International Power Group Ltd (IPWG)

[cashmir]

This looks like something that could happen here with IPWG:

SEC Obtains Emergency Asset Freeze, Charges California Trader with Posting False Stock Tweets
FOR IMMEDIATE RELEASE
2021-46
Washington D.C., March 15, 2021 —
The Securities and Exchange Commission today announced fraud charges and an asset freeze and other emergency relief against an Irvine, California-based trader who used social media to spread false information about a defunct company, while secretly profiting by selling his own holdings of the company's stock.

[DPS1212]

https://g.imdog.me/finance/quote/IPWG:OTCMKTS

[gnolfinvestor]

generally speaking, imo, only the sec would know a) that the "grey ends in 30 days" ... b) that the company was being "reinstated" ...
AND, only the company would know that c) "filings coming"

anyone claiming to know these "facts" is probably guessing, fos, or privy to insider information - and it is illegal to post insider information

imo, ipwg is a dead pos
and like i stated earlier, would surprise me if we ever see trips with this pos again ... besides a mistaken print

[DPS1212]

You must know too. Grey ends in 30 days. Reinstated. Filings coming.

[manxy]

Down 70% in one day. Give it up.

[DPS1212]

If they were willing to pay 6’s first day back they know something. How many shares was it?

[NorfolkIP]

Someone bought my shares at .0006. I wasnt expecting anything. Nice.

[gnolfinvestor]

hmmmmmm ... no volume

for those who don't understand grey sheet / caveat emptor stocks --- there is no bid or ask ... you just put in your order (hidden) and hope someone wants the other side of the trade

so either the sec has not removed the suspension ... or no one is bidding high enough to meet the sellers... my guess

imo, no one would be willing to bid much more than .0001 - and people actually think they could ask .001 and get filled

betcha we won't see any trades in the trips ever again (unless someone makes a mistake in the number of zero's) --- really why would anyone want to buy this stock now

btw, haven't seen that letter from the lawyer yet ...

[gnolfinvestor]

hmmmmmm ... no volume

for those who don't understand grey sheet / caveat emptor stocks --- there is no bid or ask ... you just put in your order (hidden) and hope someone wants the other side of the trade

so either the sec has not removed the suspension ... or no one is bidding high enough to meet the sellers... my guess

imo, no one would be willing to bid much more than .0001 - and people actually think they could ask .001 and get filled

betcha we won't see any trades in the trips ever again (unless someone makes a mistake in the number of zero's) --- really why would anyone want to buy this stock now

[imjtw2u]

will let you know about 9:35am tomorrow morning. hoping it does trade....

[coiffure]

Any speculation on what tomorrow looks like.
Will they be trading or not.

[William777]

IPWG Information
https://www.otcmarkets.com/stock/IPWG/security

[xxxx]

wate n c

[William777]

Been here for ten years. I thought this stock was dead. Does anyone have news?

[Fredric]

Didn't nobody ask you that

[Fredric]

Yea you bet not say nothing

[Fredric]

Thank you

[Victa]

Hello Guys...Going to try and get out this stock on Friday if I can. From what I understand, no financial paperwork has been submitted yet, and don't think there will be. I'm just wondering what the sell price will be...anyone have a good guess?

[cashmir]

• Extremely Illiquid. Gray sheet trading is infrequent, and for good reason... Difficult to trade, not advertised, difficult to follow the price, the least regulation possible, hard to find any information on the stock, very small market cap, little history, and most such stocks do not yet offer public shares; so shares of such stocks are commonly privately held.

The lack of information (bids, history, financial reports) alone causes most investors to be very skeptical of Gray Sheets and avoid them altogether. Grey sheets trading is rarely made by Extraordinary Investors.

[cashmir]

This is a great stock to "invest" in if you want to throw away your money. Why would anyone want to "invest" in a stock traded on the grey market.

[DPS1212]

Solid and hazardous waste. So sure...

