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The 8K is sitting on my desk and will be filed
just before the quarterly report.
Refreshing to see that the IGTG news was
picked up by numerous media sites.
What is even better, none of those releases
were from pump and dumb institutions, which
is a very good sign and adds more credibility
that the worst is over for IGTG per share
valuation.
Mythical I will give you a hint, the three
letters are _ P _. You will know who they
are within the next 2 weeks.
We can discuss this around mid-August.
As I am involved in the financial business
arena all I can say to you that there is
DEFINATELY an underwriter and the company
name that caused IGTG to withdraw the SB-2
is a "three lettered" name institution.
Hey my source could be wrong that's the
gamble an investor takes on.
Use your head as well, why would they withdraw
the SB-2. As for the rollout of products I have
no idea where they stand today.
As always when dealing with pinkies it will continualy
be the "roll of the dice".
With the withdrawl of SB-2 my interpertation
are as follows:
- They have found an underwriter who believes in
IGTG's product.
- No further dilution of stocks as they may have
a large amount of cash on-hand.
- There will be a delay for the OTC as they now have
to file a SB registration advising the name of who
stepped up to the plate.
Bottom line, believe the withdrawl of the SB-2 is a
very good sign even though it delays getting of the
pink sheets.
This is my interpertation but some financial institution
must have come on-board why else would IGTG withdraw the
SB-2.
Stockmaste you are full of it!
The document you refer tells us
that there will be no dilution
of stocks sold!
IGTG has found an alternate venue
for finance which is much healthier
for their business model.
The alternate venue is infusion of
cash from an entity that believes
what IGTG offers for public consumption
is very viable.
Puntang agree with you as well that IGTG did stub their toes in the past trying to fast track. I'm sure that during this quiet period they are creating a more polished game plan.
No longer concerned with the outstanding shares issue and if you have read the past IGTG news releases they told us about the forthcoming dilution.
Spoke to the TV producer for the Alexander Haig show on how and why IGTG product was highlighted. During the conversation he said that the IGTG is "currently" frustrated and have a back log of very good news that they wish to share with the general public. BUT they are still in the paper shuffle scenario with the SEC.
My gut instict is let them sell shares as the money is being used to reach their goal in financing their products. This stock is "coiled" and one day(probably in the next month) this will explode.
How long has he been CEO at WBRS.
How long has he been CEO at FPPL.
Thanks
For those of you heavily invested and frustrated in not
getting through to FPPL or WYSK (Daniel Moar), you may
want to consider contacting Wallst.net that had a radio
interview with Daniel Moar back in March.
The contact at Wallst.net would be Nick Iyer
(P) 1-800-4WALLST.
May be able to find some nuggets.
Thank you for reminding us of the PR from a month ago.
Still confident that this will be a sound investment but
it will take some time in my opinion:
-Due to the excellent due dilligence we know as a "fact"
that FPPL has acquired leases in CO, NM, WY in areas that
has shown that resources are underneath the ground.
-Based on the PR, FPPL implies that they are now looking
to form a team(engineers, workers etc). I must assume that
during the past 30 days they have been hiring their corporate
operations staff and their front line staff. This may take a
while....
-I'm curious when a company announces the purchase of leases,
how much later do the company announce that drilling has begun.
-For now FPPL has valuable leases so the day to day price activity is not a concern.
-In the upcoming 3-month period we are looking at 2 potential events that will light the fuse on the value of FPPL:
1)Oil breaks through the $80 barrier.
2)FPPL announces that drilling has commenced.
Regardless, FPPL has the leases and whether they partner with one of the BIG BOYS or drills on their own capital it still has value.
Agree that IGTG should keep us posted but unfortunately they cannot. This is where we stand today:
1)As I write the SEC is doing a full review on IGTG pursuant to the filing of the SB Registration.
2)IGTG has now received the official comments from the SEC and their legal counsel is now preparing their response.
