Electronic Game Card, Inc (fka EGMIQ)

[Rawnoc]

Gee.

"This fact, among others, calls into question, among other things, the validity of the preferred stock and the accuracy of disclosures relating to capitalization and similar matters in EGCI’s historical financial statements, periodic reports and proxy statements filed with the Securities and Exchange Commission (the “SEC”)."
http://sec.gov/Archives/edgar/data/1083036/000119983510000363/exhibit_99-1.htm

Posted by: Rawnoc Date: Friday, April 09, 2010 12:27:23 PM
In reply to: dickmilde who wrote msg# 13558 Post # of 14115

Exactly why I bailed in 2009:

>> Linden needs to explain/ reconcile the difference between the activity summary and what was published in the last 10Q. <<

1. Share count mumbers didn't add up even close.
2. The trading of the stock made it obvious that the share count was FAR higher. 200 million wouldn't surprise me.