PR before Web MD PR. Also, Nutraceutical Guide by Dr. Stephen DeFelice on the way.
Yes he does know where and it is to the pennies. See Direct Q&A:
Q As we understand it, you are a major debt holder. Have you agreed to have more than 1/2 of your debt converted to shares too? Would this not mean you have more incentive than ever to raise shareholder equity?
A Yes, it is my intention to convert 50% of the amounts due and owing to me into equity as a condition of the restructuring agreement. Inasmuch as I am the second largest creditor next to NIR, I should think this would be viewed as a fairly important step and a reaffirmation of my commitment to this company and its mission. It also reinforces in me and I hope others in management additional incentive to try to increase shareholder value. Thus our value is aligned with those of our shareholders, a fact that tends to escape some people at times. EP Global Communications, Inc. (EPGL) Stock Trading Info:
Multiple $$$$$$$$ contract announcements coming as well as additional International content license agreement announcement shortly. Nutraceutical Guide by Dr. Stephen DeFelice and WCD in November with Dr. Marcus' MPDD device and therapy presentation to the world.
Oh? CEO is converting more than half his debt into EPGL shares. That's a very bullish sign on his part. I suggest you read the DD's posted up top.
Directly from CEO in Q&A:
Q You recently announced you have reached a restructure agreement with the major debt holders. With this restructure in place, can all your goals be accomplished without raising authorized share amounts or reverse split?
A We have reached an agreement in principle with our major debt holder, NIR and the details of that agreement need to be solidified and then voted on by shareholders. Nothing is going to be implemented without the expressed approval of our shareholder group. That being said, it is not our intention to implement a plan that will result in dilution for our shareholders. We are acutely cognizant of the negative vote of our shareholder group when a reverse split was proposed last year. Nothing in any of the press releases issued by our company makes mention of a reverse split or increase in authorized shares.
WEB MD Agreement announced and still have Contracts announcements coming totaling more than $1.1 million according to PR, plus International foreign language content agreement also in PR. The EP Health Sciences Nutraceutical Guide published by EPGL and written by Dr. Stephen DeFelice is also on the way.
Agreed. When we punch 5 again, it will fall and then we go to "00" land.
Awesome, thanks BNG
BNG can you add to Combined DD, the fact that Admiral Raymond C. Smith (former head of Navy Seals) is on EPGL board of directors and Dr. Stephen DeFelice, pioneer in healthcare and inventor of the term "nutraceutical" is also on the EPGL board of directors. Heavy hitters!
Also very big:
Additionally, Dr. Stephen DeFelice is on EPGL's Board of Directors. He is a pioneer in health care and coined the phrase "Nutraceutical". He is the guy who was mentioned in the PR as developing the EP Health Sciences Nutraceutical Guide.
So EPGL has at least 2 heavy hitters on the BOD.
On the board of EPGL. Here's something I discovered last night for the first time. I don't know if all EPGL shareholders are aware of this, but it is big in terms of EPGL's connections for contracts etc. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55114460
he means people who bought at 1 profit taking is near over.
CEO second biggest debt holder is converting more than 1/2 his debt into EPGL shares according to restructure PR. That's all I need to know about where he wants the stock headed. He openly stated in DD posted on top of this board, just that.
BNG, that sounds right to me.
Over 100 Million served by 12:30. Nice.
back to 0005 ask by power hour imo.
Ground floor biotech. $$$$$$$$ Based on PR's, they have more than one FDA device in the pipeline here. Notice they used the term "FDA approved devices" plural. The PTSD reference is very interesting.
NEW PR's CONFIRMED
Emailed to ask if investors can expect anything this week? Answered: "more than one significant announcement will be out this week from EP".
Shake Shake Shake!
I agree. 00s on the way when we break 5.
Up 400% so far is very exciting
WHOA! EPGL Board of Directors includes Admiral Raymond C. Smith. He led the entire US Navy Seals force!
Part of his bio:
He served a Navy SEAL for 31 years, he achieved extraordinary success through focused, participatory leadership and retired in 2001. During his four-year tenure as Commander of the 2300-men worldwide SEAL force, he raised personnel retention to a level three times the Navy average. As a Navy Captain, he led the Navy SEALs in Operation Desert Storm, conducting over 200 combat operations of strategic significance while incurring no casualties. Earlier in his career, he directed Navy SEAL training, generally considered to be the most challenging military training in the world.
Additionally, Dr. Stephen DeFelice is on EPGL's Board of Directors. He is a pioneer in health care and coined the phrase "Nutraceutical". He is the guy who was mentioned in the PR as developing the EP Health Sciences Nutraceutical Guide.
Agreed. Latest PR: "Thirdly, the EP Health Sciences Division has multiple projects underway including the development, promotion, and marketing of new FDA approved medical devices, which could help alleviate pain and manage Post Traumatic Stress Disorder (PTSD)."
We know the MPDD deals with pain and we know they are saying "FDA approved medical devices" which clearly means there is more than one device in development. IMO, there is another device for PTSD in the works possibly. This is absolutely huge for shareholders of this stock right here with the US Military needs in both pain and PTSD.
Yep, into the major leagues.
WCD conference in Nov. is very big in the world of health care. EPGL is co-partner in the production of the conference. It brings in health care providers and professionals from all over the country and world. MPDD device being presented by Dr. Marcus.
From 4-27-10 PR:
"There will be at least 50 accredited educational programs spanning five major educational tracks: Education, Parenting, Technology, Medicine and Healthcare, and Sports and Recreation. As in the past, the WCD will have significant participation from the U.S. Military and a high-ranking military officer will be one of the two major keynote speakers at the WCD."
Epgl board just as impressive. Former commandant of US Military Special Forces is one of the board members. They are very well connected.
They used the term "new contracts worth more than $1.1M" so there's more than one contract announcement coming based on that.
From PR:
"Firstly, the company anticipates making announcements regarding new contracts worth more than $1.1 million dollars."
EPGL has all the ingredients of a stock that can go into the pennies. When this breaks .0024 (52 week high) look out.
Biotechnology stars are born this way; A leading doctor or scientist (Dr. Marcus) invents a technology, teams with a company with health care and big institutional resources (EPGL)and creates a new biotechnology entity (EP Health Sciences).
Looking forward to new announcements coming.
$1.1M contract announcements and others next week imo