Tuesday, January 17, 2012 11:29:30 AM
If the EGOH volume runs up to new highs and .005 area does not hold, but drops to .001-002) then I agree, EGOH (Wilmont) has borrowed heavily, and they are converting and dumping, but IIRC, there was a 6 month wait in the contract between Wilmont drawing money, and their ability to demand shares for payment. Did I miss something?
Also, Wilmont seems to have stepped up his reporting game recently (SEC, versus garbage napkin quarterlies to the OTCBB)?
I am not saying this is a long term investment here. I was never really convinced of that, and am still not convinced. But it looks like a good trade here to me.
Also note worthy, I was not telling people to buy here at all the last year. But this looks like a nice priced lotto ticket here.
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