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ACQUISITION CANCELLATION AND NEW INTERNAL GREAT AGREEMENT OF DESTINATION OF THE FINANCING ($8,440,000 CASH) FOR THE FIRST IMPORTANT MERGER
ACQUISITION CANCELLATION AND NEW INTERNAL GREAT AGREEMENT OF DESTINATION OF THE FINANCING ($8,440,000 CASH) FOR THE FIRST IMPORTANT MERGER.
About this update from Indo Global Exchanges Pte Ltd
[{"type":"text","content":"ACQUISITION CANCELLATION AND NEW INTERNAL GREAT AGREEMENT OF DESTINATION OF THE FINANCING ($8,440,000 CASH) FOR THE FIRST IMPORTANT MERGERFruit of the enormous quantity of impertinent and unfortunate phone calls and absurd and inappropriate emails CODISINCA CORP received last Thursday afternoon and all Friday made by intraday speculators and supposed non-accredited IGEX investors and fake shareholders, which have generated an unbearable amount of tension between IGEX and the seller, both parties, by mutual agreement, have resolved to cancel the option purchase agreement that bound them in relation to the high-mineral fluvial sands in the terms initially agreed upon and give each other a much needed period for reflection until the procurement of the results of the two counter-analysis IGEX commissioned to two prestigious mineral experts in Belgium and China.Regretting the abhorrent situation caused by irresponsible and misguided third-parties in name and false representation of IGEX, we want to thank and acknowledge the formidable professionalism of the CODISINCA CORP team as well as its extraordinarily humane disposition which we have been dealing with these past few weeks.As the silver lining of this situation, the CEO of IGEX, meeting with the Board of the Preferred Shareholder of the Company all of yesterday, Sunday afternoon, analyzing the current situation and projecting the immediate future of our IGEX, has ensured that the financing ($8,440,000) from and approved by the preferred shareholder so that the already cancelled deal (sands) was closed, is maintained and available for being applied in order to finally push the first and exciting of the THREE MERGERS which in the final phase of due diligence in perfect status, are being structured since the past November and thanks to our contribution of this important liquidity fund, we have no doubt it will be a marvelous reality in a very, very short span of time.To finish off for today, we hope during the following week we will be able to give a definitive confirmation about the cancellation and return to the treasury of IGEX the 400 million of common shares already agreed and just pending refinement on the part of the Transfer Agent.This press release includes forward-looking statements, which are based on certain assumptions and reflects managements current expectation...