ALLEYBA SAYS:
John Benvengo and Peter Toscano must think all the shareholders are unintelligent morons. For months there is no PR and the minute the board comes under scrutiny...boom not 1 but 2 announcements on the same day. I have thoughts...........
1. You would expect if IPWG were a "real company" that the first announcement would have bolstered the stock since it was announced NOT THAT WE HAD THE MONEY, but the money is on the way being wired and will be received shortly The stock went down initially. Can it be because Peter Toscano is still with the company as COO? Maybe no one trusts the man. IMO and I am willing to bet and you heard it first from Alleyba..........THE MONEY, IF IT IS EVER GOING TO BE RECEIVED WILL NOT BE RECEIVED WITHIN 30 days. WHY? Because this is a stall tactic by Toscano and JB to shut us up. I investigated the time it takes to receive overseas wires in that amount. Worst case sceanario typically 4 to 7 days. Benvengo will allege the funds are being held up by the country from where the funds are coming or allege some similar bullshit in my opinion. One thing you can take to the bank is that the money will not be announced as being in for 30 days because everyone is of the opinion they are full of crap.
2. Speaking of crap, I think the posturing of the alleged takeover by the Irish is preposterous. They MAY only own 30% of the outstanding stock and they have only asked to see where their money went when they gave their money to the company in exchange for shares which may have been the alleged illegal prefered that we are talking about. IMO the Irish examine the books and will see Toscano took at least half the money. The IRISH invested in this compamy so it could operate and not fail. They deserve to know where their money went!
3. The second announcement is scarier. They are talking about a plant in China when they can't GET UNDERWAY with any of the 10 prior countries thar they were allegedly building plants in. That sounds like great media if you are borderline retarded, but we have all heard this for years, pre and post benvengo.
4. Then 3 months after the fact the Italian stepped down and Peter Toscano is in. Give me a fu**kin break. Why was this not announced 3 months ago when it happened??
5. No reference in any PR to the illegal preferred stock based on the non-existent shareholder meeting of May 7th.
6. John "I am for all the shareholders and I have a job to complete" talks in the 2nd release about bringing the accountanting up to date. I must have been in Disneyland when he kept telling shareholders that IPWG was diluting to pay the lawyers and to pay the accountants. So why aren't the books already done? IMO the money can all be traced to Peter Toscano, his house, his property, his wife's face lift, his son, his cars, his lifestyle. This company is going nowhere with Peter Toscano, the same Toscano who sandbagged NITE who in turn stuck it up the *ss of IPWG thereby creating the chill.
7. One thing I will bet on. If we have a vote today of the shareholder's without the preferred stock, Toscano and the entire BOD with exception of the puppet master would be gone. The audacity in saying the IRISH are on a takeoer mission with 30% of the outstanding shares. Pure lies and a product of Peter Toscano's twisted imagination.
So Alleyba would like to sum up today's events:
1. IPWG slandered and libeled the IRISH making false accusations about them as shareholders;
2. IPWG never addressed the alleged May 7th shareholder meeting which never happened where the puppet master signed off on the resolution authorizing the issuance of preferred stock and then filing with Delaware stating a meeting of the shareholder's was held. fraudulent and illegal imo.
3. IPWG still refuses to allow the Irish to see where there money went because IMO it went to Peter Toscano at least 75 Toscano 25 IPWG;
4. You will not see the receipt of any money for a month and thereafter, there will be additional execuses why it is not in (all despite the fact that international wires take 4-7 days;
5. IPWG held back the fact that Toscano has been COO for 2 months since the ITalian left the board;
6. None of the dilution went to the accountants so JB lied and lied. I would like to know how much actaully went to the attorneys because there has been no mention of the chill to any degree.
7. They are about to sign a piece of paper with their 15th country to build a plant which of course will be a letter of intent that will never come to fruition.
8. The answer is SHOW ME THE MONEY JOHN. GET RID OF TOSCANO. HE IS IMO A CANCER TO YOU AND IS TAKING YOU DOWN AND LEAVING YOU HOLDING THE BAG. YOU SIGNED OFF ON EVERYTHING JOHN. WHOSE NAME IS ON EVERYTHING? BUT WHO TOOK ALL THE CASH? JOHN YOU ARE A BLOWHARD MILKTOAST. DISTANCE YOURSELF JOHN FROM TOSCANO OR YOU WILL BE BENDING OVER FOR HIM IN ALLENTOWN
I am tired and need to get sleep. Stay tuned to the John and Peter show tomorrow where Peter pays off all debts and flys IPWG to CHINA in his plane for a discount of $150,000, where they will proceed to stay in $2,000 a night rooms and try to thrawt the IRISH takeover even if the IRISH only own 30% of the stock.
People are tired John. Get it done already. The IRISH have the BOD dead to rights
