As insiders, they can valuate the company however they please. And yes, I am happy they believe things are undervalued. And I personally believe that they are undervalued. But the market isn't going to go along with what EPGL says, without EPGL showing them WHY they should go along with their valuation. Right now EPGL is only 'telling why' rather then actually 'proving why' they are undervalued.
They need to prove that they are a 100+ million dollar company with potential to be a billion + dollar company. And they are working diligently on doing so. But until they have proven it BEYOND a reasonable doubt, the type of money we need to start being invested in this is going to stay away.
If you run a mutual fund, or invest large amounts of money, you aren't going to invest other people's money or your own money based only upon what a company says. Especially when that company is a penny stock on the Pink Sheets. It has to be proven.
EPGL is well on its way to doing so. Its now only a matter of a few days or few weeks. EPGL may be disappointed with the reality of their current market valuation. They misjudged what the market thought was more important. Filings with SEC or filings with USPTO. Apparently, the SEC registration seems to be the most important. But had they went with SEC filing earlier, the stock could of tanked badly. They made the right decision by waiting until now to make it happen and by doing the USPTO stuff when they did. All and all, the SEC filings can now happen without threatening the confidence of the current share structure.
Now is the time to be adding as much as you can.
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