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Wednesday, June 16, 2010 6:50:49 PM
This week I have had two phone conversations with the company, one on Monday and one today. I want to share this info with the board...BUT I know that someone will shoot me down. Although I am very reluctant to share the little I know, I will.
First of all, there is a Rob and a Mr. Yates, Rob is a key employee of IHGP and has been my contact over the last five months (why he returned my calls, I can't answer that but...it is what it is). As they took over the control of the company two years ago, they also inherited a large debt left from the past ownership/management. They tell me that they are now going to be able to control the debt, to keep the CD group "out of the market". With this in mind, the only way to accomplish this and see this stock trade with a solid PPS is this RS. They DO NOT want to be back here in the future. They say that they have favorable developments that they will PR which should help the PPS. After the RS, the float will be about 10 to 12 million shares.
Well I am not the best at writing, I hope this helps some here. This is going to be my LAST POST until after the RS.
I am challenged to TRUST IHGP, sorry some may laugh but this is my choice.
teekay
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