Replies to post #6073 on iPackets International Inc. (IPKL)

[Californicator]

Pump and dump??? At this level. Please. Just because you decide to sell out, Don't be saying that. I thought you were the last person to do that.

[huggums]

Fill the gap...I was ticked this summer also. Back when there was 4 or 5 posters here, we all were bitchin! But the company actually started to pr progress, that is when the big boys took notice, imo. They seem to have left for the moment, but will no doubt return upon further good news. I don't doubt there was a spam for this company at some point. But did the company pay for it? Or was it someone who had been paid in shares? To late to know now, but if you get another let us know! I just keep reminding myself these guys are public for funding reasons, as all public companies are. How the funds are used and what progress is shown from that use is what should concern all, about any public company. Imo.

[Isavant]

http://china.seekingalpha.com/article/18114

Ventures/Investments

• iPackets International, Inc. (IPKL.PK) a global developer and provider of wireless and communications solutions for the mine-safety industry, announced its signing of a Letter of Intent to establish a Chinese Joint Venture with China Coal Information Institute [CCII] and Henan YongAn Investment Guarantee Co. (YongAn). The joint venture will be responsible for the manufacturing, distribution, sales, marketing, installation, deployment, and support of iPackets' iPMine solution to the mining industry in China. The operation will be based in the province of Henan, China's second largest coal producing province. According to the agreement, YongAn will provide funding of up to US$50 million to the venture, and over 10,000 square meters of land to build and outfit a world-class manufacturing facility in Henan. Under the deal, CCII will provide professional services including product certification, sales and marketing, technical support, and market intelligence. iPackets will provide technology intellectual property, continued product development, technology direction, and technical knowledge transfer. The agreement is expected to be finalized in two months. China Coal Information Institute, a national research organization, is part of the newly established National Institute for Occupational Safety. YongAn is one of the first investment guarantee companies to be approved by the Chinese National Development and Reform Commission. iPMine is a real-time two-way wireless communications solution that tracks, monitors, and communicates with miners and equipment underground and above ground.