Electronic Game Card, Inc (fka EGMIQ)

[pegasus1]

Good question. I too think they're in personal survival mode. Unless the consultants are keeping some of the focus on business strategy.

If there was a Chinalot agreement in the works, sure hope it's salvageable. The immense damage to the credibility of management can't be conducive to deal-making.

I'm hanging on hoping for a long term recovery in the share price. Long term being 6 months or until the financial statements are reissued. The headwinds are significant...they have to release statements that aren't massively restated and then reestablish listing criteria just to get on the BB? And right the ship, bring on credible and competent board members and the list goes on.

If the company has any value, it could be an acquisition target at fire sale price. The potential outstanding legal liability is a huge barrier to that happening.