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To: Big Dog who wrote (21990)5/28/1998 11:42:00 AM
From: musicguy  Respond to of 34592
 
I got in IGNE after sell off.. and I'm glad I did... did you see the DD from undervalued dog? 1.9 mil float on a stock that sells for .20!!! Insider buying, entering manufacturing phase...

successful lawsuit :

According to a report from "Small-Cap Investment Center" published yerterday, ADM will settle the lawsuit in favor of IGNE. Major terms include, but not
limited to, that ADM will stop the production of astaxanthin pigment and IGNE will receive $100 million from ADM for next five years, $20 million a year.
This money should allow IGNE to build up a manufacturing facility for massive production of AstaXin(r). Also, the company will be able to pay its
shareholders some dividend at $0.50/share per year s . Since ADM will no longer be allowed to produce astaxanthin pigment, IGNE will be a major player in
this market worldwide. it is estimated that revenues will top $100 million in 1999 for the Company.

that is pretty amazing...

I'm in

MG