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What? no Global Lock revival? Certificate of Authenticity? LOL
FINRA lets all sorts of dirty crud in. Quite frankly, they're getting to be quite the joke actually when it comes to this otc garbage. They let Grey Sheet stocks change names, get new cusips, R/S of dead and dirty shells with manufactured shares of the most dubious nature, criminal accounting backgrounds, etc. All the things that need to be addressed and stopped in order to bring some sanity to this low end market.
Now I suppose the plan will be to get it over to some front name as company officer(s) that nobody ever heard of with some trumped up made up bio "story", that no one can verify, then some pumped up, made up product or service that nobody can really verify and some made up rump and pump to sell it. Before you know it, people will be labeling it another possible APS pick complete with the company D crew and shearing of its sheep, oh my. LOL
Funny how this same goo gets washed about together. Of course this really isn't funny, but it's interesting to keep track of it. Could this be just a shell takeover? I think all the gold miners have left it for dead.
Looks like E.G. Marchi is not new to the crud pinks and R/S.
His name is coming up involved with several other stocks. Just a couple of minutes and get AIMH, Global NuTech, BOCL, ACLH, BCLE, and TXGE to start with.
https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=G6DWv0%252bqrP96ShX12ni%252fxw%253d%253d&nt7=0
Spot on. It is the company, the ticker CCAJ, that one buys and sells, and holds all responsibilities. The dilution, the share count, the liquidity, etc. It's just a bunch of "head fill" and fodder for all the rest. The company or ticker is worth exactly what the market states, period. At this point there isn't much market, and what little there is states this company is worth trip zeros and still on a negative slope. There now is the possibility of it going to No Bid. And no trading or no volume down in the trips is just about the same as No Bid bottom line.
All the repeat of the company pump PR's (most within a two week period) and re-posting and reposting the now old pumps or "old news" put out by the company won't change that.
Even with the end of dilution selling, the share structure is going to need drastic changes in order to move on. I don't care what was said or who said it from the company about no R/S or other loss of current shareholders value it statistically is on the table.
This stock is just a mess now and its trading value or heaven forbid its "investment" value is nothing but fraught with heavy risk and lack of positive abilities.
Sorry but you keep leaving out Tony and the company which obviously issued the shares and issued the PRs to pump this. They are as much a part of it all as George Lambro, there is no getting around that fact. JB is a culprit like the rest, he arranged the deal, he used himself and others to justify the removal of the restricted legend due to no one in Earth Surfaces qualifying for an exemption. It was as much as his payday also, for the shell and the years of work trying to put a deal together.
Fact is they all ended up not trusting eachother once the huge dumping started and they all did it together before the liquidity dried up. Now we have finger pointing and accussations flying, touts were used and given money and shares from various sources to push the price up and they just dumped also. One big mess and it isn't over as we watched today with this pathetic volume, no holds barred on the Ask.
Not a single peep from the company and that alone is disgusting and almost fraudulent in itself, omission is the same as a lie as far as the Regulators are concerned. Tony better get his head out of his ass soon or he is going to lose his long time business over this cluster and disgorgment is not limited to the shell, they take whatever assets they can get...
Pretty bad if that's the case. I guess it's the lesson for anyone trying to play with this pinky crud in their retirement account. That got to be one of the biggest mistakes to do that sort of thing there is. It's hard enough to pick investment vehicles in the real market, to throw retirement money at something like BEHL is just bound for financial self destruction. I feel for anyone that has gotten into that trap, and hope they are still really young in order to have the years it takes to recover.
Geez, the yearly R/S. There never was any real gold mine, and this just seems to be what amounts to blatant money laundering or criminal atm machine. I guess they will get another cusip number along with the preferred convertibles will not get a R/S and be able to convert at new pps. Maybe it will be a bogus oil field instead of the bogus gold mine, and bogus real estate before that, and bogus ...... Just an epitome of the sub crud market this really is.
Here's how the SOS of Nevada has it listed. Looks like the new front name (for now) for all the positions is E.G. MARCHI
https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=G6DWv0%252bqrP96ShX12ni%252fxw%253d%253d&nt7=0
VWAP declined again today, no matter whatever selling manipulation that goes on to control charts or price. The regular and common for CCAJ daily back and forth of bid and ask has still resulted in a continued downtrend.
