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Piano the question that is posed is one that no one knows the answer to. That is why it is not being answered. That is not a negative thing though. The answer doesn't have to be known right now. That is why I don't think this matters. The debt is not holding back the share price. What has held the share price back is the lack of possibility for growth over the last few years. For the past few years this possibility has seemed somewhat bleak to the majority of investors. There are few who have been stockpiling this stock because they could see the opportunity with their connections.
Now that news is coming out regularly, and positive things are happening the vision is a little more clear for people to see. No one knows exactly how this going to unfold, even Joe. That is my opinion. But it is interesting how synergy, and momentum open doors that were otherwise closed.
If the company, management and everyone in the know wasn't excited about what is going on, do shareholders think they would be releasing the PR's, doing the videos, and giving the access they are giving to the CEO? Something is up that they know about but are keeping quiet on. There is something in the works, that hasn't been finalized and isn't guaranteed, but has the ability to be big.
The language used, the downplaying of their announcements, the consistency and frequency of the message, the repetition of the importance of coming to the WCD. They seem to be setting the the stage nicely.
No guarantees, and I am sure nothing has been finalized, but just from what I am reading, listening to... I smell excitement. I am trying to see past what they are saying, something looks really promising here.
It reminds me a lot of a technology company that has a logo of fruit. They set things up the same way to achieve maximum impact. Hold tight.....I think we could be in for an incredible ride.
This is assuming they have no other options.
Is it not clear that who some of the current shareholders really are?
-Family Members
-Doctors
-Employees
-Management
-Friends
-Associates
-Partners
-The CEO
-ETC
Why would they want to destroy, dilute, reverse or hurt the current shareholders? These are people they have to look in the face every day.
I can't be swayed. I do my research and discovery. I believe in EPGL and their Management!
Their services really are great. And all their relationships are noticing. Pretty exciting stuff. Too early to judge their complete financial decisions. If things go well, no one will even think twice about their financial systems. If things go bad then yes they could be considered bad decisions. Only time will tell. I am excited to find out.
Quarterly, Yearly?
So if they reported through June 30, 2010 that means that they had April, May, June (if quarterly). If yearly then it was June 30 2009 to June 30, 2010. So 4-7 months old if quarterly. And 4-16 months old if yearly. Pretty current if you ask me.
So none of that takes into account all the new developments. Seems pretty sound to gauge a decision on something that doesn't include developments, relationships, etc.
I like the way I invest just fine!
Well that is pretty extreme!!! I agree I wouldn't want a doctor like that either. I think as EP's services go, so goes their executive team. They are the ones that set up the content and resources and put out a great content. Good fruit doesn't fall from a rotten tree. Pretty funny though!
Tough times. They are in the publishing business. That business has been hit really hard. Ask every newspaper, magazine, newsletter, etc. Everything has moved towards digital, and other forms of communication. The exciting thing is they have survived despite all the others that have failed. The economy has also been in the dumper for the last 3 years. Tough, tough times. That is why. They are doing pretty good for the hand they have been dealt. Any business that can at least survive in these times I consider successful.
Info from their old filings. Those numbers represent what happened and took place over a year ago. That is hardly current.
PR's do fall under the safe harbor act, but their is liability to an established company to overstate, or make false statements. This isn't your run of the mill penny stock. They have major relationships. They are not going to announce anything that would damage those relationships or the image that they have spent 40 years developing.
I will not hide, and bury my head. I will stand tall, take my chances with my research, and accept my failure or my success. I don't invest money that I cannot lose, so being wiped out is not an issue. I don't think it is ever wise to invest money you can't afford to lose, especially in the penny world.
I don't really care about their history...I am more concerned with their current situation and their future.
I am on a Doctor kick today, but I can see going to the doctor and he asked me we, "how were you about 1.5 years ago?" Instead of asking me how I was feeling right now. I think he is more interested in how I feel right now and what I am doing to take care of myself for the future. This is the same way I view stocks. The past is history, and I look to the future.
If I vote YES, my entire investment may jump as well. So the chance is 50/50. I like my odds.
Maybe, but I sure like my chances better with seasoned veterans, than rookie management. It is like searching for a doctor. When I research and find out his experience is extensive, and is well thought of throughout his network and community this makes me excited to have him as my doctor.
