The company has not returned a profit in over 10 years.The recent share price spike is coincident with the pending conversion of convertible notes,1 cent a share.There are several hundred million shares to be issued in the forseeable future.It does appear strange that the company is extolling the potential of the Fireproof Poles when it has written off its investment in this venture more than three years ago.The ramp up in price has been achieved on small volumes.Games.
EGY Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