Trade data for 10/23/12 CCAJ:
http://ih.advfn.com/p.php?pid=trades&symbol=CCAJ
Observing economic conditions and all the the real "earnings reports" that are taking place right now, any "help" from any results may be hard to find. But you're very correct with the importance of new financing. The very basics of being a public company is to be funded by public money. That money directly correlates to pps and share structure, along with retail interest in the stock. Down here in pinky crud for pps, it takes a high number of shares to amount to any "financing" and it's charges or fees (the big cut to "financiers") along with much more interest from retail to support it.
Now with a maxing out share structure, that leaves very few options and where the normal retail shareholder (or believer in the company story) gets shafted.
By Nov 15th, the current selling could be done, but where is it going to leave the pps by then. That could be disastrous in itself and where the word "toxic" comes from to describe the "financing".
Well October is the month we need to count for the most part. The Octoberfest of dilution debt.
http://ih.advfn.com/p.php?pid=historical&symbol=CCAJ
July, Aug, Sept didn't have squat for volume (about 15, 43, 53 million respectively http://www.otcbb.com/dynamic/tradeact.htm)
Octoberfest shows the results of the lousy promos, the lapping up of buying from the "followers" of hype at now extreme losses, and the company supporting that dumping by the their escapade of promo news at an average rate of about every other trading day in a two week period (six within 10 trading days). They more than likely got a cut or some advantageous agreement out of the deal (that's NOT advantageous to the normal shareholder).
http://ih.advfn.com/p.php?pid=news&symbol=CCAJ
We can assume that most by far of the volume is in fact the debt selling, but we really can't be sure of exactly how much is promo frontloading or retail bagholding. Easily could be another week or two of this kind of everyday seeping out of shares and still could easily go into the trips (especially now that the pps actually hit a low of .001 and thats where the main bids are). How far into the trips makes each tick more and more percentage.
Then we will still have the maxing out of share structure to deal with and new "finance" deals. And in these situations of sub penny market, there is no saving grace, and I don't care what the story is with new management, company product, low float expectations, etc. Except for very short term spikes or trading, reality bites big time. Heck, we could even have the situation of "after due diligence, the company has decided that the CCAJ shell is not the best for the company at this time" or some sort bs delay or similarity. No matter how many good intentions, crud happens down here in sub penny land.
It's all about sales and getting (or keeping) those sales in the world of a shrinking market place (the shrinking OTC). It goes along with their other sales pitch(s).
For example:
http://www.marketwire.com/press-release/pacific-stock-transfer-company-launches-new-help-desk-to-assist-clients-with-dtc-1638494.htm
There is a definite issue changing within this business. We see this with all of the DTCC, SEC, and other regulatory actions. The SEC is setting records with their criminal complaints and suspensions and there is this realization that the DTCC is a major issue to deal with for these shells that are being shut down from the common atm practices and rinse and repeats of yesterday. We see that in the lows given in the stats on http://www.otcbb.com/dynamic/marketstats.htm A whole lot of record lows depending on what particular stats your looking at, but generally a shrinking market for TA's. Making a hunger that once wasn't there (what better than a dinner to address that hunger, LOL).
The new wave is people or organizations coming out of the woodwork with their supposed expertise and professionals that are only there to help with these DTCC issues (since it is now becoming accepted that it's a big one). There has been a whole new market created that TA's, attorneys, and "professional" Tom, Dick, and Mary have realized is there and want a piece of.
"Game the system"; that could arguably be a subjective description of much of the new market (or lack thereof) tactics.
What's a few hundred million here or there?
Battery Maker A123 Files for Chapter 11 Protection
Electric-car-battery manufacturer A123 Systems Inc., AONE -75.04% the recipient of nearly $250 million in government grants, filed for Chapter 11 bankruptcy protection Tuesday....
.....In a bid to jumpstart the electric-car-battery industry, the U.S. government has provided more than $1.2 billion to battery makers in the past three years. But the industry has been slow to take off. Another battery maker, Ener1 Inc., which also received a government grant, filed for Chapter 11 protection earlier this year.
full story
http://online.wsj.com/article/SB10000872396390443854204578060433271656440.html
That's a funny address. At the same time it was being shared with this guy.
http://bbs.ethics.state.tx.us/public/298794.pdf
http://trailblazersblog.dallasnews.com/2012/07/former-texas-house-candidate-and-prostitute-tom-malin-writes-book-of-advice-columns.html/
Have you visited their office yet - like someone just suggested?
