Yes, you are right.
I was/am just of hope this has something to do with getting the chill removed.
Any opinions?

Another Method for Going Public
Regulation D Rule 504 offers a third method of going public. By relying on Rule 504 on the federal level, a Company can file a Registration Statement with state securities examiners to conduct a small business offering (under $1,000,000). Following approval by the state of that registration statement, shares sold in reliance on the registration statement would be free trading. Upon completing the registered state offering, the Company would again work with a Market Maker to file a 15c2-11 application with FINRA for permission to quote the stock and to obtain a trading symbol. Upon issuance of the trading symbol, the Company stock would trade on the Over the Counter Pink Sheets market or OTC market.

Again.. maybe setting up to remove the freeze?

Rule 504

SEC Rule 504 provides an exemption from registration for limited offerings and sales not exceeding $1 million. Offerings by non-reporting companies (i.e., companies without a class of equity securities registered under the federal Securities Exchange Act of 1934 (the “1934 Act”) and not subject to the reporting requirements of the 1934 Act) of not more than $1 million in a 12-month period are exempt from federal registration under Rule 504, provided that an appropriate federal filing is made. “Blank check” companies (i.e., companies in the development stage with no specific business plan or purpose or a plan to merge with an unidentified company or companies) and investment companies may not rely upon Rule 504. If the sale complies with subsection (b)(1)(i), (ii), or (iii) of Rule 504, the securities sold in a Rule 504 offering are transferable without restriction under federal law.

Hmmmm that highlighted part is interesting to me.
They could not file a 504 if with no specific plan..?

It says three investors from June 2010. Could this be a retroactive filing to cover the unnauthorized shares from the past? To make way for finally getting this thing unfroze now that the case is final in the courts?

So how about a PR or some word as to what is going on from the company? Not through message board posters.

So you want people to pump more money into this for the sake of the pump to grow your sushi boat?

I think that boat road that wave already once to $ 1.90

Appears most of the rowers have throw their oars overboard now?

Who can't handle the truth? ha ha

So he counted his chickens before they hatched and spread it as imminent, eh?

Your simple wedding analogy doesn't fly in business. I've never done that in my own business. It's one thing to be optimistic but to put a a press release stating it as imminent. That's shady. IMO

Please give me a break.
he wouldn't use words he didn't believe in a press release that he signs his name to, would he?
Why this silly excuse of "not his words"?
That's just insane.

What do you mean they weren't his words? It was his press release.

Getting ridiculous?
Seriously?

What's ridiculous is that anyone in their right mind believes any of the bullshit constantly spread on this board year after year after year.

This dog is dead.

IMO

Hell if I know. Maybe someone could ask the DTCC Gods?

That was the last two defendants .. it's all done. So now what?

SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 21796 / January 3, 2011
Securities and Exchange Commission v. K&L International Enterprises, Inc., et al., Case No. 6:09-cv-1638-Orl-31KRS (M.D. Fla.)
SEC OBTAINS JUDGMENTS AGAINST ENZYME ENVIRONMENTAL SOLUTIONS, INC. AND ITS OFFICER JARED E. HOCHSTEDLER

The Securities and Exchange Commission announced today that, on December 17, 2010, the Honorable Gregory A. Presnell of the United States District Court for the Middle District of Florida entered Final Judgments against Enzyme Environmental Solutions, Inc. (EESO) and its sole director and officer, Jared E. Hochstedler. The Commission’s complaint alleged that the defendants engaged in a scheme to evade the registration requirements of Section 5 of the Securities Act of 1933. The complaint further alleged that, under the guise of converting debt obligations into shares, EESO and Hochstedler distributed over two billion shares of EESO stock to the public through stock distributors in unregistered transactions. The defendants consented to entry of the Final Judgments without admitting or denying the allegations in the complaint.

