To: Pal Halliday who wrote (33782 ) 8/28/1998 12:14:00 AM From: d:oug Read Replies (1) | Respond to of 35569
Pal, in you post was the following, <<<...if a financial angel...make IPMCF worth something again... ...can we make a pile by buying these 5 or 1 cent shares now? ...depends how current shareholders will be cut in on the deal..>>> I agree, and I remember other posts by others saying that those buys and sells of ipmcf at 1 or 5 cents are not to be believed. Maby they are just a lure to sucker people to start buying and once a buying starts the sell price increases quickly with all selling done by those firms controlling the horizontal and verticle picture. I'am sure they brought up a large nuumber at under 10 cents for speculation that IPM can survive, or that before any collapse they can sucker people into a buying mode and jack the price up. I read all posts for today, and there has been some discussion on the motive or believability of Bill Jackson. Bill does present facts and makes predictions and today mentioned a behind the scenes testing of the IPM dirt. I have no facts to back up what I say next, its just my impression of Bill's posts on this ipmcf thread, and that Bill likes to know what is happening, and the only thing that Bill likes more than this is for other persons to know that he knows. My view of Bill's past posts were more of a prediction that IPM will fail, and Bill was 95% sure of this, so he said it as an 100% sure fact. Thus, like him saying "IPM has already failed completely, move on". Now I read Bill's recent post and remind myself that he wants to be knowned as one "that knows", so here is what I predict. - a real and honest and sincere effort is under way for a PP - the PP people are doing real valid honest testing - if tests results are to their liking, then a PP will be done - the PP will be best case 10:1 stock dilution - if this happens, then the shareholder 10% may be dropped so as not to prevent IPM from moving forward. - with a best case 10:1, a current holder could not buy enough to average down enough to make money. My prior post, you need 0.50 average (50 cents) to sell at $5 to just get investment back. - if the PP is close, ready to happen, then try buying from the firm that deals with this buy/sell and they will not sell even at 50 cents if a PP is to happen with the PP people driving he price to 5.00. But then, if no PP happens and IPM fails, buy a million at .01 today and tomorrow its worth wallpaper only. Doug