I have no idea as I don't care about it. I got in IPRU few months ago because of the C&S. Whatever took place before, it was done and over with as their financial suggested.
When I did DD on IPRU, I used the starting point of the 1st qtr report of this year. The number and share structures make sense. The value of a clean OTC company shell like itself is worth more than the net value of the company on the financial statement.
Company like IPRU as an OTC shell worth couple hundred thousands in itself. With C&S, this company should be worth at least .004 to .006 a share right now to start with. This is how I evaluate this company at this point in time. .004 to .006 is a fair value right now. As C&S grows and be in the black, the sky is the limit.
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