EPGL Med ?EPGL will not do such a deal until after OTC financial reporting has been updated.
Update: EPGL has received a $100 million dollar equity purchase offer deal from Lambert Private Equity, LLC. of Santa Ynez, CA.
EPGL has several such companies interested in discussions at present. EPGL has decided to put off any further deals until after OTC update.
In the end, EPGL and Lambert could not come to terms on the closing and announcement timing of the deal.
On October 18th, Lambert Equity upped their offer to a facility of up to $100 million, in an addendum which both Lambert and EPGL signed.
On October 17, 2012 Lambert originally offered a $25 million dollar equity placement deal to EPGL, which the Company agreed to and signed.
Moving into November 2012, OTC "Current Information" status on the way for EPGL shortly. Very important for Company and shareholders.
(0)
(0)
