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Okay, not bashing here but just continuing my DD on IPWG and trying to ask the people in the know and have ipwg on speed dial..
Why is a Renewable Energy Lobbyists group suing IPWG????
http://198.140.240.34/pa/pages/CRTVCaseSummary.jsp?case_id=33531405 &xsl=
http://www.liebman-associates.com/index.php
Does anyone know why Peter Toscano and IPWG are being sued Issa Homes, Inc??? If link does not work I will repost the chain to get here!!
http://198.140.240.34/pa/
I had found that info when the PR came out.. and found the samething with the dead link... and with a search of the phone numbers it basicly took me back to the same place. and a Linkedin type site.. Also what did not make sense to me was, a company that says it has 50-99 employees, founded in 1997 the only two places you can find their phone number is those 2 sites????
Just did some DD on www.ifitalia.it.. these guys don't look the infamous financing..
They are a factoring company.. not a finance company. IPWG has no receivables to sell nor has any money to buy!!
http://en.wikipedia.org/wiki/Factoring_(finance)
Ifitalia by skimming thru their balance sheet, they appear to be a "Public" Company again
http://www.ifitalia.it/Common/Balance%20Sheet_2008.pdf
Now this is what a news groups is about, DD!! Sharing research
"""""i All,
I have been reading this board for about a month now. Bought IPWG @ 0.0081/2million. I read ebb's post today about IFI SRL and decided if I can dig something up. I came up with this address:
IFI S.r.l.
Zona Industriale L/3
83030 Venticano Italy
TEL : +390825965544
FAX : +390825965532
Website www.ifitalia.com
Employees: 50-99 Year Established: 1997
Link: http://www.thomasglobal.com/search/23072208830-X_Ray_Detectors/directory/500530794-IFI_S.r.l./
The website ifitalia.com doesn't work anymore. But there's another website www.ifitalia.it, not sure if it's related or not.
Good luck to all. Hope we all can make some money from IPWG. """"""
I would never short a sub-penny nano cap stock. That IMHO is asking for trouble..
Yes I do own stock in this company, I even posted when I bought a dip!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42432327
FWIW I was not trying to uncover a conspiracy theory only stating a fact that the PR release dates seemed to fall real close to releasing the shares.
Share holder meetings and CC's are basicly Pep rallies. Yes they are public but, many things are not disclosed. How about filing the Late 10-Q, now that would be public. The period ended 3/30/09 we are now close to 7 months later. It really should not be that hard since they have no real income except selling stock...
Yes it may be a little counterproductive to post info, thoughts etc on something I am trying to get out of. But I believe ignoring the facts and sticking your head in the sand is even more counterproductive..
"""AMAZING HOW THEY DON'T FIND THE FINANCING DEAL, OR THE POLISH DEAL, OR ANY POSITIVE NEWS IPWG ISSUES EXCITING. SEEMS THEY ARE ONLY HAPPY WHEN THEY ARE AT THEIR MOST NEGATIVE."""
Oh I have found it and so has everyone else. It is hard to be excited after the first rush on a comapany you can't find any corresponding info from..
from PR
About ifi Srl
ifi Srl is a company duly organized and existing under the laws of Italy. ifi Srl is a private investment company that focuses finance of projects in the green energy sector as well as other development opportunities. ifi Srl has experience in the financing and development of large scale projects, including the development of green energy projects.
You can shut me up in a hurry just link info on this company ANYTHING. If they are a large scale financal backer that should not be hard at all!!
Now it looks like people here are trying to twist "ifi Srl" to "Banca IFIS" Guys Banca IFIS is a PUBLIC Corp. IPWG's PR says 'Private"
What else I am starting to find troubling, there is starting to look like a direct coordination of release dates of PR to the dates these minted shares being transfered..
Some a little to close for comfort..
Per the complaint from the SEC the 1st Conversion date was 2/4/09 and sold between 2/10/09 thru 3/18/09
Then we have PR released on 2/19/09 http://www.knobias.com/story.htm?eid=3.1.11daa4308e4f28ada0138a4df1bda8088edad9fc653ec6032f9ccc2f4d304a23 What happen to this deal BTW?
Then all this PR started to get released after the last transfer request
http://www.knobias.com/story.htm?eid=3.1.2facbf72b5023489aed92fd2f9e2f45221528279c24a790c73298c6f8ad49577
"""This is all troubling and I wish the company would addrss it."" As much as I hate to say it, I don;t think they are going to publicly. This is really looking like a lot of smoke and mirrors.
