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I remember when you were a new trader here….you happened to get lucky on a few first tickers. At that time period you could throw a dart blindfolded and hit a winner. I don’t agree with you….this market needs to continually be cleaned up and that’s why the SEC clamped down. Should we just rationalize white collar crime? The person who resorts to crime due to poverty goes to jail but the white collar criminal gets a get out of jail free card because these are the unspoken rules of the OTC? Nah get your head in check.
Blah blah blah…..how ironic and delusional these statements are in my opinion.
Folks,,, does anyone know where the last financials went regarding EGOC??? Vanished? Tic Toc
Come on Marty….”Americans”? Doesn’t the flag that you salute have 50 stars and 13 stripes?
As far as talking about a 5 year plan for an OTC ticker….that's comical. I would suggest you take a look at the average 5 year charts on the OTC. EGOC isn’t going to fall into that exceptional category nor will it be in that legitimate category at the pace it’s going…..red flag after red flag after red flag.
If it walks like a duck, quacks like a duck, well you’re American….you know the rest!
Tic Toc
Marty…I mean doogie….you may not, but the innocent do, especially the-youngsters who think this market, for the most part, is a legitimate trading market. Many of them are naive to the slime that sit in the Cayman Islands living off of the dime they essentially steal.
Lol, I have to say, I wouldn’t want to have you on my team with that philosophy….I’d bench you or trade you. Nice condoning of nonsense. This ticker reeks of 5 day old worn socks and doogie $hit.
You continually prove my point….thank you.
It might just surprise you to know that many of the silent ones share my sentiment and are completely fed up with the manipulative pump and dump antics you spew on the board. They see it as a direct insult to their intelligence, considering the antics are so obvious and juvenile. It may further surprise you that some of the newbies hold you personally responsible for their status as bag holders. The reason behind their silence is the fact that they’re processing their losses and don’t want to engage in your continual manipulations and mockery (ad hominem). These investors are only here because they’re already 95 percent down on their buy in prices. They basically see you in comparison to a sleazy and conniving used car salesman. Isn’t it ironic, isn’t that what you use to do? I tell them…never forget who encouraged the buying at $2.00 and $1.00 professing how those share prices were a steal. You’ll always find motive when you look at the behavior. I can’t recall anyone else encouraging buying here so persistently as yourself. If it walks like a duck and quacks like a duck, well you know the rest. Zzzzz
By the way….where are the financials? Tic Toc
Martha….You do notice how no one responds to any of your posts because the content is never enriching nor has anything to do with EGOC as a company….all just pumping antics? As far as having nothing to really talk about…that’s not entirely your fault….there isn’t a company to talk about. That must eat you up inside knowing that you are only amusing yourself and literally talking to yourself, outside of the attention Casper or myself gives you?
Do you ever answer a question or just spew nonsense?
How’d the PlayStation golf go this afternoon?
Remind me….what does it mean when a company has a yield sign?
Remind me…where are the financials?
Tic Toc Tic Toc
That’s a lot of golfing for living on the east coast during this time of year….is that PlayStation golf?
Marge….You really are the biggest tool on this board….I’ve seen nothing of value in anything you’ve posted to date. Once again who is “we”? Are they imaginary friends because I see absolutely no supporters of your theories on this board? If there is a supporter….raise your hand…I’d be curious. The few in agreement you had in the beginning have long flew the coup.
Who is “We”? Will the “WE” please stand up? If you are speaking on behalf of others it would be beneficial for them to self-identify….we don’t want to see any identity crises in the room. Are these elves in the woods?
On another note….the irony within your comment “just admit that you got it wrong again” is one of the highlights of that post.
You can’t make this stuff up! Lol
Of course you would cream your pants or as you stated…have “leakage”. Restricted shares that are converted to common are most certainly not going to sell at these price levels nor could enough of those shares be sold into the public’s hands due to a lack of interest. Insiders are going to want to see this share price ran down prior to attempting to sell the bulk of those worthless shares. Remind me…what does this company do? It’s a shell right?
