International Power Group Ltd (IPWG)

[Itsallinthemix]

ADDPOWER

It has come to my attention some posters expressed some concern regarding Add-power...Here are the FACTS!!!

Add-power which is under Addpower UK. is WELL AND ALIVE!!!!!

Add-power is in a Joint venture between Narec (a British government funded entity) and IPWG ...Ipwg owns 80% and Narec along with Lennart Strand the remaining 20% (Lennart Strand is on the Board of Directors of Add-power UK.)...In addition Narec will compensate Lennart $962,000 for Addpower.

http://newsletters.narec.co.uk/newsletters/view.aspx?nl=13&it=60

Chief Engineer Michael Maguire will be the head of commercializing Add-power. And Michael Maguire is the president of Add-power Nevada.

Once IPWG receives the 5million euros from the Italian finance group, it will be in a better position to bring add-power to commercialization with Narec.