Ignis Petroleum Group (IGPG)

[ghcnj]

cottonmather. I had never said or thought you were the enemy and I apologize if I came across that way. The biggest enemy to any company and it's stock is dilution, shorts, NSS and no news and no filings from the company. My point was simply to say that I don't think the charts over the past year based on the outside influence put on IGPG from Cornell, shorts, NSS and/or no news from the company give the full picture. I am sure that you and penny_ta are excellent at analysing charts which I am not.

With that being said I have based my decision to buy IGPG based on my research and DD and have shared that here. I have found that IGPG has kept their OTCBB status up to date so that was never an enemy and I have read their filings. The T/A is not gagged which is another good thing. The company has now addressed their enemy of dilution by Cornell which per the 8-K filing should take affect on Tuesday August 5th, 2008. This should have a positive affect on the PPS and hopefully it will also address the enemy of shorts by having them cover and get IGPG off the REG SHO (short) list. The final enemy I see is lack of PR's and updates from the company. I believe this enemy will also be addressed once Cornell can't sell into any news after Tuesday August 5th.

So I think that between the leg work and ground DD complimented by the chart analysis supplied by penny_ta and yourself all bases should be covered in regards to IGPG. I am not a chart reader but I am willing to bet your charts turn upward next week. GLTA.