Is there a "conflict of interest" ?? by Tony Sage in IGS ?? any ideas ??
IGS is owned some 23% or 166m shares by CFE approx, CFE is controlled by Tony Sage !
IGS owns 93% of Latin Gold (UK) which owns the Brazil gold project and Tony Sage is a Director of Latin Gold (UK).
So effectively if i have this right ? the only project IGS has (Brazil gold) and the major sh CFE controls the vote of IGS and Tony Sage is the Director of Latin Gold (UK) then isnt this a conflict of interest as Tony Sage through CFE and its control of IGS can manipulate IGS at all times both through share holding by way of CFE and being the Director of Latin Gold (UK) !! So effectively IGS sh cant do a thing due to CFE shareholding in IGS which is controlled by Tony Sage and Latin Gold (UK) controlled by Tony Sage (Director), thus other IGS SH are completely helpless !!
I think an investigation is required here ???
IGS Price at posting:
0.1¢ Sentiment: Sell Disclosure: Held