Anyone else notice? It seems like when there is a LOI or other promise of future financing it is always a foreign company that no one can get info on or DD??
And to all my haters, don;t worry, next spike of anykind (well that is if we get one) I am out and I will let you back to your dream of Italian gold.
INTERNATIONAL POWER GROUP, LTD., INC. IF YOU ARE LISTENING. YOUR SHARE HOLDERS WANT ANSWERS IN A PUBLIC ARENA. Not Private phone calls where you can say what ever you want!!
ROFL,, Well, if you hated my last post you 'all are going to hate this one too!!!
1st. I found this company because of the volume and the percentage it moved in a day, I traded it and made out with about a 300% profit. My current investment in this company is free money, I only put my initial stake back in. How many of these so called long term investors here can say they hold free shares?? I have stated this in the past, go back and read my old posts.
2nd My posts are not meant to bash but, only question the integrity of this company! Some people like to throw out the word "Integrity of the share holder" So my next question is How many of these so called long term share holders (aka Bag Holders) have been waiting on this company? I have been thru lots of old data and PR and this company has a history of saying somethings then never a follow thru or oops we don'T talk about that anymore.
3rd If you think the officers of this company have anyone else but, their "OWN" well being in mind, you really better think about that. who was the last stranger who went outta their way to make sure you financially prospered?? Especially a CEO/CFO or any other officer for that matter.
3rd, This is not a personal attack Eb but, was it you who swore that there would be PR Friday? well, it is now Tuesday night and not a word!
4th. Yes I have called the company and got the same BS you all are spouting but, as you should all know, what is said on the phone is NOT even close to being anything close to documentation. I can say I have 50 million shares but is that true?? A 10k would be nice, even a filing of the vote, hell even PR would be something at least they could be held accountable!! What do we have now? A CC most could not hear, a vote that has not been publicly released and a private equity firm that know one knows anything about except they don;t speak English
5th Why do I bitch! Because I am tired of watching un-suspecting people get sucked into the the Pink sheet pipe dreams and that they are going to be rich with a few K investment! The way you all talk this is a sure thing and REALLY are mis-leading anyone who is remotely a newbie.,. making it sound like they are in the gold with this one..
6th You accuse me of " Stealing your vision" I am sorry, I think you are more diluted then these 1.5 billion shares.. Till this company gets on the up and up, this is nothing more then a pipe dream, you really think they are going to trade at .50 cents by the end out the year with 1.5 billion shares.. You may want to do some math here.. .10 on a major volume spike with some REALLY GOOD News if we are lucky imo
7th. You are here because? "Get this straight, I post on this board to protect honest shareholders who never make it because of manipulitave MFers that have stolen the vision away from their own family here on Earth and beyond. Try that sh on me you weak POSt's(and by the way, that acronym doesn't stand for posts).""
I think you said it right there, it is a vision/ it is a dream! and that is all this company has ever showed was a dream! I am sorry you fell for this hook line and sinker. but, I hate to say I think that is all it is but, time will tell!! ALL I AM ASKING FOR IS SOME KIND OF DOCUMENTATION INFORMATION COME OUT OF THIS COMAPANY, I am not trying to dilute your pipe your dream all I am asking for is what ANY share holder should expect out of a company!!
8th If you are here to protect the intregrity of the long term share holders, then I am here to protected the newbies/un-suspecting and the un-educated on doing DD Due Diligence or keeping them from being "Brain Washed" by bag holders who have rode this thing down. Then I am Here to Protect people from putting more then SPECULATIVE CAPITAL into any position with this company. Because the way things stand now it is ALL PURE SPECULATION
9th This is from their last PR I personally would love to see something filed with the SEC as the last line states...
FORWARD-LOOKING STATEMENTS
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.
HAL-A_FRICKING-LUA
"""Good grief, there has not been a single person on this board that has said "sell your shares...this is a scam". or "all the officers of IPWG are crooks". Now that would be bashing. Enron officers told their investors information too. How about the officers at Lehman Brothers? How did that work out? Just because a company produces information, it doesn't necessarily become gospel. I think the people looking for information from other sources to support or question the official word out of IPWG are not bashers. We are just using the internet for information. imo""""
This this is probably the MOST CORRECT Statement I have Seen Here
""" WHY WOULD ANYONE BELIEVE SOMEONE ON A MESSAGE BOARD WITH ABSOLUTELY NO CREDIBILITY WHATSOEVER? I THINK I'LL BELIEVE THE OFFICERS OF THE COMPANY - WHO HAVE EVERYTHING TO LOSE IF THEY'RE LIEING."""
