International Power Group Ltd (IPWG)

[Bane]

A post from ipwginvestor right after the shareholders meeting.

LET'S GET TO THE NUMBER 1 ISSUE FOR NOW - the dtcc "chill". spoke w. peter, john, brian (grombeck - financial consultant with company --- very very very sharp), and mr. grayson - the sec lawyer for company. seems they are close to a deal with dtcc. problem involves 168 million unregistered shares - 50 million are still held by signature leisure - the other 118 million sold on the market "illegally". so if ipwg is willing to take 168 million shares out of circulation - either by retiring them, or restriciting them, dtcc should have no further problems. hoping to get resolution of problem by end of next week.