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

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To: Joe Hartenbower who wrote (29986)1/19/1998 6:42:00 PM
From: Gerald Walls  Read Replies (1) of 35569
 
In other words Zeev, $250K is a non issue amount when there are so many more things to worry about and do.

Joe

PS... does anybody know who the plainif is?


It's not a lawsuit, it's a defaulted loan. Again, from the 10-Q:

The Company is in default on an outstanding debenture in the amount of $250,000 and is negotiating with the holder of the debenture. A failure of such negotiations could have a negative effect on the liquidity and capital resources of the Company.
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