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  4. Energy 1 Corporation (EGOC) Message Board

Good analysis, I have said on more than one occasi

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Post# of 3400
(Total Views: 203)
Posted On: 02/10/2022 7:49:51 PM
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Posted By: martymech
Re: tntgraham #1139
Good analysis, I have said on more than one occasion over the last several months that I thought maybe the company would buy back those shares or that perhaps a deal was already done to buy back those shares prior to or when the decision was made to buy the controlling interest of EGOC. You have to think that the new owners of EGOC were fully aware of those pearlman shares because the courts were handling that issue along with the lazar issue of taking over EGOC and subsequently cleaning it up and selling it. Pangbo Group/EGOC had to have known prior to buying and I think they already had some kind of an arrangement or agreement of some sort to buy back those pearlman shares at an estimated price tag. Lazar knew about pearlman and so did the buyer of EGOC.

Anyway I think you are onto something about Pangbo Group/EGOC Yicheng buying back the balance of pearlman shares.. makes a bit of sense and is definitely a possible scenario going forward. It may be figured into the FINRA name/ticker change as a prerequisite. We should know more soon as the saying goes. None of that pearlman shares thingy ever bothered me or concerned me as I figured the courts/lazar/new owners of egoc had a plan in place for those shares that was agreeable to all parties when they were working on cleaning up and selling EGOC. JMO


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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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