International Power Group Ltd (IPWG)

[lotterystk]

Yes, that is the rumor I had heard on the SEC and the DTC. I expected that PR earlier in the day, but there it is. If you notice, the SEC did not place blame on IPWG at all, just that the DTCC, in many ways a private firm, could legally do what it did and the DTC did not restrict the trading in shares...the brokerages did. So, for IPWG to claim the DTC is doing irreparable harm to the stockholders isn't supported because it was brokerage policies that is the culprit. It shows you how the SEC works and how it has become pretty ineffectual. They say that it is the brokers that caused trading difficulty for IPWG, not the DTC. Wellll, the brokers own the DTC!

(just thinking out loud...not lecturing)

Please notice that the SEC did not say that the DTC had presented proof the chill was warranted...only that it disagreed that irreparable harm was the result of the chill as IPWG has claimed. So, since the SEC is saying that no irreparable harm is being placed on IPWG shareholders by the DTC's actions, it is not interfering with the DTC's business. Pretty twisted logic...

Anyway, this scenario was rumored days ago, and believe it or not...is why I am buying. Read the PR carefully and see if there is anything about IPWG doing anything illegal...any statement from the SEC...? Any proof...

The DTC knows exactly how the game goes. This PR is really a good one because it brings the situation into focus and shows what IPWG is really up against. This is what they have to beat.... I won't say how I think it is going to play out...only say I am buying more tomorrow.