Sunday, November 18, 2012 5:38:04 PM
I have to DD that a bit. For example, if there was a RM commin soon wouldnt they want more than Half the OS in their hands? 348 mil OS means they would need to hold about 175 mil to maintain control. Think i read that insiders held roughly 50 mil shares already. That would be 190 mil owned by insiders right? So if theres a RM to be had They could amend the SS with restricted shares for new management. Theres a million preferred shares unissued according to the fins. Whats that for? Those 140 mil were issued last month but until recently we havent had much in volume until last trading week so i think he still holds all or most of it. IPRU obviously knows, or has a good indication, where the SP will be once they start releasing details. OS reduction was what convinced me that this was gonna run. Im lookin at this 2 ways. In order to sell that many shares, and make it worth it youd have to pump pump pump and get the price much higher as to not grind this down to trips. Float would be respectable even if all those entered it. 500 mil AS is nothing with momo. BBDA did almost 2 cents with more than twice our AS in their float. Company all but terminating liabilities right around the time the issue release that we all hope and expect to show breakeven or even profitable by Dec. 2012. Makes IPRU a much more attractive buy for investors, plus makes us more attractive for a RM/buyout imo. 2nd way is a merger of some sorts. In either case the pps will have to run from these low prices. The next PR will dictate where my sellin targets are, if i sell at all. IMO even in a worse case scenerio where all would be sold, i would think that with a relatively low OS the market could devour those and still run to pennyland. Just how i see it.
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