[Fredric]

Ok thanks. After looking at their info on otcmarkets

https://www.otcmarkets.com/stock/IPWG/profile

I see are Into turning waste into electricity n water. Do you know if that means they turn poop into water like Bill gates was/is doing in Africa

[DPS1212]

Mostly social media pump. They haven’t filed in years. Marketscreener wrote an article that they were reinstated so hopefully there’s paperwork being filed or another company taking over the symbol.

[Fredric]

Why were they suspended? If Reinstated I'm not bashing I nothing of this stock. Just brought to my attention by a fellow trader, Literally 5mins ago... might buy some if they get back on track.

[cashmir]

Unlike other financial markets,

• No recent bid or ask quotes are available because no market makers share data or quote such stocks. There is no quoting system available to record and settle trades.

All Grey sheet trading is moderated by a broker and done between consenting individuals at a price they agree on. The only documentation that can be publicly found regarding the trades is when the last trade took place.

• No SEC registration and little SEC regulation. Regulation of Grey Sheet stocks takes place mainly on a state level. Unlike Pink Sheets, these stocks have no SEC registration to possess a stock symbol or to possess shares, or trade shares, of that stock.

• Such penny stocks, similar to Pink Sheets, are not required to file SEC (Securities and Exchange Commission) financial and business reports.

• These stocks may not be solicited or advertised to the public unless a certain number of shares are qualified to be traded publicly under 504 of Regulation D.

• Extremely Illiquid. Gray sheet trading is infrequent, and for good reason... Difficult to trade, not advertised, difficult to follow the price, the least regulation possible, hard to find any information on the stock, very small market cap, little history, and most such stocks do not yet offer public shares; so shares of such stocks are commonly privately held.

The lack of information (bids, history, financial reports) alone causes most investors to be very skeptical of Gray Sheets and avoid them altogether. Grey sheets trading is rarely made by Extraordinary Investors.

• Shares of such penny stocks are privately held and restricted from being sold publicly unless such company files a 504 of Regulation D and meets basic qualifications; for instance, have a concrete plan of operation, and a certain number of private stocks being held for at least one year, and a planned sale of shares worth no more than $1 million. The benefit of the public offering of stock is to raise capital for operations.

[RJQ]

Helpful article. Appears to be a 10 trading day suspension but, article implies that trading resumption is contingent on filing new information.

https://www.bloomberg.com/press-releases/2021-02-26/sec-suspends-trading-in-multiple-issuers-based-on-social-media-and-trading-activity

[coiffure]

Question to all:
Anyone has any info. or updates about IPWG about
submitting info. to the SEC and resume trading.

[DPS1212]

$IPWG was never $418 per share. I’d have to disagree but would love to wake up to THAT!
French utility firm GDF Suez has agreed a deal to take full ownership of UK-based energy company International Power (IP). GDF has agreed to buy the 30% of IP it does not already own for 418p a share, valuing the company at about £22.8bn.Apr 16, 2012
www.bbc.co.uk › business-17725494
GDF Suez to take full ownership of International Power - BBC News

[xxxx]

IPWG, this is reality?

Someone is feeding the beast.

[DPS1212]

The suspension ends after March 11

[scvanguard1]

If this information is “correct” please explain why for the last nearly FIVE YEARS, an “aesthetic center” has been operating in suite 313?

https://www.celebrationaestheticcenter.com/

[manxy]

Viewmont.. Can you please post a working number for ipwg, the last one you posted was out of service.

[cashmir]

These people just don't want to face reality. I feel sorry for them bc they are being fed this information from an unscrupulous pumper and unfortunately believed them. They are just passing along the same information that they relied on to buy IPWG.

[gnolfinvestor]

http://www.international-power.com/

THIS IS NOT IPWG's WEBSITE !!!

there was an international power plc in england up until 2012. they were swallowed up by suez energy in 2012.
this is their old website

https://en.wikipedia.org/wiki/Engie_Energy_International

[Viewmont]

It is in the OTC market's site. https://www.otcmarkets.com/stock/IPWG/profile

[cashmir]

The second link is incorrect. Have you tried the phone number yet?