A group can come in and run a pump and dump on a worthless company and create volume, but that won’t happen until the price is in trips. This ticker is crap. Tic Toc.
By the way you must be exhausted trying to convince everyone this $hit sandwich they are eating is roast beef? I’m actually entertained by all the entry level manipulative tactics….Tic Toc
Still up to the same simpleton and juvenile ad hominem antics? Pathetic. Tic Toc tic Toc
Folks, in my opinion….here is what I see currently happening behind the scenes with EGOC management. Of course this is speculative, considering there hasn’t been an official press release to substantiate this assessment. With coming to this conclusion, I’ve decided to take an optimistic approach, so take it for what it’s worth. If it’s true, at least there’s a pulse to this company.
I believe the company has hired a PR firm for some image clean-up. I believe they were aware that they were in hot water with shareholders when shareholders started to call them out.
So what do they do?
They look to their PR team to come to the rescue. The public relations staff develops a strategy to salvage the company’s reputation before even more damage can be done.
What is their approach….How does this PR campaign work?
Say you are debating and when you counter your opponent’s point, they realize they have nothing left to say, so they start making fun of you. This is called an ad hominem attack. This type of approach can also become even more specific. It can include the use of popular memes and references to movie lines , etc. to give the appearance of an upper hand.
How exciting is this if this speculation is true???? Can you imagine where the share price can go on this PR approach alone? Forget about financials and silly things like company assets, etc. we have jet fuel here!!!! To da moon we go!!!!!!!
I’m noticing….every time something significant is brought to the table regarding the company itself…..a diversion is created in the form of some silly comical play on words. I would be highly….I mean highly surprised if the rest of the board isn’t noticing the same antics. On another note….casper and myself are not the same people. As I previously mentioned, we are most likely two individuals who happen to see the same red flags regarding EGOC and are not allowing the “millionaire club” dreams get in the way of reality.
Martha….you can continue to avoid the obvious and pretend we are all standing there with you in la la land, but I notice the trading was dry as f$&k today…..like the Mojave Desert!!! Most are exercising common sense. The SEC has been notified and this ticker will go to the lot with the rest of the junk used cars that were once being pawned off as classics by dirty used car salesmen. ….wink wink.
You got it……and that one thing you mention…we all know is detrimental to the trading status of this ticker and rightfully so. Why should a company be excused from providing financial information about a publicly owned company, considering shareholder’s have a right to that information in a timely fashion, in order to manage their investment? Inexcusable and also why the SEC has implemented these rules.
In my opinion….this ticker has reeked from red flags for some time now, but this should put an end to it if they stay delinquent.
I know it’s tough to make a call regarding a ticker you own and would like to see profitable, but in my opinion, it’s better to have clear answers so you don’t need to sift through the morass of opinions. On another note, delinquent tickers like this deserve the SEC’s attention. Rule 15c2-11 was put into place to protect the shareholder from even further loss. If the SEC suspends the ticker the company will have to be responsible and comply. If they don’t then at least you know where this stands. Your investment energies can be better utilized elsewhere if that is the case. Truly….the outcome of the scenario lies in the companies hands and a big consideration is legitimacy or scam.
There is no you guys….we just happen to be two people that see the same red flags.
Why some may fixate on a few smaller trades that could also be some novice buyer, or someone misreading the tea leaves regarding doom and gloom….I’ll keep my attention on the company. There are numerous red flags, including a failure to file for over 60 days, which places this ticker in a high risk….higher probability of failure category. I wouldn’t touch this ticker without a company update and that seems to be the general consensus based on the lack of buying. Tic Toc
If someone was assured on the potential success of this EGOC ticker, they wouldn’t be bid sitting, they’d be slapping the ask??
I’m still waiting for your explanation?
Marty you can try and try and try some more….I don’t bash stocks for a living, but I’ll be here keeping things in perspective. How about replying to the bid sitting question I posted to the board since it has more to do with the value of EGOC as a company and less to do with me.
