$IGEX CEO, John O'Shea said "The way our business

$IGEX CEO, John O'Shea said "The way our business model works is that IGEX offers professionally managed and self-managed investments for a variety of investors via our comprehensive online trading platform. Jackson Capital basically provides the back end by managing client accounts and paying us a fee, or a commission. Our strategic partners, which include several brokers, as well as specialized referral groups to large financial institutions, have hundreds of salespeople who can potentially bring in new funds under management." Mr. O'Shea continued, "As we bring new strategic partners on board, like our recent announcement regarding Yellow Octopus, we have the opportunity to bring in additional funds. This new fee agreement with Jackson Capital, which is 1,000% higher than before, makes every strategic partnership 10 times more valuable. As we bring in larger strategic partners, obviously, our revenues will increase at a much faster pace."

http://finance.yahoo.com/news/indo-global-exc...00508.html

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