"Biggest Issue IMO is EI needs to show all shareholders that shares are done being issued."
Maybe I'm naive, but I think the biggest issue is that EI has to show the ability to generate significant amounts of orders, and establish a proportional cost and expense base. At some point in time, the cash flow statement has to reflect something besides the conversion of common stock to pay off debt and current expenses.
Their last balance sheet reflected a couple hundred thousand of current assets, aside from inventory, and nearly one and one-half million in debt.
Without a new credit line, and soon.....the share question will become moot.