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Sunday, May 03, 2009 11:12:01 AM
Btw, I have emailed Greg and given him a chance to address the makeup of the free floating shares and who owns the dilution that was created when he bought IGTP. I have gotten NO answers. Maybe you could ask and see if you get better results?
And let's understand that there are restricted shares and free floating shares. Greg says he is NOT selling his personal shares which are restricted. I beleive that. But what about shares owned by LIGATT? Who owns the shares in the free float when Greg increased (AKA DILUTION) the outstanding shares at the time he purchased IGTP. Someobdy owned those 259 million shares. I wnat to know who and whether they are now selling becasue somebody is stalling us when news comes out.
For those that don't understand how dilution was created at the time of IGTP purchase go read post# 16263 from Boxer Joe. I'm not saying it is necesaarily Greg selling Ligatt shares, I'm saying Greg knows the original makeup of the ownership of those shares and does not seem to want to tell us. He keeps saying he is not selling personal shares and says nothing about the free float shares.
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