Quotes from Macca –
Macca.. 08-Oct - “Have been told by a
little birdie who has an interest in the stock that an announcement will arrive next week on progress.”
Macca..12-Oct – “So my previous post detailing an announcement forthcoming this week”
Sorry to disappoint you macca, todays release
is not an announcement on “”progress”” of any deal, it is a response to a serious inquiry, a Financial Condition Query from the ASX that is questioning and asking for confirmation that the directors consider IGS to be a going concern and that all is well in IGS land. And I think you will find it was released by the ASX and not IGS.
Macca.. 12-Oct – “Maybe IGS contacts are after all worth listening to?”
They got the ann. bit sort of right, they just forgot to mention it was a request from and a reply to the ASX not an IGS progress report and released by the ASX?
Is the “
little birdie” an IGS or Okap employee?
Just how close are you to IGS, other than being an SI.
The ASX Financial Condition Query was dated 06-Oct your “little birdie progress” post was moderated on 08-Oct.
A Financial Condition Query from the ASX is not something Ms Flegg [Okap] or anyone else from IGS or its advisors Okap would be on the phone bragging about to associates. I would have thought that only the inner most circle of trust within IGS or Okap would be privy to this?
From the IGS response -
“The Company
believes that it will be able to obtain an unqualified audit / review report in future periods with coordinated timing of the…….”
Also, from memory the 6 month interest free loan [$162,500.00] to the shareholders of WG [WG] is due to be repaid around the 1
st November.