IGS 0.00% 0.3¢ international goldfields limited...

Medical Marijuana Harvest Revenue, page-18

  1. 5,656 Posts.
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    Rod was the only one on the NKP thread from 2010 to 2013 who called it all the way. He was spot on all the way!!

    Didn't you claim to JV's that never happened at NKP in that time??

    So IGS are out of money.
    If any take over or such like is on the cards. Or a change to the original deal.
    One would think a prospectus would have to be logged. Share holder vote to not only approve this new deal, but also macca's shares.

    Given the original deal had WG getting 1,500,000,000 shares at .005c and the price is now .002c. The dilution on any new deal will be even more hideous.

    There is also the little fact of the $1,300,000 of debt and a min of $1,000,000 needed above this to meet the asset test of listing rule 1-2.

    Then a consolidation. (Which the market just loves if still planned!!)

    Things have gone from bad to worst on any deal on a dilution basis. imo.

    Lets see if this comes out of the trading halt on Friday or going into suspension. I know which one I am pickking
 
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Currently unlisted public company.

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