RE:SG&A at IPTAll good points, Petersburggray.
Excessive G&A spending and excessive share dilution benefit insiders and hurt shareholders. Ipt has been underperforming in all departments and all the shareholders are getting is some BS quarterly pre-recording with no real meaning. As for the excessive G&A, both the CEO and the CFO came to Vancouver penniless, but now both live in multimillion villas and that explains why they will never reallocate vrom Vcr (as they should if they care about common shareholders. Just today Pure Gold kicked out its underperforming management team and closed their kozy Vcr headquarters). I think Fred should take notice of what happened with the smooth talker in charge of PGM and start deliverying.
I have been a long term shareholder and I have gotten nothing from my investment. I stop close to calling this company a BS company, but the feeling is definetly that the management puts its own interest first.