Enable IPC Corp. (fka EIPC)

[JStefano1]

Here's a possible scenario: The float is about 50 million. The outstanding shares are about 240M. That means that there are 190M shares of stock in the possession of the company, company insiders, and/or folks that invested in the company's future as private individuals or as venture capital groups. Some of those outstanding shares could be restricted, but those restrictions could be off of many of those shares. Yesterday, someone bought half of the float, about 25M shares. There's no telling yet how many of the non-float shares that those person(s) (could be a group of people, insiders, or a company) already had. We know that the purchase was above 5% of the outstanding shares. There are SEC reporting requirements for different types of investors, and different percentages of ownership. For instance:

"Section 13(d) of the 1934 Act and Regulation 13D there-under require beneficial owners of more than 5% of a class of equity securities of a publicly traded company to file a report with the SEC."

https://www.investmentfundlawblog.com/resources/investments-by-funds/acquiring-5-publicly-traded-company/

Those reports must be filed in a time sensitive manner. Depending on the nature of the investor, it could be ten, 30 or 45 days. With yesterday's purchase, that entity, by law, will need to file and expose its identity, its purchase, and percent of ownership to the public. Someone on this message board should keep track of that. The purchaser may already have gained majority control of the company. It could be that no more "float" shares will be bought. It could be that the buyer is just waiting for the volume to return back to zero, at which time a mass purchase will again occur. I'm not selling what I have now until I know better what is going on.

The motivation for the 25M purchase has many possibilities. It could be that someone is preparing for an inverse merger to go public or to gain a presence in the U.S. It could be that someone knows something good that is about to happen with one of the EIPC patented technologies, the RFID technologies, or the application of the nano particle coating to different types of batteries. It could be that one of the RFID distributors or manufactures has decided to acquire the RFID ultra capacitor intellectual property by acquiring the company, so they can utilize the technology in other applications, or it could be something entirely different. We should know something in a month or less.