The Final Judgments permanently enjoin EESO and Hochstedler from violating Sections 5(a) and (c) of the Securities Act and require them to pay disgorgement, prejudgment interest and, in the case of EESO, civil penalties. EESO consented to an entry of a judgment ordering it to disgorge $346,135 plus prejudgment interest and to pay a civil penalty of $25,000. Hochstedler consented to the entry of a judgment ordering him to disgorge $1,445,000 plus prejudgment interest and, based upon his financial condition, waiving all but $385,000, $65,000 of which will be paid within 30 days of the entry of judgment and the balance within 24 months of the entry of judgment. With this settlement, the action is fully resolved as to all defendants.

For additional information, see Litigation Release Nos. 21231 (September 30, 2009), 21224 (September 28, 2009) and 21632 (August 25, 2010).

Date Filed # Docket Text

12/01/2010 71 NOTICE of Date Certain for Trial: Jury Trial set for 2/28/2011 at 09:00 AM in Orlando Courtroom 5 A before Judge Gregory A. Presnell. (TKW) (Entered: 12/01/2010)


Defendant K & L International Enterprises, Inc.

Defendant Signature Leisure, Inc. TERMINATED: 05/28/2010

Defendant Signature Worldwide Advisors, LLC TERMINATED: 05/28/2010

Defendant Stephen W. Carnes TERMINATED: 05/28/2010

Defendant Lawrence A. Powalisz

Defendant Enzyme Enviromental Solutions, Inc.

Defendant Jared E. Hochstedler

this may have been previously posted but in case not:

Monday, November 22nd 2010
(M2 PressWIRE Via Acquire Media NewsEdge) RDATE:23112010 BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Monday there were 2579 companies with "abnormal" market making, 2431 companies with positive Friction Factors and 2816 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. HEALTHMED SERVICES LTD (OTC:HEME), SPDR S&P OIL & GAS EXP & PR (NYSE:XOP), INTERNATIONAL POWER GROUP LT (OTC:IPWG), NEW YORK TIMES CO -CL A (NYSE:NYT), PROVIDENT FINANCIAL SERVICES (NYSE:PFS), NOVELL INC (NASDAQ:NOVL). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .

Market Maker Friction Factor is shown in the chart below: Symbol Change Percent Buy Volume Buy %% Sell Volume Sell %% Net Volume Friction HEME $0.034 97.14% 19,292,174 45.79% 21,879,240 51.93% -2,587,066 Abnormal XOP $0.060 0.12% 1,375,531 21.35% 5,068,044 78.65% -3,692,513 Abnormal IPWG $0.030 14,900.00% 300,000 5.65% 5,012,000 94.35% -4,712,000 Abnormal NYT $0.320 3.91% 2,375,917 18.28% 9,797,097 75.39% -7,421,180 Abnormal PFS $0.050 0.36% 1,092,873 20.11% 4,464,000 82.15% -3,371,127 Abnormal NOVL $0.360 6.44% 81,384,451 44.68% 100,692,783 55.28% -19,308,332 Abnormal Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more selling than buying on Monday and their stock prices rose. The Friction Factor displays how many more shares of buying than selling are required to move a stock higher by one cent or how many more shares of selling than buying moves a stock lower by 1 cent.

For example, the chart above shows NOVL with 19,308,332 greater shares of selling than buying (NetVol) and the stock price was up $0.36000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more selling than buying should cause prices to drop.

This will all be moot without any real news of funds in hand.
Could the outstanding share increase have been the last transaction needed to finalize funds deal?
I'm cautiously optimistic.

There may not be proof but all evidence so far leads one to believe, highly, that it indeed could be a scam.

Oh? I didn't know that.
ugh... it figures.

That share reduction is very interesting and promising as far as solving the DTC situation. IMO. Time will tell..

Not really.

The point is that Terra Mar is and has been IPWG. Around since 1998 and aquired in 2004. It is Paszyk... IPWG's site. Come on. Nonsense. It's not a new site. You can look it up in the page source .. Don't start posting all the ancient PR's and old news sites again.

Let's stick with the present day. These new directors doing anything? My search on them isn't as promising as I would have liked but I am open to giving them a chance so...

When is the next PR? And where is the money already?

The silence is concerning.

