Ignis Petroleum Group (IGPG)

[ghcnj]

Not only no PR's to the shareholders since Sept 2007 but does your chart take into consideration that IGPG has been on the REG SHO list (short) which seems like forever. So over the past year IGPG has put up with no news, Cornell and short positions. I don't think charts takes those things into consideration at all. Those are things you have to do manual DD on and base your investments opinions on. That is why since IGPG is not a diluted pig (share structure below), is an up to date OTCBB company, is getting Cornell out of the way and I am expecting good news soon the whole turn of events are about to change. For the much better IMO.

Share structure as of 7/23/2008

68,703,243 in the free trading float (same as of 7/8/2008)

57,806,151 shares are restricted (increased by 9,791,667 since 7/8/2008)

126,509,394 total issued and outstanding shares (increased by 9,791,667 since 7/8/2008)

300,000,000 total authorized shares