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florida135

07/15/06 10:44 AM

#19376 RE: florida135 #19375

Dear Richard,

Let me first say that I realize that everyone is anxious right. I
have told you what I know about the situation. No matter how many
times you ask about the reverse split, I will give you the same answer
because it's the truth. MLMD is a different company, with different
requirements and it not comparable in the context that you stated.

Please remember that there is a lot of time to kill on the message
boards, and when nothing goes on, it gives people time to concoct all
kinds of theories. There is no conspiracy other than our desire to
make IPRE a success.

Since we are privy to what goes on with the company day to day, we are
much more confident than those who just blindly speculate. Keep in
mind that to my knowledge no investors predicted the reverse split,
the dividend, the forward split, the cell phone deal, Never Submit, us
acquiring MLMD etc, etc right before they happened. So while
investors on IHUB and other boards (which is a small percentage of our
overall shareholder base) may think they can run our business better
than we can, they have no idea about what is coming any more than they
did about what was coming in the past.

We will always update our shareholders when there is news to tell.
As I have always stated, we have a long-term agenda for this company,
and we are focused on building it long term. There is no mystery
about that.

On an unrelated note, I am in the process of starting heavy
pre-production duties on "Never Submit" and "Whiskers" as well as
other confidential matters that will become time intensive over the
next few weeks. As a result I will have to cut down on my time
responding to yours and others daily concerns. I believe that
shareholders would like me to focus on building the company and value,
rather than spending my time talking about it. I ask that investors
respect my time at this time as we are entering the next phase for our
projects as expressed in recent PR's.

All the best,

James


On 7/14/06, Richard and Eileen Lepre <elepre@surfglobal.net> wrote:
> Hello James. If you've read the board today, the folks that have been
> supporting you and the stock have a very important question to ask. It
> seems that one of our posters has taken the time to contact the office where
> we were supposed to have filed for approval of our reverse split. He's been
> informed that they "have no record of it ever being filed" !!!! Since next
> week will be "six weeks" from our filing date, don't you think it's taking a
> lot longer than it should ??? Another poster, also a backer of Imperia,
> wonders why, and I tend to agree, the forward split of MLMD was accomplished
> in a flash, and the reverse split of Imperia drags on and on ??? What could
> possibly be holding this thing up this long??? We want to believe it when we
> read that Ken checks every day on this thing. However, I really believe you
> and Ken should discuss this thing and make a public release as to just where
> "everything stands" regarding this company. We know of all the "past
> announcements" you people have made. What we would like to know is, has
> anything positive materialized from any those positives you've been working
> on??? Days go by, and weeks go by, and not only does this announced split
> never seem to happen, but "nothing" is said. For a company that was popping
> out one positive press release on top of the other, "why are we now so
> silent"??? We would all appreciate a straight answer to these questions.
> Taking your anger out on the remaining shareholders, who've stayed the
> course, in my opinion is just "misdirected anger" !!!!! Regards, Florida
>
>
>


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lemon

07/15/06 10:53 AM

#19377 RE: florida135 #19375

Is Jim aware or are you just assuming he's aware that you'll post his response for everyone to see? Based on his reply, I think he hit our nail on the head! With no direct news from IPRE itself, people tend to make-up or create their own news to keep the interest alive! He's got the hint from posters to spend more time doing his job and less time reading and answering post and E-Mails!!

Press releases updating status of Never Submit are due out very soon if Jim wants to validate what he said about releasing news within a month! Would like to also see read an update on SIIR!