Corparate officers have a long history of lieing, and this company really is no different. And I am sure these guys have banked along the way... I am sure Enron, Worldcom, Lucent, All said good things in their share holders meetings, right up to going to jail.. This world is full of mis-information and all we have to go on is what is said, true or un-true.. and AGAIN NOT being a bashers as I am LONG. this company does not have a great past of following thru with what they release.. Personally, I only real probelm I HAVE right now is the LACK of information coming out of Orlando,, with all that is going on, one would think they would make somekind of statement. Yes I know there was the meeting but, NOT Everyshare holder had access, alot had to ask for their proxys, and general info was not made readily available..
Interesting.. there was 4 Form t trades for just under 1.5 mil shares, all at the same time @.062.. Wonder if someone trying to get in or out,, guessing it was from someone locked out and it was a broker call.. FYI Form T is after hours trades for the ones who do not know!!
I would be happy with any statement out of the company.... Can hear the crickets today.. a Whole 26 trades done today...
CPVD is still trading above ipwg and that now is an admitted scam
Sorry on the share count, had too many 0000's 1,500,000,000 Okay still a lot of 0's and shares
Second, reading what someone posts in a Public news group/forum is not news, PR or anything else that is offical. If you want to take what people have posted here from the ones who were at the meeting or claim to be close to IPWG they said PR was coming Friday
"Everyone who was at the meeting last week posted what was said. How can you say the company is not telling us what is going on? i.e. IPWG is working on the chill and has been""
What I am getting at is, they say all these things are coming down the pike, all that is going on with this company, meeting, chill, lack of sec filings, lack of paid corp taxes, monster potential financing, you think the company would want to keep their share holders informed.. and Not everyone was at the meeting or listened to it via a less then desired phone connection.
I said that a few times about these so called shorts out there,, When I called the company at the beginning of last week. I was told these "Shorts" are old from when the share price was over $1. Which IMHO makes NO sense at all. There has been plenty of time for them to buy and cover at VERY VERY low prices.. I am not sure why any trader, broker/dealer, hedge fund or any other capital group in there right mind would hold a short position with pretty much a 100% return. The reward is so small from .006 to -0- vs .006 to .039 (52 wk hi). I really am not expecting anykind of a real short squeeze here at all..
Also in my DD I am starting to believe that we are not going to see a share price over a few cents till there is somekind of share retirement. buy back or reverse split. With somewhere around 150,000,000,000 shares, Well you do the math...
Again, I am not trying to bash ipwg as I am long but, this company needs to get off their --- and let share holders know what is going on!!
There is a few things they should be putting PR out on..
The Vote results.
Their position on the Chill and what they are going to do or doing about it..
Updates/Highlights of the share holders meeting.
Where's the PR????????
Non italiano dello speek. Sono attaccato per mezzo dei traduttori LOL
I did and quoted.. but, I did not know IFI was like an LLC here,, I have been looking for a person.. I found the company...
Best I can tell sufi got 1/2 mil @ .007 then lowered their bid.. doing a little on vert ipwg looks a little outta their norm. looks like they trade more bio-tech..
todays trading is horrible only 40 trades.. glad I made some money on epix and vlo calls today.. Anyone here play oil?
New MM here Boys and Girls VERT this looks encouraging
http://www.vertical-group.com/about.htm
""""I am long and not attempting ot bash but the one thing I am lacking *any* real information to any degree is exactly who is "ifi srl"?"""
Careful,, I asked that question the other day and got my posts deleted..
I tried to find anything on him without much luck.. Spent some time on google and most of the pages I found that looked like there may be somekind of info who he is were "Error or not found" You would think a Billion aire would be easy to find info on. Especially one who is willing to invest into a sub-micro cap US corp with a questionable past.. And again I am NOT trying to bash this as I am long like everyone else here!!
No PR on the meeting is also very disapointing
I was thinking I saw them yesterday or the day before farther down on the bid chain. they key is if it looks like they get shares where they show up in the ask side, see if it a buy and hold or buy and scalp.. Unless this is one of the mysterious shorts buying to cover??????????
I can understand no pr till the chill is lifted since there are a few brokers not allowing trade. But, if you have ever been in Sales, one of the first rules you learn is, people want what they can't have, {Take it away). IMO that would do wonders for the PPS when the chill was lifted.. But, then on another note I feel it is the company's responsibility to inform share holders on the out come of the meeting, share holders vote, etc. For the one who were not able to attend the meeting or hear the CC.
