Alright, they have not filed BK (yet). I have spoken with one of their employees and was told that of their remaining 20-ish employees they fired everyone except about 5 managers.
So I ask you - why would anyone buy stock in a company that has nothing but 5 managers? What are they managing? NOTHING!
Their billing system is outsourced. They don't have any landlines. They only have 100 VoIP customers and even this is outsourced business because they can't even spell VoIP let alone manage the technology that VoIP would require them to have.
Did I mention that all they have now is about 5 managers? No operations people - especially I.T. people.
Yeah, perhaps they're "changing direction". It sure doesn't look like they know what they're doing. Why don't they have any I.T. people?
They were paying an I.T. guy which worked for them back when they were TCCF, on a contract basis but he has since quit and moved on to other things.
If you're stupid enough to buy this stock then you deserve the lose you'll get. Buying this stock means you trust that 5 managers can manage nothing effectively and produce revenue for the company - very unlikely in my not so humble opinion.
Okay, Boys and Girls... I think this is Ground Zero... Next week we should see the wright direction of EPCG... 10QSB is coming... Volume and Buying will follow...