Energy Finders Inc (EGYF)

[Traderfan]

Well, when EGYF went silent past the promised deadline, that was not a great sign

Yes that wasn't good and let's be honest, this here was very fishy all over through most of the time, you and me we often said so here in the past. They looked into doing a deal with this shell for 6 months or longer and then they came out and told the market there are issues and they need to look into it for another 5 months or how long. That alone sounds fishy or not? Who needs a year to decide if he will use this shell or not? Nobody even knew which part of Datatechnics they will put in here so that was another weird thing. So now they go quiet and suddenly EGYF is on the backburner. It's just not a normal approach usually.

92 Million OS almost, so if an RS is coming let’s hope they leave it at no more than 1 Share for every 10 to 100 Shares. Glad I did not throw the Kitchen sink at this Ticker if your suspicion of an R/S turns out to be true

Just to make it clear. I haven't been in on this conversation from Highspeed so he would be the only one who can paraphrase what they exactly said and in what context. That's why I asked. I have absolutely no knowledge about a RS or anything, all I know is if a pinksheet stock is starting to talk about restructuring then it's clear what usually happens over time. Anybody who is in this business for a while knows this. Now they might have used this word in the wrong spot or whatever and then the situation is a different one. Problem is we won't know anything for a few months if they indeed put the shell on the backburner.