They’re just making things up as they go. The stock is dead, so’s the company. There was a share exchange written up that gave the preferred shareholders of EMGE stock in another dead stinky pink.(KOAN), leaving the common shareholders of this one holding stock in nothing. The only mention of the common stock was on the last page of the exchange agreement where it said the reverse split was still pending.
These guys are stuck. There’s been no mention whatsoever about the common stock of EMGE and what the company will do with this empty subsidiary. The pumpers like to pretend their EMGE stock gives them ownership in the parent, but it doesn’t.
I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.