Replies to post #20742 on EP Global Communications Inc fka EPGL

[Black8]

LOL. It's called a "debt conversion to equity". The debt is in fact gone. The debtor becomes a shareholder just like any other, only restricted because it will be a significant amount.

[Black8]

Oh Sparks?
"Any accountant or financial person knows that it gets moved to a different Account, albiet with other details involved."

And exactly what account is that? Maybe you can enlighten us? The "equity" account, where the debt doesn't exist any longer? LOL.

[steelerfan7]

3.5 billion dollar market annually! Forget the 10 mill! Go EPGL!