News

Indigo Energy Shareholders Cancel Common Shares

August 21, 2003 by Jeff Shepard

Indigo Energy Inc. (Napa, CA) announced that certain shareholders, who are former officers and directors of the company, agreed to cancel 6,470,000 of their common shares of the company, to enhance the ability of the company to implement its new business plan. The amounts and the names of the former officers and directors are as follows: 3,000,000 common shares by Christopher Gabrys; 500,000 common shares by Rick Campbell. Elaine Collins, the wife of Indigo Energy's President and a Director Joel Bloomer, agreed to cancel 2,970,000 common shares.