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09/03/10 6:57 AM

#11170 RE: Alleyba1 #11169

Do you have any idea why a pinky with five and one half BILLION shares outstanding,selling at .0017, is worth fighting over? I will not list the other major problems such as the "chill", but they are present. Seems to me the "smart money" could locate other situations less complicated to invest in. It could be there is no smart money involved here. I believe we shall learn much in the next few day's concerning the fate of IPWG. Hope it is all positive.

beachman

09/03/10 10:22 AM

#11171 RE: Alleyba1 #11169

"I cannot understand the IRISH group. Why wouldn't they come out with a press release saying that they have board members on the IPWG board. "

Not the IG or anyone else can make announcements. IPWG news and public announcements can only come from IPWG mngnt regarding business news that discusses details of operational developements and internal changes period. 2ndly and its only an assumption, if these guys are dealing with attorneys and I am sure they are, they aren't going to say or post a thing without everyone giving their blessing starting with the legal counsel. Call it a gag order which is standard operating procedure.Someone can write announcements but ultimately IPWG has got to approve it or thy could be sued for false or misleading information.

"at least we know PT is being watched. In other words his hands are tied. Thank goodness for that."

Everything that warrents watching will be watched .We need rumors cleared up 1st before the watch list is created. Right now to me a good BOD's and a new CFO (to start with ...until rumors are taken care of) will be a great start. Everything is a function of numbers and those numbers don't lie. They can be cooked,fudged and maipulated but an audit will always get to the real numbers. Thats why we now have Serbanes Oxley. CEO's and CFO's have to sign off on published numbers for annual and shareholder reports.
Just my opinion.