I posted this on "the other board" (ihub). I would say clearly we are ready to move up and all of the ducks are lining up nicely!
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martymech
Re: None
Friday, April 07, 2023 2:16:18 PM
Post# of 60309
%$EGOCD$% The way I see it plain and simple,
Pre split the price per share had been beaten down so so so frigging low as a result of some (at least in part) that spent a lot of time and effort telling us how they couldn't find any information about EGOC and their known family of companies and associates in China. Those that proclaimed that they thought EGOC was a scam and a fraud based entirely upon their lack of being able to acquire said information and also they promoted nothing but fear concerning every aspect of this new EGOC every step of the way. As a result the price plummeted and stayed in the cellar for some time because at least one or two investors believed the fear porn that EGOC had walked away and totally abandoned their stated goals and was surely destined for the scrap heap and would be moved to the expert tier where all scam companies eventually end up. Some even claimed that "there will be plenty of time later " to buy cheaper shares etc etc.
Now fast forward just a bit . What's different now with EGOC and where should the PPS (price per share) be post split? Simply put I think the price per share should be around 2 bucks a share. Why you ask? Because they met the shell deadline and they filled the shell with a company and they also filed the annual report and so we now know that they are not going to go to the "expert market" to die like some have been screaming for quite a long time here. Those filings alone should make our short term price target of around 2 bucks very reasonable given that the whole reason for the super low prices was all of that fear porn nonsense. Now we are all expecting to see some more filings and news to come out in the very near future concerning the new company or companies that will be in the EGOC family ! They have told us in press releases and other forms of modern information releases that they are building out the EGOC to have some decent assets in order to further promote their goals of moving to a bigger board (which will gain them access to a higher caliber of investor($)... and lets also not forget that they said they wanted to return to the Hong Kong exchange to be listed there as well ! (dual listing). Paraphrasing of course.
Clearly some attitudes have now swung back to being positive about EGOCD (at least one or two of the regular long time folks in EGOC that have been negative persons are now on board for the very first time in 2 plus years and that's utterly astonishing and amazes me in a happy kind of way and in a happy place with absolutely no emotions involved)
So based upon pure logic and reason and absolutely no emotions or promotions I will say rather confidently that a price target of 2 bucks a share (minimum short term target ) post split is where we should be at right now and right this minute. Every step of the way the fear porn never panned out and for good reasons. 2 bucks a share is still quite low when you consider the new share structure being so so so low and inviting for new investors in EGOCD that is sooooooon to have more information and filings and likely will show assets that are more in line with the requirements to do up listing and also a dual listing . 2023 first quarter should prove to be a dandy as the roll out continues! Stay tuned more to come! Just my opinions!
0
_________________________________________________
martymech
Re: None
Friday, April 07, 2023 2:16:18 PM
Post# of 60309
%$EGOCD$% The way I see it plain and simple,
Pre split the price per share had been beaten down so so so frigging low as a result of some (at least in part) that spent a lot of time and effort telling us how they couldn't find any information about EGOC and their known family of companies and associates in China. Those that proclaimed that they thought EGOC was a scam and a fraud based entirely upon their lack of being able to acquire said information and also they promoted nothing but fear concerning every aspect of this new EGOC every step of the way. As a result the price plummeted and stayed in the cellar for some time because at least one or two investors believed the fear porn that EGOC had walked away and totally abandoned their stated goals and was surely destined for the scrap heap and would be moved to the expert tier where all scam companies eventually end up. Some even claimed that "there will be plenty of time later " to buy cheaper shares etc etc.
Now fast forward just a bit . What's different now with EGOC and where should the PPS (price per share) be post split? Simply put I think the price per share should be around 2 bucks a share. Why you ask? Because they met the shell deadline and they filled the shell with a company and they also filed the annual report and so we now know that they are not going to go to the "expert market" to die like some have been screaming for quite a long time here. Those filings alone should make our short term price target of around 2 bucks very reasonable given that the whole reason for the super low prices was all of that fear porn nonsense. Now we are all expecting to see some more filings and news to come out in the very near future concerning the new company or companies that will be in the EGOC family ! They have told us in press releases and other forms of modern information releases that they are building out the EGOC to have some decent assets in order to further promote their goals of moving to a bigger board (which will gain them access to a higher caliber of investor($)... and lets also not forget that they said they wanted to return to the Hong Kong exchange to be listed there as well ! (dual listing). Paraphrasing of course.
Clearly some attitudes have now swung back to being positive about EGOCD (at least one or two of the regular long time folks in EGOC that have been negative persons are now on board for the very first time in 2 plus years and that's utterly astonishing and amazes me in a happy kind of way and in a happy place with absolutely no emotions involved)
So based upon pure logic and reason and absolutely no emotions or promotions I will say rather confidently that a price target of 2 bucks a share (minimum short term target ) post split is where we should be at right now and right this minute. Every step of the way the fear porn never panned out and for good reasons. 2 bucks a share is still quite low when you consider the new share structure being so so so low and inviting for new investors in EGOCD that is sooooooon to have more information and filings and likely will show assets that are more in line with the requirements to do up listing and also a dual listing . 2023 first quarter should prove to be a dandy as the roll out continues! Stay tuned more to come! Just my opinions!
0
2
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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!
