Replies to post #6920 on Indo Global Exchanges Pte Ltd (IGEX)

[ChitownMike]

Backdoor share hike that wasn't reported. Huge red flag

[janice shell]

Just curious about how they do that without SEC filings.

An increase in a company's authorized capital is reported in its state of domicile. It doesn't need to be reported as a material event to the SEC; I don't know why not. I does have to be included in the company's periodic financial reports, obviously.