IBIZ Technology Corp (fka IBZT)

[DaveP63]

100,000 IBIZ Shares. Another company has the virtual keyboard called Serafim Keybo. Wasn't virtual keyboard patented? We got ripped off.

[OnlyinitfortheMoney]

I've still got 42,500 shares. Worthless. What can we do with them? Anything?

[MaxH]

I have 2,000,000 shares. Waiting for the big comeback :)

[BLUEROCK]

ibiz 45103B205 anyone?

Who owns what’s left of Ibiz Technology? Graybill-Bartz and associates still owns 10,000 IBIZ shares. A 100M Investment Fund, Operating Period 2019-12-31
https://fintel.io/i/graybill-bartz-assoc
https://stockzoa.com/fund/graybill-bartz-assoc/

Mid Continent Capital Still Owns 30,000 Ibiz shares
2015-09-30 13F IBIZ Technology / Com (45103B205) investment $30,000
https://fintel.io/i/mid-continent-capital-llc-il

Geneva Investment Management of Chicago LLC
Geneva Advisors, LLC
http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1269932
IBIZ TECHNOLOGY CORP COM 45103b205 1 $40,000 investment


iBIZ Technology Corp., Kenneth W. Schilling, H. Mark ...
sec.gov
https://www.sec.gov/litigation/litreleases/2009/lr20939.htm
The Securities and Exchange Commission announced today that on February 20, 2009, the United States District Court for the District of Arizona entered judgments by consent against iBIZ Technology Corp. formerly based in Phoenix, Arizona, its Chief Executive Officer Kenneth W. Schilling and its Executive Vice President H. Mark Perkins, also of .
https://www.keyworddensitychecker.com/search/45103b205-ibiz-technology-corp

IBIZ Technology Com 45103B205 0 30,000 SH SOLE 0 0 30,000
https://www.sec.gov/Archives/edgar/data/1015887/000101588715000003/xslForm13F_X01/13fxml063015.xml


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What happened to IBIZ? www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi?ubb=print_topic;f=8;t=003480


Looks Like the United States and Indonesia got hurt the worst by the IBIZ demise.

United States US 2,400, Indonesia ID 1,877 visitors
https://www.keyworddensitychecker.com/site/stockzoa.com

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[Voeksie]

I know this is random but TD Ameritrade has kept it as one of my positions for years now. Is IBZT dead? I know this is a shot in the dark but if something is keeping it alive I would like to know. 45103B205 is in place of the symbol IBZT now. Thank-you!

[coinsguy]

I'm afraid to, lol. They might tell it's a mistake.

[rebelpenny]

did you call brokerage

[coinsguy]

What's up with IBZT. My Ameritrade account shows a $75.77 increase in share price today with a bid/ask of .024 and .026?

[dc_350]

Stalking you...lol

[iconoclassic]

Youthful indiscretions...see the date?

The real question is...what are you doing here NOW?

:)

[dc_350]

Hey! What are you doing looking at penny stocks???

[buccaneer1961]

it will rock this month as well,good to see you here!

[coinsguy]

Look familiar?

http://www.virtual-laser-keyboard.com/products.asp
http://mobilitytoday.com/article.php?a=000063&p=ibiz_virtual_keyboard

[Jim Bishop]

Yes, but in typical fashion, the main scumbags get off pretty much with a slap on the wrist and no payments.

Gee do you think guys that pump out false, misleading and fraudulent news releases, wouldn't be above giving the SEC false and misleading sworn statements of financial condition, nahhh, they'd never do that, or hide money offshore, no way...LOL



U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 20939 / March 10, 2008

Securities and Exchange Commission v. iBIZ Technology Corp., Kenneth W. Schilling, H. Mark Perkins, Jeffrey Firestone, Jerrold B. McRoberts, and D. Scott Elliott, CV 2:06-CV-0502 (D. Arizona)

