Right, just like they could have swept the FINRA delay
Right, just like they could have swept the FINRA delay under the rug, but didn't. Instead they put out a public notice on 2/23 stating they had to change their approach. In my mind these extra (only calling them "extra" because most otc companies don't bother with them) filings are due to their smart move of hiring Jacqueline Danforth as a consultant to advise them on compliance and navigating the reverse merger.
This is a pink sheet alternative reporting company behaving like a big board company.
My wife knows nothing about this. Years ago before we were married I offered to tag team the markets and have two brains doing research but she wanted no part of it. She doesn't have the mentality and stomach for it that I have so I guess it's just as well. I own more shares in EGOC than I have ever owned in any company and she would probably think I'm crazy for it. Most people can't do what we do, otherwise everyone would.
Pure speculation here, but I think the filing delay has to do either with the last filing about the preferred shares, or the disposition of the Pearlman shares. I think share structure is the accounting they have to clean up. As far as we now, the company was still a shell at the end of the year. Based on their willingness to file "extra" documents, I think we will get another Notice of Material event filing when the actual merger and specific companies and assets go into EGOC. I think it's all going to come together in the next 16 days.
Definitely seeing this through.
2
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