Accumulated 300k shares in the .20s and .30s!! This is awesome
T
Thank you for reaching out, and apologies for the delayed response. The board and our advisors along with management evaluated all of our options, and it was critical that we had the support of the senior debt holders to move forward with any plan. The proposed plan was agreed to by the debt holders which should enable us to complete the restructuring and the acquisition and continue the business. Unfortunately, the plan eliminates all of the current equity which includes any held by management, employees, institutional and retail investors.
G
Broadfin Capital, LLC. acquired 4,775,756 shares of EGLT on 12/27/17 and filed today according to 13G. A 9.99% stake in EGLT.
B
Today is last day until 5:00 PM to repurchase notes by the bank. After they can't repurchase only convert notes. Let us see if EGLT does any reporting tomorrow?
C
up 8% after hours, hopefully this continues tomorrow
C
lets get this thing up past .70
j
Everyone seems concerned about delisting. Seems to me the companies next reported earnings should do the job. If not eglt will reverse split
K
Possibly ACURA Pharmaceuticals
B
So CFO resigns effective November 9th. But has entered into consulting agreement with company after this date. This is going to be a strange to this saga.
B
So they got another extension from notes holders. A shorter one though this time only until 21 October. What's cooking?
R
Let’s make some money this week!
D
Chapter 11 on the way?
E
Is there any hope for this company make it back to over 0.65?
g
A simple stocks buyback would zoom this to more than a dollar and the company will be in compliant with the NASDAQ avoiding delisting they have the cash on hand
p
Change in consensus from hold to buy
P
close today at .55
J
they're trying for chapter 11 I don't think they can kick the shareholders to the curb it's a reorganization they may end up having to issue new stock to the shareholders because it's not chapter 7 and it has to be approved by a judge don't know if this is going to happen
A
Guys I’m down a lot here...what’s going on...
C
I've been receiving overnight FEDEX deliveries of the court motions. On the last page it references a class action suit who is opposing the bankruptcy. Anyone heard of this class action lawsuit?