I understand that there are positive developments ( capital injection/new projects/name change/share consolidation etc) planned for 2017.
Hopefully the new Board will clean the slate and deliver some long awaited benefits for shareholders and Note holders.
In the meantime its 9.52 million shares in Santa Fe Gold ( OTCBB) also appear to embark on new horizons with its new team......... http://www.santafegoldcorp.com/.
The current sp is around 5c but predicted to climb towards 30c ( refer link below). Will be interesting to see when IGS will cash in and exit the stock.