It means that they are not current with their filings. OTC is where you go to find out about penny stocks, in this particular case, no knowledgeable trader would want to even consider investing in EGYH because the stop sign hinders the prospect of the ticker going up. For example, I bought a stock sometime last year a million shares for 0.0003 and sold it for 0.05 cents in a matter of 4 hours, it then dropped to 0.003 in a matter of minutes because the ticker failed to file an 8k about their press release and therefore the Skull and Bones (OTC) issued a stop sign and everybody bailed immediately and most novice investors were left holding the bag. So, if they are not trying to fix the issue with the stop sign on OTC, that means they don't care and if they are asked a question about the concern, they have another answer that is totally irrelevant to my concern, like "it's your choice if you want invest or not". My advice to you is don't invest in penny stocks, go to the big board at least you can be much, much safer. I'll give you another example, I have another penny stock that I have a position in ASUV bought in 0.015 now it's at 0.046, today it 0.051, I am up 200% already on this and they are current with WWW.otcmarkets.com, there is rumor that it could go 0.30 or even possible $1.00 if a merger happens, but it's all speculation and if the merger happens the 1.00 is not too far fetched. Within the next couple of weeks if they don't issue some form of attorney letter to shareholders, I am out. Btw, they don't think that oil is going any lower, in-fact they think oil is going to trade between 50 and 60 by years end. So that hope is gone too.
AI
