Post by
ToadyToadman on Jul 23, 2024 3:29pm
Possible delisting from the OTC
Yikes...
The OTC is the wild west of trading with minimal rules and oversight. Trading over the counter is a risk in the best of times but when even they are concerned and willing to delist EGT the outlook is very grim.
In Canada, the first step will probably be removal from the venture onto the CSE. The CSE is basically hospice care and removal from the OTC means noone outside of canada can trade although EGT may still be listed on the frankfurt exchange but now that EGT has exited Europe maybe that is on thin ice as well.
I assume Duracell's continued non payment will eventually result in a need for a courtcase that EGT cannot afford
Comment by
ugluuak on Jul 24, 2024 10:34am
By saying Duracell you are referring to the independant liscensee Duracell Power Center or in this case OMEGA. Is OMEGA still building units for EGT? I think not. Let us know if they are.