I just posted this for the panic stricken young fellers
I just posted this for the panic stricken young fellers over on IHUB. $orry about the length of it.. you know me by now.. I can take a 50 word topic and turn it into a novel.. I really do try to condense my postings! Really I do!
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EGOC, I would say that we had a little bit of a volume uptick today. Looks like someone got tired of waiting on the name/ticker symbol change to be done with. It happens. We are all waiting for that to be done. I really thought that we would be there by now but as I hear FINRA is pretty well back logged and behind schedule on a lot of companies. We are not the only ones waiting for FINRA!
On that topic while enjoying a nice round of golf today I had a discussion about what ifs and such concerning EGOC. We were discussing how behind FINRA apparently is in general on processing these name/ticker change applications. I have heard of other companies that are also waiting and waiting and waiting. It seems to be an issue probably related to that pesky flu thing as that seems to be the never ending excuse for delays on just about everything these days. But all of that aside and no matter what their reasons for being behind schedule we started brainstorming and concluded it may be a much faster route to just bypass FINRA's seemingly delayed or back logged processes and just do a new registration instead of waiting and waiting and waiting like so many other companies that are in the same boat.
It may cost a few bucks more for the company but I am reasonably sure they can buck up and handle the extra costs to just do a new registration. I guess my point is EGOC has options to get their new name and ticker done in a timely manner. They don't have to stick with the present course when it is taking so long to get done and it looks like it may take even longer. I remember reading about or hearing about other companies that have gone down that road along with my friend who named a couple of them that he was aware of. When they changed over to doing a new registration They had to do the full tilt boogie audited financials but since Pangbo Group/EGOC stated that their goal was to up list they would have to have audited financials anyway in order to up list!
If I were EGOC/Pangbo Group I would think about just forgetting about FINRA's current review process and just go ahead with a new registration.. After hearing about other companies and their waiting periods and how they are still waiting on FINRA I think EGOC should go down a faster and much more efficient route. I think that course of action would get the job done much faster and also start that auditing of financials and it would be a big bonus for everyone!! Just my ten cents worth and I hope that EGOC/Pangbo Group is listening!
I hope EGOC/Pangbo group realizes that this slow process at FINRA is really not helping share holder confidence and EGOC should use the much faster process of doing the new registration angle. Judging from what I have seen and heard about the ETA in the current FINRA process I hope that EGOC announces a new registration approach to getting it done. I guess the main point that I am making is EGOC/Pangbo Group has options that will get the job done much faster and much more efficiently no matter what is causing the current delays and if they choose those options it will get us on track to greatness much faster!
Now let's get back to picking up some large numbers of shares from those that are impatient. I know some of you made out like bandits the other day while I was golfing.. dang..
Cheers and happy hunting for the cheap shares of EGOC
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Energy 1 Corporation (EGOC) Stock Research Links
What I post is my opinions and thoughts based on my research. Please do your own DD before buying or selling any stock. I am just as capable as the next guy in making good or bad investment choices! We win a few, we lose a few. That is the nature of the game!
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