Daft question I know but is anybody signing the contracts/transferring funds?
I noted the comment about the financial status of IPI in the DD report, nothing really tells us whether the company are in good financial health. We only have the word of their paid auditors. Regarding a standard contract, I know from another potential investor that they have sent them an amended contract but not everyone else. Would have made sense for them to collate peoples comments but I suppose the less people complain, the less work.
I am going to send them a letter tomorrow requesting more time. Failing that, I may pull out, which is a big disappointment.
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