Replies to post #36235 on EP Global Communications Inc fka EPGL

[Black8]

He keeps saying a 15-12g filing never comes back fully SEC, when that is BS, because completely non-reporting shells become fully reporting all the time and there are many examples:

Blockbuster Entertainment, Occidental Petroleum, Turner Broadcasting, Tandy Corp. (Radio Shack), Texas Instruments, Jamba Juice, and Berkshire Hathaway

It is simply misleading and factually inaccurate to say a non-reporting SEC company NEVER becomes reporting again. Look at the above list.

[wobblenuts]

There are cheaper ways to prove to the public they are a real co., other than SEC filings at this point.
Current list of available doctors that have received or will be receiving MPDD by end of August would be a start.
IMO
EPGL

[lewsogge]

It costs an additional $500,000- $1,000,000 for firms to meet the new (much stricter) 2002 SOX reporting requirements for the SEC, including but not limited to compliance costs, such as accounting, legal and consulting fees. It would make no sense for EPGL to cough that up before they started generating revenue. To many small company managers, this is real money that may be spent in better ways, such as growing the business or paying down debt. Who knows what exactly EPGL needs to go reporting again, but they have been restructuring nicely. They will have the money soon enough, then we may need to wait for an audit... who knows. I'm fine waiting if need be. Revenue numbers will silence all the nay-sayers.