International Power Group Ltd (IPWG)

[imjtw2u]

did someone just wanna see if "IPWG" is still alive????
the boat is still otw....

[Dell_Griffith]

Ironically, much of this wrongdoing has been fostered by President Joe Biden’s home state of Delaware

Not a fan of Biden - AT ALL, but first of all, Delaware has been the preferred choice of publicly traded corporations for a VERY LONG TIME because of the established corporate law, as it relates to limited liability and treatment of publicly traded entities. Second of all, it's a State law. Biden was, and has always been, in the Federal government. Once they're in the Feds, they have little concern for State law because the big dollars are at the Fed level, so if there's an incentive for "wrondgoing," it's there - not in little ole DE.

If you want the REAL truth, instead of some pandering politically based garbage, this is an excellent summation of why DE is often the choice of operation.

https://corplaw.delaware.gov/facts-and-myths/

"Wrongdoing" is an absolutely ridiculous statement to make. Otherwise, just about every publicly traded entity is involved in wrongdoing.

The IPWG people were dirtbags and it doesn't matter what State they did, or did not, incorporate in. They actually incorporated IN Delaware, but were authorized to do business in FL. They're lowlifes. They could have incorporated in FL, NV, wherever, it wouldn't matter. They're slugs. Good riddance to them.

THIS IS NOT A STATEMENT OF GOOD STANDING
File Number: 2970330 Incorporation Date / Formation Date: 11/30/1998
(mm/dd/yyyy)
Entity Name: INTERNATIONAL POWER GROUP, LTD.
Entity Kind: Corporation Entity Type: General
Residency: Domestic State: DELAWARE
REGISTERED AGENT INFORMATION
Name: REGISTERED AGENTS, LTD.
Address: 1013 CENTRE RD STE 403-A
City: WILMINGTON County: New Castle
State: DE Postal Code: 19805

https://corp.delaware.gov/onlinestatus/

I attached their FL info, as well. You can see when they were authorized to do biz in FL - 2006:

Detail by Entity Name
Foreign Profit Corporation

INTERNATIONAL POWER GROUP, LTD., INC.

Filing Information
Document Number
F06000001560
FEI/EIN Number
20-1686022
Date Filed
03/09/2006
State
DE
Status
INACTIVE
Last Event
REVOKED FOR ANNUAL REPORT
Event Date Filed
09/28/2012
Event Effective Date
NONE
Principal Address
1420 CELEBRATION BOULEVARD
SUITE 313
CELEBRATION, FL 34747

Changed: 07/01/2009
Mailing Address
1420 CELEBRATION BOULEVARD
SUITE 313
CELEBRATION, FL 34747

Changed: 07/01/2009
Registered Agent Name & Address
TOSCANO, PETER NCOO
1420 CELEBRATION BOULEVARD
STE #313
CELEBRATION, FL 34747

Name Changed: 01/18/2011

Address Changed: 07/01/2009
Officer/Director Detail
Name & Address


https://search.sunbiz.org/Inquiry/CorporationSearch/ByName

[Koko74]

Someone said this is dead. But it's not. Worthless yes, but not dead. I was told by a rep at Fidelity that if it were dead we could just get rid of it from my account. Instead, because the jackwad principals made a $100 trade to the tune of millions of shares in late '21 the fiduciaries have to treat it like it's real. And cannot simply erase it. I recall as this scam was winding down they moved the business to Delaware from Florida. Delaware might have above board benefits for some companies but I would guess it's a great place to hideout. You don't need a business license, or list the owners, or have an address, or live there, etc... From Market Watch:
https://www.marketwatch.com/story/americas-indulgence-of-corporate-secrecy-like-delaware-llcs-makes-it-harder-to-squeeze-putin-11646149552

"Ironically, much of this wrongdoing has been fostered by President Joe Biden’s home state of Delaware, the overwhelming destination of choice for out-of-state business registrations. Delaware has more registered companies (1.6 million) than residents (fewer than one million), and it is easier to set up a business there than to get a library card. No ID is required. No owners need be identified."

[imjtw2u]

that slow boat from China just docked!!!!
lmao!!!!

[scvanguard1]

Here is a link to who owns the domain name now.

https://www.domain.com/whois/whois/?search=International-power.com

[gnolfinvestor]

No one...
There are probably millions of dead sites on the internet
I don't think there is an internet garbage collector of the dead sites... they just stay there forever

[Viewmont]

So who's benefiting from this website staying live? Somebody's paying for it to stay active.

