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Bullboard - Stock Discussion Forum Imperial Ginseng Products Ltd V.IGP

Alternate Symbol(s):  IGPFF

Imperial Ginseng Products Ltd. is a Canada-based company. The Company’s principal business was cultivating and processing North American ginseng in Ontario and selling the dried ginseng, almost exclusively to wholesalers in China, through a distributor. The Company has ceased its ginseng operation and is in the process of considering alternative business propositions and opportunities in... see more

TSXV:IGP - Post Discussion

Imperial Ginseng Products Ltd > At least $2.25 net per share available for distribution
View:
Post by Tree2tree on Sep 27, 2023 10:54am

At least $2.25 net per share available for distribution

Annual report is out.  All properties sold.  Nothing left to do but distribute the cash.  Everybody wants their money out.
Comment by Tree2tree on Sep 28, 2023 4:54pm
Btw, it's now clear from the report, they were just waiting to sell their last property (substantially above book value) and to receive a couple of million in government  payouts.  All that is now in the bank.
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