Terra Mar is a wholly owned subsidiary of International Power since 1996. How old is this site you are posting? I don't think this is anything new at all..

They have successfully put out PR's. That's about it.
When/if they ever put a PR out confirming the money is in the bank and confirming a plant is actually being built somewhere.. anywhere.. then and only then can you say they are success.


This thing has smelt sour for a lonnng time and continues to smell.

IMO

I would love to see that "executive summary" myself...

CELEBRATION, Fla., July 26, 2010 (GLOBE NEWSWIRE) -- €International Power Group, Ltd. (Pink Sheets:IPWG), a leading provider of waste-to-energy solutions, including waste-to-energy development and waste-to-energy technologies, reported today that the audit of its financial statements for the year ended December 31, 2008 audits has been completed.

John Benvengo, IPWG's President and Chief Executive Officer stated, "We are pleased to have completed our audit for fiscal 2008 and will now focus our efforts on completing the audit for the year ended December 31, 2009 and the review of the 1st two quarters of 2010 which together will allow us to become fully reporting again under the Securities Exchange Act of 1934. In light of the cost involved, upon receipt of the anticipated funds from the funding group we intend to fast-track our work to complete this important task."

The Company also announced that it has received not only further assurances from the funding group regarding IPWG's imminent receipt of €5,000,000, but also John Benvengo and Peter Toscano have received an Executive Summary from the group inviting Messrs. Benvengo and Toscano to join them in Beijing, China next month to work closely with start-up operations in the green energy sector with an IPWG office in Beijing, China, further evidencing the funding group's total commitment to IPWG and its management team led by John Benvengo and Peter Toscano.

About International Power Group, Ltd.

International Power Group, Ltd., is a leader in the development and implementation of new cutting-edge technologies that maximize recycling values while providing environmentally safe disposal of solid waste and hazardous materials. Through the application of these new technologies, solid wastes and hazardous materials can be minimized to their maximum extent while producing significant secondary benefits such as clean energy and clean water. Founded in 2004, IPWG is a publicly traded company, listed on the Pinksheets.

I do international wire transfers often. It takes one day at most. there should be a PR within 2 days tops. If not, I remain skeptical.

As others have said.. anyone proven to be on the up and up.

Who are they? I never heard them mentioned before? Are they IFI SRL or someone new? Is that the Irish connection? WTF? haha So many questions.. so little answers.. par for the course.

and Class C is 10,000 votes per share

it ring a little bell.. hm?

Fly Service LTD? (in doc # 2) ?

Someone simplify what this all means? As far as those pdf's go.. please.

Who is Fly Service LTD? (in doc # 2) ?

Sorry.. I only posted it in hopes that there was some new information pertaining to it that I had yet to see, seeing that the last date of June 28th has come and gone.
I thought it was obvious... clearly it wasn't. my apologies for any confusion.
That said... is there ANYTHING new?

I'm not sure what you mean by misleading?
I simply posted what was in those docs about the hearings. It wasn't my intent to mislead in any way.
I posted it simply to see if anyone has heard or seen anything about these dates since.
I don't frequent the board on a daily basis as some of you do ...

--"The SEC has asked several questions of the parties and has set a schedule for further submissions to the SEC administrative appellate

panel: (1) on May 13, 2010 the DTC will file its response to the questions raised by the SEC; (2) on June 14, 2010 IPWG submits its response and opposition to the DTC's response; and (3) on June 28, 2010 the DTC will file a reply to IPWG's submission.

A copy of the ruling and the Company's motion papers requesting a stay will be made available on the Company's website."---

So anyone hear or see anything?

haha, I can imagine. Okay, let me know if ya do.

What exactly did he explain? I wire money in and out of the country all the time.. simple as pie.

I'm just hoping the SEC isn't in cahoots (so to speak) with the DTC.
If IPWG has done right by the SEC and the DTC by resolving the unregistered share problems that they were not guilty of any wrong doing in relation to them and the SEC rules against them.. it will appear very fishy indeed.
Here's to having faith in the SEC though and the entire mess being resolved shortly :)