Dude:............If they can get the chill lifted?? If there is really a huge shorting conspiracy as rumored over the years..........why should the chill ever be lifted, especially now? All this just seems like more tightening of the noose.IPWG has always walked right into every trap over the years.They where warned about the shorters and this fancy fund raising also........but they just always kept on walking right into the muddy field to only get stuck there and then yell out "I am a victim"
IMO........they are a victim.Victim of bad management.It is plain to see,
It just doesn't make any sense (if there is a conspiracy) that they would lift it now right when they have IPWG where they want it? IMO.
If this is not resolved soon......this little company doesn't have the money to fight it in court.That would take long time any ways. If IPWG decides to fight in court, (they) all powerful evil conspiratorial DTCC would just twist the arm of the last remaining brokers and tell them to join the chill,IMO.Meaning our money is tied up and IPWG can't sell anymore shares to live and fight in court..........plus with this low price....the few remaining brokers may just roll over and say there is not enough profit in this game.
And all this talk of going to another exchange, or cussip change and name change, also seems riddled with holes to me. How are you going to get an accurate share accounting to do that?? if the DTCC says the count is not accurate now?........and will this skirting of the DTCC be allowed by the SEC in the future if the chill is not lifted now? If the chill is not lifted soon............then there is an implication that there has to be more to it all..........since the SEC would not have ruled in IPWG's favor.
With ought the SEC in IPWG's court........All this talk of alternative options 2,3,4,and 5 for getting the chill off does not seem realistic either and just seems based on more rumors and beliefs again.
How do you move to another exchange when there are such discrepancies? ......and even if the chill gets lifted.Then this move will be done with a reverse split, because of the huge number of shares out now. What kind of reverse would you need? the Amex minimum is 3 bucks.
They are not going to buy back shares.That is naive thinking here because they don't have much money, even if they get the 5 million in the first traunche.They are going to have to run a lean and mean ship on that kind of budget. Any other income will be used for expansion first, to grow the company.
If everything went well with the DTCC and they get the chill lifted, it just means you are back to even playing field where everyone else lives now.Then you have to run and manage a company effectively, like all other companies have to do.They do not have much of a history of anything in that department yet..........so they have a lot of work to do and quite a few obstacles climb first it seems.Far from a a certain thing.
I am trying to keep an open mind and waiting on the company to do something to resolve all of this.Just hanging on......
