Indo Global Exchanges Pte Ltd (IGEX)

[Daguvanuh]

I think we are/were diluted. As soon as that $500k credit/loan facility was put out in mid March the stock started getting hit with some incoming shares. The news release calls it investment funds but to me it is the bonding pool. If the credit line was secured it is with stock. That to me looks like where this is coming from.. Unrestricted so they threw some in....

That being said, if revenues are growing the stock can handle this easily if it's 200 to 500 million shares. The $500k backs up the trades and is ongoing bond/insurance against the potential trader loss beyond a negative balance in a persons account. Somebody somewhere has to back the negative elements of the trades.

I don't think anyone can grow a company with 300M shares and we know there are way more than 75M in the float.
I still think there is really good potential to get this off the ground and running with good revenue growth and it may not happen without skinning a knee a time or two.. That's where we are at now I think..
I'm a believer the trading parameters took a hit in March or John would have followed up on the % gains he had been putting out the three months prior.

My target is .10 in July.. Still my target.... This is not a trading stock... John has 200M shares and he is not wanting to or needing to sell these at sub penny prices..
After cash flow positive news, then we get a very big PR campaign, then the stock will find both traders and investors......the price will hold and not be a two day spike... Somewhere down the road this stock could see $.50 - $1.00 . No its not next week or next month but down the road...
So, for me 700M shares is no big deal and I think that's where we are at.. It almost has to be to get the guarantee to back the trades with this risk.

I bot 500K more at the close yesterday @ .002 ... I have a lot of this and will have more if it trades this low again next week. Avg now .0035. Your DD can and will make you money... But it's not without risk.