International Power Group Ltd (IPWG)

[Alleyba1]

Alleyba says:

He was told all the dilution in the past was going to the lawyers to fight the chill (sorry not all just alot of $). There is no excuse for not going to a meeting that I believe was very important.

So where is the money for the "done deal"? I agree with IPWG Investor that his scenario is probably correct if money comes in.
However, there are more "real" companies out there trying to get financing. I think IPWG management needs to go on Shark tank show with their "signed agreements" and ask them for the money. Oops they might be asked for financials and an explanation as to where money mean't and the obvious answer will be "we can dilute all we want because we are a non-revenue reporting company and we do not have to account for anything". "Do you want us to close the doors?...we have to dilute (IMO that is their answer).....BUT WAIT....they never showed up for their presentation because they did not know the time and their GPS did not work!!!

Guess the "leaking" out of meeting on chill induced people to buy...not.

I predicted to another shareholder the night before that the meeting would never take place and he was convinced otherwise. Look we all fell for the story, but although I keep going back to the PR I still say it was a press release that can have criminal implications, imo, to management and whether it was released by mistake or not it was still released and it did induce me to buy just as I bought during the great Thankgiving pump and dump weekend. Rumor has it management made a killing that weekend dumping their stock into the buying.

Gotta go........oops I missed my 9 am meeting.....i thought it was 5:30 pm.