Supposed to, yeah, but they didn't. Lesson number one. To a CEO, don't issue stuff saying when you expect something to happen because timelines are never accurate for a penny company. Lesson #1 for an investor. If you believe a "we expect this at this time"
statement from a penny CEO, you will lose nearly every time.
In correspondence to me, from early last February, Joe stated ".....a delay in getting started on two of our military contracts has made cash flow a bit troubling. But that part should be addressed shortly as one of the three contracts we do have were released to us last week and we ought to be getting started on the others later this month or in March."
Take it for what it's worth. I dunno what your general stance is on the company. You appear to dislike it. I assume that you just want to get it to no-bid. I would loooooove the ask to go to .0001 so I could buy the hell out of it. So, good luck with that.
In all sense of things, EPGL is doing exactly what a company, with the problems they have, does. For anyone to be angry with Joe is a complete waste of thought and emotion.
From Joe's correspondence, it would appear that there is a possibility that stuff will start happening soon. If it doesn't, then it doesn't. Nothing really concrete can be done anyways until they get their debt restructured or eliminated. Being that Corey Robotsky has the reputation of being Satan, I don't think a restructuring deal involving them will come without some sort of price. Hopefully, he'll end up in jail soon and NIR will be broken up. Hopefully, the debt will be bought by somebody less scrupulously evil, enabling a deal to be made that's best for everybody.
All and all, regardless of mine or anybody else's feelings towards Joe or the company, it is what it is. Right now, this is flipping stock. It will be flipped at every tick up or down. Until they start reporting and get things squared away, they will remain on the bench in the big game. But they won't be kicked off the team. Thoughts of them being revoked is amateur. An R/S is more likely, but that won't occur until the company is off of the bench and running. And by then 90% of everybody here, including myself, will be gone anyways, having sold at .0004-.0005. So I could careless about that.
There are far worse companies out there to be stuck in.