I would also like to say I am sorry for my part in our scuffle the other day. Not going to re-hash who was right or wrong as we BOTH were guilty of both!!
There is the Knight market manipulater.. Must of had a rough night and was late... Anyone thougths on No PR this morning about the meeting and Chill update?
Interesting Morning,, No Knight on L2 Hummmm
UBSS Is UBS Secutities
http://www.microcaptraders.com/research/marketmakers/u/
Was it you yesterday said they should win and award for the most manipulated stock?? I do agree. Have been watching level 2 out of the corner of my eye today.. You have Knight trying to set the market and control the price. If you have never noticed they change their bids and asks at the sametime.. Then you have UBS who has been loading up the last few days on the dips. I also noticed they moved their ask from .011 to .01 so I would expect a wall there. well that is if it makes it back there today.... Then you also have Pershing in there trying to scalp this too... What we need is someone to come put a market buy order in for about 20 mil shares,, that should get this moving....GL
Thank You for the very informative NON Pumping briefing from the meeting..
A few questions you may or may not know the answers or was not discussed.
On the 168 mil un reg shares and clearing up that mess, did they give any feeling on what way they were going? Register or retire (buy back) the 168 mil shares?
Was there any talk on a potential reverse split in the future. IMO that would do wonders getting the PPS up and attract new investors. With a 150 bil shares it is going to be real hard the get the PPS up and earn anything close to .05 a share
I so Agree, If financing, if construction starts and if they get their books in order, this Company is going to fly.. A mans word is only as good as a word.. I like documentation and accountability. And so do real investors. Till they clear up their filings and get the house cleaned, prove to the share holders there is real cash in place, this will be a penny play pinkie pipe dream...
It looks like they have let share holders down before from my DD, Yes i have links LOL
As someone posted yesterday, at the price of the stock, and if this private equity is real.. they could take this private real cheap and not have to share future profits or share holders to deal with!!!!
Chief.. Thanks for the PM..
look who is missing at the top of the page as asst Mod..
This chart is really looking ugly and only did a half of pop on the CC, I guess all we can hope for now is transcripts of the meeting and some really nice non fluff PR would be great.. Will add more if it breaches .005 and just go for a DCB GL
Buy the Pain, Sell the Dreams
Been there, done that and asked for review..
I may be wrong and personnally I hope I am, for the long term holders here. I am going to quote some of your reply and respond
"""IPWG is not a shady or dirty company. One of Mr. Benvengo's hugest points at the meeting was that IPWG would now have their books completely open to it's shareholders. You didn't know that, so you're going by past irrelevent info."""
If they are not, even with the problems with Knight and anybody else in their claims trying to cause them harm, they STILL can report and should have had their books open to THEIR stock holder all along, that is what PUBLIC companies do! and Why have they not filed any law suites, if this problem has been going on for a long time...
"""Also, this stock is shorted at least 150 million shares, Mr. Toscano said it could be as high as 250 million shares and that up to 40 brokerages are involved. If you don't believe me call IPWG yourself, they are completely open to all shareholders and welcome all inquiries. This was also stated at the meeting."""
if there are 150mil short from hell even from .25 staying short sub penny makes no sense at all.. the RISK far out weighs the reward and ANYONES book!! As far as calling IPWG, I have, but until there are legal documents/fillings stating their claims they can PR anything they want. I can send you links to 100's of PR's from companies that is nothing but BS.(Sykes make a futune on these kind of companies) Hell I can pay a hooker to say to me anything I want to hear (bad example but, you get the idea).
""""When the PR of the meeting is released and the DTCC lifts the wrongful chill(followed probably by another PR), then you will see IPWG in orbit. Sell 3/4 of your stock if you want too, I wouldn't. I doubt you will either"""
I hope it does go into orbit, as I will still have free shares and have already booked a profit.. And YES I will sell 3/4 on a pop, I would rather have a 50% profit vs 100% loss, IF IPWG turns out to be real, have financing, clean their books, get a better rating then shady, there will be PLENTY of other buying op's along the way to the moon..
""""In addition, the financer that sits on the board of IPWG has OVER 5 billion dollars available. That's exactly what Mr. Benvengo said, not 5 billion dollars, OVER 5 Billion dollars. Over, that's the key word for whomever made the comment on remembering someone stating IPWG has a financer with an endless bank account. I think you know that someone was me and the sky's the limit on this one. Over 5 billion is not 5 billion, it's more. Also, it was the only number in the meeting that John was not specific about. IMO, OVER to me, means, endless bank account, and one that's about to grow tremendously from IPWG""""
Their PR says UP TO $375 Mil, NOT $5 Bil, I would find it had to believe ANY INVESTOR would risk all their capital in any one company. PLUS there is a 45 day DD period.Still plenty of time to change again till there are real docs, it is ONLY PR.. Speaking of the this Private Equity financing who is ifi Srl and can't find any info on him with IPWG outside of the US PR releases, and his lawyer?? Got a link??
