InvestorsHub Logo
Followers 116
Posts 11877
Boards Moderated 1
Alias Born 03/08/2004

Re: look1 post# 52972

Saturday, 08/13/2016 7:38:05 PM

Saturday, August 13, 2016 7:38:05 PM

Post# of 59549
Twice in the past year

creditors have filed to liquidate IGNG

For IGNG to "make it" it needs

1) to pay the $2 million in arrears to the bankruptcy estate

2) to pay the 2015-2016 noteholders that it is already in default to

5( then raise a few million dollars to conduct clinical trials and submit a PMA to the FDA

did you see the current 10Q released on friday? It seems they have given up on the C-arm repar business and the 3 d printer sale business. $5,000 quarterly revenue doesn't pay a secretarial salary, let alone all of the above

#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,