The only people who made any money here in the past were MMG. If you happened to be around this one to flip it for a quick gain that would be the only money you could've taken to the bank. In all actuality the majority of the investors ended up holding bags. Ask around.
And that was before the "dream team" took over. Today nobody is making ANY money and chances are slim that will change for the better. Why is it you may ask. Let's do a quick refresher here:
Steve has .0001 in store for the EEGI investors. No business, no deals in the works, nothing. Nada. Zero. Triple zero. Before you pull up Kevin's name let me tell you that no business-savvy people would in their right mind sink big moneys in a pinky shell with outrageously high share structure. IMO! Steve dropped the ball by not doing DD prior to taking over the shell and I'm afraid Kevin might as well walk away on this one. EEGI is not gearing up for a major breakout by the looks of it.
Moving on. Whatever happened to the merger that the company issued stock for? That one, I'm afraid has never been in the works to begin with. Was the stock ever returned to the treasury? That was never communicated by the company. Gotta love the lack of shareholder transparency!
And finally whatever happened to the share buyback? Oh, that one was canceled and even more shares were issued to secure old debt stemming from the ex management. Again, it was Steve's job to secure a DD into the shell which I believe he got from MMG on the cheap. It appears to me that MMG are selling their shells away at any price they can get today.
That's how you puzzle it together. I totally hate to rain on your party but that's how this pos is presenting itself to me. Things might turn around and make us some money but as of right now I have a reasonable doubt about it.
Blew the only precious free post I have per day on this board. Treasure it wisely!