Serious question….I would expect a response. Why be a bid sitter if you have an overwhelming sense of positivity toward this ticker? After all… these shares were an absolute steal at price points of $2.00 and $1.00. If EGOC shares were a steal at $2.00 and $1.00 then this current price level of .09 must be a supercalifragilisticeexpialidocious steal!!!
They call that greed. If you already have EGOC shares and you believe in this ticker….a savvy investor or trader would be slapping the ask knowing he/she was simultaneously increasing the value of their other shares. You should walk this all the way up to $2.00???
Of course, you wouldn’t do that if you had a hunch it would just slide right back down.
Those two buys are nothing much to get excited about. Could easily be buys to create a false sense of interest and provoke more buying. After all, there have been no catalyst and red flags are pointing in the opposite direction. I look at the whole equation and I find it ironic that there has been a perfectly timed reappearance of enthusiastic posts to the board. Very calculated in my opinion. Someone has shares to sell.
Exactly….I know that as well. If they would have done another cut & paste boiler type filing, I personally think the hole dug deeper due to the contradictions in the press release. I’m sure they feel the heat and in my opinion the flame only gets hotter from here.
Unless I’ve forgotten….please name another occurrence in which the newly formed merger was over 60 days delinquent?
The “company” could have followed SEC regulations and filed financials timely and many existing or new investors could have made an educated decision (based in transparency) regarding buying or selling shares.
Another point worth considering is the fact that this scenario of delinquent financials encourages insider trading whether it means buying or selling. There is absolutely no justification to operate like this with what is supposed to be a newly formed merger unless there is something to hide….and in that case I expect to see all men and women jumping overboard and the ship left out at sea. IMO
What can I say….you’ve served as a motivation for many.
Let’s see what EGOC has in their hand. This is a public company also owned by public shareholders…..
Michael Paley
Assistant Regional Director, SEC’s New York Regional Office
(212) 336-0145
I’m sure he would be happy to explain timelines. You can also bring to his attention any concerns you have regarding EGOC.
(now does anyone really believe the nonsense that I would be buying shares…..but hey if you want to poke the bear….the bear will come out of the den)
Presumptuous that you refer to the buyer as “smart”. Could be 1 of 200 scenarios that I won’t get into because it’s a waste of a lot of energy when it falls on deaf ears. It’s also ironic when there is nothing to talk about regarding the company (EGOC) that supposedly exists….the topic of discussion continues to focus on everything outside of the company. The burden of proof lies on the company….I have personally fallen for these traps in the past so if I help a young trader or two look behind the dark corners with caution….totally worth it. It’s what you call decency and it used to exist in our culture.
https://www.finra.org/investors/investing/investment-products/stocks/trading-halts-delays-suspensions
https://www.sec.gov/news/press-release/2020-212
“These retail investor-focused improvements to Rule 15c2-11 are long overdue,” said SEC Chairman Jay Clayton. “The technological advancements that have taken place since the rule was last amended enable us to require that information in the OTC market be more timely, enabling investors to make better informed investment decisions, and reducing fraud in these markets where retail presence is significant and, unfortunately, pump-and-dump and other frauds are too common.”
“ Securities that trade on the OTC market are primarily owned by retail investors. Because broker-dealers play an integral role in facilitating access to OTC securities and serve an important gatekeeper function, Rule 15c2-11 requires broker-dealers to review key, basic issuer information before initiating or resuming quotations for the issuer’s security in the OTC market.”
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins/investor-5
“Will trading automatically resume after ten days?
It depends on the market where the stock trades. Different rules apply in different markets.
