The new company will be a separate entity entirely, period.
Michael Hayes can do whatever he wishes with assets he owns or controls. He could give them to the salvation army if he wanted.
Just because it is called a "gift" or some can call it a reward doesn't make it illegal.
Hell, as a shareholder of EPGL you do not even have to accept the shares, but if you are not a shareholder of EPGL you are not entitled to pre IPO sales or "gifts" either. But if you want in you have to wait til IPO offering.
If it is a bust, I lose nothing, absolutely nothing; but if it succeeds I will wait for IPO offering and sell the shit outta these shares.
Pretty damn simple!!!
$$$$$$$$$$$$$$$$$$$$$$$ EPGL/???? $$$$$$$$$$$$$$$$$$$$$$
All opinions are my own. "I earn money the hard way,,,, I work for it"
