iPackets International Inc. (IPKL)

[Howardhaftel]

The SEC did stop trading in it and then restored it. It was dropped by a Market Maker then went trading in the Grey. This has nothing to do with the failure of IPKL just the trading. Something went wrong with The Chinese and they kept delaying installing the system and unusual testing. IPKL had to continue to dilute to raise money to function. We all expected a reverse split but again this had nothing to do with the failure. I suspect China screwed IPKL and wanted it all for itself and intended to pirate the technology for themselves all along. I think you will see it installed in all the mines sometime in the future and not pay IPKL anything. China is good at this and does it all the time. They feel why should they pay for something when they can get it for nothing.