[gnolfinvestor]

This was a company in england... was bought out in 2014... I think
Definitely has nothing to do with ipwg

[Viewmont]

Just curious who owns this website now, and how come it's working? http://www.international-power.com/

I have 11,200,000 shares sitting.

[Koko74]

I have 390,000 shares of IPIG pink sheet from over a decade ago supposedly worth $0.39. Can't sell it in my retail account. Their web app won't allow 5 zeroes after the decimal and less zeroes is too far away from the last trade price. And the rep can't do it either because of recent trade volume to the tune of 11,000,000. AKA $100 bucks or so. I'm assuming the volume is the principals screwing around to keep it technically alive? So they can keep claiming expenses for all the business meetings activity (lunch at Subway, coffee at Starbucks, a copy at Kinkos, etc..). I would like to get rid of it so I can get a clean chart of my retail account and not perpetually showing a $3000 loss.

[cashmir]

Agreed, but a little more pain when you are talking to the 2 bigwigs of the company face to face and they flat out lie to you when you are sitting 3 ft away from them. And I had several meetings with them.

[BearGator56]

That's about 95% of the OTC, unfortunately. Been there as well!

[cashmir]

Believe me, I already owned millions of shares. So glad I was able to finally unload them a few months ago. My experience with IPWG was the worst in my life and wouldn't wish that on my worst enemy...

[BearGator56]

LOL I never said it had anything to do with this ticker. You doubted that dead shells get used for reverse merger candidates. I supplied you info that it happens. Read the News section and you'll see several they're working on.

The post about buying into this wasn't meant to be super serious or investment advice. But at .00000000001 or whatever this trash is at you could literally own millions of shares for pennies, if it's even trading. I've got pennies in a drawer somewhere I wouldn't miss. :)

[cashmir]

And by the way, I looked at that website and don't see anything about IPWG on it. What do they have to do with IPWG? Again, are you just hoping and wishing? Not a good investment strategy, IMO

[cashmir]

Good luck! I bought IPWG over 10 years ago and got majorily screwed by this pos company. I spoke with the 2 main principals of the company, face to face several times, and they told bald faced lies that never came true every single time. I guess I don't understand why anyone would want to "wait and hope" for something good to happen with this fraud of a company when there are so many other good investment opportunities out there. But, good luck with your lottery ticket. You have as much of a chance of anything good happening here. IMO

[BearGator56]

Check out SSA Monopoly Corp on Twitter. They specialize in just that. The dead company isn't seeking out the RM. SSA takes custodianship through courts, then cleans up the shell/financials to match up with companies seeking to be listed.

Here's their site:

Website

You're welcome.

[cashmir]

So it happens all the time that company’s that havent filed financials in years, have had no news in over 10 years and have no working business phone number are sought out to be a shell for a merging company? Sounds like BS to me, but maybe you also believe in the tooth fairy...

[BearGator56]

It happens all the time for reverse mergers. Not saying it would happen to this whatsoever, but it's about the only thing that would create any value here.

[cashmir]

What would be the benefit of buying this worthless shell? This is just propaganda by the pumpers.

[BearGator56]

Hell, that's a roulette chip to sit on until someone (hopefully) buys the shell. Hmmm.

[gnolfinvestor]

The inevitable has finally happened...
Bid .000001 ask .0001

@ .000001, u can buy 1000000 shares for ONE DOLLAR

[DPS1212]

https://www.zoominfo.com/c/international-power-group-ltd/64636804

[cashmir]

Yeah, looks like it's dead again. I was just trying to help out novice traders who were hooked into thinking IPWG was going to make them rich. I am just happy to finally be out of this nightmare. I hadn't checked the price for years and got lucky, I guess. One fateful day back around 2008 I had run into Brad Kinne and he told me about IPWG. Dang, it was a good scheme. At least there were pr's etc to drag people along and keep them excited. I even visited their Celebration office a few times and spoke with Benvengo and Tuscano, so I felt like I had done a thorough dd on them. Now, there is nothing that should entice someone to buy, as long as they do the smallest amount of dd. But in this "get rich quick" mode that the younger generation is in, they just buy and don't ask questions...

[gnolfinvestor]

$59.00 of ipwg stock traded today ... enough said

[gnolfinvestor]

uh oh ...
new bid ask range .0001 - .0002
mostly .0001's today

actually surprised it took so long

in case wondering what's next ???

.000001's - .0001
just like it was for most of the last/prior 10 years

[imjtw2u]

i will still be here.... lmfao!!!!
slow boat from china....

