IPSA Group Forum

this ppa extension I would say is a negative, the better rns would be a ppa signed that would actually allow ipsa to make money.....

are these guys insane? ipsa never made any profit of this PPA, they have 4.4 mil due to turbocare and potentially 3.2 million to IRIS and 1 mil in debts from last year let alone the 1.2 million owed to directors. These loonies can't understand why the market is not picking up on ipsa? well it's cos the market know ISPA is in a giant big hole.

So that's 1 mil debt for operations, 4.4 mil to turbocare, 1.2 million to directors and IRIS to settle with so let's say 3.2 mil = 9.8 million of debt. The company makes no profit and has only 3 directors with only an acting CEO which has been the case for months, on average the company makes a loss of about 1-2 million a year because the PPA is so bad and that PPA is more than likely going to be extended.........and sherloq is happy...remind me not to ask him/her for financial advice.

lol..foolhardy...its the same bloke that wrote the rur and ipsa rns lol...

another example of the corruption on chat sites.

next rns will be details of payment to turbocare...sadly that will probably kick off a dip. after that its ppa expiry. might get news on iris case also.

iris quarterlies are running late. need a court case update. how much extra will turbocare charge for 4 months in default?

4.4 owed to turbocare and up to 3.2 mil owed to iris....bye bye liquidity.

has anyone on lse figured out that this money is going straight to turbocare yet?

these guys will be gutted when that money goes straight out the door to turbocare