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Re: None

Friday, 08/10/2007 10:46:19 PM

Friday, August 10, 2007 10:46:19 PM

Post# of 25904
OK EMAIL SENT FROM KANNO: VERY LONG POST!

first we discuss the chat/lol everyone sit down/lol for the untrusting will not like this and the trusting ones wont care! HERE WE GO!!!
1.) question, does sesco enterprises have anything to do with SWS?
answer: not directly... they both have the same two private equity grps funding each other.... but they are not partners or anything of the sort!
2.)question, is the liquidation still forward progressing?
answer: yes, right now it is in the hands of the lawyers... meaning kanno and lawyers have looked over the agreement sent to them, made a few corrections/adjustments and have sent them back to SWS for final aproval, or more tweaking... (stupid question, but I asked is this a done deal..... and was told the obvious/lol nothing is done until its inked! but it is progressing fast and kanno reiterated that he is looking out for all shareholders best intrest (this includes him and staff for they ARE the majority... so what they get...we get... simple as that)
3.)do we know the pps yet or what we are shooting for? (again dumb to ask for that would be or could be considerd insider info at this point in the LOI) but was told again they are shooting for the previous mentioned price per share of .0006-7 ( able to be calculated from the pr's info of roughly 2.7M)
4.) this was my bad guys... I forgot to ask what the current o/s is.... I know I'm a dumbass for this, but will follow up to his email with that question in hopes for a reply!
5.) question, can they put in writeing or pr form that if we all sign and vote yes, that we will be gauranteed .0006 pps?
answer: there is no way they can make such a statement.... why? if for some fluke odd reason the deal goes south.... then kanno himself would be liable to make good on his claim!!! meaning he would then have to personally purchase all our shares... so the answer was no!


next we spoke about the divy issue and how we are going to be happy with the outcome (take this FWIW if you dont trust him---its up to you) but then asked him about the shell play... again for obvious reasons he could not give details.... but did say he had a couple of meetings with some great candidates for a r/m! then again he asked me a silly question of "how many pinks can say they are going to give their shareholders a fair and reasonable pps cash divy... then set them up with a shell play for further profit" ....obviously I said none, but then told him he has to understand the causion of his shareholders after what we just had dropped in our laps, and not to mention that "nothing is a done deal until its inked!/lol" he agree'd and further explained that he has (sinse taking control of IPKL) done a F/S (not a cash divy but share split forward as of 2006, and has not ever done a r/s under his cntrl... he said some emails asked about a r/s they had done and if this would be done again this time around...... he said no! he has never done a r/s, and does not plan to... he wants us to get a good price for our divy, then roll us into a shell play that pays out for all again... SO: here is the email body.....

Hello Jason,

It was nice chatting with you a while ago. Attached you’ll find a shareholder consent form. All you need to do is to sign it, and state the number of shares that you held as at end of business day July 30, 2007 (the Record Date). You may either fax the signed copy to me at (604) 681-3514; or electronically sign it and email it to me at nkanno@ipackets.com. You can pass the form to other shareholders as well.


As I've always shared with you and the rest of the shareholders who took the time to call and talk with us, we are committed to ensuring our shareholders are content with this transaction (thou we realize we can't please everybody).

I want to extend many thanks to all shareholders (the supportive and the skeptics).

Naiel


please contact me so I can forward you the email, it has a attachment that has the form to fill out for the vote.... I've done my best (except the o/s part...sry!) but now its up to you all to vote with your heads and vote eitherway you fell.... I will say this tho! this is not a make the sec happy vote, this is a vote yes, to show support for your company and its crew to continue to work hard for us and get the best 2 deals possible! (kanno's words not mine!) I said I trust him and he has my votes, but I could not say the same for a lot of you... he said he understands that all will not be happy, and all can not be pleased, but he is going to do his best to get us the most pps and the best shell play for our bucks... again, I trust him and will vote yes.... you do what you want to!

so we all need to vote yes, or no, and submit the form.... and continue to hope for the best SHOT possible!!! I know we all thought we were part owners of the next big mine saftey breakthrough, but china dragging its feet and kanno paying out bills and etc, out of his own pocket the last several onths trying to make this work... he did say most pink ceo's would've just closed its doors and blew us off via chptr 13, 11 or just slipped quietly away! but he has not done that, and will not do that... for he also is a massive shareholder and wants the best for all........ THIS IS WHY I TRUST HIM!!! WHY? he did not have to pr shit! he could've just closed shop doors and said fooie to us, but he has not done that! he has publicly made an anouncement that he will be fighting to get us the best deal.... I mean seriously, most pinks he is correct... they would've closed the door or diluted this to death with 40-50B in the o/s and just dropped off the face of mother earth.... anyway... thats enough misspelt words and run on sentences for now... send me your email, and I will get this forwarded to all who wants it!!! THANKS TO ALL!!! and GL to everyone!!!

(Trust ME, I would not lie to YOU!!!) ;-0)