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


To: d:oug who wrote (34040)9/8/1998 12:39:00 AM
From: Tim Hall  Read Replies (1) | Respond to of 35569
 
<< but I strongly suspect that the name Dale Runyon does NOT directly control any voting rights to any of those shares and previous discussion on that subject was in error. >>

Doug,

What happened to Runyon=Phoenix=Omegas 4 million shares? At one time the Black Rock claims were in the name of Runyon and his family members. Who if anyone paid the claim fees that were due on Aug. 31? Were they sold at $4 to $6 prior to last November? Were they used to cover shorts sold when stock was $10?

Follow the money.

Tim



To: d:oug who wrote (34040)9/8/1998 6:30:00 PM
From: Paunch  Read Replies (5) | Respond to of 35569
 
Doug,
I have just been given the the opportunity to offer a buy out of IPM to the share holders, in my estimation it would cost some where between .08 cents to .25 cents per share according to how many shares were represented in the buy out.Only represented shares would own IPM, any shares not represented in the buy out would loose all of there shares. This amount per share would pay off the debt and leave enough money to prove up IPM dirt to a point where we would be able to get the money needed to continue. This would happen only in the case IPM went into chapter 7. The amount of money offered would have to satisfy the court.

I need some feed back on this offer, IPM thread will work for all comments, time is short.

Paunch