Contact Info
3625 N. Hall Street
Suite 900
Dallas, TX 75219
Certainly they have sold a lot of those 386 million shares and they are probably 100 million from being complete. They may even back off since they got the bulk of them out there and pulled some ridiculous dollar volume this week.
Well there has been about 379 mil total trade volume for the last 3 1/2 months. About 2/3 of that has all been in Oct (with that 126 mil on Thurs). How much of all that is retail, wash trading, front loading, etc and not actual debt getting there big cut one can only speculate.
The way these things go, it is way too common to be more than one likes, so I'm betting 100 mil left is on the really good side, may be more towards the 150 mil +. But looking at just one more day like Monday would be a mistake IMO (unless it's another day like last Thurs or a filing comes out for a R/S or increase A/S or something substantial happening). They could slack off and come back in to just sucker punch everyone, let it build just to whack us into submission again at any time. Maybe next week, maybe the week after, or just let it leak out slowly over a period of time, who knows.
Still need more retail interest, still need to deal with the maxed out share structure, still need to deal with future financing. Very possible we will not know anything more Monday than we already know.
Na, don't find it interesting at all. And I don't place a whole lot on any specific day like "Monday". It was Thursday that the sellers hit it hard. It's more of over time and not one specific day (altho Thurs was pretty specific LOL).
I guess it's just speculation of exactly how much is left and how low this thing can go and how long it's going to take to do it. Still got to deal with the maxed out share structure and future "financing".
If it's more than half the debt gone, I guess one could say the worst is over, but that still could mean trips which in percentages would be better than what it's done, but still not good.
If there is more than half debt to be sold still, one really will have a problem and cement floor cures a bit harder. Good luck.
I can only give kudos to the long termers of the previous shell that sold and made their multibaggers. I say they deserved it and smart to take it, but since I wasn't one who had this thing from a low pps in the past and wasn't one who was part of any frontloading or promo, I'll just have to wait it out until it hits bottom to even think about getting any.
I just can't see why to give my money over to something or anyone at this point when the probabilities are all for this thing going lower and I would be at a loss. Maybe just me, but too much toxicity left here for positive results. Other than maybe a very short term trade here or there.
Oh boy, I'm sure the sellers thank you for that, since that would make it about another $1000 in their pocket. LOL
Since the bottom is not in due to the selling debt is not done yet, it helped it along to get to that end a little bit sooner. Just where the cement is on this thing, hard to say but easily could be in trips if not more careful. But caring is not the norm for debt selling.
Is that what one calls a "Holy Roller" Puff Puff. LOL
This stock at this point is not worth any time really, but give a link and description of exactly what you are specifically talking about and I will search out my notes since it's been awhile since I was doing research on this particular stock. I did at one point put a quite of bit of time on it due to my interest in the DTCC case. And now it has come around again due to statements made that it is so called cleared by the DTCC and I'm looking for any proper verification of that. In which has not been made available.
Are you referring to the wire fraud case involving IPWG? I don't remember at the moment what state that was carried out in if that is what your refering to. These connections of criminal activity went far beyond just IPWG. I personally do look at all the connections with people behind these frauds and do not separate the shell or "company" away from the people that do the business of the fraud. I prudently do look at who or what any company "hangs out with" and who or what are their associates. Others can choose to ignore any or all of that and more than likely lose their money.
In no way would I "invest" or believe in some company that doesn't trade or is at a NO BID status and does not file any financials, Locked up by the DTCC, and isn't even around. And I sure can't just trade it, again, it doesn't trade with any market reality and I don't trade with .0001 tickers.
But for the interest of true documentation and clarity of this subject matter, give me the link of which particular criminal case you're talking about (there were multiple cases, multiple companies, even a TA, and multiple people involved in this group). I will give it some time to look at it.
While you are at it, could you link to any verifiable documentation why any investor would want to believe in this ticker or that there even is a company doing business or even a shell worth transferring to some other company name (even though that hardly comes out worth anything for current retail holders due to it just goes to the "rinse and repeat" method with a R/S wiping out the normal Joe or Jane shareholder).
It is the problem with the people behind these dubious shells and the illegal shares that connect with them that the DTCC goes on and why they Lock and chill these "companies" up. I can't help that and I personally believe that it is the right thing for the DTCC to do. That is also what the SEC and different Justice Departments go on and why these chilled or locked companies are having problems. I've always stated that it is the insiders and people behind the shares of this "company" or stock. There are just too much of these people using these shells for their personal ATM scam machine. The reasons for DTCC chill and problems generally with the shares of any company Locked or chilled is probably better discussed on the DTCC board. It's a general problem with most (if not all) of these sub par penny stocks, and not confined with a few or IPWG that's for sure.