SEC Obtains Injunctions Against iBIZ Technology Corp., Kenneth W. Schilling, H. Mark Perkins, Jerrold B. McRoberts and Jeffrey Firestone; Jury Returns Verdict for D. Scott Elliott
The Securities and Exchange Commission announced today that on February 20, 2009, the United States District Court for the District of Arizona entered judgments by consent against iBIZ Technology Corp. formerly based in Phoenix, Arizona, its Chief Executive Officer Kenneth W. Schilling and its Executive Vice President H. Mark Perkins, also of Phoenix, and a company consultant, Jerrold B. McRoberts, who resides in Santa Fe, New Mexico. The judgments permanently enjoin iBIZ Technology, Schilling and Perkins from violating, or aiding and abetting violations of, the securities registration provisions of Sections 5(a) and 5(c) of the Securities Act of 1933 ("Securities Act"), the anti-fraud provisions of Section 10(b) and Rule 10b-5, and the periodic reporting requirements of Section 13(a) and Rules 12b-20, 13a-1, and 13a-13; and additionally as to the company and Schilling, violations, or aiding and abetting violations, of the proxy provisions of Sections 14(a), and 14(c) of the Securities Exchange Act of 1934 ("Exchange Act") and Rules 14a-3, 14a-9, 14c-2 and 14c-6 thereunder. The defendants, in consenting to the orders of permanent injunction, neither admitted nor denied the allegations of the Commission's complaint.

The judgment as to Schilling also ordered him to pay disgorgement and prejudgment interest totaling $1,065,432, but waived payment of that amount and a civil penalty based on his sworn statement of financial condition. The judgment as to Perkins also ordered him to pay disgorgement and prejudgment interest totaling $1,180,476, but waived payment of that amount and a civil penalty based on his sworn statement of financial condition. Further, Schilling was permanently barred, and Perkins was barred for ten years, from serving as officers or directors of a public company. Both men were barred from participating in the offering of penny stocks which trade at a price of less than five dollars per share. No disgorgement or civil penalties were ordered against the company, which is now defunct.

The judgment entered against consultant Jerrold McRoberts prohibits him from violating the securities registration provisions of Sections 5(a) and 5(c) of the Securities Act and also orders him to pay $25,000 in disgorgement, but imposes no civil penalty based on his sworn statement of financial condition. McRoberts was also barred from participating in the offering of penny stocks for two years. A default judgment was previously entered on June 6, 2008 against consultant Jeffrey Firestone, which prohibits him from violating the securities registration provisions of Sections 5(a) and 5(c) of the Securities Act and also orders him to pay $2,018,685 in disgorgement, prejudgment interest on that amount, and a civil penalty of $120,000.

In its complaint, the SEC alleged that iBIZ Technology, Schilling, and Perkins made false and misleading statements in press releases, online interviews, investor correspondence, proxy solicitations, and Commission filings regarding the company's involvement with a development-stage product called the "Virtual Keyboard." While these statements were being disseminated, Schilling and Perkins sold over $1 million of their own iBIZ Technology shares into a falsely inflated market. In addition, the SEC alleged in its complaint that the inflated stock price allowed iBIZ Technology to retire approximately $2.8 million of convertible debt that it otherwise lacked the resources to repay. The complaint also alleged that all of the defendants engaged in a scheme to raise money for themselves by improperly using Form S-8 registrations statements. The complaint also alleged that iBIZ Technology, Schilling and Perkins illegally distributed shares through its consultants, Jeffery Firestone, Jerrold B. McRoberts, and Doyle Scott Elliott, who then sold the shares into the public market.

On February 27, 2009, after a four day trial, a federal jury returned a verdict for defendant Doyle Scott Elliott, finding that he did not violate the securities registration provisions of Sections 5(a) and 5(c) of the Securities Act.

In an earlier related action, on February 16, 2006, the SEC revoked the registration of the common stock of iBIZ Technology Corporation pursuant to Section 12(j) of the Exchange Act. See iBIZ Technology Corporation, Exchange Act Rel. No. 54129 (July 11, 2006).



http://www.sec.gov/litigation/litreleases/2009/lr20939.htm

[nosecret]

http://sec.gov/litigation/litreleases/2009/lr20939.htm

[soldier]

Thank You very much for Your comment!!
I hope we'll take a new start!?
Greetings from Belgium,

[config]

I READ THE 24 PAGE SEC. REPORT ON IBIZ CORP.
DURING THAT REPORT I WAS TALKING TO KEN SCHILLING.2004 2005 2006 HE TOLD ME HE WAS BEING INVESTIGATED AND WISHED HE WAS NEVER INVOLVED WITH THE KEYBOARD.
HE MENTIONED HIS LIFE HAD BEEN THREATENED SEVERAL TIMES FROM INVESTORS CALLING THE COMPANY IN ARIZONA AND THAT HE AND STAFF WERE WORKING FOR FREE.HE ALSO STATED THAT HE WAS LOOKING FOR INVESTORS TO ADVANCE THE VIRTUAL DEVICES KEYBOARD. HTTP://www.virtualdevices.net