[Viewmont]

I have NOT posted any misleading websites at all. They're all from OTC markets. Everyone can see and they know it's the correct sites.

https://www.otcmarkets.com/stock/IPWG/profile

http://www.international-power.com/

INTERNATIONAL POWER GROUP, LTD.
1420 Celebration Blvd.

Suite 313

Celebration, FL 34747

www.international-power.com
[phone]
[e-mail]

https://www.otcmarkets.com/stock/IPWG/news/SEC-Suspension-of-Trading?id=291612

[cashmir]

You keep posting misleading IPWG websites. There are several International Power companies around the world. I know there is one in Pakistan. The one you are "invested" in is located in Celebration Florida. Again, I visited the office several times and spoke with the main dudes, who lied to my face. Feel free to call the phone number below. Also, I don't know why it says they are a "Stone Supplier" unless they ventured into a new business. Good Luck!

International Power Group Ltd
Stone supplier in Celebration, Florida
Located in: La Rosa Companies
Address: 1420 Celebration Blvd STE 313, Kissimmee, FL 34747
Phone: [phone]

[gnolfinvestor]

wrong website - this international power website is the british company swallowed by suez energy

[Viewmont]

I will handle it! Regardless! http://www.international-power.com/ https://www.otcmarkets.com/stock/IPWG/news/SEC-Suspension-of-Trading?id=291612

[cashmir]

IPWG has to complete the following(Good luck with that):

Before soliciting quotations or resuming
quotations in an OTC stock that has been subject
to a trading suspension, a broker-dealer must file a
Form 211 with the Financial Industry Regulatory
Authority (“FINRA”) representing that it has satisfied
all applicable requirements, including those of Rule
15c2-11 and FINRA Rule 6432.

Among other things, Rule 15c2-11 requires brokerdealers to review and maintain certain documents and
information about the company, including in certain
cases:

1. the company’s state of organization, business line,
and names of certain control affiliates;
2. the title and class of the securities outstanding; and
3. the company’s most recent balance sheet and its
profit and loss and retained earnings statement.

No broker-dealer may solicit or recommend that
an investor buy an OTC stock that has been subject
to a trading suspension unless and until FINRA
has approved a Form 211 relating to the stock. If
there are continuing regulatory concerns about
the company, its disclosures, or other factors, such
as a pending regulatory investigation, a Form 211
application may not be approved

[cashmir]

Don't worry about me little man. You should be worried about getting your $$ back. But unfortunately, that won't be happening. Again, I wouldn't wish the anguish that IPWG put me through on my worst enemy...

[Viewmont]

11,200,000 So many you call it? You said I couldn't even dream of having as much as you have. What you had 200,000 shares?

[Viewmont]

Not asking your opinion or pity. I can handle losses or winnings.

[cashmir]

Sorry, but not impressed. I'm sorry your stuck with so many worthless shares...

[Viewmont]

What's yours?

[cashmir]

So what's your point? IPWG has been dead for over 10 years. Nada, nothing no news. Why would anyone want to ressurect that? Then of course you have the recent halt of trading of the stock. Who would touch this company with a 10 foot pole?

[Viewmont]

https://sanp.us/ Santo mining Merger was and is in Vietnam. (SANP USA ticker and CEO)

[cashmir]

These guys are grasping for straws. Just move on to another stock. Do you have that much money invested in this sham IPWG that you can't let go? I sincerely feel bad for you guys if you wasted a ton of money on this stock, bc I know exactly how you feel. I felt that way 10 years ago. Anyways, live and learn.

[gnolfinvestor]

sanp (santo mining) WAS a mining company based in the dominican republic, not a vietnamese company ... kind of makes the rest of the story questionable ... they are now into medical / dna research

looks to me like the stock posted news of a new discovery / patent - and has had a wild ride last couple of weeks

prior to that company was selling .0001 - .0002
was .0001 as recently as 12/01/21 - when volume started picking up
has 2 billion shares outstanding --- THIS IS AFTER A REVERSE SPLIT --- what did it have before 200 billion shares??? like i said, makes the story very questionable