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Re: buddy09 post# 3097

Thursday, 10/22/2009 7:57:04 AM

Thursday, October 22, 2009 7:57:04 AM

Post# of 19696
I had found that info when the PR came out.. and found the samething with the dead link... and with a search of the phone numbers it basicly took me back to the same place. and a Linkedin type site.. Also what did not make sense to me was, a company that says it has 50-99 employees, founded in 1997 the only two places you can find their phone number is those 2 sites????

Just did some DD on www.ifitalia.it.. these guys don't look the infamous financing..
They are a factoring company.. not a finance company. IPWG has no receivables to sell nor has any money to buy!!

http://en.wikipedia.org/wiki/Factoring_(finance)

Ifitalia by skimming thru their balance sheet, they appear to be a "Public" Company again

http://www.ifitalia.it/Common/Balance%20Sheet_2008.pdf

Now this is what a news groups is about, DD!! Sharing research





"""""i All,

I have been reading this board for about a month now. Bought IPWG @ 0.0081/2million. I read ebb's post today about IFI SRL and decided if I can dig something up. I came up with this address:

IFI S.r.l.
Zona Industriale L/3
83030 Venticano Italy
TEL : +390825965544
FAX : +390825965532
Website www.ifitalia.com
Employees: 50-99 Year Established: 1997

Link: http://www.thomasglobal.com/search/23072208830-X_Ray_Detectors/directory/500530794-IFI_S.r.l./

The website ifitalia.com doesn't work anymore. But there's another website www.ifitalia.it, not sure if it's related or not.

Good luck to all. Hope we all can make some money from IPWG. """"""