Replies to post #12597 on Electronic Game Card, Inc (fka EGMIQ)

[Somethingtoprove]

Very informative post.

I beleive many of us here have made the same mistakes.

For me it's all about the numbers and this up coming earnings report.

If the numbers are there I beleive I will be able to exit at higher prices.

I will definetly not stay in this company with current management.

I am betting on the fact that Kevin has not completely screwed this thing up in just 3 months.

The stock has stabilized at .35 cent range. I think there are still major holders holding on to this stock.

No doubt an extremely huge gamble to hold.

I also beleive it's in managements best interest to get this right now.

I don't think anyone there wants to go to prison.

Not to mention LS estate of all most 10 million shares.

I beleive it's in the family members best interest to see this mess cleared up as well.

Lot's of money hanging in the balance.

[EHubair]

Thanks for sharing, and Good luck else where

[jim45]

I really appreciate your review of how things happened to your investment over the last few months. I bought in at 1.50 and since almost 80% is gone anyway, I have decided to hold onto it for awhile. Fortunately, I had a much smaller position than you so the pain was not so bad. I posted a couple of weeks ago that it was feeling like my investment in SPNG last year--a company with a long record of SEC reports, audited results, highly visible name in sports venues, etc. Then the auditors were changed, quarterly reports and news updates stopped, trading stopped and the bottom fell out. Months later, still no news so it was a sham. I got soundly criticized on this board for making the comparison but, sadly, it is looking more and more like a similar scenario is taking place.

I guess we never stop learning. I'm sorry I had to learn this lesson twice!