Replies to post #10450 on International Power Group Ltd (IPWG)

[VR-Strategy_Advisor]

Let's take a look at was has happened;)

*2 pr's were released today revealing a great future in IPWG.

**"We are pleased to have completed our audit for fiscal 2008 and will now focus our efforts on completing the audit for the year ended December 31, 2009 and the review of the 1st two quarters of 2010 which together will allow us to become fully reporting again under the Securities Exchange Act of 1934

They are completing their audits and becoming fully reporting.

***In light of the cost involved, upon receipt of the anticipated funds from the funding group we intend to fast-track our work to complete this important task."

;IPWG is fast tracking the rest of the audit asap.

****The Company also announced that it has received not only further assurances from the funding group regarding IPWG's imminent receipt of €5,000,000

Finance for IPWG is imminent.

******John Benvengo and Peter Toscano have received an Executive Summary from the group inviting Messrs. Benvengo and Toscano to join them in Beijing, China next month to work closely with start-up operations in the green energy sector with an IPWG office in Beijing, China,

They're going to China to further the movement across the globe.

******* expects to announce shortly the receipt of the initial traunch of funds from the investment group that has provided the credit facility to IPWG for its construction of its Koryciska, Poland WTE facility.

The credit facility is complete.

********We remain anxious to move forward with this project in Koryciska, Poland, the first of several worldwide WTE facilities planned by IPWG.

Poland ,Saudi Arabia ,U.S. ,U.K. ,Mexico ,Egypt ,all of the IPWG WTE plants will bloom.

*********The Board of Directors continues to believe it is a uniquely inopportune time to consider a sale of the Company to any individual and/or group, especially in a 'going private' type transaction which would cash out the shareholders now at today's depressed values,

The Timbuktu group was trying to takeover IPWG and go private!

*********For this reason, as well as others, the Board has rejected the recent overtures by an investor group led by John Gildea and Paul Sweeney to take control of the Company to effect a going private transaction which in our opinion completely fails to provide fair value to our shareholders. For that reason, in recent days there has been a flurry of wildly misleading and libelous e-mails regarding the Company, its Board and outside advisors, none of which have any merit whatsoever.

Nice ,it even named guilty parties in a legal ,binding pr ,and I quote"there have been a flurry of misleading and libelous emails ,none of which have any merit whatsoever."

*\\\(*o*)///*Rumor vs. The Truth ,in Spades. After a long and arduous battle ,IPWG is finally kicking some ass.