CapX, everybody knows already that $EGOC isn't yet pink current. The vast majority of custodianships are not pink current when custodianship is granted. That happens later. There's a process, which you know very well. There are more steps than this, but these are the big ones:
1) go through the Nevada courts and gain custodianship (done)
2) submit to the SEC documentation showing the custodianship along with supporting material (done via 8-K)
3) NVSOS updated with new officer information (submitted, will appear on NVSOS Silver Flume site within 1 to 4 weeks)
4) Catch up on delinquent Annual Reports (upcoming catalyst)
5) Pay delinquent fees to OTC Markets and submit Attorney Letter establishing that the company is current (upcoming catalyst)
6) OTC Markets reviews the filing and makes the determination that the company is pink current (upcoming catalyst).
7) Shop the shell around for an incoming reverse merger (upcoming catalyst).
These sorts of tickers play out over time, and custodianship plays aren't for everyone. Some work out very well for smart patient traders, others don't. I've won big on some and lost on others. They're risky if something goes wrong and you hold too long. But the reward can be enormous with the right one. TRD* ran 20,000% from .0001 to 2 cents. Looking over the chart--especially the insane volume load-up on the first few days of the run, and then the comparatively low volume climb to 2 cents over the ensuing months, $EGOC is so far acting comparably. You won't see this much volume on any other custodianship except XME*, which though it was loaded heavily in recent weeks I wouldn't touch due to the huge OS--there's no way to lock up that float.
Anyway, if you're going to spend so much time and energy here, it's fine, but yesterday you insisted the filings were fake and not on the SEC website. I posted the link to the $EGOC 8-K on the SEC's website. Now you're moving the goalpost to yell about how the company isn't even pink current. True, but of course it's not current--that's the nature of the early stages of custodianship. Why would Lazar spend the time and legal/accounting fees catching up on delinquent Annual Reports *before* he got custodianship? Of course that happens *after* he gets custodianship. It will be current at a future date. Lazar doesn't go through all the trouble and legal fees and court dates for nothing. They all move along, some fast and some slower. I'd guess there's motivation to get this one moving faster....
All my opinion except for all those facts I posted. Facts are facts.
GLTA
H
AI