3)This is a formality and IGTG needs to refrain from any PR or stock promotion until the SEC authorizes them to do so.
The last PR generated by IGTG was April 3 and thus it is getting very close for another PR which will perhaps be about the SEC filing.
Noticed a very nice spike in price at the closing a single trade of about 25,000 shares. Is it possible that someone knows this quiet period is shortly coming to an end?
Their leases are in the Powder River Basin
in Wyooming.
Looks like barrel of oil will close above $71 on Monday
The BLM web page is not the easiest to navigate while sitting in the sun working on a tan. Will have to look at it later on.
Does anyone have a friend, who has a friend that works for the BLM.
Possible "pop up" this morning.
This morning news reflects two items:
- Oil price back above $70.
- Another article bad hurrican season predicted.
Closing sell-off at the closing was based on low volume.
Question: What would prevent 1st petroleum to sell, say
one of their leases to the big boys.
Empire Research recommends Agressive Buy for IGTG.
Read the research report which you can find on Yahoo.
IGTG to be in the black by 5/31/07.
PPS should double within the upcoming year.
Pre-market today reflects .37/.43, looks possible
that we break .40 barrier today.
Once I saw this stock stuck at .25-.27 for over
a month last week, I added another 60K.
Today's news is consistent that IGTG is moving along
quite well in securing distributors not only in North
America but Asia as well.
Not sure why there has been no gyration of the PPS
it just seems like this "coil" is getting tighter
and tighter. One big news release and this stock is
going to "bust upwards" so fast.
Based on today's news, a projection of $21 million
for Secure Balance within the next 12 months for a
stock PPS at .25? Also, a very low outstanding share scenario
it is just ready to pop north.
$5.00 per share in about 2-3 years.
No one can really predict the PPS for the future or we
will all be rich and have hyper inflation. Thus let only
a handfull of us attain that goal riding this stealth stock
known as IGTG.
For the past month we have been quite secure at .25 after
catapulting from .10 based on the quarterly report reflecting
a 300% increase.
If we had another quarterly report, say tomorrow, reflecting
a xxx% increase, then stock would perhaps jump to about .40
In the interim, there are more interesting news down the pipeline and the first perhaps will be the announcement that
the SEC has approved IGTG to the OTB. Followed by the exposure of their products on Television, patent for their
other items etc
More importantly there are not that much outstanding shares
and any positive news could catipulate this stock.
So for now, my opinion is that we could see IGTG at about .50
when the leaves start blooming this spring.
You are correct News Release this AM.
Nothing new in today's PR found on Yahoo, simply
reconfirming "facts" that all of us know already.
Jersey we all have our opinions and I simply shared my
thoughts.
I made a similar comment a few months ago on a stock IGTG/IGTN
and the scenario looks very similar with HISC. I am not a basher on HISC, I like the concept, they have great international business contacts but at below .05 they are not
going to attract the financial institutions to invest until
they PPS increases to about .50 and the shortest way to attain
that goal is a reverse split or the MM's will play with this
stock.
Yes I did own HISC but got out a few months ago, a break even
investment.
Fair Warning about HISC.
They are attempting to get off the Pink and go to OTC but
at a price of only .05 seems a bit scary.
HISC has a large float of outstanding shares and my gut
instinct tells me that they will shortly announce a
reverse split. Not sure what the ratio of the RS but....
I like their business concept and all the contacts and
contracts that they have announced but for the immediate
future, I would be quite nervous as a shareholder.
OTC Listing but when?
Realize the press release said between 30-60 days but
listening to Sand on the radio Friday he said in about 30 days.
Regardless they now have a strong distributor which means
products are just about ready to be distributed. They are
just about to ramp it up.
Interesting trading pattern during the past week, PPS
rising on heavy volume and PPS dropping slightly on low
volume.
Since the R/S the outstanding shares available is quite low
especially for a pinkie and a short squeeze should also be
considered.
All indications should find us setting a solid base between
.30-.35 by Friday.