EP Global Communications Inc fka EPGL

[wobblenuts]

" Mr. Hayes, along with Pricewaterhouse Coopers agreed to restructure
the Company together in May 2012. With the amicable cooperation of Company
management at the time, the parties executed a Definitive Restructuring Agreement and
plan in June 2012. This plan was presented to shareholders for a Special Meeting and
vote to approve a 10:1 reverse split so the Company could be successfully reorganized
into a medical device manufacturer, while hopefully providing a way for long-time
shareholders of both the Company and NIR to potentially benefit and recoup some or
more of their previous losses. Mr. Hayes agreed to contribute the assets of his
privately held medical device company and Pricewaterhouse Coopers agreed to
convert 100% of the Company's debt to NIR Funds, to equity in the newly restructured
company. "

http://www.otcmarkets.com/financialReportViewer?symbol=EPGL&id=97710

All the shares were outstanding before the restructure, there was nothing to liquidate. PwC created the shares they control via the restructure. They should have thrown the whole file in the dumpster, but agreed to the restructure. They are just as involved as Hayes at this point, because they helped and agreed to create the shares.

$EPGL