International Power Group Ltd (IPWG)

[rdwild]

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...

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My opinion is that this is just the DTC trying to make sure that they get away with what they have done without any liability. Makes it hard for the company to sue them for damages if they are saying that it was not them but the brokers that stoped people from trading.

Rod