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Re: gnolfinvestor post# 12305

Wednesday, 10/27/2010 5:44:22 PM

Wednesday, October 27, 2010 5:44:22 PM

Post# of 19697
again facts not fiction,those that should be informed,and again public knowledge,when the conf call in sept was held our ceo stated the company would get a management fee of between 15%-20% of the 350million dollar loan,the normal management fee is between 4% -6%,now why would our company get 3-4 times the management fee,to oversee a project,could this be the reason the deal has not been consummated,and could the parties involved have come to the conclusion that the management fee was and is to exorbitant for the experience that our bod and others have,again all imo but when does one stop and try to do what is right for the company and its shareholders,,,,,,,,an old friend always told me ENOUGH IS AS GOOD AS A FEAST!!!!!!!!!!!!of course this is not a scam in many peoples eyes,people have lived off this co for years as sh have seen their investment dwindle,people dont like to do business with greedy people might that be why ipwg has not closed a single deal since its inception,aimho!!!!!!!!!!!!!