EP Global Communications Inc fka EPGL

[dndneph]

Oh? CEO is converting more than half his debt into EPGL shares. That's a very bullish sign on his part. I suggest you read the DD's posted up top.

Directly from CEO in Q&A:

Q You recently announced you have reached a restructure agreement with the major debt holders. With this restructure in place, can all your goals be accomplished without raising authorized share amounts or reverse split?


A We have reached an agreement in principle with our major debt holder, NIR and the details of that agreement need to be solidified and then voted on by shareholders. Nothing is going to be implemented without the expressed approval of our shareholder group. That being said, it is not our intention to implement a plan that will result in dilution for our shareholders. We are acutely cognizant of the negative vote of our shareholder group when a reverse split was proposed last year. Nothing in any of the press releases issued by our company makes mention of a reverse split or increase in authorized shares.