Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (33542)	8/2/1998 1:04:00 PM
From: knight	Read Replies (1) \| Respond to of 35569

Doug, good post. All I ask is that any bail-out proposal based on saving IPM as the current entity, considers the liabilities, both financial and legal, that is part and parcel to this type of restructuring package. IMO, SH's with the resources to save IPM in its' current form, would also be able to form a new company. If IPM was meeting the listing requirements and trading on a major stock exchange, there would be some advantage to saving the company. This is not the case. You would still have to proceed with the hearings to get relisted, a can of worms as far as I'm concerned. My posts are not designed to thwart the attempts to save IPM by the SH's. This is a commendable effort. My concern is throwing in with any member of the current BOD. Since the Black November release, they have demonstrated incompetence or an unwillingness to deal with the issues at hand. To add insult to injury, they also chose to shut down investor communications. Just my opinion of course, others may feel differently.