This stock is pure promotion in the past and still so.
The technology seems to gel this year. And reverse split made it more realiztic. EAG is Amex stock and has its limitations.
The business is now banking on iptv using satellite(iridium) and media feeds. It has some sales to the government, and reputed to be installing a system in an apartment building with several partners of various technology.
The headend equipment is very interesting.
We are starting to watch this development. Previous reputation of this stock is very foggy at best. Microstock covered it for a while. But, it may go under for lack of business. Very risky if you want to invest in this internet stock, high flyer of the past($500 stock in 2001). |