Who writes this stuff??!!
"Needless to say, we were caught completely off-guard by the sudden suspension in the trading of our stock by the SEC."
They could NOT sound more disingenuous who are these people fresh off the turnip truck, genuine hillbillies? The SEC has been too lenient already and still they give us this broken wing act.
Needless to say I find this lame excuse shifty and am insulted how far this company will go to absolve themselves of any wrong doing at the direct expense of shareholders.
What a complete CROCK.
International Precious Minerals Group, Inc. (IPMG.PK) Files Form 15
Ticker Symbol: U:IPMG
WASHINGTON, DC, May 29 /PRNewswire-FirstCall/ - International Precious Minerals Group, Inc. has filed a Form 15-12G to terminate its registration as a reporting issuer to the SEC under the Securities Exchange Act of 1934.
Company Treasurer and spokesman Anthony Thompson Jr. explains; "The Company was recently purchased by a private group out of Washington, D.C. We believed that the Company was a non-reporting issuer when it was purchased. The last filing to the SEC was in 1999.
Needless to say, we were caught completely off-guard by the sudden suspension in the trading of our stock by the SEC. We have filed a Form 15 pursuant to Rule 15d-6 yesterday, May 28th. This will terminate our reporting requirements to the SEC immediately.
We are working diligently to lift the suspension on trading of the stock, and are in ongoing discussions with the Pink Sheets, LLC and the SEC to resolve the matter as quickly as possible.
We will continue to advise our shareholders of our status as events transpire. Our plans to execute a reverse merger with an extremely promising private company have temporarily been put on hold while we resolve this paramount issue."
About International Precious Minerals Group, Inc.
IPMG, Inc. is a Wyoming based Company, previously concentrating on exploration and development of gold and other mineral properties that were in the early phases of development.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, acceptance of International Precious Minerals Group, Inc. products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in International Precious Minerals Group, Inc.'s periodic reports filed with the regulatory authorities.
International Precious Minerals Group
CONTACT: Investor Relations: (416) 619-0397
Anyway the chips fall. There is no better substitute than YOUR OWN DD
Including mine...good luck!
