InvestorsHub Logo
Followers 13
Posts 638
Boards Moderated 0
Alias Born 09/10/2009

Re: VR-Strategy_Advisor post# 10228

Friday, 07/23/2010 12:19:57 AM

Friday, July 23, 2010 12:19:57 AM

Post# of 19693
VR,

Here is what you do not understand:

1. IPWG , Peter Toscano isuues preferred stock with voting rights; preferred C---10,000-1 and perferred D--25,000-1

2. In order to do that under delaware law you must 1st have a shareholder meeting;

3. The so-called "preferred stock" gives Toscano and board a majority vote over all combined shareholders, including Irish;

4. The resolution signed off by the puppet master states a shareholder meeting was held in May authorizing the preferred stock;

5. There was never any shareholder meeting. The resolution is bullshit and the prefered stock issued is illegal;

6. The shareholders vote in September, 5 months after the fact, for the illegal preferred and the 10 billion shares

What don't you get. The preferred stock authorized in May is illegal under Delaware law. The puppet master did not know any better and signed off. He laid down for Toscano who then proceeded to dilute millions of shares as verified by transfer agent who also states there was no shareholder meeting in May.

The Irish get hoodwinked into buying illegal stock while Peter dilutes the hell out of the stock and pays for his house and other items.

The Irish invested their cash into this stock and there are those who say they cannot look at the books? What is being covered up?

I for one would rather take my chances with the Irish.

Rumor also has it that announcement coming out very shortly by IPWG that Toscano charter company has retrofitted planes to carry out garbage from Poland which will generate immediate income for IPWG. First traunche to be $7,000,000 upon retrofit of planes.

I have 27 grbage trucks ready to haul trash out of Poland and I am waiting for Peter to sign the contract and send it back to me. I am dumping it in the Meadowlands in NJ. Waiting for signed contract and 1st traunche.

Benvengo's cousin playing in poker tournament tonight and I wish him luck.

But be serious for a minute why shoulsn't any shareholder be allowed to see the books? Is not that our right. I would also like confirmation that the preferred stock was paid for WHEN it was issued.

Are we all schmucks here? I am supposed to believe a story that JB draws $1200 per month? How much does the secretary work for. At minimum $36,000 per year. So you mean to tell me he lives off of $1200 and the head of IPWG makes less than the office girl?

I know Peter was broke 6 months ago. Strange that was when everything was diluted. Now he has a paid house, condo, wedding, boobs for his wife and I try to pay my fu**kin bills. There is something wrong.

Support the Irish group. You cannot take a company private unless 90% say so and that is not scenario here. Give the Irish carte blanche. at least reward them for bring trustworthy. I cant drink and post like this at night, I forget what I said the next morming

The hell with Toscano let him rot in jail. Best advice to JB....distance yourself from that crook..collect documents...save yourself...you are basically a good man who know nothing about business and securitities law..........save yourself. No one want you but if your lips stay locked around Toscano's di*K that may be a different song. Get your lips off that lollypop. Benvengo, Jr. Did you win your poker tournament. Were you patrient enough and slow play or did you blow a fuse and go all in?


Bottom line ---show the money on 1st traunche and open the books and diassociate from Peter "dissolution" Toscano.

I want shareholder meeting. It is embarassing the way Toscano has treated the Iirsh.

Peter...am I too late to invest $3,000,0000 in your airlines?