Such is the case with EPGL. Ask the military, hospitals, special needs families, and those that work with EP. Ask them what they think of management. From my research the response is very positive. That helps me in my decision making.
There is always the option of a reverse split. Just as there is always an option I will get in an accident when I drive my car as well. It is a chance I am willing to take. You just never know how some things will turn out, but hey that is what makes life fun. I could worry about an accident every day and what if scenarios, but that doesn't get me to the place I am going.
The Truth about Management! This is from their website.
Directors & Officers
The following table sets forth information about our executive officers and directors.
Directors:
Joseph M. Valenzano, Jr., age 64, President; Chief Executive Officer; and Director
Donald Chadwick, age 58, Director
Dr. David Hirsch, age 62, Director
Daniel J. Baier, age 63 , Director
Rear Admiral Raymond C. Smith, age 65, Director
Diane Jones, age 64, Director
Officers:
James P. McGinnis, age 56, Chief Financial Officer, VP Operations and Secretary/Treasurer of the Board of Directors
Mathew J. Valenzano, age 38, Publisher and Vice President Sales and Marketing
The above listed officers and directors will serve until the next annual meeting of the shareholders or until their death, resignation, retirement, removal, or disqualification, or until their successors have been duly elected and qualified. Vacancies in the existing Board of Directors are filled by majority vote of the remaining Directors. Officers of the Company serve at the will of the Board of Directors .To the Company’s knowledge, there are no agreements or understandings for any officer or director to resign at the request of another person nor is any officer or director acting on behalf of or is to act at the direction of any other person other than in his fiduciary capacity of and for the benefit of the Company and at its direction.
Set forth below is certain biographical information regarding our executive officers and directors:
Joseph M. Valenzano, Jr., MBA, APC - President / Chief Executive Officer / Director
Joseph M. Valenzano, Jr. is our President, Chief Executive Officer and Director. He assumed such positions upon our transaction with Psy-Ed Corporation in November 2003. From 1993 until such time, Mr. Valenzano was the President, CEO and director of Psy-Ed Corporation originally located in Hackensack, New Jersey and then located in Oradell, New Jersey.
Mr. Valenzano received Bachelor of Science and Bachelor of Arts degrees in history and economics from Upsala College in 1967. He also holds an MBA in Finance and Management from Fairleigh Dickinson University (1971); a Certified Management Accountant (CMA), in 1978, Mr. Valenzano was awarded an Advanced Professional Certificate (APC) in Accounting and Information Systems from the Graduate School of Business at New York University also in 1978.
Prior to his involvement with EP Global Communications, Inc and Exceptional Parent, Mr. Valenzano served as Vice President of Development for McGraw Hill, Inc. from 1970 through 1977; Vice President of Corporate Development for Elsevier–NDU in the Netherlands, from 1977 through 1980; Sr. Vice President of Finance for Playboy Magazine in Chicago, from 1980 through 1982; Executive Vice President of Operations for Medical Economics, from 1982 through 1988; and Executive Vice President of Finance and Chief Financial Officer for Thomson International Publishing, from 1988 through 1993.
Mr. Valenzano is a frequent speaker at conferences, organizations, associations and professional medical societies serving people with disabilities, and is on the board of a number of disability organizations. He is the Founder and Member of the Board of Trustees of the EP Foundation for Education, Inc., an IRS-approved 501(c)(3) not-for- profit corporation. He has served as Chairman of the Executive Advisory Board for the Child Neurology Society and Child Neurology Foundation (CNF) and as a member of the board of directors for the CNF. He served as Chairman of the Executive Advisory Board to the American Academy of Developmental Medicine and Dentistry. He also served as Vice-Chair of the board of directors of Community Rehabilitation Agencies (CMRA) of Tennessee and MOVE International.
He is the father of five sons, one of whom has a disability.
Donald S. Chadwick – Director
Donald S. Chadwick is our director. He became our director in 1997. He is Chairman of the Finance Committee; and a member of our Audit Committee and Compensation Committee.
Donald obtained his Bachelor of Science Degree in Accounting from Babson College located in Massachusetts in 1974. In 1994, he received a Masters of Business Administration in Strategic Planning from the University of Pittsburgh. Mr. Chadwick is currently a financial and tax consultant. Mr. Chadwick was employed by Price Waterhouse & Co. from 1974 to 1985 as an auditor and later joined the tax department. In 1985, he left Price Waterhouse & Co. to establish a tax consulting practice serving individuals and corporations.
