EPGL.... here is another...."In the first quarter of 2008, the Company entered into discussion with the NIR Group, LLC with the intent of restructuring all of the Company's outstanding debt obligations to AJW Capital Partners, LLC, AJW Offshore, Ltd., AJW Qualified Partners, LLC and New Millenium Capital Partners II, LLC. The intended restructuring is to, among other things, extend the current maturity date of all principal amounts due during 2008 for an additional two years. It is expected that the Company and the NIR Group will formalize the restructuring through a revised financing agreement or an addendum to the current agreement prior to September 1, 2008"
"For the six months ended June 30, 2008 and 2007 the Company did not issue any of its common stock, except in connection with conversion if its debt".
