Tuesday, August 10, 2021 10:50:10 AM
<< if this ends up in the Expert or Gray market its not going to be a happy day for investors...yup you're right this is turning into gamble >>
There is no possible way that this goes Pink by Friday. They haven't even uploaded fins yet. And even if they upload them by the end of the day, there is no way that the OTC will be able to review them by Friday. There is a huge backload of filings that the OTC is trying to deal with (due to the fact that a LOT of penny stocks are trying to get current).
That means that (starting Monday), many large brokerages will only allow liquidations of the stock. That will create a lot of selling pressure which will drive the price down. That downwards pressure has already started and will only continue to increase through this week and next.
There is no possible way that this goes Pink by Friday. They haven't even uploaded fins yet. And even if they upload them by the end of the day, there is no way that the OTC will be able to review them by Friday. There is a huge backload of filings that the OTC is trying to deal with (due to the fact that a LOT of penny stocks are trying to get current).
That means that (starting Monday), many large brokerages will only allow liquidations of the stock. That will create a lot of selling pressure which will drive the price down. That downwards pressure has already started and will only continue to increase through this week and next.
Recent EEGI News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 04/15/2026 08:23:28 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/31/2026 05:30:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2025 09:02:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2025 02:54:18 PM