In October 1998, Mr. Chadwick formed Cardinal Debt Associates, L.P. (Debt) and Cardinal Equity Associates, L.P. (Equity) which are business development companies providing capital to small growth oriented businesses. In September 2000, Debt provided a short-term loan and line of credit to Psy-Ed Corporation, a company that we undertook a transaction with in November 2003. In conjunction with the loan, Equity acquired a warrant position in Psy-Ed which has been exchanged as a result of the share exchange with East Coast Airlines (now EP Global Communications Inc.) for 220,754 common shares.
Mr. Chadwick is the general partner of Cardinal Equity Associates, L.P., a majority member of 40401 Corporation LLC. In August 2005, 40401 Corporation LLC filed for bankruptcy protection. In addition, Mr. Chadwick is the director of Signature Financial Group, Inc., a dormant company that previously owned various NASD registered broker-dealers.
David Hirsch, MD – Director
Dr. David Hirsch is our director. He became a director in November 2003. He is a member of the Finance Committee.
A pediatric physician, Dr. Hirsch specializes in caring for children with special healthcare needs. He is presently the Medical Director for Maricopa Health Plan, based in Arizona. He started this position in February 2005. In addition, he is also the Medical Director for Physicians Review Network, based in Arizona. He also started this position in February 2005. In addition he is presently the Medical Director for both Hacienda de Los Ninos (this position commenced in 1994) and Hacienda de Los Angeles Skilled Nursing Facility (this position commenced in 2001). From 1979 through August 2004, he was a partner in Phoenix Pediatrics, Ltd., located in Phoenix, Arizona. He has worked with thousands of children with disabilities throughout Arizona. Dr. Hirsch is a Fellow of the American Academy of Pediatrics (AAP) and is an active member in the section on Neurology, Home Health Care and Developmental Disabilities. Dr. Hirsch received three degrees in engineering from Carnegie-Mellon University, Pittsburgh, Pennsylvania prior to earning his medical degree at the University of Cincinnati in 1975. In 1969, he received his Bachelor of Science in Mechanical Engineering; in 1970, he received his Master of Science in
Mechanical Engineering; and in 1970, he also received his Master of Science in Biotechnology. From 1976 to 1978, he did his residency in pediatrics at the University of Michigan Affiliated Hospitals. Dr. Hirsch is active on several boards of foundations and non-profit organizations. He also serves as a member of Exceptional Parent’s Editorial Advisory Board.
Dr. Hirsch has the following teaching appointments: (i) 1978 - Chief Resident and Instructor in Pediatrics, Department of Pediatrics, University of Michigan; (ii) 1970 - Research Associate in Biomechanics, University of Pittsburgh; (iii) 2000 to Present – Clinical Assistant Professor in Pediatrics, Kirksville College of Osteopathic Medicine; and (iv) 1999 to Present – Clinical Assistant Professor, Midwestern College of Medicine. He has the fol- lowing certifications and licenses: (i) National Board of Medical Examiners (1976); (ii) Arizona Board of Medical Examiners (1979); (iii) Fellow, American Academy of Pediatrics (1979); and (iv) Board Certified in Pediatrics, American Board of Pediatrics (1979).
Daniel J. Baier – Director
Daniel J. Baier, CPA is a director of EP Global Communications, Inc. He became a director in 2008.
Since, 1997 Daniel has worked for Daniel J. Baier, CPA, P.C., a financial services firm he founded serving clients in the Northeast, Mid-Atlantic, and Mid-West. Daniel’s practice areas include Accounting, Auditing and Assurance services, Information Technology, Management Solutions, and Energy Supplier Selection. Daniel also consults for SEC reporting companies, implements financial systems on mainframe and local area networks, implements cus- tomer/sales force management software, and represents clients with “offers in Compromise” before the IRS.
Daniel served as a Corporate Controller/Chief Accounting Officer for Rochester Gas and Electric Company (since acquired by Energy East Corp.) from 1983 to 1997. From 1974 to 1983 he was a senior manager for Price Waterhouse (now PriceWaterhouseCoopers) in Rochester, New York. Daniel also achieved the rank of First Lieutenant in the United States Army.
