IHG intellect holdings limited

anyone??, page-10

  1. 3,032 Posts.
    re: give it a break! gday roamer...do u have any thoughts as to y the 5 sophisticated investors and ING bank and ABN AMRO bank would be going anywhere near ihg if they didnt feel that this would have a chance of making a company turn around..after all the 5 investors have already loaned ihg $7.5 million with the right to purchase another 336 million shares at .025...if they take up the rights issue thats another 15,900,000 dollars then there's the oppies at .04 cents for another $3,000,000 for a total of $26,400,000 and 44% of the issued shares[fully diluted]...of course the rights and oppies dont have to be taken up but still $7.5 million is a good whack.

    your views and others welcome
 
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