thinking management will have full control of the voting rights for the next "proposed" reverse split and prefered's vote... think this is how they are keeping the doors open diluting Epigd
That is the thing that makes me wonder if they are giving up now: The 15:1 inst. of 20:1 was to aimed please the market and the SP stability. But, in contrast,now they make no efforts to stabilize it (because they have nothing positive to report?).
Also, if they have non-toxic ideas then they only do good if the SP stays stabilized, which could be PRd....
I find it very odd that they did not execute the full 20/1 allowed r/s. Why just 15/1.
With a new O/S of only 15M instead 20M they could probably have bought Wells Fargo. Yes, it's obviously managment sees a $20.00 a share buyout coming or a least a billion dollar loan at 1% .