Tell us you're bankrupt without telling us you're bankrupt
Friday after close horror story released. It looks like they are on the bi-weekly forced update train. The next indicator will be a missed update forcing a CTO on the stock.
I have first hand experience with this timeline on another stock. So far EGT has followed the playbook step for step.
They are 2 weeks overdue with no filing timeline indicated. They are deep, deep, deep underwater.
The end is here for the purple lizard. That is glaringly obvious and that is too bad.
FYI. If a stock is delisted it can still be held until it can be used for taxloss. I did this with a stock that had bankrupted 2 years earlier. Only "danger" is if the stock ticker is picked up by someone else you will then be a stockholder of that company. Special paperwork can be filled out with your broker and they esentially buy your stock for $0.00 and you will have to pay any trading fees. Then can claim the loss.
GLTA
DYODD