He received a BBA-Finance, from St. Bonaventure University. He is a certified Public Accountant, State of New York.
Rear Admiral Raymond C. Smith, United States Navy (Retired) – Director
Rear Admiral Ray Smith is our director. He became a director in November 2003. He is the Chairman of our Compensation Committee.
Rear Admiral Smith, United States Navy (Retired) was a Navy SEAL for 31 years. 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, Admiral Smith led the Navy SEALS in Operation Desert Storm, conducting over 200 combat operations of strategic significance while incurring no casualties. Earlier in his career, Admiral Smith directed Navy SEAL training, generally considered to be the most challenging military training in the world. While in this position, Admiral Smith achieved the highest graduation rate in the 50-year history of the course (55%).
Admiral Smith has been recognized in numerous publications and books, most recently in Noel Tichy’s book, The Leadership Engine, in which he is cited as a leader closely involved with employees at every level of his organiza- tion. Admiral Smith has also been recognized in Newsweek, Fortune, Readers Digest, and on the Discovery Channel, the History Channel, and CBS This Morning.
Admiral Smith was awarded the California Distinguished Service Award while a member of the Governor’s Council on Physical Fitness and Sports. Working directly for the Council Chair, now Governor of California Arnold Schwarzenegger, he and the Navy SEALS focused on inner-city at-risk youth, children with special needs, and senior citizens. The Admiral has spoken extensively on his leadership experiences and the philosophical underpinning which has supported his career. Admiral Smith also published two Navy SEAL manuals presently in print by the Government Printing Office. These two, The SEAL Nutrition Manual and The SEAL Physical Fitness Manual, focus on the special nutritional and fitness needs of Navy SEALS, but have been well-received by
the general population because of their application to all walks of life.
Prior to retiring from the U.S. Navy, Admiral Smith was assigned as the Director of Assessment for the U.S. Navy. As the first SEAL Admiral to serve in a general Navy assignment, Admiral Smith was responsible for developing the Navy’s first capability-based assessment process. He led 100 systems analysts in providing service-level recommendations directly to the Chief of Naval Operations. In 1967, Admiral Smith received his Bachelor of Science degree in engineering from the United States Naval Academy. In 1974, he received a Masters of Science in Oceanography from the Naval Postgraduate School.
Diane Jones – Director
Diane Jones has made significant contributions to the United States Marine Corps family for the past several decades. A strong supporter of all military families and volunteerism, she serves as an honorary member of the Board of Directors of the Marine Corps/Law Enforcement Foundation, and has served on the Advisory Board of the U.S. Naval Services FamilyLine, the Armed Forces Association, the Armed Forces Branch of the YMCA, and the U.S. Marine Officers Wives Club. In 2002, the Marine Corps League selected Mrs. Jones as the recipient of the Dickey Chappelle Award. Diane is he wife of General James L. Jones, 32nd Commandant of the Marine Corps; Supreme Allied Commander NATO and current National Security Advisor to the President of the United States.
James P. McGinnis – Chief Financial Officer / Vice President of Operations / Secretary and Treasurer
James P. McGinnis is our Chief Financial Officer and Vice President of Operations. He assumed these two positions in October 2006. Mr. McGinnis is also our Secretary and Treasurer, having assumed these positions on December 8, 2006.
Mr. McGinnis received a Bachelor’s degree from Indiana University of Pennsylvania in 1975. He previously has worked as Corporate Accountant for the Institution, and Executive Vice President for Operations, at First Federal Savings and Loan of Indiana, in Indiana, Pennsylvania, from 1976 to 1991; Benefits Administrator, dealing with healthcare providers at Reschini Group, from 1991 to
1995; Controller responsible for accounting functions at DDS, Inc., from 1995 to 2001; and General Manager overseeing operations, accounting, and safety areas within trucking at E.S. Adams Trucking, Inc., from 2001 to 2006.
