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

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To: Larry Brubaker who wrote (30678)2/26/1998 3:07:00 AM
From: Bill Jackson  Read Replies (2) of 35569
 
Larry, With the negative net worth it is just a matter of time before liquidation. Assets are well below debts. How many debts are hard debts to suppliers etc, and will collectively bankrupt the company when they cannot realize on the worthless paper they paid millions for.
I would expect they have a bunch of nasty letters and liens and writs filed by now. Is there are site where you can access small claim court actions and other legal actions against IPM?. If there are a few of those the jig is up.

Bill
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