Yes, that's possible and unfortunately probable. Nevertheless 18M shares is a lot to sell on fake news - that's about 14% of float. I would like to be a bit naive and hope for something real. ;-) Sad, that a company that had such prospects seems to end this way.
There was no any news nor any filing event at all when EIPC created a New 52-week high 0.0040 a few weeks ago! If there were any Real News or Event EIPC should hit the Penny Land based on the majority peer's performance history and 234.05M shares FIXED Small float...
The professional website promotion sometimes has very limited effect for the promoted stock's price (such as AFTC from the two promotion links below) though sometimes it generated 10 ~ 100-Bagger or even 1000-Bagger Huge or Giant effect! So far I didn't see any website to promote EIPC. In fact EIPC can run 10-Bagger to hit 0.0060 easily by itself based on its SS and BV alone.
The only thing we need to do here is: Slap out those dirt cheap 0.001x shares to trigger a Strong MOMO! Then EIPC will be on fire!
EIPC is trading at $243K MV now v.s. the OTC peer AFTC at $177K MV now! EIPC did 6.67-Bagger Quick rally v.s. AFTC had 5-Bagger Quick rally! Both have the FIXED Small SS and Positive Book Value!
4.4M-0.0010 x 293K-0.0014 now. Why the "Endless" sales at the New Bottom 0.0010 after the New 52-week high 0.0040? Why no more Slapping actions since the most recent quick bounce from 0.0008 to 0.0017? When will the company issue any good news? Any most recent contact with the management?
Anyway EIPC needs Strong Slapping actions at the dirt cheap 0.0014 ask (which is the Same with its Book Value) in order to see the most recent high 0.0017 again! Those most recent 0.0040 ~ 0.0020 buyers (they bought over Twenty Millions shares at 0.0040 ~ 0.0020) should buy 20M ~ 40M shares at 0.0010 ~ 0.0019 in order to Average-Down their cost bases!
The current price 0.001 is Below both the 20-Day and 50-Day MALs 0.0011 but it is Above the 200-Day MAL 0.0009! I wish to see very strong bids support at 0.0011 just like its peer's 30M+ shares at 0.0003 (which is both the 20-Day and 50-Day MALs)!
EIPC has 242,522,960 shares OS of which 234,050,000 shares are floating! EIPC is trading at $243K Market Value now (at the New 52-week high $0.0040 it has $970,091.84 Market Value v.s. it has $145,513.77 MV at the 52-week low $0.0006) v.s. its OTCNI-Tier Non-Reporting peer (AFTC) has $237K MV currently. Both EIPC and AFTC have High Positive Book Value ($0.0014 and $0.0007 respectively) and Nice Clean Shell status!
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