International Power Group Ltd (IPWG)

[Barney Vissur]

Good point - but now there's a possibility the Italian director may have left because no $$$ is coming - to say they felt "so comfortable" to leave 375,000,000.00 with IPWG and that's why the Director was no longer on the Bd seems questionable. Would you give a pink sheet company 375mill and walk away? Having dealt with Italian business people from Italy, they are extremely shrewd and intelligent people - not some 3rd world neophytes. If you have ever dealt with Italian business persons, they are VERY deliberate in the way they go about things (almost to the point where it doesn't appear to be worth it and a major pain in the a$$). I have had Italian business people visit the U.S. who say they sometimes like the way we do things because deals get done faster. However, they also believe that sometimes we do things too fast. While, in Italy, they do tons of due diligence, meetings, etc. where not much gets done. So, would it make sense the Italians would pull a Director if they were putting significant funds in a pink? That's for the individual investor to decide. And, the books to be opened to find out.

Some in the U.S. could learn a lot now from foreign business people (like we taught the Japanese all those years ago) - particularly about honesty and integrity and transparency.