Matthew J. Valenzano – Publisher / Vice President of Sales and Marketing
Matthew J. Valenzano is our Publisher and Vice President of Sales and Marketing. He became our Vice President of Sales and Marketing in June 2006 and our Publisher in January 2007. Mr. Valenzano received a Bachelor of Arts degree in Financial Management, with a minor in Economics, from Dominican College, in 1994. He previously has worked as Sales Representative for the Northeast Region at Exceptional Parent (EP) magazine from 2002 to 2006; Group Business Manager at Ziff Davis Media, from 2000 to 2002; Business Manager at Fairchild Publications from 1999 to 2000; Senior Financial Analyst at L.P. Thebault Company, from 1997 to 1999; and Finance and Business Manager at EP magazine from 1993 to 1997.
Slide: I didn't lie. I am not sure what that sentence is all about. I don't take a companies debt "lighthearted". I just know what place it has in my investing analysis. I don't let my focus be upon something negative like debt. I allow my focus to be upon growth, and expanding.
Holding a stock where the investor hates the management is not my style of investing, that is for sure.
Read the book "The Intelligent Investor" by Benjamin Graham. The grandfather of value investing. Study Warren Buffet and see how he trades. They base all their decisions is on earnings (Sales), cash flow, and growth projections. Debt is mentioned and has a part of the value formula, and it has it's role, but it doesn't have the relevancy that earnings and sales have. The reason is, is because it is not the focus. Earnings and sales are the focus. If they have a product that is bullet proof, or unique selling proposition (USP) much like EPGL has, then there is great potential and opportunity there.
When a company becomes really successful it is not because they were focused their debt. It is because they sold their product well, ramped up sales, and expanded (sometimes debt comes with this). There is good debt. I really like to see debt that comes from R&D (research and development) or retooling. A company is either dying or it is growing. There is no middle ground. Most companies run their numbers as close to even as they can to avoid the heavy tax liabilities that are enacted upon corporations. At times increasing debt (liabilities) to offset the sales and growth they have achieved.
Everything in life is financed and could be considered debt. If you decide to pay cash for a candy bar, you just lost out on the interest earnings that you could have earned in an interest bearing account. So in essence the candy bar was financed at the rate you could of earned on that money. So debt is really relative. What I am saying is that in these Penny stocks they all have debt. Find me one that doesn't!!!!! Debt is not why I trade these stocks. It is insignificant in my trading. Why? Because it really doesn't matter!!!!! Debt has a way of being resolved through earnings and sales.
I want to see sales, opportunity for sales, marketing, agreements, relationships, products, a competitive advantage, FDA approvals, reverse merger opportunities, Insiders buying shares, consistent PR's, relationships with established companies (Web MD, military, hospitals, WCD Conference). In essence a Mojo about the company. I want to see action!
I want to see purpose, so when times get tough I know they will fight for what they believe in. I want to see a CEO is heavily invested not just in monetary ways, but in time, commitment and passion. I like to see family working at the company, because then I know that they are motivated to keeping revenues up to provide for their families and employees.
I like to see movement, and change. I like to see how they adjust to adverse market conditions, do they reinvent or do they allow the market to overcome them.
The management of EPGL has been resilient during this down turn. They have worked through all the adversity and have not given up. These men and women have great experience. They have forged ahead creating relationships, and opening doors of opportunity. They are expanding into other areas which they have not been before.
They are being more open, transparent, and willing to communicate with the shareholders. Why? Because they see the promise of what they are doing. They are proud of the efforts and after these last few years of troubled times there is hope on the horizon.
They are trying to tell us through PR's what is coming. They are trying to constantly show us what is ahead. Read and reread the PR's listen to their videos. When they talk, listen. Read between the lines. This isn't a joke. Their professional careers, relationships they have built, contracts they have established are all on the line with every PR they put out. They know this. Every word and sentence is calculated and prepared. One can sense the excitement, and the synergy that seems to be building for them. It is exciting.
I have never cared about it. I still don't care about it. It is a Penny stock!!!! They are all this way. They are all subject to dilution, reverses, etc. So what? If it is such a scare don't invest in the sub pennies.
Providing old numbers and guesses is hardly proof. No one knows what the actual debt is or the actual dilution. Providing actual hard numbers for EPGL and pennies is the hard part and that is what makes them risky. No risk no reward. Listen...they have so many relationships, and channels to funnel future products, devices, biotech, services, and educational programs through that the possibilities are endless really.
EPGL is unlike any other penny stock because of those connections, relationships and resources that they developed over the last 30-40 years. Their product is really one of a kind. Have you read it? Do you subscribe to it? I do! It is incredible the value that they give to those who need help in managing disabilities and disease.
