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Matt, I want to apologize to you and the other iHub members for my part in the IPKL board "battle." I lost my temper and acted out immaturely. If given a second chance, you have my word that it will not happen again. I understand that I violated iHub's TOS. I understand that what I did was wrong. It will not happen again. Please allow me to parole out.
Thanks,
Ryan
Matt, I have attempted to contact you several times. I have still not heard back from you. If you would, please let me know what I have to do to get out of jail. What is my bond set at?
Matt,
My account was recently suspended as a result of my shenanigans on the IPKL board. What do I need to do to resolve the matter? Please let me know. Thanks!
oh sorry...I probably need to take down the picture of Kanno...having a nice debate over there with the IPKL boys...
You know, when I first questioned the JV...I didn't expect it to be met with such ignorance and closed-mindedness. I simply posted a different point of view.
Now you are making personal attacks Portlander. Rather than making personal attacks, why not do some DD and show me something that validates the JV? Heck, why not even show me something that validates IPKL as a company?
You guys sit around all day...wondering why the PPS isn't moving...wondering why the MM's won't buy shares...
Did you ever take the time to think that this could be the reason? Perhaps other people see what I see. The CONCEPT of a JV...nothing more.
Yes...I would have liked to turn a profit. Isn't that why you guys invested into this POS in the first place?
And last time I checked...IPKL has been trading between .009-.0013 all week...
MM's won't fill orders though...won't buy shares...does that not tell you something?
The MM's don't want shares of IPKL. lol
If that is a risk that you want to take...so be it.
Your due diligence is apparently not very diligent however.
Can someone please show me something that attributes credibility to IPKL? When is the last time that they released financials? What other deals do they have in the pipeline in case the JV falls through?
i guess that your sarcasm-detector didn't go off on that one...lol
yes...a distasteful joke...but a joke nonetheless.
I have never said that there is not an opportunity to make money here. Never have I doubted that. I even made money when I sold my IPKL to buy more PYPR. That still does not make IPKL a legitimate business. What about Enron and Worldcom? I am sure that people were making money there too...before that world came tumbling down.
And as far as PYPR...well that is a whole nother can of worms. PYPR has it's problems too...trust me. However, I am in the know with PYPR right now...and I know the beast that I am dealing with. And when they announce JV's guess what...both parties release PR's. Why is the same not true for IPKL? (yes, I know that they do things differently in China...please come up with a different answer)
Portlander10,
Just because a company's PPS goes up does not make the company credible. Yes, you may stand to make a profit here. I do not doubt that. But take a look at what happened in the stock market today after a company lacked credibility(or lied if you will). Hint: the stock starts with an S and ends in an LJB.
I am not going to buy back into IPKL until I feel that the company is credible. At this point I do not feel that it is such.
What would make me feel that the company is credible you might ask?
Well, it is quite simple. When, and only when, proof is provided by China that the JV is legitimate.
I have sent two e-mails to CCII (one to general info, the other to Peng Cheng? Head of Mine Safety for CCII). No Reply.
I have sent an e-mail to NCDRC. No Reply.
I have sent an e-mail to Chinese Central Gov't. No Reply.
I would send an e-mail to YongAn, but I cannot find an address or point of contact.
Didn't your mother ever tell you, "Don't believe everything you hear?" Let me make an addendum to that statement. "Don't believe everything that you hear from IPKL."
Do not forget that it was not long ago that this stock was being blasted as being a Pump and Dump.
I am providing nothing but DD here guys. Please provide factual DD to refute anything that I have posted.
Let's make sure that I have my facts straight and we are on the same page:
IPKL has received naming approval for the JV (Nov. 2nd PR)...Correct?
The JV (involving CCII and YongAn) has been approved for the name "GuoAn Mining Communication Equipment Co. Ltd.(Nov. 2nd PR)"...Correct?
"Chinese Central Government" was the one that approved said naming of the JV(Nov. 2nd PR)...Correct?
Mining death accidents are a huge problem in China (just open a Chinese News Forum)...Correct?
Mines/Mining Deaths have been at the headlines of Chinese News for quite some time now...Correct? (if you need references to back this up I have them...closing of 8,000 unsafe mines made yesterdays front page)
So...what I want you to think about is this. Would it not make sense that the Chinese would release SOMETHING about this JV. Afterall, it is a big step towards mining safety and saving the lives of thousands of Chinese. Even if you are still in the negotiations stage, do you really believe that this would not be newsworthy? Chinese news is riddled with mining accidents/deaths day after day. Why would the Chinese not report something this significant that could possibly save thousands of lives? I have found reports of Joint Ventures that involved mere maintenance free batteries. If maintenance free batteries are worthy of mention, why not something that has the potential to save lives? Please don't give me this crap about..."Chinese do things differently." Yes, they may eat with chopsticks...but NEWS is NEWS.
