Ann: Notification to Ineligible Shareholders, page-3

i guess to prevent insolvency the directors decided to make TIG a penny stock

what i am not seeing is what all the upcoming obligations are? are there more? does this make TIG totally free of debt and obligations and has it the resources and ability to generate FCF?? otherwise this will be an endless spiral of debt and capital raisings year in year out..

i recall being the only one that read the ipo booklet front to back and there was a lot in there back then that was dead wood..

its pretty much a case of pay up or the major shareholders have diluted you to nothing...