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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Richard Mazzarella who wrote (32394)5/25/1998 11:02:00 AM
From: Larry Brubaker  Read Replies (2) of 35569
 
Richard: The following is from IPM's April 24 statement to shareholders:

"The de-listing proceeding was commenced because the Nasdaq staff raised questions regarding the adequacy of certain press releases by IPM during an approximately 1 1/2 year period ending November 14, 1997."

That's the way IPM puts it. I remember commenting when the April 24 statement came out that I was surprised IPM gave this much information about the reason why they were delisted. They could have said nothing and let people believe they were delisted for a technical reason.
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