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When did they say that and weren't you suppose to go to IPWG office this week?
So let me get this right. You’re saying after the company dilutes all the shares and has no more money coming in, they will offer the company to the Irish and then the Irish is going to buy back all or part of the shares, go private, and live happy ever after. Do you think the Irish are that gullible?
This was a freak encounter. The message appeared like it was said recently, then I answered and then today checking back in it shows it was dated last year. I thought I was in the twilight zone. Very freaky and if anything good came out of it I would say that I had a close encounter with the almighty, walk around with a staff and claim to be Moses.
Yeah we did a damn good job promoting this stock when everything looked right. I thought the SP should have been even more back then and before the demise was discovered in 2008. Good for you!
I used to think these comments were facetious but now I'm confused. Maybe it would be better to elaborate a little more.
Can we start singing turn out the lights Irene since there “ain't no” action on IPWG since the end of last year, except minute for the shorts?
Who would play this loser stock since 2008 when I said it's a scam and I'm was the chief engineer? Is it just people would throw money away. Throw some to me if you're that stupid.
It took one (1) dollar to raise this up to two (2) bucks. When is this going to end?
Ok so if I win then I win nothing, and if you win then you win . . . ?
I am certain too and I choose to not to play the game. Let's see who wins!
Why do ya think it's the company’s performance or just that it's a play on stock price and wishful thinking because somebody is bound to lose?
United States v. Gunter, et al., (that means friends)
Case # 8:08-cr-00172-T-26EAJ
Case Status(updated 5/13/2011): The Court set the following deadlines: (1) the government shall furnish its exhibit list to the Defendants on or before October 3, 2011; (2) the parties shall file all pretrial motions on or before October 28, 2011, with responses to be filed on or before November 14, 2011; and (3) trial will commence on January 30, 2012.
3 billion now equates to $300,000, hardly a good CEO's salary now a days and loaning money to a pinky company is wishful giving but no guarantee that you'll get any return on that. It’s a gamble for the wealthy and pinks are known to be successful but often more times than not rarely turn a coin. I think the Irish found themselves in a losing situation and wrote it off, moved on, and what’s left but two guys and a truck who won’t admit it. IMHO
We haven't heard word from the company, since the announcement, that the Irish wants any part of IPWG. What has anybody heard about if they are still there from asking simply that question?
Why cut back? It doesn't look like IPWG is cutting back. IPWG resembles the Eveready bunny it keeps on diluting and diluting and so on and so on IMO.
I probably would have a much better outlook if I was one month into this too. But it has been almost several months without communication and several years of reporting events that never happened.
What makes you think there is anybody there anymore (management) except the CEO & CFO. I've been saying I don't believe the Irish stayed around after the announcement. IMO
42 million in 8 years! I've seen this kind a cash burn on t v. Lottery winners where are they now. It's a shame you sucked some many honest believers in.
What happened to the UAF –vs – GBRC filed a temporary restraining order in the state of North Carolina, Wake County, restraining GBRC from selling, disposing, moving or relocating any of the Company’s assets decided May 2, 2011.
Frank is up to his old but old tricks again just like at GBRC and he thinks he’ll be forgotten. We shall never forget that GBRC was a scam and this new venture is also a scam. In fact you can’t claim perpetual motion for patent. The address on this newest scam is Frank’s address on Bortons Rd in Marlton, NJ just down the street from Little Mill golf course. Paul Gilgallon of United Capital Group is one of the money men GBRC was originally involved with. http://www.unitedcapitalgroup.com/perpetual_wind_power.php
What and when has something the company said came true? If you’re so company oriented then at this cheap SP buy some more stock.
Yeah really or it didn't work in hind sight. So if there isn't the add-power unit any more what does IPWG bring to the party? I mean aside from something that was once tangible and now imo gone, what is IPWG about but a couple guys who hope to do clean up, provide power and water in ways different than many others who are doing it, have plenty of money and already established plants? What’s the difference with people who have the same desire but go down the tubes because of a stiff competition and high skills of the trade?
It might be additional pay for Michael Maguire, V P of Engineering, but as long as IPWG is "non-reporting" and finances are "unaudited" then we could go on speculating. I wonder what happened to add-power? It gets credit in the most amount $ of their unaudited balance sheet although it's been a number of years that I've read any thing about the add-power unit.
Who knows! Your guess is as good as mine. There is nothing written in stone because it is unaudited and then, according to some people, they don't have to report anything anyway.
I don’t buy them not having the money, to go after money, that’s as good as in their pocket. Seems to me IPWG has paid out some pretty good fees from the April 20, 2011 Unaudited Statement: Legal & Professional Expense . . . . 385,969.83
Is it just me in thinking that the unaudited statement coincides with more dilution?
The judgment for a series of folks listed in the suit was ordered. IPWG was one of those folks. You don't need much money to go after a judgment and usually the money is then distributed to the compliant parties. But if you’re not a reporting company like investor said the just maybe they kept it quite and not reported it. In fact maybe they have handled all their situations like that except what they can't . . . . dilution.
Maybe they got their share of money from the settlement and didn't tell anybody. Then in that case they haven't the need to dilute.
I’ve noticed the “Recent International Pwr, IPWG News” keeps getting shorter as the year gets on. Now there are four, out of five, PRs that are relevant to IPWG still to mark in the anniversary of the event or imminent event of the PRs. Something has to take their place in order to have this feature.
