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Friday, December 24, 2010 2:43:23 PM
Merry Christmas to you all. Now back to business........what bothers me the most is how IPWG could not have known about the December 22nd settlement between all the companies including Signature Leisure. After all isn't that case the reason there was a chill on the stock by the DTC? Are the BOD's sleeping or taking out the trash?
Here is a theory going around or rumor........IPWG has the money or can get it but they do not want to announce it until the DTC lifts the chill. That may make some sense.......but I think the company has an obligation to its shareholders to update them on the CHILL, the money, etc. etc.
Instead of diluting shares and arranging for people to get in on the cheap they should just announce so all the shareholders who paid up for the stock can benefit
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