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The story is just beginning. Now things can finally move forward. This is the time we have all waited for.
Who says they won’t? Shares haven’t been issued yet.
Warren Buffet disagrees. Berkshire Hathaway is a holding company. Just means EPGL may be following their lead and planning to have multiple companies under the holding company. That’s not a bad thing.
Maybe but if he was running then why go private and take shareholders with you? That’s not hiding.
Wait so EPGL HAD 700 shareholders 8 years ago. Today they have about the same number of shareholders 700. So most of those shareholders sold their shares and new shareholders bought? Haha. Riiiiiiiiiiiight!!!! Haha. Please most shareholders never sold all their shares and were adding and selling portions of their large share counts. It wasn’t new investors buying in. There may be a handful who have lost money but most are way....way.....ahead of where they started.
I agree. Things can move forward now with a clean slate. Exciting.
Well looks like they kept all their shares. 4.15 billion voted yes.
Looks like PWC votes “yes”. Why would they do that if it was a scam?
Please explain how they are taking shareholder money? They aren’t taking any shareholder money. Shares are being retired. Read the proxy. No money is being transferred. Your EPGL shares just become worthless. The value will be with InWith. That’s important to understand.
They gave what they had it seems. If investors don’t like it they can sell. Pretty simple.
Haven’t they said all along what the plan is? The Proxy explains it. They don’t have exact details yet or I am sure they would share them.
No it can’t read the article again you posted. It can’t be worn daily comfortably. It will dry the eye out.
Funny. They only worked with Coopervision in their labs perfecting the process.
Wearability is the key as well. The Korean one can’t be worn regularly.
It wouldn’t even be considered if they weren’t okay with it. Michael Hayes doesn’t have the flexibility to move forward without their blessing. Remember he has told everyone that over and over again. Why would Wilson Sonsini be involved? They wouldn’t be if this was shady.
The two companies are nothing alike. If you can’t see that I am sorry. Their purposes are very different. Claiming they are the same is not wise.
Not sure how dishonesty plays into that.
Haha. Viking isn’t an insider. Please. He was at the Vegas Conference as well. First time he had ever met Michael and David. Read his posts.
People want so bad to claim all these insiders and EPGL stooges. It is hilarious. People know what an insider is right? It is not equal to a knowledgeable shareholder.
Too funny. People have scared themselves to death. Crazy.
I have plenty. Never sold one share.
How have they not been honest?
Convince themselves? Ha. They just dont let fear guide their trading and investments. Opportunity for something like this is once in a lifetime.
The funny thing is when it’s all said and done Viking will be the one who turns out nailing it on the head. I have followed Viking for years and years. Dudes a straight arrow and is a pretty savvy investor. He does his research and knows what he is doing. Him being witH EPGL this whole time is pretty telling on what he thinks of everything.
Still please explain what they are gong to do? Go dark? Smh. The reason they are doing this is for the upside it gives them. Read the proxy. Even PWC is okay with this move. Must be a reason. Why would Wilson Sosini go along with it?
There is always risk, but this is obviously the best option. Shareholders have time to sell before if they want out.
Really so far the only two going from EPGL to InWith are D Markus and B Peterson.
Everyone else is new.
Please explain how he is a crook? I still have a hard time taking those accusations seriously, especially after all he has done to bring EPGL back from the brink, file quite a few patents, have 3 already received, get their technology rights back from Coopervision, and all this time he has made sure shareholders were apprised as to what is going on and is now making sure they benefit and have the chance to come along for the ride.
So he is a crook how?
He wasn’t involved with EPGL. He is involved with InWith. I don’t see the problem.
In the Proxy. They aren’t offering new shares.
http://www.epglmed.com/Docs/proxy2018.pdf
They are retiring the shares. How would they be raising money.
They are the same. Zero debt and the smaller 10M authorized share structure. Same percentage as in EPGL so that’s means all shares are accounted for.
Share value will be zero until there is a formal offer, an IPO or a marketplace where shares can be bought and sold.
That’s the risk. People can get out now if they want.
Doesn’t the authorized shares stay higher in a reverse split? So your shares are diluted?
That’s not what is happening here. Plus there is no liquidity now. If we all wanted to sell our shares we couldn’t. There is not enough volume.
In the proxy. 10M authorized share structure. Same equity as in EPGL. So that is 10M x 500 = 5B. Divide EPGL shares by 500.
Is that not right? That’s the conversion. It’s not a RS.
You have the conversion ratio. I am confused why you think you don’t?
Inwith isn’t paying anything for EPGL. It is a share conversion. Unless I am misunderstanding. I didn’t see anything about paying anything for EPGL. Said they were retiring the shares. That means Inwith is getting patents and IP. There is no cash exchanging hands.
The OTC isn’t a liquid market place. So true market value is hard to find on the OTC. If they knew the patents had no value they wouldn’t be doing all this.
Why would they do all this if there was no value in the patents? Don’t you think they would know that by now?
There is none. In fact it’s more of a liability for them. So why would they do it?
My question is this? What benefit is it to them if convert EPGL shares to Inwith? How does that benefit them financially? Honest question.
Unless they have plans to build Inwith and have someone buy them out or file an IPO it doesn’t benefit them.
So why would they do it? Just to play with investors? Makes no sense.
They obviously feel they can do something with InWith. They could just shut EPGL down and give us nothing. At least they are taking us for the ride.
Why does it matter? It’s only a couple days different?
Share price is for Inwith not EPGL. The proxy was for EPGL. That’s why.
How are you calculating the conversion? Seems you have under calculated.