VENTURA, Calif. – April 01, 2010 -After numerous talks with financial advisers, Pete Ippel has opted for an Initial Portfolio Offering.
Ippel announced today that he has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of his Class A common art. A portion of the art will be issued and sold by Ippel, and a portion will be sold by certain stockholders in Ippel.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.