Replies to post #18668 on EP Global Communications Inc fka EPGL

[pantherj]

If NIR goes down the tubes, as you put it, that won't relieve EPGL of one penny of debt. And, yes, EPGL is very likely to be labeled "Caveat Emptor" as they have not een filed any info with Pink Sheets for NINE months. In case you haven't noticed, FINRA has taken a much more aggresive stance on those who won't file.

Investors would be better served trying to get this CEO to do something ... rather than try to excuse his present woeful performance.

[iblong2]

I have no desire to see the shareholders of this POS get wiped out and this go to Caveat Emptor but that is where this is headed. Go read the NIR board on IHub. Many companies have tried to get out from under the thumb of NIR but have failed, EP will be no different because they signed a rock solid contract. In addition, who would ever want to buy debt that can't possible be paid off?

As I have asked before, please provide any possible scenario where the common shareholder does not lose their entire investment. Since the O/S and A/S are maxed out at 5 billion shares they will need to do a reverse or add tens of billions of shares to the A/S. No shareholder with any sense would cast their vote and allow them to do that. So with each passing day, their debt keeps increasing without any ability to use share to help pay off the debt.

EP is now behind in their filing by several quarters, at some point the SEC will step in and when they do you will see Caveat Emptor. Give us a reason that Joe has not kept up with his filings. My guess is it will show no improvement in the bottom line and that debt is still increasing. It is too bad that all Joe has is his BS, so keep dreaming that anyone will recover their investment from this POS.