Do you think the Military would sign a contract worth 1.1 million if they felt EP wasn't going to survive? Do you think Web MD would authorize them to be a content provider if they felt the business was going away. These companies are looking for long term solutions, not short term. Do you think that Dr. Marcus would channel his FDA approved device through their relationships and channels if they weren't substantial. He is a smart dude! He knows the relationships that EP has with the Military, hospitals, schools, etc.
So do I feel (according to the post) their "incomes and profits will so massive that they will trump all the dilution and a reverse?" I don't know, but that is why I am invested, because I feel the possibilities are amazing. I sure think there could be some incredible growth if one of these products takes off. In fact I am loving the thought.
They have never mentioned a reverse in all the recent PR's other than to dispel the though of one, so that is pie in the sky. Dilution I have covered before. It is weak. The dollar amounts are petty, so why even bring this up. Dilution doesn't really affect your dollar amount. If an investor has 1 million shares they will still have 1 million shares after dilution. Investors should sell if that is a problem. Debt is not the issue it is sales, future products, future services, and future opportunities that are real and being discussed. We don't know all the details, but we know this...we will know soon.
EP will survive as evidenced by their contracts, and their relationships to WebMD and Dr. Marcus. This will not only enable them to survive but they will thrive.
So what if Joe was diluting? Who cares. If it gave him $100k to help the company stay alive in a tough time good for him, and what a blessing to those employees and their families. It has no impact on me as a shareholder right now. The reward will come in the future as their developments begin to bear fruit. If not then it was a chance I am willing to take. I have been wrong before, but I do enough DD to know what I am doing and what I am dealing with.
I don't skirt the question. It is just I don't care about the question. It is not a a part of my financial analysis on Penny Stocks. Remember these are Penny Stocks. Not Fortune 500 companies. They all have issues like this. Investing in penny stocks is for the thrill of what may be. If an investor wants something secure and solid, and has a balance sheet that is to die for, then they are in the wrong place. Income statements, and balance sheets are not analyzed the same on Pennies as they are on the big boys. Otherwise if they were no one would ever invest in them.
Dilution of 600MM shares? So what $180k? Big deal. What does that really have to do with anything? The stock price is .0003!!!!!!!!!! So $300 of 1 million shares is now worth 12% less? Big whoop. The stock swings more than that in a day anyways, some days I gain 50% others I lose 50%. Do you think anyone is really going to care about the dilution if they all the sudden sold 300,000 more subscriptions to their magazine? That is 6 million dollars of annuity revenue.
This is what people care about. Sales, sales, sales.
Revenue is King. Where there is revenue and opportunity for revenue it is a good place to be. I have researched companies that the share count is perfect, no sign of dilution, they have no debt, but they also have no sales force, and no vision. Well guess what? Their stock doesn't move. Why? because they have nothing exciting going on to inspire people to invest with them. So their stock price stays the same moving up and down slightly.
Give me a company with debt, dilution, and a vision to change the world. That is where I want to be. Because if they believe they can...they just might do it. The hope of what may be is what allures all penny and sub-penny investors. What a boring world without.
EPGL's debt is insignificant. In the financial world, debt really is insignificant. Not one lender cares how much debt you have as long as you have income or resources to support it. The reason is... because sales and free cash flow trump everything else. Do you think Bill Gates really cares if he has a mortgage on his house. No, because he has income and assets greater than the house. Liabilities are liabilities. In this case the liabilies are really unknown, so it is hard to guage for them. All numbers are just guesses. So why deal with them?
Sales on the other hand are what drives a company to success. Without sales, there is no revenue, without revenue there is no company. So the reason I consider the debt as a non issue for EPGL, is because I know that sales can wipe out debt in no time. If a product takes off, revenue jumps, contracts are received, or marketing agreements made this produces revenue. If revenue is growing who cares what debt is.
Dilution. Not a huge issue. Stocks grow and increase despite dilution. The only place you hear about dilution is really in penny and sub penny. The key though is that in EPGL case if announcements do come forward as they have said they will, and these things become revenue builders this stock will move no matter what the dilution situation is. It is a simple case of supply and demand. If this proves to be an amazing investment the demand will be too great for the supply no matter how diluted it is or isn't. Which no one really knows. It is a guess and some are guessing high, while others are guessing low. The numbers don't reflect current numbers, so that is why it is hard to determine based on those numbers.
