International Pharmacy Outlets Inc (fka IPCY)

[Sylvrewynde]

My take on the situation with IPCY and this message board is, I think, more homogenous.

I have no doubt that Berkshire(Biotechnology)Holding (read "Paul Taylor") owns a substantial part of IPCY via the subsidiary, IPO Holdings. I do not think that means that IPCY is a "Paul Taylor" company in the sense that Mr. Taylor is actually orchestrating events within the company.

The dispute between Mr. Taylor and IPCY's management team apparently was settled prior to adjudication. Since there has been no announcement or filing indicating that Berkshire's share holdings have been cancelled, I would assume that Mr. Taylor continues to own @ 20% of the total outstanding shares of IPCY. Because all of the PR's are apparently coming from IPCY's management team, I assume that they remain in control of the company's day-to-day operations.

My guess is that the out of court settlement allowed Mr. Taylor to keep his IPCY holdings intact if he would desist from his efforts to pose as CEO of IPCY. Under this scenario, Mr. Taylor will profit ONLY if IPCY becomes a viable concern OR if he can manipulate the share price high enough to make the total divestiture of his holdings worthwhile to him. As such, a quick pump followed by a massive dump would provide one such avenue of egress.

A major concern for ANY stockholder in IPCY, however, should be that this "company" is apparently housed in a single family home in a residential neighborhood. There are three separate variations of the company's address in the filings identified on the Nevada Secretary of State's corporation search portal. The President of IPCY lists a P.O. Box in Texas as his address and, as far as I can tell, actually lives elsewhere although he probably has family in Coppell. None of these factors, in and of itself, negates the potential of this company IF the events they are announcing are true. However, a visit to Bionic Water Corporation's website shows them actively soliciting for distributors and production partners. With the details of IPCY's acquisition being kept confidential, I would question IPCY's position in re Bionic Water Corporation. Are they actually purchasing the entire operation (which most stockholders apparently assume)or are they simply a production partner or distributor? Only time will tell.

Another possibility is that IPCY and Mr. Taylor are working in concert as is being done with CCDE. I would hope, though, that there is sufficient animosity between IPCY's management and Mr. Taylor to preclude such a turn of events.

Good luck to all honest investors here.