For stocks that quote in the OTC market (e.g., stocks quoted on Global OTC ATS and OTC Link ATS, among other venues), quoting does not automatically resume when a ten-day suspension ends. Before OTC stock quoting can resume after a suspension period, SEC regulations require a broker-dealer to review specific information about the company in accordance with Exchange Act Rule 15c2-11 and FINRA Rule 6432. If a broker-dealer does not have confidence that a company's financial statements are reasonably current and accurate in all material respects, especially in light of the questions that may have been raised by the SEC suspension action, then a broker-dealer may not publish a quote for the company's stock. Additionally, Rule 15c2-11 specifies information about the issuer that must be current and publicly available for a broker-dealer to resume proprietary quotations in a security, including securities that have been the subject of a trading suspension. The OTC markets function through dealer systems where only broker-dealers may quote and facilitate trading in OTC stocks.”
https://www.sec.gov/news/press/2011/2011-120.htm
I’m also not telling anyone to sell their shares of EGOC….they are already bag holders and on average their shares are probably worth around 5% of their initial cost values. What I’m suggesting to the numerous people I speak to on this board is not to buy considering the fact that this ticker is most likely going defunct. BIG Difference. I actually hope existing shareholders are able to recoup those investments and the company acts as a responsible company and follows SEC regulatory guidelines. No one should buy a stock when EGOC isn’t compliant
considering the SEC imposes these regulatory guidelines for the investment safety of the shareholder. It’s to create transparency when it comes to financial numbers. This is a publicly traded company and no publicly traded company is exempt from these regulatory guidelines. This company failed to even file an extension upon due date. Not that it would have mattered….we are well beyond 15 days….but that’s even more concerning.
I would say that the selling dried up because many would rather take their chances and go down with the ship than recoup 5% of their initial costs and some are riding free shares.
The share structure doesn’t mean a thing if a company, EGOC for example, doesn’t essentially exist based on a failure to file status and a merger which is looking more and more like smoke and mirrors. The value of $0 is $0 regardless of the share structure. I own another ticker….same thing…..currently on the expert market. The company performed a reverse split which brought the outstanding shares below 5 million and then literally disappeared…..never said another word. The company has been defunct since 2017. It trades on the expert market at .0001. You know what that places the market cap at? $500!
EGOC is heading in the same direction…..tic Toc
The reverse stock split isn’t current news and the share structure was in error for months on OTC markets until we notified them to discuss the inconsistency between the listing and the financials. The company has done nothing to rationalize or capitalize on this stock split and the share price has slid from $2.00 plus to .08. A stock price of .08 is equivalent to .0003 pre-split. Failure.
One needs to pay attention to the timeline…..this is clearly a failed reverse merger. The last noted financials revealed there were no assets added to the shell outside of a few meaningless dollars despite a press release talking about infrastructure related proceedings. The company also withdrew from a name change stating its reasoning was related to not wanting to delay their growth progressions. These proceedings would have taken place in 2023. Failed. Also the company is over 60 days delayed in filing financials and failed to even meet regulatory practices of filing an extension for 15 days.
“ LOL well like I just said in my previous post !! There you have it. More of the same as we wait to see what direction EGOC goes.. Either they eventually get current or EGOC gets gobbled up by someone else or some other entity in the not too distant future.. That's only 2 possible outcomes.. the field is wide open and I find that to be exciting!! Do they follow through with their stated goals in their press releases????
At current prices and share structure I am hugely optimistic about what direction this will eventually go!! just my opinions. Good night everyone!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173788414”
Here is your post word from word.
It’s ridiculous to think that there is some sort of organized tag-team, doom and gloom campaign going on here in order to try and buy cheaper shares.
Does this type of thing occur in the OTC? In my opinion…Yes. On the flip side, I would also point out that the opposite side of the coin occurs as well. You know the eternal optimism and continual suggestion to buy so that someone else can dump shares? Yes that occurs too in my opinion.
Now getting back to this doom and gloom accusation specifically pertaining to EGOC. I’ll address it since it was in reference to my posts.
No…..this is not what is happening here. You want to know the obvious reason why?
