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13.0¢ integrated green energy solutions ltd

Ann: US Funding and Project Update, page-22

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DD72

4,129 Posts.

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11/06/20

19:17

Post #: 45169530
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Originally posted by chambo: ↑

Yep, the FINALISED funding from ADIA was due a solid 6 weeks before COVID19 shut downs when the excuses started with the new year holiday.
It was about then that a few of us aired our grievance and were roundly shouted down by a few 'morally higher' holders. Had the advice been taken to initiate a board spill this whole mess would be out in the open and directors salaries ceased.
The can has been kicked down the road for 6 months when clarity could have been found in 2.
Now there is a $50 million debt due, hidden away in unrealised loan funding, essentially leaving IGE insolvent.

Now the directors are showing their contempt for shareholders by shutting up shop and not explaining any further why delays are occurring.

Its a good thing this has all been facilitated "at arms length" where plausible deniability can be claimed.

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Chambo scroll down to the bottom of the link:

https://www.tangierservices.com/eb-5-program

it shows igp project as new giving the impression it is up and running

IGE Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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