Replies to post #6802 on Indo Global Exchanges Pte Ltd (IGEX)

[ChitownMike]

Did you read the disclosures? Almost 500 million shares issued. No money and no assets + paid promotion = bad news

[cjstocksup]

Best IGEX post of the week and I agree 100%!

I just read the latest 10-Q. This does not sound like a scam, but a startup company that may or may not make it. They've used stock for raising capital and paying for services. That has caused some dilution, but the lions share seems to be held by vendors who must believe it will someday have value. I'm not trading this stock. I've bought a large block cheap and will hold it to see if the company succeeds. Since the CEO has invested personal funds, I'm betting on him. Just my opinion.