You must be a new investor to EPGL. The reverse split was completed way back in July, 2012. There's no more reverse splits in the forcast. We got an investment firm, actually(2) or(3) who's willing to give EPGL up to a Billion dollars in equity if needed to fund our business. That way we won't have to split anymore.
The way our share structure is designed:
499 million outstanding shares in the float. This is what's left of the nearly 5 billion shares that underwent a reverse split of 10:1 back in July, 2012.
Now the company (EPGL) still holds 4.5 billion shares or what's left of the original 5 billion shares before the 10:1 split(YIKES!!!). Fortunately, for us shareholders, the 4.5 Billion shares are restricted until JUNE or JULY of 2013. Moreover, our product(s) which is set to hit the market in some "ice age" is expected to bring large revenue so the 4.5 billion company shares don't pose a big threat when they decide to dump. Moreover, the up to 1 Billion dollars by those equity firms should relieve us of any worries as well.
Now the company(EPGL) has duly sworn over and over that they have no attentions of ever selling their shares in the retail market(LOL!) They may never have to. They could just distribute those shares to other parties as debt payments, salaries... In return, the other parties would have to eventually sell those shares in the retail market to get the money.
With all the security we have surrounding us, I think we will all make alot of money soon.
Go EPGL!