Remember 5 billion shares = 1.5 million dollars at .0003. When news hits and people start throwing money on this, especially if larger investors jump in 1.5 million is not that much. That is why these stocks can move fast.
I like what I am seeing with EPGL. I actually like it a lot.
I can't send private messages about EPGL.
Definition of turned the corner:
US Marines $1.1 million Contract
Web MD Contract
EP Health Sciences Divsion Open
FDA approved medical device development
Dr. Norman Marcus Presentation on MPDD device at WCD
Presentation on FDA device for sleep disorder
US Army Contract
International Content Agreement
World Congress on Disabilities (WCD)
New Contract Announcements
New Biotech marketing developments
Hmm...Looks pretty good to me! Please... this is all amazing news!!!!!!
All must read!!!!
I will answer. Companies struggle sometimes. For those that haven't realized it has been a tough 2-3 years. Companies are having to re-invent themselves to stay alive. In order to stay alive funding is in order to finance the business during the re-invention period. Money is hard to come by these days. You can't just go to the bank and get a loan like you used to be able to. Business lines of credit have dried up, and financing is a lot tougher to gain. Large money financing is even harder. The restrictions are many. If you can find money you try to secure it.
This leaves very few ways to create and increase cash flow for a company. If a company is in a down spin they try to find ways to get out. In the last year or so EPGL had to re-invent. They created a digital format of their magazine and retooled. Transition into this had to cost money. Survival becomes the key. I don't know everything that happened, but I am more than understanding due to the economic situation, and the movement from print to digital.The CEO is not only responsible to the shareholders, but he is responsible to the workers and family members who rely on the income from EP to stay alive. So a CEO does what a CEO has to do and he finds ways to keep his company a float.
EPGL is still alive and has turned the corner. Things are happening. Relationships are maturing, product development, debt restructuring, etc. Even more positive developments, more disclosure and the CEO willing to talk and communicate. He is reaching out more so than ever before. He is being transparent and disclosing everything he possibly can. This is a man that won the man of the year award in Massachusetts. He is a good man trying to do an amazing thing. "Helping those who cannot help themselves".
Understanding this about EPGL Let's look at what the CEO has said in his own words on dilution and a reverse split:
Q&A on iHub site at the top of the page:
"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."
Does he care about shareholders: "Nothing is going to be implemented without the expressed approval of our shareholder group"
Question: Does he care about shareholders? Answer: Yes
Dilution: That being said, it is not our intention to implement a plan that will result in dilution for our shareholders.
Intention = Planned or meant
Implement = Put into effect
will = expressing inevitable events
Question: Will there be dilution? Answer: No
Reverse Split: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.
Acutely = experienced to a severe degree
Cognizant = Aware of
Question: Are they aware of the negative vote by shareholders for a reverse split? Answer: Yes
Question: Is a reverse split or increased authorized shares being considered? Answer: No
Back to first question...Does he care about shareholders? Answer: Yes
Question: Would they do a reverse split knowing how important this issue is to shareholders? Answer: No
It is that simple. Time to drop the subject. I am not sure how this can be seen as a negative.
Take the time to listen the CEO give his speech at the genetic alliance. Listen to the whole talk. He talks about integrity and leadership. One of the most inspirational talks I have ever heard. I loved it. He believes what he said. He tries to live what he teaches. He is not perfect, but he is principled, and trying to build a company, shareholder value, and a revolution of help for the special needs industry. It is simple amazing. I applaud the company, the man Joseph Valenzano and they have my complete support.
I understand that you are trying to protect the newbies, but you are doing more harm to them than good. You are keeping them away with fear. Especially when this has been addressed over and over. It is like going to the doctor telling him you think you have cancer and he runs all the tests and they come back negative. He tells you over and over again that you don't have cancer and you are fine. You still can't believe that what he is telling you is true and you know that someday you could get cancer.
Same is the case here. There is no reverse split possibility at all right now. Look to all the signs the CEO and PR's are giving. This is a company on the rise, not on the decline. Companies use reverse splits when they are in trouble, not when they are growing, and have all kinds of opportunities in front of them. Don't scare the newbies. Everyone knows when you invest that the money you invest is at risk. No risk, no reward.
