My email to Steve:
Hi Steve,
I just wanted to reach out today and again as I have before, express my frustration along with other shareholders in the daily manipulation happening with your guys stock. Every day on the Level II, OTCX plays endless games literally walking the price up or down to whatever that broker feels like. Every long term investor has seen this action endlessly, and now therefore have eliminated any desire to buy more shares, hence the complete lack of buying pressure lately.
You guys said you hired ShareIntel to find out where this manipulation has been coming from, yet not one single update has been given since, when it seems there has been plenty of time to at least develop a case on ShareIntels side. It seems like more and more longterm investors, including myself are starting to feel as if this was just a smokescreen of sorts, and are loosing confidence in a big way with this manipulation. I truly hope you are expressing to Alan how important it is to issue an update on this, even if the investigation isn't complete, what you guys will plan to do with the information you receive and what not. Although updates on everything else you guys have going on is awesome, it seem the only news that can bring back some buying pressure and confidence here is one that shows Endonovo's legitimacy in tackling this daily, constant manipulation and staying much more transparent with shareholders throughout this process.
I really hope you can do everything in your power as Vice President of Investor Relations to demonstrate to upper management how important of an issue this is to many of the roughly 350 investors of Endonovo.
Andrew's response to me today:
Thank you for your interest in Endonovo.
I received the below email which you had some questions regarding Endonovo.
I would like to express to you that I understand your frustration and am pleased to reply to your questions and suggestions regarding stock manipulation.
As you know, Endonovo retained Shareintel to research and monitor the trading activity in ENDV. This is an ongoing process that Shareintel is conducting. At this time, the company prefers not to make an official statement regarding the matter.
Please note, ENDV NOT making an official statement is not a 'smokescreen' or plan to frustrate shareholders. Based on the past findings and current and continued monitoring by Shareintel, it would be best for Endonovo to continue to gather information and then in conjunction with Shareintel and/or ENDV lawyers and/or S.E.C. and/or FINRA and/or other entities and governing bodies make decisions regarding next steps to be considered and taken.
The monitoring of trading activity is a process and not one that can have a final determination and or plan of action in a short period of time.
AI
