Look at EGMI chart since it hit they greys
Constantly lower price trend, with less and less volume. Price right now is down about 50% from where it first hit the greys last month.
I hope I'm wrong, but it looks like EGMI is being smothered into oblivion. At this point, I just want to know who choked it to death, when, and how. Then I'll go away and put EGMI behind me as a distant memory.
Maybe the real reason the "financial doctors" who allegedly are "advising" EGMI have not issued any PRs at all or taken any visible action whatsoever thus far, is because the EGMI patient was "dead on arrival" by the time they were called in.
I know I sound like a broken record at this point, but I really, really, really, really hope someone goes to prison over this scam. The stock has lost about $80 million in market cap in about the past 3 months, which is about a 90% drop in market cap. Some of that $80 million came out of my pocket, and if you're reading this, I expect some of it came out of your pocket too. And no, the class action lawyers won't get that back for you- maybe 1 or 2 cents on the dollar of your losses, if you're fortunate. And you'll be waiting a year or more to get even that.
What someone on this board really needs to find out is when the criminal investigation will be opened on EGMI, if it hasn't been already. Are the fed's here and in UK really going to let $12 million evaporate (or fabricated and fraudulently reported to begin with) without investigating for criminal wrongdoing? Heck, even if my mom's purse with with only $12 in it gets snatched, at least the cops will open a criminal case. I'd hope they'd put some serious resources on a case involving $12 million in missing or fabricated cash. Doesn't Sarbanes Oxley have any teeth? Come on FBI and Scotland Yard- pull out your financial bloodhounds and chase down the perp and cuff him (or her)! And, please post a picture on the TV or in a newspaper so we all can see the perp walk.
AI
