Electronic Game Card, Inc (fka EGMIQ)

[kardon]

My interpretation: EGMI recognizes it is in a mess. GC Andersen acknowledges the same. Yet, GC does not view this as a lost cause or else they would not engage themselves since they'd never get paid. GC is going to put the infrastructure/procedures in place to set the company on the right path or sell the company. Additional capital likely means share dilution for us. However, at this price I am happy to be diluted for sake of financial stability and the higher caliber executives that will be brought on board. Based on valuation (if EPS is to be believed) the share price is absurd. So, dilute away. I don't care as long as we gain stability to enable a long tough ride back to a higher share price. Dilution comes if we get an investor and if not, then maybe we get an acquisition.