To: go4it who wrote (32061 ) 5/10/1998 10:09:00 PM From: d:oug Read Replies (1) | Respond to of 35569
Sunday, May 10 -------------- (from a past post by Charles) Eva, I will be going down to Phoenix soon. I will also be trying to set up an appointment with someone at IPM to get us threaders some information. I'll let you know if I am successful in finding out anything but time will be tight. Charles, the April 24, 1998 addition to ipmcf.com states that the company will appeal the delisting, and will be working in the immediate months to figure out financing. My take of the situation leads me to predict that if you cannot pick up the telephone and call IPMCF and request an update covering the period since April 24, then any on-site personal visit will be a "not nice experience". What might be helpful to readers on this thread, is if we could outline the possible strategies IPMCF could take to convince NASDAQ to let it be traded on the ???(I'am not knowledgeable here). This has been mentioned in previous posts, along with posts mentioning possible ways to get financing. These kind of discussions could identify, good and bad, possible outcomes for us to expect. Then, the readers of this thread might be able to better make a decision what to do(buy,sell,hold). As for myself, I have decided to act. My actions are based on what I have read on this post for the past 3 months. My decision to either buy, sell or hold will be made monday. A full explaination is given in the remainder of this post. ----------------------------------------------------------- A short story, for today and tomorrow. --- T'was the day before monday and all thru my mind trying to figure out what to do with the ipmcf SI thread info so I went to the part of my mind reserved for ipmcf and what did I find ? total darkness not kind not a good sign but then, that "light bulb" went off and thru the dim light (15 watt, I guess) I could see the words "Total confusion is not justification for inaction, and an educated guess, derived from the facts obtained from a totally confused state, is as accurate as using the laws of chance." ----------------------------------------------------------- So, this is what I decided to do. Below are the latest numbers for IPMCF in Canada. Along with latest currency conversion numbers. ----------------------------------------------------------- INTL PRECIOUS METAL CP (O.IPMC) Canadian Dealing Network Last Traded at 0.40 Date/Time 1998/05/07 15:38:00 Volume 12,400 Trades 2 Open 0.40 Previous Close 0.40 Bid 0.30 Ask 0.40 Day Low 0.40 Day High 0.40 --- On Saturday, May 9, 1998 .30 Canadian Dollar = 0.2090 US Dollar .40 Canadian Dollar = 0.2786 US Dollar ----------------------------------------------------------- If the numbers monday afternoon are the same, then: flip a coin if heads, buy more ipmcf, jump to line_1 if tails, sell all my ipmcf flip a coin if heads, put money into bank, jump to line_2 if tails, go to another thread, put money into it jump to end_of_post line_1: worry, jump to end_of_post line_2: wait on ipmcf thread end_of_post: