If the IGEX/SRSR transaction goes through, SRSR is a better buy than IGEX. Here's why:
If you are contemplating an igex post split position, you have three options:
(1)you could just buy igex after the split at whatever price it trades
or (2) buy igex shares now at the ask (.0001)..every 1,250,000 share purchase will cost $125 plus commissions and net you 1000 shares after the split,
or better (3)buy srsr shares at the ask (.004) every 31,250 share purchase will cost $125 plus commissions and net you 1,562 shares after completion of the split and sale.
The $125 amount is just for illustrative purposes to reflect the relative values.
The nemo property is real and your risk/reward is pretty awesome IF management delivers.
m2m