HE DID SAY THAT HE HAD HOPES OF VIRTUAL DEVICES INC. GATHERING INVESTORS FOR THERE LASER PROJECTION KEYBOARD DEVICE THAT CAN MORPH INTO PIANO KEYBOARD ,DANCE PAD AND QUERTY KEYBOARD,IT COULD ALSO SUSPEND IN MIDAIR LIKE ON THE FUTURE MOVIES .THAT HE DEFINATELY HAS THE DEFINITIVE AGREEMENT WITH THEM FOR "WORLDWIDE DISTRIBUTION" WHEN THE KEYBOARDS ARE MASS PRODUCED.I TALKED WITH VDI AND THEY CONCURRED WITH KENS INFORMATION.AS A MATTER OF FACT,VDI HAS THE PRESS RELEASE ABOUT THAT AGREEMENT ON THERE SITE TO THIS DAY.

THE 24 PAGE REPORT SAYS NOTHING ABOUT VDI LICENSE.....THE SEC REPORT ONLY REVIEWS POSSIBLE MISTAKES AND MADE NO MENTION OF THE NORMAL THINGS KEN SCHILLING DID.

TO CONCLUDE: KEN SCHILLING SEEMED TO TAKE PRIDE IN HIS LONG STANDING COMPANY...HE HAS RUN IT FOR YEARS AND HAD THE NAME CHANGED BEFORE. THE COMPANY LOOKS "DEAD" RIGHT NOW AND MAY BE REVIVED WITH A SLIGHTLY NEW NAME AND SYMBOL WITH THE IBIZ STOCK CONVERTING AT SOME RATIO TO THAT NEW ENTITY.
THE COMPANY MAY CLEAR UP THE REPORT AND HAVE VDI KEYBOARD TO BREATHE LIFE BACK INTO THE COMPANY.

IF NEITHER HAPPENS THEN KEN SCHILLING AND MARK PERKINS SHOULD GO TO PRISON, HAVE ALL THERE POSSESSIONS/HOMES LIQUIDATED TO PAY BACK AS MANY INVESTORS AS POSSIBLE AND/OR BE IN DANGER WHEN WALKING THE STREETS FROM INVESTORS. I'M GOING TO WAIT AND SEE. I FIND IT HARD TO BELIEVE THAT KEN WOULD LET THE VDI KEYBOARD LICENSE VAPORIZE.LF THERE WAS NO VDI CONNECTION(WHICH IS NOT MENTIONED IN REPORT) I WOULD KISS THIS INVESTMENT GOOD-BYE.

[soldier]

@W3Research
Wat do You meant with Your message?

[W3Research]

OT: Skilling+Lay! Next IBZT Shilling+QBID Olsen!

[soldier]

@ SEMSERUS: I just saw Your message, because I don't look every week/day in this board.
Is there still a little light at the end of the dark tunnel? Let's hope so.....

[SEMSERUS]

NOPE. Nothing NEW

[soldier]

Has anybody heard something new about IBZT?
Everey day someone is still selling/buying these shares: why?

[Jim Bishop]

SEC made it's investigation into IBZT formal over two years ago...when doing DD, go way back, not just the present.

[Mr. Shagala]

I got into this stock on October 26th. It seemed like it was goin g to bounce, so I purchased 2 million shares at $.0007.

The day after it tanked and I saw no PR since then. Every day it would just fluctuate from .0004 to .0006. I felt so lucky when I sold all my shares on 2/28/06 at $.0008. I actually made a $200 profit on this piece of shit stock. BTW, I never knew about the SEC action on it. If I had known about it, I probably would have dumped it for a loss.

The moral of the story? Be careful when taking anyone's advice on buying or dumping. Make your own decisions and be confident.

[Jim Bishop]

Totally amazing that a stock soon to be revoked and disappear forever can move like it did yesterday.

Perhaps MM's are happy to sell short at any price to anyone willing to buy....they know they'll never have to cover once the SEC toasts it.

Wish I could short it.

[RJ Trotts]

Come on Mr. MM...BOUNCE this stock back OVER the .0008 area...and I will appreciate that!!
Where has the volume went?? Subbers are HOT!!
Come on Ibiz, I am counting on you!! RJ

[Jim Bishop]

LOL a "nip it in the bud" kinda thing eh?

[usnas54]

New scam alert!! Sam Elimelech and Gai are registering shares of a new pump and dump, Andian, incorporated in Nevada, of course. These two Isrealis fronted the IBIZ pump and dump through a Swiss vehicle called Pangea. Write the SEC early and often!!