I really don't know why or how the SEC or Feds pick and choose from the thousands of stocks that are guilty of problems with the people connected to the stock. I do realize that there is just too many for the resources and they do have to choose. They are very slow, usually always after everyone has lost their money, and hold investigations on people connected to the stock for years and years. But the files build up with the company's name on them.
But it's always the habit of the "believers" and naive to believe that the company is separated from the people behind these dirty shells, but it just doesn't work that way. Any and all past dealings of shares and problems with insiders, the "financing", or the criminal actions that have taken place before are attached to any of these dirty shells. And the problems and criminal actions are carried out in many states and even across borders with any particular company stock, including IPWG.
I'm not sure why there is ignoring of those facts, why there is ignoring of the fact that this particular company has no record of any operations, no legal entity doing business, no communication from the the so called company, and why anyone would want to believe in them.
DTCC, no DTCC. SEC, no SEC. Chill, Lock, criminal actions of insiders or everything just fine. The bottom line always comes to this; can you get your monies for all your stock that one has bought for any profit. Can you even sell them for a loss? Is the company filing proper financials and proper paperwork with the states. And the answer is no to those types of questions with IPWG.
Anyone can sit and hope and believe (or dream) that something will miraculously come about with this shell, but what in the world as far as any real facts or documents points to that. It just not prudent to go on just "belief". A blog with no documented facts to back up what is stated? The few companies that do get off of the "list" shout it out from the rooftops and inform the public. Here one can't even get a hold of anybody at the company it seems and they have been revoked by the state in which they were supposedly carrying out their business and no record of business (financials, etc) for almost two years now (last ones for Dec 2010).
Why is that not being addressed? Being DTCC Locked or the criminals attached to shares of the stock being brought up on charges don't stop the ability to file financials (audited and filing with the SEC) and properly record and pay taxes of their business with the state, unless the company is a farce and/or just isn't there.
The card has to be dealt and played. The action has to be taken, not just talking about it.
No offense to anyone, but I've long become cautious at minimum to anything Company insiders have to say. Way too many times, some CEO or company person says one thing, and lo and behold, just the opposite happens.
But we can plainly see the debt and promo selling is at work here, and that is just going to happen, not much the company can do about that. How they are going to handle future selling and financing may be up for question, but the dumping has to end first.
Actually the new norm for these promo's is within a couple of hours if lucky, not days anymore. The toxic financing and front loading just "dines and dashes" fairly quickly. Any normal retail traders are just left in the dust and unable to make much if anything and not get bit by too much loss trying to be quicker than the dumping.
Anybody have any guesses how much CCAJ debt is left to sell. I'm guessing half at least, but just a wild guess. Haven't done any number crunching on the past volume or anything.
I still say some SEC filing status would've worked better than any promo. Promo failed, retail getting smarter maybe. Becoming a SEC filer gets lots of interest.
No one really knows what Tony will do or is doing. Could be part of this selling for all we know. But we do know that the pps has taken hit after hit with the debt that definitely is selling and now the promo hits are there as well. How low is low here? But not "everyone is out" yet, there is still debt and maybe some promo shares (or money cost) to go. They are not all out yet. I don't believe the selling is done by a long shot.
Wow, they just threw in the towel when it came to any control of debt selling. Must be some of the promotion fees in there also of course. But geesh, this thing is just a falling knife and I'm glad I didn't even get back in for a trade. And after this is done, whenever it does get done, the share structure will still have to be dealt with, it's maxed out. Nowhere to go to any good from here. Too bad, would really like to see some real product and company to start coming out of this junk market arena at some point. But this just doesn't look positive to say the least.
No frustration, just simple facts. I'm guessing your "contacts and people" don't know squat and not doing any real DD. The criminal charges are a matter of fact when it comes to people connected to this shell. It came from the FBI, Fraud Task Force, Postal Investigations, and the SEC, Justice Department web sites, etc. They have been documented. This has been going on for years.
And yes, it's just a shell when there is no business, NO BID, nothing from the company, no financials in years. Why don't you put up some docs from the state of Delaware if you like, the state of Florida where they had their supposed business has now revoked them due to lack of filing their required simple and cheap reports. Delaware is only where the shell is recorded, not a whole lot there other than maybe they owe taxes and aren't current there either.
