International Power Group Ltd (IPWG)

[gnolfinvestor]

i really don't want to debate this with you, but you are dead wrong. this happens in a lot of stocks - when a mm is trying to fix HIS position.
i assure you, if the company wanted to sell 10's of millions of shares on the open market, the pps would be crippled.
if a company wanted to sell that many shares, it would arrange a private placement.

finally, why would they be selling shares now - with part of the $375 million coming in within the next few weeks? absurd !!!

plus there were rumors weeks ago that they were able to get an $800,000 loan to tide them over for the next month - when the italian funds will start to be made a avilable. those funds were there weeks ago. how do you think they paid for the accountants to finish updating the financials? how do you think they are paying the lawyers to fight with the dtcc? how do you think they are paying for their trips to europe, and the presentations at the meetings with the poles and italians?

now if you want to spread false, and negative rumors about the company selling shares on the open market after hours - so be it. but imo, you're only demonstrating a lack of understanding. try contacting your broker - and ask him what he/she thinks. someone with more experience will confirm that this is a balancing of books between mm's --- but in this case --- it is truly a MANIPULATION !!!