I am wrong about the 500 million share giveaway according to share structure. Looks like you are right and thanks for correcting me. The number would only be as high as 169 million or so maximum, not 500 million. I didn't take into account the remaining authorized shares. That must also mean the rest of the A/S are restricted as well. Not sure but now that I think of it EPGL always says 499 million float and rest restricted. So that would mean the remaining A/S would have to be calculated into that 500 million. Forgot those existed. I think I am right now. Makes perfect sense.
Either way, those 169 million could have restrictions lifted already but not for sure. They did say in a Tweet or email that some shares were gifted at the time of restructuring. Obviously not all 500 million as I assumed according to the share structure. That would be around the end of July to early August in my opinion. It doesn't matter where the shares are coming from, it only matters that they are being sold and are having a devastating effect on the share price.
Apologies to EPGL for my math error. I pride myself on my numbers being correct.
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