Why don't you do as I suggested, and call to get DOCUMENTED PROOF if the belief is that they are cleared by the DTCC. Post it here on the board. No problem, they can be taken off the list on the DTCC board and included with the few percent or two that have managed to do it. But there has been verification for those; none has come across for IPWG. I don't own any shares in this POS, it's just a discussion of one more shell going down in the hundreds (probably going to thousands) in this changing sub penny market.
Do some searches for International Power just around IHUB. You will have to go to advanced search and into different years, but you can get plenty of links to federal sites with documented criminal cases. Just recently IPWG was referenced with people behind this shell with SEC charges.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78848971
Problems with the shares are where much of the problems with the DTCC are. But I'm wondering why someone can't post a doc from the DTCC with any removal of Lock, why the company hasn't come out with anything about it, why people can't contact any company, why there is nothing about any statements of financials in almost two years now, why are brokers saying it's still Locked, why does it go for less than .0001, why NO BID, why isn't there isn't any statements that all the investigations are closed by all the Federal authorities, why do people behind the trading of this shell continue to pop up with more SEC charges.
Blogs of that nature pop up commonly, but the facts standing behind the statements are much less common and seemingly unavailable here.
There is always "people and contacts" in this dirty sub pink market and get posted to the boards, but the reality is nothing but the undocumented positives for hope and losses from P&D usually gets believed and the negatives that are documented get ignored for the most part. A little common sense would be more prudent, especially when it comes to tickers like IPWG.
I'll be happy to see any company come about out of the swill of illegal share selling and fraud and get some ticker on the “unlocked” list. But some blog or statement from some attorney is not going to cut it. There has been nothing but problems with attorney’s statements with the fraudulent penny market (IPWG included). One of the biggest problems! So that’s surely no proof by some attorney just stating things.
But go ahead and post some documented proof of things, I’ll even send it to my broker just for the heck of it since they still say it’s locked. And I’ll be happy to post it over on the DTCC board. Hopefully it won’t be one that just gets suspended by the SEC right after which of course just gets nailed automatically by the DTCC again.
All there is here is a dead horse, "hope" is beating the horse with some bs blog and faulty undocumented information about IPWG. And I was posting new information about IPWG. The revocation from the state was only about couple of weeks ago and the newest news (and only current news) about IPWG.
Too bad it's bs. No removal confirmed from any reliable and documented source. Sorry, a blog entry from some attorney's page is not proof. It was an attorney that got criminally charged and convicted for lying and fraud with IPWG. More criminal charges with people behind this shell is continuing. My broker still lists it as Locked and won't trade it. DTCC still lists it as Locked, it's NO BID and when it goes at all, it goes for four digit zeros (less than the .0001 the lowest it stated) and just taking it off the books for no money (volume but no worth).
Besides, the company has recently been revoked at the state, no longer in business.
state revocation
"Hope" is not a market strategy.
What???? There is no company, no business, no product, no entity to come back. Period. Geesh. There has been nothing but criminal proceedings against the insiders of the shell every year since PSC, this one is just another on a list. It is every indication that the shell is so dirty that even the shell can't come back, and it won't. The Global Lock is because of so many dirty shares and so much fraud attached to it that BEHL can't and won't be cleaned up in order for the shell to be sold and trading on any regular basis and is unable to remove any Global Lock by the DTCC.
When this is over??? The "company" BEHL IS OVER. Has been done for a long time now. The only business that is left is SEC business. No amount of "hope" is going to change that. The shareholders money is gone, at best a tax loss, never to return from this dirty shell. Acceptance is a big part of moving on and taking lessoned learned.
Looks like that Global Lock pretty much ended this thing. A whole 328,000 listed for volume in Sept. Even at a whole .0001, that's only about $30.
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=BEHL&SortBy=volume&Month=9-1-2012&IMAGE1.x=25&IMAGE1.y=4
Maybe they will back off next week, and let it breath a little. Whenever they (debt holders) do that, the volume just drops to practically nothing and I would assume they will be back and they are not done. How long will they go on with back and forth is anyone's guess. They'll be done when they get all of their money I suppose.
One thing the company could do that would go a long way in capital preservation and investor interest is to have the next financials audited and moving to being an SEC filer. That is of course doing it and not just talking about it. That would be better than any promotion or pump. The company can't do anything about the previous debt sellers, but being a real SEC audited filer or at least having a 8k or something out with statement of a reputable CPA firm on their books and filing the necessary forms would go a long way in market confidence and/or interest.
