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Posted by: EdFrankie In reply to: rrufff who wrote msg# 17257 Date:5/10/2006 1:42:18 PM Post #of 17267
Just got off the phone with Brian (IPMG CEO). He advised my math was a bit off and that the float is 55 million but that a "fairly sizeable" portion of the float is being held strong by long term investors.
He will be updating the president's letter within the next couple weeks. He has not been promoting the stock via PR's because he has been focused on completing several projects and is not trying to show his cards too early to his competitors. He is not using equity financing and is not selling shares. By years end, IMO we will be at much higher levels. I'll be holding the majority of my shares long-term. Looking for a multi-multi bagger here ;-)
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