I find it very interesting that EVGI is touting the exact same things that RAPT did about 6 months ago. Promoted, pumped, dumped and investors left flapping in the breeze. RAPT has been in the toilet for months, refuses to update shareholders on anything, refuses to respond to any attempts at communications to their supposed VP for IR (Todd Jones) and CEO (Tom Gleason). RAPT has not even bothered to update their website since May or so.
EVGI and RAPT are allegedly strategic partners.
Of course, Lanham of EVGI has quite the storied background with multiple legal entanglements over the years.
In the case of RAPT, they touted this same pie in the sky proprietary mineral recovery process that EVGI is touting now. Also the same biodiesel production from used cooking oil. RAPT never ever provided any info on the results of any processing.
My guess is that EVGI will likewise never report anything either.
Also, promo company is getting 400K to pump EVGI. Not the biggest promo budgets but a goodly bit more than the typical 30K ones.
And why, pray tell, did yesterday's supposedly wonderful news from EVGI result in a major drop in pps?
Makes one wonder, doesn't it?
IMO this has BS written all over it just like has been proven with RAPT. A ton of indicators that this is a major league fleece job.
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