Ocra I am not implicating anybody but you know too well that any director dealing in shares with knowledge not released to the market that would affect that share price is called insider trading.The amount of money does not matter the same principle is involved.
This whole deal has soooo many questions.The concept is great the conceived plan of execution is illconceived and may attract a lot of investigation.The press are asking questions,quoted today that 2 major shareholders were aware of the deal prior to CR.Despite the benefits of the deal for both Igr and Slr shareholders the construction of the deal between 2 parties has been very professional but very amateur and naive.Slr have said "this deal has been in the making for over 3 years"
So now we are all to believe they knew nothing prior to the CR which drove down price to .29c.I received an email from CC 3 weeks prior to the announcement of the CR,he was in New York.Why was he in the US,no presentation announcements,no trade shows,he was gaining support from our major shareholders.Examine the trading from some of our major shareholders prior to CR when the price was driven down.
There are a lot of questions to be asked and answered,this is a public company,it does not belong to major shareholders and shareholders pay directors and management to manage the company in the interest of all shareholders.There are rules very clearly established and have to be abided by all companies.
IGR Price at posting:
41.0¢ Sentiment: None Disclosure: Held