Integrated Freight Corp (fka IFCR)

[eddy2]

They are $5 for every ten shares to be issued after the share reversal. That is if investors want to purchase the documents. The cost I herd is a few cents per document issue. Going to a great cause. The first is that thirty percent of the proceeds go towards the release of depreciated assets bringing down the treasury count. The other is debt owing towards administration costs.

So we have what I figure to be just over a thousand share holders. Now let’s assume 500 court documents are sold at a administration cost of a dollar. That is $400 dollars towards administration fees leaning $4000.00 in revenue and another $1000.00 of released taxs back into the treasury stock owed.

My point is that should the company be sold the free will of the goverment has to be repaid in the form of sales tax’s and is required to be shown as outstanding shares owed or share holder debt if you like.

The collateral minus any other debt that is not collateralized ie: accounts payable has to come out of the outstanding shares owed. This leaves the balance owing ie capital surplus or your private placement capital or public funds minus the retained earnings that is recieved by the insiders at par plus market pricing.

I hope this helps the ones who are still grasping with this whole complex accounting scheme put out by the international accounting community.

Do you DD and decipher the rules your self. I would advise hiring a good international accounting lawyer or an accountant in assisting you. Not cheap but well worth the investment in time as the time to attend school maybe not reachable by many of us. I found this to be true in my case.

Good luck, the future is in your own hands.