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Re: brezlin post# 2946

Monday, 10/19/2009 11:42:57 AM

Monday, October 19, 2009 11:42:57 AM

Post# of 19695
I said that a few times about these so called shorts out there,, When I called the company at the beginning of last week. I was told these "Shorts" are old from when the share price was over $1. Which IMHO makes NO sense at all. There has been plenty of time for them to buy and cover at VERY VERY low prices.. I am not sure why any trader, broker/dealer, hedge fund or any other capital group in there right mind would hold a short position with pretty much a 100% return. The reward is so small from .006 to -0- vs .006 to .039 (52 wk hi). I really am not expecting anykind of a real short squeeze here at all..

Also in my DD I am starting to believe that we are not going to see a share price over a few cents till there is somekind of share retirement. buy back or reverse split. With somewhere around 150,000,000,000 shares, Well you do the math...

Again, I am not trying to bash ipwg as I am long but, this company needs to get off their --- and let share holders know what is going on!!