EP Global Communications Inc fka EPGL

[Increasecometh]

Ok, so the N.I.R. Group is responsible for EPGL being dumped to .0001 because of their PIPE deal done back in 2008.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31515746

The toxic financing and subsequent death spiral resulted in similar situations for 95 other companies NIR has done deals with. EPGL on the list here.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=24074255

NIR Group and related parties aren't allowed to short the stock because it breaks the covenants of the PIPE loan terms. Shorting is the mechanism that allows profits to be amplified.

Because of the heavy shorting done by NIR (which goes against their PIPE agreement and is illegal) there is potential for a major short squeeze should a surprise PR be announced disclosing financial statements and/or contracts for revenue. Makes me wonder why NIR is willing to negotiate with EPGL as stated in the Sept. 14th PR unless they want to cover their short position quietly without getting squeezed..imo. Or they must cooperate now that they are under investigation with the SEC and discontinue illegal trading practices? At any rate something is up with EPGL not just the pps.

http://ih.advfn.com/p.php?pid=nmona&article=44362030&symbol=NO^EPGL

Make no mistake NIR is bad news and is definetly one of the hedgefunds responsible for the NSS going on in pennyland. It is a cancer to small companies looking for funding. I've unkwowingly owned a few NIR funded stocks over the years and have seen a couple like CYS* NWT* and FHA* go on to 3-4000% gains when big news has come out. In the case of CYS* they went current after 3 years of non filing and went from .0001 to .007 in one day. It can happen. NIR is currently under investigation by the SEC and Corey Ribotsky is in deep water already. I think the rat has taken the cheese one too many times and finally got caught! WEB MD association and a PR involving future revenue could be the catalyst to blast off EPGL, imo of course.

More on NIR's SEC troubles: http://blogs.forbes.com/streettalk/2010/07/09/convicted-analyst-points-finger-at-nir-group-founder-ribotsky/

I'm getting pretty excited thinking about the future statements regarding the debt consolidation and reorganization. Anybody else feeling me?
Happy trading tomorrow! Slow and steady wins the race. Check out the chart for the last 2 weeks...slowly rising one step at a time.