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Re: es1 post# 156125

Thursday, 05/18/2017 10:34:48 PM

Thursday, May 18, 2017 10:34:48 PM

Post# of 165854
Question, how can IGEX owns asset if the terms of acquisition have not been met yet? If the deal fall through, asset goes back to SRSR? I am wondering..

Under the terms of the acquisition, the Company will file a Form S-1 to facilitate a distribution of shares so that post-split, 95% of the Indo Global shares shall be held by existing Sarissa shareholders as of the record date, while 5% will be held by existing Indo Global shareholders. Sarissa shareholders will receive 1 new share of Indo Global for every 20 Sarissa shares held on the date of record. The Company intends to file for a name change to Niobium Technology Corporation, a symbol change to “NBTC,” and for a 12,500:1 reverse split, for approval by the Financial Industry Regulatory Authority, Inc. (“FINRA”).