Energy Finders Inc (EGYF)

[Microlytics]

Understanding how his preferred shares are different from the commons is relevant. I believe the CEO on the other symbol owns millions of commons from .05 cents or less so he is still up a fortune with the price down 50% from its nasdaq debut.

I raise that question because MZ has 6M preferred shares here not common shares. How does this impact his ability to make money via EGYF?

The 10-Q shows 24M other preferred shares available. Could these be given to venture capitalists or private investors for financing?

It seems like he's not setup to make a fortune off the success of EGYF. Best case scenario he would sell his shares through a buyout since they have voting rights attached to them? How else would he make any money back on the $1.5M he's spent to date. A hefty salary once licensing fees are in motion?

I've always been taught to follow the money to get answers. When a scam operates you can follow the filings and see "oh wow, they borrowed $90k for 20M convertibles shares at 50% market discount. This CEO doesn't give a **** about his investors, its just a charade and a salary until the music stops then rinse repeat on a new idea.

MZ has no salary and the quarterlies read "development phase" so what's the point? He's only giving and not taking so far. Very peculiar for OTC and hence why it's had my attention for some time.