The best thing they can do is their own DD. Read the PR's, go to the website, read the Q&A's. If you take the short cut on DD and just ask everybody on the board what they are doing you will make bad decisions. If you read all that stuff, you would be able to see what they are trying to tell you. You will see where this company is headed. Do the DD!!! Your talk of reverse split would go away pretty quickly. I don't want anyone to make a bad choice either, so that is why I am going back and forth with you on this. I don't want them to stay away because of something they are worried about that isn't even an issue.
Peace!
The reverse split is a non-issue. Especially with the way things are developing for the company. The CEO has said this multiple times. In fact so many it is almost funny that he has to keep saying it over and over again.
This is from the Q&A on Ihub board.
"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."
There is too many exciting things going on right now. Enjoy this. Their network is huge. They keep reminding us of that in PR's. They have amazing relationships. Think about it...If you have the logistics in place to get a product out fast and quick endorsed by the right people, imagine the possibilities. EP is unlike any other sub penny stock out there. They actually are a business, and have an amazing product. Their recognition, and success will be coming...
The talk about the reverse split needs to go away...
Really? Wow! I have had enough of these negative posts about the CEO. I have read these boards for over a year. I have never commented until now. Reverse splits, dilution, all the negative talk. Why would a CEO do that when he is converting the money he is owed to shares of stock. That would be a last resort.
The CEO is a good man who is passionate about his work. If he didn't care about the shareholders why would he take his time to answer phone calls, emails, put out pr's, answer Q&A's, etc. The man has sacrificed everything for this company. He loves his work, his purpose, and gives all he has to his company. Sometimes in life we desire our company's and lives to be certain way, but life throws us off our path temporarily. We have to adjust and make the best decisions we can at that time. Joe does a very fine job. He is not a perfect human being, but none of us are. If we were we wouldn't be on this board worried about a couple of grand we lost. Give me a break get a part time job at home depot and you make that up in a month.
These people complaining about Joe are the same ones that would have pushed Steve Jobs from Apple out. Joe's day will come. The network is there. The opportunities are lining up, and the growth, and explosion will come with time. Instead of personal attacks on a good man, why don't you find something better to do with you time. Many people may have lost thousands on the investment, but it looks to me like there are those that lose that much in lost time on this message board. Plus the game isn't over. EPGL is still in business. Get to work and help the company grow, and get the word out about their products. Protect your investment by working harder for the company and their brand. Instead of tearing them down, and self-fulfilling your prophecy by your negativity. The more people that say this company is junk, the more people they turn away from it. You are doing those people a disservice. If this company continues to develop relationships and contracts in the way they have been doing this could snowball. If it does those people will have missed out on a huge opportunity. The few hundreds of dollars they invested here will be insignificant from what they could make if this takes off.
I listened to a talk Joe gave at the genetic alliance conference on Integrity and Leadership. It was sincere and impressive. I was completely inspired by that talk and I listen to it often. This is a good man, with a big heart. I support him and stand by this company. I have emailed Joe and talked to him in person, and my experience was the opposite. He is the real deal! I was inspired and determined to help this company any way I can. They have a unique purpose. They are actually helping people improve their lives, and situations. Many on this board are only concerned about helping themselves and how their investment is doing. Help someone get what they want, and you will get what you are wanting as a by-product.
EPGL is lucky to have Joe Valenzano as their CEO. I completely trust him, and back him. There are not many CEO's with his outlook and drive. I have invested this company for over a year. I don't see my investment as lost money, but as a huge opportunity for growth. There is no other penny out there with the network, or infrastructure in place to do such amazing things as this company can and will do. No one knows the timing and how soon this will happen, but whether it is 1, 2 or 3 years I will be here waiting and helping any way I can. With a network like theirs, and all the relationships they have overcoming their current debt situation is nothing. One great product could wipe that debt out in a matter of months. I think you all are missing the big picture. Be a builder, not a destroyer. There are enough people out their that are negative, that when the positive ones, the believers come along they actually change the world. Joe Valenzano is a believer and will help change the world in this arena of disabilities and special needs.
I have never posted before and I may not post again. But I needed to set the record straight and stand up for a good person and an amazing company. Peace!