Lets not forget the 1 for 50 reverse split on February 20, 2013 almost 3 months ago.
that would make the true value of that 0.27 more like 0.0054 per share.
the statement you posted:
The Company has incurred net losses for the period from inception on February 10, 1997 to December 31, 2012 of $10,834,458 and has no source of revenue.
From this management you can expect massive dilution to make there source of income to take those expensive vacations to China.
They'll have that printing press fired up sooner than you think printing out those new shares.
IPKL was around this price when they sucked so many people into that little adventure.
Best of luck to you, I really hope you do make money, but I wouldn't hold my breath waiting on this group of experts