So if you agree that I'm right when saying “There is no imminent proof that these events didn't happen".
Then you agree "unless a PR said that it's an event that's imminent." That is also true.
There is no imminent proof that these events didn't happen just like there wouldn't be any proof unless a PR said that it's an event that's imminent.
“they just completed (april 20th) an income statement and balance sheet for 2010 (unaudited). “ . . . . What? The link to that is where?
You must know something we don't. How about telling us what you know because we don't share your thoughts on IPWG on reading what is reported.
Ok I'll do it for lack of anybody else.
Here is the latest on the ( Mobilstream ) Case # 8:08-cr-00172-T-26EAJ
Case Status(updated 4/19/2011): Defense counsel for defendant Odoni requested one month to reveiw the case and will be ready for trial in January 2012. All other defendants will be ready for trial in January 2012. Trial is estimated to last 2-3 months.
Speculate on delinquent filings ?
Speculate on IPWG imminent claims ?
We can all speculate on what is not written but what is written there's no speculation.
Thank you kennypoo for being our Mod. You have done a good job and we will miss you.
Now looking for a new moderator, how about joe pringle?
This is from the February 27 at 4:46am post on Facebook which I thought was appropriate to include over here.
Dear Mr Kinsella,
There are a lot of questions we would like to be answered at the Share holder conference call:
After 5 filings, discussions with the SEC officials in New York and the services (!!??) of a specialist (!!??)law firm, we are still were we where 5 years ago when CRC was supposed to go public.
There are 2 possibilities: Or the SEC officials are stupid fools, or the staff at GBRC are completely un-competent.
For the 3rd time there is a new accounting firm, there is again a new board of directors and Jeff Andrews has been replaced as CFO. Jeff is the only surviving staff member since the start of the company, he should know all the ins and outs, but so far hasn't been able to resolve this problem.
On the last conference call you told us Brian Ettinger's firm was going to resolve this lang standing problem. Now that he has been removed from the board, is he still with the company as a consultant in this matter ?
What makes you think the next S1 filing will be the good one ?
What is the nature of the questions/remarks of the SEC? Accounts, history of the company (ies)?
- Prototype
We have had no news on the prototype for more than a year now !
What has happened to it since ?
Has it been tested in normal production, 24/7?
Where are you with the Patriot 2 ?
We understand it is a 1ton/hour. Universal Alternative Fuels' order was for a 1 ton/hour.
Why haven't you started building this Patriot for them ? There cannot be to much difference mechanically between tires and coal.
Is there a problem in getting Klystrons or TWT's at the specified frequency and power "off the shelf"?
My electronics degree is nearly 40 years old and being a sound engineer, I' am no specialist in those extreme frequencies, but my feeling is that trying to make klystrons or traveling wave tubes yourself is at least a bit reckless !
UAF's order dates from October 14, 2009.
Delivery should have been 12 months from order.
Contract with UFA stipulates: " subject to the company's ability to manufacture such machines..." and that under certain conditions UAF will even become the owner of the prototype !!
When will this Patriot be delivered ?
Even AGS financing agreement for the $10,000,000 is not very sure !
Technology
Who is the owner off the technology at this time ?
Owner was or still is Frank Pringle and Carefull Sell.
Ownership went to PSO, then to Mobilestream Oil.
CRC has the exclusive right to use the technology - correct so far ?
GBRC bought MSO and CRC.
GBRC now has the patent to the technology - right ?
Frank Pringle has been payed for his MSO shares. Other MSO and the CRC share holders are still waiting for their shares in GBRC, in other words they have not been payed yet.
How can GBRC have the right to use the technology (patent) if they have paid for the technology but not for the exclusive right to use this technology ?
JV's
What is the news on the Slumberger and the Phoenx Renewable Energy JV's ?
For the XXX-time we would like to ask you: Why is all news and press releases on contracts and JV's always so one-sided ?
No mention what-so-ever on the other parties websites. (Slumberger, PRE, C6; UAF even remains a big mystery firm)
Hoping to get satisfactory answers on the conference call,
We remain,
Yours sincerely,
Paul Van der Jonckheyd
Belgium
Certain statements made are "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995) regarding the plans and objectives of management for future operations. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. The Company's plans and objectives are based, in part, on assumptions involving the continued expansion of business. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. Although the Company believes its assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance the forward-looking statements included in any report will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
There is no need to yell. I thought I read once this was not allowed anymore on this board.
Although the designation is Non-Reporting it does not mean PERIOD. They have limited reporting status to SEC rules unlike a BB which then becomes fully reporting requirement. Regardless in whatever designation they have to report receiving moneys of any kind.
All pinks are reporting companies, some not as delinquent as IPWG in reporting but none the less what you meant to say is IPWG being pink is not a fully reporting company.
If they are a publically reporting company (material events), and thus owned by the investors, then they owe it under SEC rules (for reported money) to inform the investors of when they receive it.
“When Things Are Kept Secret It Means That Either The News Is Bad And Confession Would Be Humiliating Or It Means That News Is Good And That The Surprise Is Going To Be Exhuberant. Big Green Luck Everywhere.”
Except there is a fiduciary responsibility to say when money arrives at such a giving moment, or in case it doesn’t, a responsibility to submit a PR as to why not if you already stated its imminence.
Much to do about nothing! Since 2002, and here it is almost 10 years later, there hasn't been a scale up demonstration of a working model as claimed. Forget about the excessive costs. IMHO