CONDENSED VERSION.. For those that don't want to read my novel. lol
http://capwhale.com/newsfile/details/20230418...2172.shtml
The EGOC consolidated shares were completed, taking a further step forward for the proposed transfer
Whales
2023-04-18 18:50:01
SHANGHAI, April 2023, 4 /PRNewswire/ -- On March 18, 2023, Energy 3 Corp (stock code: EGOC), a U.S.-listed company with global innovative agriculture, health and new energy as its core business, has been reviewed by the Financial Industry Regulatory Authority and officially completed the merger of EGOC common stock. The total number of common shares of the Company will be 30,1,52 after the completion of the share merger, which will optimize the Company's shareholder base and prepare for the positive conversion After the common shares of EGOC Corporation, the total number of common shares issued has been reduced, and the stock price after the merger will increase in proportion. Pooling shares to reduce the number of common shares and increase the corresponding share price of the company's common stock. Except as disclosed above, the Company will not issue any new common shares.
EGOC's share price for the active conversion of common shares has also changed accordingly, and the closing price as of April 2023, 4 US time has increased by 10.37%. After the EGOC merger of shares, the proportion of investors' transaction costs has been significantly reduced, and the narrowing of bid-ask spreads is conducive to stock trading, stimulating active stock trading volume and liquidity, and bringing a larger investor base and higher share trading flow. It will also help attract more international institutional participants and increase liquidity, enhance the market image of EGOC and enhance the long-term interests of the company's shareholders.
EGOC has been sparing no effort to make breakthroughs in the development of modern agriculture and biological health, and after the completion of this joint venture, it will be injected into the Group's high-quality assets, which will help promote the Group's business development and increase shareholder returns, which is a major milestone for the Company's proposed transfer of the board, which is a further step for the proposed transfer.
After the completion of this share merger, EGOC intends to inject high-quality business assets into the company's entity, implement unified financial data conversion U.S GAAP statements, and prepare a data basis for actively recommending the transfer of the board. The enterprise entity has always implemented the development policy of industrialized operation, deeply cultivated and refined in the field of modern agriculture and biological health, upgraded the industry to systematic and refined, and combined with the upstream and downstream resources of the industry to achieve a win-win situation between scientific and technological research and development transformation and corporate profit generation. EGOC intends to inject high-quality business assets into the company's main body, such as cross-border intelligent e-commerce, biotechnology, ecological black pig and other mature projects, in addition to the global sustainable development of new energy project upgrades, join hands with strong resources to enter Xinjiang new energy wind power, photovoltaic fields, and continue to increase new profit impetus for the company's next stage of development.
EGOC combines the current situation of the group's industrial chain, adheres to the requirements of the US securities authorities as a reference, and realizes the transfer with higher requirements of profit, stock price and market value after injecting high-quality business assets, and has made calculations and plans for the second and third stages of technology and industrial development of the enterprise in advance, and returns the company's global shareholders and upstream and downstream customers with the steady development of the enterprise.
As an innovative technology-based enterprise, EGOC is deeply engaged in the field of modern agricultural health and new energy industry, and is committed to providing green and healthy products for all customers and potential customers with the world's most advanced scientific and technological research and development, and continues to provide healthy and differentiated service products for all user groups in the past.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements, including, but not limited to, the Company's proposed offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections regarding future events that the Company believes could affect its financial condition, results of operations, business strategy and financial needs, including expectations that the Offering will be successfully completed. Investors can use expressions such as "approximate", "evaluate", "believe", "hope", "expect", "estimate", "project", "intend", "plan", "will", "should", "could", "may" or similar expressions. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or to change in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove to be correct, and the Company cautions investors that actual results may differ materially from the expected results and encourages investors to review other factors that could affect its future results in the Company's registration statement and other filings with the Securities and Exchange Commission.
Contact:
Man Kong Lam
+852-9126-7205
richardlam@g2gcpa.com
The articles reproduced on the Ziwhale website are only for the purpose of disseminating information, sharing, exchange and learning, and are not for commercial purposes, and their copyrights belong to the original author; Where the information appearing on this website, for reference only, this website will try its best to ensure the integrity of the reprinted information, if the original author has any questions about the reprinted articles on this website, please contact this website in time, this website will actively protect the legitimate rights and interests of the copyright owner.