So...this leads me to my next point. And I feel that it is a very valid one. And hopefully you will to.
I want you to do some research on the approved name of the JV. I have. Let me know what you come up with (i know what you will come up with). Again, the approved name of the JV is:
GuoAn Mining Communication Equipment Co. Ltd
If this is the name that has been approved by the Chinese Central Government, then they should be able to verify it. Why would they keep something of this magnitude hidden from the public? They do not bother hiding the fact that thousands are dying in mines each year, so why on earth would they hide the fact that they will be able to save these same lives that they have been losing?
Is it because IPKL's product has not been tested? or perhaps does not work?
Something is not right here. Please tell me that I am wrong. Please. You are obviously not seeing what I am seeing if you feel otherwise.
In one of IPKL's PR's...they stated that the CNDRC APPROVED the JV...
Which sounds to me like the CNDRC would have knowledge of the JV...since they supposedly approved it.
I sent an e-mail to this address:
wss@ndrc.gov.cn
The address is for the ministry of foreign affairs. It is listed on the website that I posted on the board for the Chinese National Development and Reform Commision...hence the 'ndrc' in the address.
I received a reply back from them that was marked as received at around 3:00a.m. this morning, which I guess makes it around 3:00p.m. their time?
I couldn't check my hotmail account until just recently because it was saying that "The server is too busy, please try back later..." So I gave up trying to check my e-mail...just tried a few minutes ago and booyahhhh...there it was.
They simply stated that they were unaware of a JV with iPackets. Is it possible that iPackets is operating under a different name in China?
If I were you I would try to send them an e-mail as well. Maybe if they get enough e-mails regarding the matter it may "jog" their memory. I dunno.
At this point I ask for someone to PLEASE show me something stating that the other parties indicated in the JV (CCII/YongAn) have in fact entered or are entering a JV with IPKL. And I don't mean a PR sent out by IPKL. I am beginning to think more and more that this thing is a PAD.
JMO
Does anyone know why the National Chinese Development and Reform Commission knows nothing about a JV with iPackets? Afterall, they are the ones that approved the JV partners in the first place (China Coal Information Institute and YongAn Investment Guarantee). If they approved the JV partnership...should they not have record of them doing so?
I tried to call Kanno today to ask him why this may be the case and was un able to get ahold of him. Has anyone else tried to reach him?
I will keep you guys posted if I find out anything further.
where were those 2,000,000 shares @ .0073 hiding...bastard MM's
no...my position never went red...I did put a sell order in @ .007 and was going to be done with the thing if/when it went back up...
But I probably would have done something stupid...like sell @ .005...
luckily the cable guy showed up and had to unplug my cable modem for about 45 minutes...lol
from the looks of that pic...he is smoking a J...not a cigarette with that dumb ass look on his face.
I just want to take a moment to thank all of the old farts on this board. Thank you for being so old and wise...lol
Seriously, I have learned more on this board...than I have learned the entire whopping 7 months that I have been trading...
So...go ahead and give yourselfs an "Atta Boy" and pat yourselves old wrinly asses.
I would have F^^^ED this play up a long time ago...green is good.
Thank You!
good tunes...they are taking the edge off...lol
OT: no, but the way I was acting earlier you would think it huh? lol
looks like we may see 200mil in vol today...hoping for EOD run
Time to hit the ask guys...even I wasn't so BROKE...I would be doing just that...lol
OT: good thing the cable guy just happened to pop up to fix my cable modem...I might have done something real stupid...like sell @ .005...lol
OT: My position never went red though...good thing that I got in early...(.0034...then more at .0048...0049 averaged down to .0041)
OT: someone needs to drag that SLJB CEO EURO TRASH mutha out pack and put one in his head...berry? lol
Isn't someone on this board due for another haircut? hmmm...drugtester? lol
i have to confess to you guys...the shake...had me shakin...lol
the photo of the CEO is why SLJB tanked...lmao
hey...well make sure that you guys let me know before you plan to sell...if you have 8 million...that means that lebed has/had %1 of float also...lol
lol...feeling a little more confident now...just canceled my sell order @ .007
yes...but look at NDOL now... .135 lol
most likely...yes eom
i guess everyone is taking the time right now to put in their sell orders huh?
i think im going to throw up
glad to hear that guys!!! eom
it's funny how the usual LONG and STRONG posters are suddenly not posting anymore...I guess that they weren't as LONG and STRONG as we thought that they were.
this is true...eom
o.k. I am becoming emotionally attached(pissed off) I need to stop...lol