$EEGI Readies Itself As it Gets Close to Acquiring OTCIQ PT .25+$EEGI's CEO recently tweeted that the company was very close now to acquiring OTCIQ Access and uploading documents. The process has been slowed down tremendously by FINRA's new regulations that will take effect in September.
The CEO is actively engaged and seems to have formulated a game plan for when the company is pink current.
It's sister company $DKMR is also in the same process, and both are some of the few OTC companies actively engaged in ensuring their stock is pink current or higher before the deadline.
The surge of money flow from non pink current to pink current should start around Mid August and the stock with the most potential will go the highest.
I still anticipate a PPS target of .25 or higher here.
EEGI trade ideas
EEGI Chart AnalysisUpon review bullish divergence can be seen when combining rsi with price action, divergence happened within rsi making it a better trade
reverse merger official. this will be in pennyland in no time. almost 3 bill shares traded. we got the heavy hitters like Alex delarge tweeting all over about it.
2 big catalyst coming. pink current and reverse merger.
The Barchart Technical Opinion rating is a 88% Buy with a Strengthening short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
$EEGI Launches New Website A/H's After Consolidation PT .15+$EEGI Which has been on a tear lately has been compared to $LTNC $TSNP $ENZC $HQGE and for good reason. The company has a plethora of verifiable DD and A/H's Friday dropped a recent bomb, which included a very sleek brand new website that will go hand in hand with its upcoming catalysts.
For more DD check out the tweet feed below and linked idea:
twitter.com
EEGI Chart AnalysisUpon review bullish tight divergence can be seen following an uptrend
may still have more room to grow, 20 sma is coming back up over 200, If done this will indicate trend change
The Barchart Technical Opinion rating is a 96% Buy with a Strongest short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
EEGI Chart Analysisupon review tight bearish divergence can be seen following a downtrend.
if price drops more expect an increase of buying pressure and a rebound in price Grade A stock in my opinion
just the beginning of this massive move in my opinion.
price is hugging 20 sma, 200 is still great support.
EEGI Chart Analysisupon review bearish divergence is sighted
buying pressure is rising and volume is increasing
200 sma is perfect support and price action is is above 20 sma great sign
Barchart doest have a chart analysis, get in early maybe
EEGI is on fire right now and I don't see it slowing down anytime soon. Although anything could happen, EEGI seems to have the strength to continue this uptrend based on what we know is coming next.
EEGI will be reverse merging into Xstreamchannels.com. Xstream is a Live streaming service that is associated with xtreme fighting championship.
Recently in March, Joshua Jacson Egleston took over as the CEO of EEGI. The new CEO was recently updated on OTCMarkets.com as well as the Website Linked to EEGI and the Phone number.
- Xtreme Organics was acquired by Ticker $SDNI in 2019. SDNI went from about $0.03 to a High of $12 with Joshua as the COO (No reverse Split). Remember Joshua is the CEO of EEGI, the stock we are talking about today. This man Joshua helped bring a CBD stock from $0.03 to $12, I can't imagine what he will be able to do with EEGI.
$EEGI Has the Potential to Be the Next $LTNC $HQGE $HMBL $EEGI A recent gem that has captivated OTC traders lately has seem some tremendous growth this past week. And for good reason.
Similar OTC Stocks have seen a boom in trading activity since the start of the year and many with gigantic share structures have ran sky high. Several examples of these are $HMBL, $LTNC, $HQGE, $IMTL and $SHMP some of these even have double the float of $EEGI and ran to almost .10 and ones like $HMBL Pre R/S ran over a $1 with the same O/S as $EEGI
Not to mention $SHMP pre R/S same story.
With all that being said having dug into the storyline and DD of $EEGI I'm not saying it could hit a $1 but the potential for .10 or more is definitely there.
Let's dive into some of the rudimentary DD shall we.
Firstly, the CEO Joshua Egelston is also the COO of Xtreme Organics which merged into $SDNI which moved from .0040 to $6 granted the Float is small but the rest of the S/S is large.
Josh is also the CEO and Founder of Xtreme Sports Marketing: www.xtremesportsmarketing.com
XSM's Services Include:
1. Sports Marketing
2. Endorsements
3. Event Production and Sponsorship
4. Social Media Strategies
5. Performance Monitoring
6. Syndication
7. Content Creation
8. Athlete and Celebrity Alignment
9. Product Placement
10. Celebrity Strategies
XSM's Clients Include:
1. Redbull
2. NBC Sports
3. Universal Pictures
4. Sony Pictures
5. Valvoline
6. LA Lakers
President of the company Steve Smith is also the CEO of Xtreme Fighting Championships
Both executives are critically acclaimed and respected in their fields.
The company itself is working on becoming pink current and has a strong athletic network with ties to all niches of its market and strong representation. I would not be surprised to see some news about upcoming deals being made and filings to show what the company has been up to these last few weeks. As the buying shows, it seems groups are loading for the inevitable updates from the company.
More DD should be coming shortly and I will update on the progress of the company.
PPS Target as of right now---> .10+