[cashmir]

Boards gone quiet...See you in 10 years for the next pump.

[cashmir]

Are there any new billionaires bc of IPWG? Congrats if there are...

[cashmir]

Must be a lot of suckers who need to unload these POS shares. Keep up the hope. It will be going back down to .0001 and staying there...

[William777]

12(k) Suspension for the period commencing at 9:30 a.m. EST on February 26, 2021 and terminating at 11:59 p.m. EST on March 11, 2021.
Note=10-4-04 company is in the development stage

At least there is a bid/ask shown. Not for the weak of heart.

[DPS1212]

$IPWG OTCQX SPONSOR!

Securities Counsel
Gracin & Marlow LLP OTCQX Sponsor
Chrysler Building
405 Lexington Avenue
New York, NY 10174

[DPS1212]

$IPWG Now showing an OTCQX sponsor on otc website!
https://www.otcmarkets.com/stock/IPWG/profile

[William777]

I've stayed away from these stocks for years. I still have a few. But I have a feeling we might have something here. I owned this 10 years ago.

Price
$0.0003
Day's Change
0.0001 (50.00%)
Bid
0.0012
Ask
0.0025
B/A Size
90000x272307
Day's High
0.0003
Day's Low
0.0002
Volume(Heavy Day)
12,110,873

[cashmir]

Where are all the bulls for IPWG? It did about $1000 worth of volume yesterday. What a complete POS. You can say "Thanks" for me warning you...I usually don't like to rub it in, but there were some really cocky sobs posting back on how great of an investment IPWG was.

[DPS1212]

TD

[Starboard1]

Where can I buy or sell IPWG?

[gnolfinvestor]

dollar volume yesterday was under $1500...

and it will get worse ... soon imo, we'll see days with zero volume

there will still be sellers, but who will be buying this pos

BTW, in the 10 year period prior to this recent pump and dump, probably over 80% of the trading days had ZERO volume ... and that was before the stock was caveat emptor

BTW2, many retail/discount brokers won't let you buy caveat emptor stocks

[cashmir]

You will probably get your wish granted. Some people just don't want to listen. You're better off buying scratch off lottery tickets. You would have a much better chance of making money. See you in 10 years punk...

[gnolfinvestor]

well, i wouldn't care if it went there too ....

but think of this ... it had 10 + years to act as a shell for someone ... and yet it never made it there ... and now sec rules have made shells much more difficult to use ...

so good luck with this becoming a shell ... especially with a caveat emptor listing and no filings for 12 years

[DPS1212]

I wouldn’t care if it went to.00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000 00000000000000000000000000000000000
Yeah. I’m waiting for something to pull into this symbol.

[gnolfinvestor]

and in case you're wondering when it will see .0001, imo, based on how long it takes to drop to each new level ... probably in under two weeks for .0001 - .0002 - another 2 weeks for .000001 - .0001
just basing this guess on the recent trading pattern since returning from suspension
but it could be sooner ... how many people are willing to buy this pos - especially since it is caveat emptor

[gnolfinvestor]

why would anyone have to wait years for .0001, since it was .0001 as recently as 12/01/20... was .000001 as recently as 07/01/20 - less than a year ago... btw traded between .000001 and .0001 for months / and for 1-10 years before that

[DiscoveryStock]

Wonder why those "critics" are so desperate. 0003 or 0000 gives the same. No case to sell. Leave those shares there for as many years as necessary or forever. Custody plays are nice.

[DPS1212]

I’ve been waiting years for .0001!

[cashmir]

Did you hear the BIG news? Me neither...IPWG has been promising explosive news for years and has NEVER delivered. Looks like we will be seeing .0001 soon. Life is too short to waste on BS companies like IPWG.

[cashmir]

Yes, maybe another pump in 10 years, LOL. It was pure dumb luck that I looked at IPWG after many years of thinking it was never going to trade again. Thank goodness I was able to finally sell all my shares. I have a feeling Toscano was behind this most recent pump...

[gnolfinvestor]

20,000,000 shares traded at .0002 ....
since we can't see bid and ask volumes, no idea how many more shares are being bid at .0002 ... but guess what happens when the .0002 bid dries up?

.0001 comes next

and after that, there won't be a bid - like for about 10 years - stock traded between .000001 and .0001

[DPS1212]

We’re friends now. You talk the price down. I buy the shares to save the world. Like superheros!

[cashmir]

First thing we agree on.