It’s actually ridiculous if you look at the ticker tape along with L2. There is very little buying interest of this ticker and anyone interested in shares has had plenty of opportunity to load the boat. It’s even more ridiculous when you look at the chart and see that this ticker has been nothing more than a falling knife. Any “cheaper” shares that could have been bought along the way ($2.00 to $1.00 to .08) are essentially all loosing money. Anyone who bought is a bag holder. Personally, I wouldn’t go near this ticker considering the true bottom is .0001. Many may think that price point is impossible, but take a look at what happens to a stock price if a ticker is suspended or ends up on the gray market.
Many of us have been here since the custodianship and some may have owned this when it was a prior company as well. I know, as an educated investor, I buy shares with the intent of waiting and analyzing any data which is brought into the equation along the way. This is primarily official filings and announcements. As time passes, sentiments can become stronger which could translate into buying more shares or sentiments can wesken, which could translate into selling shares. It’s that simple. Now let’s take a look at this company since that’s what it is all about. I’ll just address a few red flags since the list is extensive.
The most obvious red flag here is the fact that the company failed to file its financials and failed to even file an extension. Some may point out that they have been late in the last, but over 60 days late is excessive compared to the delays of the past. The SEC regulations have tightened and this company is a candidate for being suspended on this failure to file alone. You really have to ask yourself why a newly merging company would put itself in this situation? No matter what your conclusion is…it’s a HUGE red flag to an investor.
Also….the company withdrew its application for a name change and also had an issue with a particular party surrendering previously issued shares. The explanation for withdrawing the application states they wanted to move forward in a timely manner. Remember 2023 was the year? All anyone has to do is look at the most recent financials and see that this is basically a shell. All this mention of infrastructure that was being implemented….where is it reflected in the financials?
Lastly…..I would suggest taking a look at the last known financials and evaluate the restricted shares. When is the conversion dates?
Personally, I wouldn’t be buying any shares here without a company update. Someone needs to sell shares, and as long as guppies are willing to drink the kool aid, those shares will change hands. The seller doesn’t care if they sell at .08 or .06 or .04 or below. Take a look at L2 and you’ll understand there is minimal interest. Placing bid support is also strategic to prevent the bottom from falling out.
"Either they eventually get current or EGOC gets gobbled up by someone else or some other entity in the not too distant future.. That's only 2 possible outcomes.."
Casper….I agree. How can this statement even be close to resembling the truth as far as insinuating “That’s only 2 possible outcomes”?
If any traders have questions about what happens to a stock ticker that ends up on the gray market, they should do some research to verify the facts. Almost all stock tickers that end up on the gray market stay there. It’s a bone yard. Anyone who expresses a level of optimism regarding a gray market status, or a nonchalant attitude about the ease of coming back from the gray market, has no idea what they are talking about or is attempting to entice others into buying shares at their own expense.
Time has already ran out for this ticker….this ticker is days away from being suspended. The SEC has certain requirements which need to be met, especially when it comes to timely filings. This is implemented to protect the investor and create financial transparency. This company didn’t even file an extension and a company registration can’t be found. The SEC needs to do its job and suspend this ticker.
This company has no more or less privilege than any other company trading on the OTC….they don’t get to make up their own timelines. Be ready folks….this ticker deserves a status in the gray market.
This ticker is done. Tic Toc suspension soon.
Personally….i don’t think any of the individuals behind this supposed merger will post financials. In my opinion, there was never a business model with legitimate intentions, probably more of a laundering or share selling scheme or an opportunity for the previous company shareholders to liquidate their bags. I’m sure there have been numerous complaints to the SEC so I’m assuming eyes are watching. I’m guessing we are witnessing a walk away. Posting financials may be too risky as far as walking further down the fraud trail. For the shareholders….I would hope these opinions are wrong, but too many red flags and shareholders are already up against the odds trading on the OTC. I think it’s safe to say, most of the tickers on the OTC are share selling schemes anyways to enrich insiders. Even for the few legit, these companies can’t get traditional bank financing so they sell shares at the common shareholder’s expense.
I find it amazing to hear about all these company accomplishments….yet when you reference the financials…..I see nothing to reflect it in numbers.