As far as the chill, there are people with a LOT MORE INFO then we have access to who put the chill on!!!
As far as being on the board, I have seen shell pinkies, PR bought patents/drugs/companies from other shell companies and board memebers be one both,and both being worthless and have seen the SEC shut them down..
Again I am not trying to bash you or ipwg, but with any info that is public and recorded, everything is pure speculation and PR.. I will be happy to look at ANY DD or docs that is outside of a news wire press release.. Just kinda funny, you have "Green Energy" on fire everywhere, DJI just hit 10k and ipwg is bleeding on what should have been a great day.. there are still plenty of brokers allowing trade!!!!
Thanks again for the play by play..
feel free to prove me wrong, just show me the DD
depends what your goals are(exit). if you are going to be a long term holder and believe in this company.. sure.. If you are a trader and looking for a quick buck, I would wait and see if this .008 support holds, but if you are a trader I should not have to tell you that!!!!!!
If you were serious about your question, I will take you as a newbie.. piece of advice. You should have a exit plan before you ever hit the buy button!!!
1st I would like to say THANKS for the ones who gave the blow by blow from the CC.. Then I have to say I am in VIC's camp in thinking there would be a much bigger jump from this meeting.. But, I am sure the Chill is not helping..
About a potental short squeeze, UNLESS there are MANY MANY more shares then what is being reported short (which poses another problem this Co has a pretty shabby record of reporting), there is only 3.5 mil short. if auth shares are 1.5 BIL (which is also a 500 mil more shares reported anywhere I can find) so if you added a few more mil short, that still is not very much.. The thought of people holding shares short from when this was over a dollar is just insane thinking. when you have pretty much made 100% on a short position. What you are going to hold for another 1/2 penny a share!?!?!? (5mil x .005=$25K) Now that is worth the risk.. So I really don;t see a short squeeze..
I am a trader and part time investor and I have to admit I started falling for this Pink Sheet pipe dream. But this one is starting to look more and more like a dream.
I say LET'S SEE that late 10-Q filed and other reportings other LEGIT companys file. Work on getting a reputation that traders would want to enter.. this is how the pinks sheets have them listed
"""Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink Sheets. Companies in this category do not make Current Information available via Pink Sheets News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky. """
So IMHO until IPWG is willing to report and act like a real company. Traders are not going to run this very far except on PR spikes, the same reason and how I even found this company...
I am still long from .006ish and I will be dumping 3/4 @ .013ish area So I will keep a long position with my free shares just to see how the IPWG Drama plays out.... Yes I think there will be another spike from the PR that comes outta this mornings meeting
Comments welcomed just don't be a rude basher or an un-informed pumper...
DD Rules, the truth is out there!!!
If Eng is not starting till Dec and they plan start of construct at first part of year, that is pretty damn fast,, almost tooo fast. Hell I have seen them take months for plans for a 4000 sq ft house!!!!
Did they give any idea how many people were there??
Up 45% heading into tomorrow.. IMHO tomorrow is D-Day for this company and PR.. It better be good!!
Those .008 81 blocks were picked up by AUTO that is why I was trying to figure out if they were adding or covering....
L2 Watchers, Is Auto trading desk MM Auto a new player here.. Just trying to figure out if they are adding or covering?? Since I have been watching it seems like Knight and Domestic have been in control.. A new deep pocket player could squeeze them out!!! Now that would be nice....
So will Scamtrade let you buy now on The open market?? try, put a buy order in for .001 and see if the system will take it!!
Okay, not trying to be a basher here at all, especially since I am long this stock.. Doing some more DD here and replaying my conversation in my head with Peter.. He said that the DTC Chill was put on because of the 125 mil volume day back in Sept?/ Now to me looking at a chart the Volume started to get real heavy on Aug 27 and for the most part WAY ABOVE the avg thru a few days ago.With the avg vol trending up.. So why would the DTC now put a Chill on clearing the stock?? Something is just not making sense here!?!?!? And it sure does not look like all the cards are on the table here!!!!
There is Juice.. They told me on the phone that there will orange juice and breakfast LOL sorry could not help myself