If the new owners and management are actually reducing the share structure, and do things on the up and up; then the SEC would have no grounds to file charges on EEGI. Maybe they would do that to previous management, but not EEGI as whole. To date since the new management was updated the SEC could not file charges against EEGI on fake or false pr's because we are awaiting news here, and we are sure that will come as soon as they have the behind the scenes paperwork finished. In my opinion they are waiting so that there are not false or misleading pr's, and they can give us solid news.
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