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Microcap & Penny Stocks : IGRM- ANY INFO
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To: Charlie Langford who wrote (37)10/24/1996 6:55:00 AM
From: todd draper   of 53
 
What you are seeing are blocks of stock being moved by two individuals
who have not paid for them in Canada. They have 12-14 days to pay for the stock or move it. That is why you will see 2-3 prints of the same size block as large as 100.000 sghares without the price of the stock moving up or down. The twp parties have been doing that since the $3-4 area. There will be a big meeting Thursday evening between IGRM management and a group of investors that could buy up the float. There ate less than 1 million shares in the float and 400,000 of them are in very friendly hands already. 600,000 shares at less than a dollar should be a no brainer. If all goes well look for the buying to start Monday or Tuesday.

TD
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