EGOC, Not a bother for sure. One can always find little oddities with china based stocks on the US markets. There is not only a big language barrier but also a big cultural difference. Things can be over analyzed and a small thing often times can be blown way out of proportion has been my experience. One example is the name Pangbo Group or Pang Bo Group or some other slight variations. Some of the differences can be due to translation app errors or people error on the part of who authors a particular article and some times English and Mandarin can yield some pretty strange results.
This is a reverse merger and the roll out of information will happen in time. I believe that time is approaching real soon since they have moved forward step by step consistently meeting requirements since Pang Bo Group/yicheng community culture bought the controlling interest in EGOC. If there were some shady activity going on they would not have even applied for the name/ticker change etc.. That process through FINRA is a major thing and they will go over the application with a fine tooth comb and likely will ask for more information along the way to approving the name/ticker change.
So far the company has not pushed any big promotional theme here in the US and that should be changing real soon after the FINRA review of their name and ticker change application is done as we should be seeing press releases revealing more of what is going on.
We know that they publicly announced their short term goals along with a 5 year goal and what they are shooting for is really quite impressive. Keep in mind that the company has only been in this reverse merger process since last summer. The process does take some time and we are very near to what I like to call the great reveal or the big gig. I believe that everything is again going to move forward and continue to stay on track with their previously stated goals.Just my opinions but so far so good!
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