Tuesday, July 01, 2008 6:54:44 AM
I did a lot of research last night. A lot, even for me. I went back into the history of this shell 3 iterations back. The hotel/restaurant version (ICAN?) looked pretty promising. The pieces were there to make money. From the outside it looks like they were so busy trying to steal shareholder money that they messed up a chance to make a whole hell of a lot more real money.
I checked on what I can find about the shell. I'm having trouble getting things to line up making complete sense, but it looks like TSXT bought the shell for $250,000. There were likely other strings attached, but it also looks like it never completed and maybe reverted back to ICAN. It then looks like IAHL got the shell for $100,000. I can only speculate that there were quite a few strings attached there, also. I would venture that the mix of shares was the back room portion of the deal. If that's true, $100,000 is cheap for a shell. I've been quoted upwards of $850,000 for "nice, clean" shells.
I also dug deeper into Integrity. It's real. I have no doubt. If someone wants to see that for themselves, get in touch with Honeywell, BN, Thrush and a number of other companies in the field. They will all tell you it's real. They will all tell you that it comes down to finding a way to build it. It's past paper, way past. There are a lot of interesting possibilities for Integrity to be built and to fly. I've gotten enough information to almost believe that I could get the thing built if I had the rights to do so.
But, all of that really doesn't matter at this point. There is a problem. There are issues. There now is an all too real specter of death clouding IAHL. There are too many inconsistencies apparent. There are forces at work that the general population of shareholders aren't aware of and they are dramatically influencing the price.
This is the point where PVD has to step up and show us what he is made of and what kind of man he is. My epiphany last night was a complete realization that IAHL and Integrity are real, can work and can make money. But... They won't do a damn thing unless there is the right person at the helm. I've got serious reservations building at this point.
This has purely become a bet on PVD. If we are being sold out, we should be told. If he is selling us out, then that is a personal reflection on him. He is the steward of our interests and guardian of the vision that is Integrity. If he has sold out that interest, then shame on him. If it was all a fabrication, then he is the one that has to live with what he has done to us.
But even so, we all hold full accountability to ourselves for literally buying into someone else.
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM
Element79 Gold Corp to Update Investors on the Emerging Growth Conference on October 31, 2024 • ELMGF • Oct 30, 2024 9:08 AM
CBD Life Sciences Inc. (CBDL) Announces Grand View Research Report Findings on High - Growth CBD Equine Market, Aiming to Drive Unprecedented Shareholder Value • CBDL • Oct 29, 2024 10:19 AM
Integrated Ventures Announces Partnership And Lease Agreement with Driptide Wellness - Leading Health and Wellness Provider. • INTV • Oct 29, 2024 8:45 AM