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hox

04/23/10 11:15 AM

#24693 RE: eyeownu #24684

I strongly disagree with the prevaling sentiment regarding the "shorting" of IHGP and its huge potenital to run. This potential is based on speculation that IHGP is making money with a financial report just around the corner. I doubt it. IHGP is under no obligation to provide any reporting. Why should they?

Nearly 1/4 billion shares have been traded today, and no increase in the PPS. This same thing has happened for days now with IHGP and still no change in the PPS. More confounding is that the transfer agent won't tell me the outstanding share number. Generally this scenario is used by companies whose sole motivation is to max out the O/S and then Reverse split. What type of animal IHGP is remains to be seen.

The only facts are is that billions of shares are being sold, the PPS remains at 0.0001, and a joint venture with Aisle Sentry has been announced. So why do shares continue to sell and the PPS is remaining fixed? A pessimist would have to conclude that IHGP has no tangible motivation to actually bring something to market? Why would they, with billions of authorized shares, its a very low cost money machine. Actually developing a tangible product, marketing it, and setting up a sales network, costs money, and assumes a much higher level of risk as you have to compete with like products on the open market. Selling the concept of high efficiency motors, and led lights seems much more safe, as you only have to keep the hype going to stimulate the sale of your stock.

I am not buying into the hype, if I could get my initial investment out of this stock I would gladly do so. It's not good form to bash a stock you own, but I respect myself enough to call bull.... on something that is not making the cut.