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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: PETE STONEY who wrote (34953)12/2/1999 10:30:00 AM
From: Paunch  Read Replies (1) of 35569
 
Pete,
IPM was to go chapter 7 in Nov. but one of the creditors ask for an extension until i think Dec. 12 TH. What IPM owns in not enough to pay bank one who has a secured debt so they get everything and the other creditors get nothing.
IPM will most probably go into chapter 7 at that time.
Paunch
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