Electronic Game Card, Inc (fka EGMIQ)

[howsmydrivingal]

Right, at least they are not just trying to evaporate. Maybe they can't anyway.

Good: It seems to speak to me that they are attempting to protect something of value. Maybe they were forced into this by institutional level holders of this stock to do things better.

Bad: Could mean that they really don't have access to the 12 million or any way of really monetizing the investments and will be paying for professional sevices with equity (water current shareholders down) or spend out what scratch they have. I can't imagine not watering us down if they plan on raising capital unless they need help in negotiation of better contracts (i.e. avoiding being placed on a shelf like Scientific Games did to us).