MacLeod22, Are you happy for the exchange of debt for .001c...

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The Mole

948 Posts.

122

07/03/18

11:28

Post #: 31584754
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Originally posted by Macleod22 ↑

Tony Sage has indicated to me that he has waited a long time for IGS to be resurrected. With friends on board I can only hope that the future is a lot better than the past mismanagement.

The company has been kept alive via Con Note holders and Sage paying off creditors.

Contrary to what I was continually told by Tasker ....Winter Gardens would refund the $200,000 and directors were working free have been proven incorrect. The WG money has been written off and directors now will receive shares.

I now anticipate IGS name change, injection of capital, capital raising and new projects purchased.

As long as my converted Con Note shows a profit after relisting I will enjoy the ride. It's a new beginning where everyone should be happy that not all is lost.

We still have Sante Fe shares that will now be sold asap.

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MacLeod22,

Are you happy for the exchange of debt for .001c share price?

The only people taking a hit are the shareholders. We go from owning 100% of the company to only having 25% of the company.

And as stated before, how and why did OCRA bankrupt Latin Gold. Who failed to do the due diligence when the Corvette merged with Tianshan in 2009.

Tianshan had no debt in 2009 and the merged entity had no debt in 2009.

So how could OCRA have this claim against IGS in 2008?

TS should as a director of the new merged entity come clean and fully explain how this happened before there is any vote.

This whole thing stinks.

IGS Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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