Electronic Game Card, Inc (fka EGMIQ)

[okvestor]

The suggestion of bankruptcy could be a solution to the problem you have described. Lawsuits take time and money, and the funds in question remain outside of EGMI's reach until judgement is rendered -- likely years down the road. With a bankruptcy filing, the court can secure and protect the assets while any questions are resolved.

I know it's hard to rely on previous financial statements, but my understanding is that EGMI has very few debts or creditors, outside of the stockholders. As unusual as it may be, this may be one case where a bankruptcy filing could benefit stockholders.