65% at $100k + 50 m shares @ current $0.007 = $350,000 with option over 3 months for another 35% for $200k + 1%NSR.
This is such a blindingly bad deal for IGS SH and only demonstrates the Directors are only securing there fee's with NO "value adding" to IGS SH or the company.
What a terrible outcome for IGS SH whereby destroying value in IGS selling 40% future income in a project that people liked IGS SH).
IGS Directors could have created value by Latin Gold IPO but chose to secure Director fee's.
Great deal for SEG SH, SH%T deal for IGS SH.
absolutely dumbfounded !!
IGS Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held