That's life in the pinks. We know that the numbers in the share structure just can't remain the way they are. CCAJ will do something to change them. And it's going to be real difficult to say the least to have positive results for shareholders. Could be a Pump here or there and some trading ops, but it's pretty obvious they have to do something with the share structure. Just the nature of the beast.
The debt is being sold, how low will they take it is anyones guess. At pennies on the dollar for their cost, doesn't leave much for the rest of us to get in on any action. Especially with the lack of any consistent volume (retail interest).
I was going to include a RS in my noting of the maxed out share structure. Definitely was thinking it, just didn't write it down. The AS isn't terribly large for this pps, so it definitely isn't unheard of to increase to say 5 B before a RS. Both are possible, neither is very good, but that is the position I'm looking at right now. And like we've both said, the support just isn't there.
Product, no product, got to go on what I see is happening in front of me.
Looks like crap to me, but to each their own on interpretations. But that chart was a daily and not a 60 minute. Good luck.
Well I sold out at break even. Just a little chump change green. 6', 5's, 4's just went for NO LOSS. When I saw high volume (for CCAJ comparative) and nothing but debt selling, maxing AS, it just didn't look good for me. I don't care if it's dilution, shorts, retail, insiders, it just isn't having the strength to support the selling. I take for granted there is always some wash trading, and it might go to the moon without me. But I'll just sit and watch, if something comes about, I have no problem buying back in at higher and probably lower if any action looks good to me.
Right now, it doesn't.
That's because the whole "short theory" on CCAJ is insanity. It makes no sense at all. LOL The only way it could make sense is with really bad toxic financing and the insiders who have shares coming in the future could short knowing full well they would have some shares backing them up to cover and the pps would be a lot lower.
Of course that's some pretty evil doings, but I guess one could use that theory for some "shorts".
If you call Pacific Stock Transfer at (702) 361-3033 (I did)
They will tell you:
2,350,000,000 shares authorized
2,284,739,050 shares issued
1,690,836,476 shares restricted.
Looks like for the next round of financing, the AS needs to go up a bit. Any bets on the numbers with how much? I wonder if they will even wait to get through the current debt before they do it?
There needs to be documented proof that it is in fact not globally locked. In fact you need to see proof that something is, not isn't with these pinks and even all stocks. Something printed on some lawyers web page is not proof. It was an attorney that got criminally charged and convicted for fraud (lying) about IPWG.
There isn't any documentation coming from the company. The company hasn't filed any financials or any other legal doc or even a PR. Why has their company status now been revoked in the state that they do business?. They haven't even filed the simple, cheap, and basic annuals with that state since Jan 2011.
Call your broker and try to get past the low level helper that answers phones and see if you can get any documentation from them. There is now no record that there is even any "company" doing business, so I doubt that you could get very far with getting IPWG to give you some documentation. But if valid, you should be able to call them up, connect with them and have them fax or email a copy of documentation from the DTCC for any removal of lock. Do they even answer the phone? Is the phone even connected anymore? It's nothing to keep up a phone number with some answering on it. Getting back to you with the required documentation will be a big deal though I'm sure.
One doesn't prove a negative, that's just the scams that these criminals prey upon. Put out all sorts of dubious statements without anything to back them up. Leaving nothing but "HOPE" left in the pockets of believers and naive. A little common sense will tell one that the proof that there is nothing, is in fact nothing there to see.
The bottom line is you can't get your money for shares, there is NO BID, and the documents that can be obtained just show there is nothing but issues with the shares involved with IPWG and criminals behind bars, criminal charges continuing to be placed. The documents show (I gave you the link), they are no longer in business. The last financial, bogus as it was, was for 2010. It is just a dirty shell with not much ability to sell it to the next sham. If they did, it sure wouldn't be for any benefit for any current normal shareholder.
I don't want to sound unsympathetic, but don't sit there and think you have some half full glass of water. It does stink to be naive, so don't be. We've all been there, we've all gotten screwed at some point or another in our lives by being naive. Just have to learn from one's mistakes and look for another glass and now using what you've learned, get some better water and better glass, and drink the good top half and throw the bottom drool away before it throws you.
Don't look to one bs webpage that tries to give you HOPE with no documentation to back up what they are saying and disregard five other sites documented information (IE; SEC, Federal website, DTCC, State SOS, financials or lack thereof, etc). And don't ignore common sense.