Who would ever buy such shares is exactly why they would be discounted. For a company to exchange goods/services on shares alone, from a start-up, the reward would have to equal the risk.
EPGL has stated multiple times in the past that this is how they would handle the selling of their shares, in order for them to not hit the market. If you have restricted shares, according to the SEC, the shares come with a restricted legend stamp. Those shares can never be un-restricted until the legend is removed. And the legend gets removed, according to the SEC, by EPGL. The removal of a legend is a matter solely in the discretion of the issuer
Basically, EPGL would arrange for another buyer to buy the holder's shares....shares that have passed the required amount of time to become eligible for un-restriction, and then allow the shares to change hands, making them restricted once again to the new buyer.
I would assume, to entice the new buyer, the original buyer would have to take a discount as well, for the new buyer to accept the risk. In the end, the buyer doesn't get that much of a discount since they would most likely have to offer a discount to the new buyer. But it takes away much of the risk to the original buyer.
Who knows how many shares, if any, have been dealt for legitimate business dealings. Regardless, they have never hit the open market, so whatever they are doing, they are doing it correctly and very intelligently.
Now lets exit 2013 and return to 2015
News 
Market Data 
Discover 
