Sunday, October 04, 2009 2:57:11 PM
The second topic of Nevada corp..........is to prevent the crooks who have naked shorted from winning. I will post two reply's on the topic from the Equity group message board on these topics.
also, an abstentions counts as a no vote.So if you don't do anything, it could hurt.That is why there is such an effort.
Message #13850
From: kl11777
Date: October 3, 2009 05:40:19 PM
on the 10 billion share issue
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NOBODY SAYS THEY ARE GOING TO ISSUE OR USE ALL 10 BILLION SHARES !!!! it just gives them the option down the road. gives them wiggle room, for future deals. you don't want to have a meeting everytime they try to make a deal for another wte plant.
from the rumors i have heard, they aren't using very many shares for now at all. not anywhere close to even one third of those 10 billion, according to the rumors i've heard.
but imo, any future use of these shares, means another wte plant somewhere else. there are trade offs in life. before they had one billion shares, and no wte plants. wouldn't it be great to have more than one wte plant in the future. how about 3? 5 sounds like such a nice number? and you're not going to get these projects financed and underway without incentives. at least in this early phase of the wte era. down the road, profits from one can lead to building another. ESPECIALLY IF THEY ARE THE MOST EFFICIENT, LEAST ENERGY CONSUMING PLANTS AROUND. wonder if they'll eventually tie in forever green's technology too?
Message #13874
From: LK
Date: October 4, 2009 12:51:59 PM
Re: IPWG Proxy
2.-- Is the name change directly related to working over the short sellers and pulling all IPWG, INC shares? Or is the name change proposed because the company wants to incorporate in Nevada and a re organization is a better fit for them in Nevada?
I would think both.
There are definitely benefits of incorporating in Nevada. A simple google search will show you why.
And a name change with a new cusip number would work against the shorts.
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