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Thursday, September 11, 2008 11:05:53 AM
Bill, as an investor and moderator of npia-npie stock board you need to be aware of the fact that Infinity currently controls approximatelty 6,203,960 of the total 7,061,385 outstanding shares of NPIE. The day before we announced our purchase NPIE closed at $.0001. At todays price of $.10 the value of the company has appreciated 10 folds(adjusted for a 100 for 1 reverse stock split) .
Our goal is to find a high growth business to merge with NPIE that would have the potential to list on a major exchange within 2 years. Most reverse mergers initially increase substantially and 1-2 years later 80% are under water. We are extremely selective and hopefully will have better odds.
Infinity, just started trading under the symbol ICGP. ICGP currently have a $.20 net asset value per share, with a total of 6,472,899 outstanding. A transaction in NPIE would have a potential postive impact on Infinity's net asset value.
Regards,
Greg Laborde
Chairman & CEO
Infinity Capital Group, Inc.
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