Energy Finders Inc (EGYF)

[Microlytics]

One CEO owning the shell for 7+ years and starting to communicate over 2+ months is actually the opposite of fishy in the OTC 99% of the time.

With EGYF the consensus has always been the CEO should focus on the tech & IP and hire others for everything else IMO. Hopefully that's what happening. As trader 59 says he's not going to put all his IP in here at once and if he does put it in he will likely issue some commons to himself to pay for it. No big deal if that's what starts the business.

As shareholders the best case would be some IP coming in with existing revenue however there are recent OTC examples which have gotten shell status off by adding significant land assets to a balance sheet, ect.

A company should be operational to have its shell status removed IMO. Working phone number, office open from 8-5, working toward or accumulating revenue, ect.

The hope of many EGYF supporters is that the IP he adds will add immediate value and start to justify a market cap above 15M based on the business intentions & scale potential. His reputation is top 1% compared to most OTC companies. He would either be preparing the shell for sale or putting something of his own in it. The "Interim Update" & Twitter postings suggest #2.