the problem is that, that was from the old management team. we have not gotten anything from the new team, so people dont know what to believe and that is why everybody want to see current SS and hear from the new team as soon as possible
A year-old promise is worthless in this cesspool. Even a one-month old promise from a stinky pinky is worthless. A reverse split can happen at any time for any OTC stock I wouldn’t be surprised if EEGI springs one on shareholders soon considering the current promoters.
So first they announced they're buying shares back or are at least locking float down but then after a year of selling shares they announced that, in the meantime, they actually sold some in order to move forward???
WOW!!! What a spin that was!
They also PR'd they have no plans on doing a reverse split, do we now have a reason to believe they could as well do a RS because the business course of action demands so???
Also, they never disclosed what those shares were used for? What does this company actually do other than print shares? Lastly I also believe they're exempt from filing Q1 earnings by at least Q2 end which is June 30th. There is no telling what the share structure will look like by then.