News Monday - $IGEX passes the no convertible test
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(Total Views: 307)
Posted On: 12/07/2019 2:30:32 PM
News Monday - $IGEX passes the no convertible test...and the no Promissory Note and even no debt arrangement test: very rare in the OTC:
They are Pink Current too so no worry there. But on Page: 4 it does have something that is beautiful lol to every OTC persons eyes: underneath the below statement, a big beautiful empty box below listing no toxic financing:
”Check this box if there are no outstanding promissory, convertible notes or debt arrangements”: X
https://backend.otcmarkets.com/otcapi/company...59/content
That and i only see 38 million Common Shares issued to Jason Black in August as salary..but they are Restricted. But even if they were not, 38 mil could be absorbed in a week no prob with this volume, leaving absolutely no Common Shares left to dilute.
There are stocks in the OTC right now, that are diluting tens of millions or hundreds of millions of shares with any kind of high volume - Not the case here and can’t be with whats on the books. Period. And with this impressive RM led by James who sold his last sports nutrition company for $140 million: IGEX is one now to watch cause at least lol its not some elaborate toxic finance trap that we all walk into and lose again.
Interestingly too on the Q report, the other issued Common Shares that were Unrestricted and could have diluted, chose to cancel these dilutive shares - almost 150 million of them. That just happened last August too - so i guess no one can say that this newly forming company is dumping or setting up to dump on the OTC: it now has my respect and attention:
On 08/06/2019 Kierford Wood cancelled 40,000,000 common shares in satisfaction of a debt restructure agreement. On 08/06/2019 Robyn Goulding cancelled 107,799,293 common shares in satisfaction of a debt restructure agreement. On 08/14/2019 Jason Black was issued 38,125,000 common shares in consideration of salary and expenses incurred.
Im done with toxic conversions and traps set by all these OTC companies. I may buy into them if huge news and momo but wont post big support for them anymore (i dont want to lose other peoples money more then my own cause its the worst feeling...). So I am looking for companies like IGEX who can pass the no or minimal conversions test and have huge news coming...: and they already have national sales in many major accounts with multiple SKU’s, which are unique, and best of all they are in their best breakout growth years right now.
All you have to do is put any city in U.S.A. - in the companies search, and see all the locations where the many different SinFit products are sold - im gonna buy some this weekend here in Detroit area:
https://sinisterlabs.co/a/store-locator
They are Pink Current too so no worry there. But on Page: 4 it does have something that is beautiful lol to every OTC persons eyes: underneath the below statement, a big beautiful empty box below listing no toxic financing:
”Check this box if there are no outstanding promissory, convertible notes or debt arrangements”: X
https://backend.otcmarkets.com/otcapi/company...59/content
That and i only see 38 million Common Shares issued to Jason Black in August as salary..but they are Restricted. But even if they were not, 38 mil could be absorbed in a week no prob with this volume, leaving absolutely no Common Shares left to dilute.
There are stocks in the OTC right now, that are diluting tens of millions or hundreds of millions of shares with any kind of high volume - Not the case here and can’t be with whats on the books. Period. And with this impressive RM led by James who sold his last sports nutrition company for $140 million: IGEX is one now to watch cause at least lol its not some elaborate toxic finance trap that we all walk into and lose again.
Interestingly too on the Q report, the other issued Common Shares that were Unrestricted and could have diluted, chose to cancel these dilutive shares - almost 150 million of them. That just happened last August too - so i guess no one can say that this newly forming company is dumping or setting up to dump on the OTC: it now has my respect and attention:
On 08/06/2019 Kierford Wood cancelled 40,000,000 common shares in satisfaction of a debt restructure agreement. On 08/06/2019 Robyn Goulding cancelled 107,799,293 common shares in satisfaction of a debt restructure agreement. On 08/14/2019 Jason Black was issued 38,125,000 common shares in consideration of salary and expenses incurred.
Im done with toxic conversions and traps set by all these OTC companies. I may buy into them if huge news and momo but wont post big support for them anymore (i dont want to lose other peoples money more then my own cause its the worst feeling...). So I am looking for companies like IGEX who can pass the no or minimal conversions test and have huge news coming...: and they already have national sales in many major accounts with multiple SKU’s, which are unique, and best of all they are in their best breakout growth years right now.
All you have to do is put any city in U.S.A. - in the companies search, and see all the locations where the many different SinFit products are sold - im gonna buy some this weekend here in Detroit area:
https://sinisterlabs.co/a/store-locator
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