International Power Group Ltd (IPWG)

[Alleyba1]

Alleyba Says:

It would make sense that IPWG would not show up fo the meeting. After all, if management cannot open a window or close a door, how would you expect them to find their way to the DTC meeting. I have to assume in the "best interests" of the shareholder's they decided not to bill for gas.

I think it ironic that this hearing was scheduled on the anniversary date of the famous 7/26/2010 PR. Now may be the time for shareholder's to consider the ramifications for those from management who issue a PR specifically designed to have shareholders act on false statements inducing them to purchase the stock. When you issue PR that money is coming and there has been a commitment issued for that money you cannot induce shareholders to buy which is exactly what management did.

The fact that they never attended this meeting and THEY cancelled it is repulsive and makes me want to throw up. I do not think any one can defend managment now. If management can be defended under what theory?