Replies to post #37992 on Indo Global Exchanges Pte Ltd (IGEX)

[es1]

So what is the asset value?
What were the earnings per share for the "sale" of the asset?

It was given not sold.
That is why it was an exempt transaction.

Nothing traded hands.
And it states quite clearly that it wasn't a sale it was optioned.



sale
sal/Submit
noun
1.
the exchange of a commodity for money; the action of selling something.

You must think that test driving a car at a dealership is a sale too.
It's the same process. You get to use it and if you like it you get to buy it.

Let me know when Dan gets the check for $250k and we can start calling it a sale