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http://capwhale.com/newsfile/details/20230418...2172.shtml
HAPPY HUNTING FOR THOSE CHEAP SHARES OF EGOC THIS COMING WEEK!
http://capwhale.com/newsfile/details/20230418...2172.shtml
The EGOC consolidated shares were completed, taking a further step forward for the proposed transfer
Whales
2023-04-18 18:50:01
SHANGHAI, April 2023, 4 /PRNewswire/ -- On March 18, 2023, Energy 3 Corp (stock code: EGOC), a U.S.-listed company with global innovative agriculture, health and new energy as its core business, has been reviewed by the Financial Industry Regulatory Authority and officially completed the merger of EGOC common stock. The total number of common shares of the Company will be 30,1,52 after the completion of the share merger, which will optimize the Company's shareholder base and prepare for the positive conversion After the common shares of EGOC Corporation, the total number of common shares issued has been reduced, and the stock price after the merger will increase in proportion. Pooling shares to reduce the number of common shares and increase the corresponding share price of the company's common stock. Except as disclosed above, the Company will not issue any new common shares.
EGOC's share price for the active conversion of common shares has also changed accordingly, and the closing price as of April 2023, 4 US time has increased by 10.37%. After the EGOC merger of shares, the proportion of investors' transaction costs has been significantly reduced, and the narrowing of bid-ask spreads is conducive to stock trading, stimulating active stock trading volume and liquidity, and bringing a larger investor base and higher share trading flow. It will also help attract more international institutional participants and increase liquidity, enhance the market image of EGOC and enhance the long-term interests of the company's shareholders.
EGOC has been sparing no effort to make breakthroughs in the development of modern agriculture and biological health, and after the completion of this joint venture, it will be injected into the Group's high-quality assets, which will help promote the Group's business development and increase shareholder returns, which is a major milestone for the Company's proposed transfer of the board, which is a further step for the proposed transfer.
After the completion of this share merger, EGOC intends to inject high-quality business assets into the company's entity, implement unified financial data conversion U.S GAAP statements, and prepare a data basis for actively recommending the transfer of the board. The enterprise entity has always implemented the development policy of industrialized operation, deeply cultivated and refined in the field of modern agriculture and biological health, upgraded the industry to systematic and refined, and combined with the upstream and downstream resources of the industry to achieve a win-win situation between scientific and technological research and development transformation and corporate profit generation. EGOC intends to inject high-quality business assets into the company's main body, such as cross-border intelligent e-commerce, biotechnology, ecological black pig and other mature projects, in addition to the global sustainable development of new energy project upgrades, join hands with strong resources to enter Xinjiang new energy wind power, photovoltaic fields, and continue to increase new profit impetus for the company's next stage of development.
EGOC combines the current situation of the group's industrial chain, adheres to the requirements of the US securities authorities as a reference, and realizes the transfer with higher requirements of profit, stock price and market value after injecting high-quality business assets, and has made calculations and plans for the second and third stages of technology and industrial development of the enterprise in advance, and returns the company's global shareholders and upstream and downstream customers with the steady development of the enterprise.
As an innovative technology-based enterprise, EGOC is deeply engaged in the field of modern agricultural health and new energy industry, and is committed to providing green and healthy products for all customers and potential customers with the world's most advanced scientific and technological research and development, and continues to provide healthy and differentiated service products for all user groups in the past.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements, including, but not limited to, the Company's proposed offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections regarding future events that the Company believes could affect its financial condition, results of operations, business strategy and financial needs, including expectations that the Offering will be successfully completed. Investors can use expressions such as "approximate", "evaluate", "believe", "hope", "expect", "estimate", "project", "intend", "plan", "will", "should", "could", "may" or similar expressions. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or to change in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove to be correct, and the Company cautions investors that actual results may differ materially from the expected results and encourages investors to review other factors that could affect its future results in the Company's registration statement and other filings with the Securities and Exchange Commission.
Contact:
Man Kong Lam
+852-9126-7205
richardlam@g2gcpa.com
The articles reproduced on the Ziwhale website are only for the purpose of disseminating information, sharing, exchange and learning, and are not for commercial purposes, and their copyrights belong to the original author; Where the information appearing on this website, for reference only, this website will try its best to ensure the integrity of the reprinted information, if the original author has any questions about the reprinted articles on this website, please contact this website in time, this website will actively protect the legitimate rights and interests of the copyright owner.
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http://capwhale.com/newsfile/details/20230418...2172.shtml
HAPPY HUNTING FOR THOSE CHEAP SHARES OF EGOC THIS COMING WEEK! 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!
