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Microcap & Penny Stocks : IGNE Igene Biotechnology
IGNE 0.000010000.0%Mar 6 3:00 PM EST

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To: Fitz who wrote (7)5/13/1998 10:40:00 AM
From: TARIQ STOCKS  Read Replies (2) of 209
 
Regarding the Notes, I called the company and what I understood is that it is totally separate from the stocks. They can be used only 5 years from now payable at a rate %8. It is like a debt. It ended March 31st. The fact that people put in $5M dollars into this company for 5 years is amazing!!!!!!!!!!!!!!!!!!!!!! Most of whom contributed are insiders.

Somebody else please call to get more details, but this is what I understood.
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