IGC Pharma, Inc. (IGC)

[Sprycel]

Well it is official, the company dumped their last debt note to Bricoleur for a .90 share conversion. They should be getting their certificate for the payoff of the $1.8 million note with 2 million shares. When they get them, you can bet they are going to run the hell out of this stock while dumping those 2 million shares all the way to a double for them. After that, there are no debt in IGC from outside the company. The company is now a debt free company with little share structure listed on the big boards and can be sold for big bucks! Lets see if this is RAM's next adventure. Wonder if they will ever post on an 8K what the board has decided as the performance benchmarks for RAM getting his 1 million shares. It is a material action and must be reported on an 8K.