EP Global Communications Inc fka EPGL

[LAMBSHIFT]

considering the probable intentions and targets of PWC I can only agree with you.
to repeat it: we are shareholders in a company with "no bid"; but only us, the actual shareholders, have the majority of votes. that´s our capital.
the other side is represented by PWC; PWC wants as much as possible back of the debt. we have to vote about every proposal, and that´s our only weapon.
I would like to propose another possibility another company (also pink sheets) uses to pay back the debt without selling lots of new shares as a consequence of a R/S and without the terrible consequences for the actual shareholders.
that company and its noteholders have agreed to a "debt release and exchange agreement", i.e. they have agreed to exchange all debt and interest for the royalty payment of 10% of any revenues generated from the sale of their products. the royalty payment shall remain in effect until the payment is made by the company in the amount of 150% of the remaining unpaid principal balances.
if there is such a wonderful product with a market of 3.5 bil US-$, EPGL could pay back the debt easily.
result: no dilution, no R/S, nomore additional interest payments, only these royalty payments (% of the revenues), survival of the company, broad room for negotiations, the best of all worlds for the shareholders and PWC.