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~IGRU.PK -(International Gold Resources Inc)

Started by Mo~Money, October 24, 2007, 07:58:24 PM

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Mo~Money

Chart looks sweet to me ;), thats why I had to pick me up some today! Looks to me like a G-pattern; its a shame eliteG's not here to confirm that. God I miss that guy... Anyways would love to get someone else take on it... L8TA!!


http://stockcharts.com/c-sc/sc?s=IGRU&p=D&yr=0&mn=4&dy=0&i=t51412691211&r=7576
Plan the trade! Trade the plan!

Mo~Money

Sold out today think she might be getting a little top heavy... I'll take a 12% gain in a day; profit is profit right? still think it may go higher tho....GL to anyone in!

Plan the trade! Trade the plan!

setravis

IGRU.PK
International Gold Resources Announces
Resignation of CFO; Discloses Financial Issues
International Gold Resources, Inc. (IGRU) announced that Mr. Roland
Vetter has resigned his positions as President, Chief Financial Officer
(CFO), and Director in order to pursue other interests. The Company's
Board of Directors has appointed Mr. Tim B. Acton, Chief Executive Officer
(CEO), as President. As previously reported, the Company in April
of 2007 appointed Mr. Acton as CEO of the Company. Since that time,
Mr. Acton and other new members of management have undertaken a
rigorous and comprehensive review of the Company's books, records,
and disclosed financials. On October 23, 2007 this review uncovered a
number of potential fraudulent acts and misdeeds against the Company
dating back to the filing of Form 10-KSB for the period ending October
30, 2005. The Company has informed its independent accountants and
intends to launch a forensic audit of its Brazilian operations in an expeditious
manner in order to resolve these issues. The issues discovered
to date relate only to past acts that occurred at the Company prior to
the appointment of Mr. Acton. None of the foregoing issues negatively
impact or call into question the Company's title and right to the Cupixi
claim blocks in the State of Amapa, Brazil. At this stage the Company
cannot state with certainty the scope of any potential fraudulent acts
and misdeeds perpetrated against it and what economic impact such
acts will have on the Company and its previously disclosed financial
statements. Management will notify the SEC and investors as soon as
these matters are resolved and the Company is able to state with confidence
the amount of any economic losses and restate its past financial
statements for those periods impacted. Likely, the Company will have to
restate all of its financial statements filed since the Company's reverse
merger into Montpellier Group, Inc. on August 19, 2005.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis