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Gold/Mining/Energy : IPMG - International Precious Minerals Group
IPMG 0.00010000.0%Mar 7 3:00 PM EST

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To: im a survivor who wrote (732)9/13/2006 3:20:55 PM
From: rrm_bcnu  Read Replies (1) of 799
 
More clarification from Paper Doctor

Posted by: paper_doctor
In reply to: None Date:7/18/2006 6:29:26 PM

clarification on wy merger...

mechanics of filing:
20 days upon notifying the state of de, ipmg can merge into ipmg-wy. if there are any glitches in paperwork add additional time to finalize the merger. Company does not want to book any more assets until new wy corporation is official.

what a great problem to have. assets-in-waiting for the new ipmg-wy. this is good news for a realistic market valuation of our little sleeper company. $3 million market cap is a joke. anyone have market caps of other jr. gold companies?

Posted by: paper_doctor
In reply to: None Date:7/17/2006 10:29:47 AM

ipmg-wy...

why the vote?

the purpose of the shareholders vote was to save money.

$165,000 will be saved in franchise taxes (based on corporate assets) in the state of delaware by moving to wyoming.

there will be no liability to ipmg with the outcome of the vote.

no state taxes in wy.

pd
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