Our previous record of 37.8% returns on our investor’s portfolios made us the “sure” Investment Partner as we have become known on Wall Street. I am pleased to report that we have seen our Investors pass that record and they now enjoy a 44% increase in their portfolios over the first six months of 2008. Our Private client base has grown 11% and we have welcomed 7 new institutional investment groups to the CIG family. What a start too the year, which I believe will only get better. My end of year target of 45% returns for our private and institutional investors is within our reach and I believe 18% for our corporate partners is quite attainable.
We have achieved this through innovative thinking, stringent analysis, strategic planning, and key Management & Partnership changes and together this has yielded great rewards. We are also operating from our new trading floor – affectionately known in house as the “Fish Tank” – perhaps my choice in glass furnishings and a totally glass shell led to this. As my wife would attest interior decorating is not my strong point. What I do know, is the Investment Arena, our vision statement explains that service is the fundamental concern when dealing with our investors.
Paul Stapleton – Senior Analyst report on IPWG:
One of our newest Portfolio offerings is International Power Corporation and we trust that this will be a performer in the same category as last year’s winner United Precious Metals (UPRS) that went from $3 to $10 in a year making our clients over 300%. Well, the good news is that the CEO of UPRS is the latest addition to the IPWG board of directors. Mr. Woodrow Crouch has a history of taking companies to their rightful place as Industry leaders. I have taken the liberty of preparing a timeline to display why this company is going to show investors a windfall return on their investment:
2004
Dec 23, 2004 (BUSINESS WIRE) -- International Power wants to clean up the world's hazardous waste. International Power Group plans to go where other companies have little wish to venture. Last week the Lodi-based waste management company completed the acquisition of 50% of Tratamiento Ambientales Tecate (TAT), a provider of hazardous, non-nuclear waste disposal in Mexico.
2005
May 23, 2005 International Power Group, Ltd. announced today that it has executed a contract with Naanovo Energy to build a three hundred million dollar ($300,000,000)
October 3, 2005 - International Power Group, Ltd. (IPWG) has received an exclusive licensing agreement from Naanovo Energy for various countries including but not limited to the United States, Great Britain, China, Philippines, Venezuela and Mexico. In a meeting held in Lugnby, Sweden with Naanovo Energy and International Power Group, it was agreed that these locations, and others were granted after evidence of negotiations for various plant sites were presented by management of International Power Group.
2006
Jul 18, 2006 (BUSINESS WIRE) -- International Power Group, Ltd. announced today “July 18 2006”, that IPWG has been granted approval to commence construction of waste-to-energy plants in the Kingdom. The license, which is renewable in 3 years terms, was concurrently issued by the following three Saudi Arabian authorities:
Oct 05, 2006 (BUSINESS WIRE) -- International Power Group, Ltd. has completed the acquisition of proprietary patented technologies that are expected to be beneficial to the Company's business of developing waste-to-energy facilities and expanding into other alternative energy businesses. These technologies, which include waste-to-energy, Add-Power, a low temp turbine (LTT), and Scrub-Power, a special emission-to-
2007
November 19, 2007 (Business Wire) International Power Group, Ltd. announces today that is has been granted the use of soil permit for the Sistemas Ecologicos Para La Proteccion Ambiental, S.A. de C.V. (SEPA) joint venture project. This is a major step for the company, since it will allow IPWG to progress in the development of the Waste-to-Energy plant in Mexicali
Peter Toscano, President for IPWG stated, "I am elated to finally have the ability to move forward with the Waste-to-Energy project in Mexicali. The support and cooperation of the local and state government has enabled IPWG to move one-step ahead."
December 31, 2007 (Business Wire) International Power Group Egypt, Ltd. ("IPWG Egypt"), a subsidiary of International Power Group, Ltd. today announced that it has assumed control of a 245 acres (1,000,000 square meters) parcel of land in the industrial city of the 10th of Ramadan, Egypt on which it plans be construct and operate state-of-the-
Said, Louis D. Garcia, IPWG Egypt's Chief Financial Officer, "Under our August 26, 2007, Cooperation Protocol Agreement, IPWG Egypt and the Egyptian Ministry of State for Environmental Affairs contracted to establish a comprehensive hazardous waste management system throughout Egypt. Implementation of the Cooperation Protocol starts with the 10th of Ramadan location, which will serve as the pilot project for the remainder of the country. Land clearing and road cutting have already begun at the 10th of Ramadan site, and we have executed a 25-year lease agreement with the Egyptian government."
2008
January 18, 2008 (Business Wire) International Power Group, Ltd (IPWG.OB), announced today, that its Add-Power unit is ready for public viewing. January 4th marked six months of Add-Power's successful operation. Our engineering staff in Sweden has informed Mr. Toscano that commercial clients, as well as stockholders, are now welcome to visit the Add-Power operation in Vargon Alloys Mill, Sweden. We request that interested parties contact our Swedish office to discuss tour details.
April 30, 2008 - International Power Group, Ltd. (OTCBB: IPWG-OB), a global and renewable energy solutions company, today announced that its Board of Directors has named Woodrow W. Crouch to serve as the company's Chief Executive Officer, effective May 19, 2008. He succeeds Peter N. Toscano. Mr. Crouch will be leaving Noble Environmental Power (majority-owned by affiliates of JP Morgan Partners, LLC), a leading renewable energy company with over 4,000 megawatts of wind-parks under development in several states, including New York, Vermont, New Hampshire, Maine, and Michigan. Prior to joining Noble Environmental, Mr. Crouch served as Vice President and Director of Power Transmission and Distribution of DMJM Harris, a flagship subsidiary of AECOM Technology Corporation (NYSE: ACM). Earlier in his career, Mr. Crouch held management level positions with Consolidated Edison of New York, Inc. and the New York Power Authority.
To visit their site go to; www.international-
Phone: +1(800) 961-2389
Fax: +1(646)
Email: info@commerceinvestments.us
Website: http://www.commerceinvestments.us