[Jim Bishop]

Quite possibly they would have to disgorge as well, but who knows, that might have to wait for civil suits.

[power_forward]

lol--didn't see that part--Perkins gave shares to his relatives--too funny--shouldn't they also be in trouble?

[Jim Bishop]

Did you read the actual complaint? Pretty interesting. Stuff like this:

http://www.sec.gov/litigation/complaints/comp19571.pdf

"Of the
total proceeds from Firestone's sales, he retained $271,500, or approximately 15
percent, wired $1,336,902 to iBIZ Technology, and wired the remaining $373,283
directly to Schilling and his children."

"From July 2003 to July 2004, iBIZ Technology's inflated stock price and
increased trading volumes permitted the company to extinguish approximately $2.8
million of convertible debt through conversions by the debenture holders. Further,
during this time period, Schilling and Perkins sold, respectively, $292,382 and $773,332
worth of iBIZ Technology shares and Perkins transferred millions of shares to his
relatives, which they sold for total proceeds of $225,404."

[Jim Bishop]

You're right David, it's up to the individual to decide what to do with their money, but be aware, IBZT will eventually have it's registration revoked, forever.

You'll never see another financial filed, but if you did, I suspect you would see the same as always, they were selling products, and even their meager services, well below their cost even before adding in all the other expenses.

I very much doubt that IBZT et al will oppose at the administrative hearing or even show up.

[David06]

I was just wondering why you would inform everyone to "dump everything they have tues morning" ? I've been a long time holder of this and am not very happy with the pps. With over 3 billion shares out....don't you think the panic selling would have already happened yesterday with the sec filing?

I just don't think its wise to advise buying or selling. I would leave that up to the individual. Besides, I'm curious to see how the GoMogear sales have been this quarter...

[Jim Bishop]

Yep, finally they are going to be toasted.

I did well on it too back then, but it was so obvious, from their own filings, especially all of Perkins', exactly what they were doing.

SEC is often very slow to act, but when they do it's always decisive.

This is the best part:

"The SEC seeks officer and director bars against Schilling and Perkins, penny stock bars against Schilling, Perkins, Firestone, McRoberts, and Elliott, and disgorgement, plus prejudgment interest, and civil penalties against all of the defendants."

[power_forward]

the scam is finally coming to an end--been waiting 2 long years for this to happen,it sure was fun bashing this junk over on RB(after I made bank on it that early January day of 2004)---it was a great 2 day run back then--the stock was at .015 when the VKB actually showed up on CNBC,climbed to .03 that day,then shot up to .078 the next morning--and then the jig was up

[power_forward]

essentially,yes--there has to be a hearing to actually revoke the registration,so that could take weeks or even months--anyone holding a position here should dump everything they have tues morning

[power_forward]

no,you can only deduct three thousand a year for losses in the stock market against ordinary income--

[soldier]

http://www.sec.gov/litigation/litreleases/lr19571.htm
Is this the end of IBIZ Technologies?

[No Problems]

My best advice to you would be to consult with a good tax accountant or banker who can look at your specific situation and guide you accordingly.

[smilincat]

I'm not so wise in $ issues...so let't say I make 100K a year and have lost 25K with this stock (I've had it for years)...would I actually be able to use that 25K as an upfront deduction? So then I would essentially start (tax-wise) with $75K ?

[No Problems]

The SEC has started the process to either suspend IBZT from trading for 12 months or revoking their registration entirely. They are doing this because IBZT has failed to make it's required filings to the commission.

If the stock's registration is revoked, it becomes illegal for market makers or brokers to facilitate a trade so the shares, in effect, become worthless. There is no longer any vehicle to liquidate.

They usually try pretty hard for revocation. Their intention is not a 12 month suspension.

[multivalue]

It means that if you are holding any shares like I am then I am having a loss to report this year...

And it means the SEC is filing a motion to suspend the stock for 12months or delist it altogether for failing to keep up with required reporting...

[smilincat]

I couldn't open this...what does this mean??TIA

Smilin'

[No Problems]

Revocation pool starting now:

http://sec.gov/litigation/admin/34-53323.pdf

http://sec.gov/litigation/admin/34-53323-o.pdf

[Goodbuddy4863]

Has anyone on this board actually bought one of these Laser Keyboards and tried it out..

If say...Make your report,Please?

[soldier]

I've send a message on 15. Dezember and again on 20 Dezember to [e-mail] and.......... I've got no sign at all: Santa Claus is sleeping!!!!!

[mokew]

opsrex;
It's been a month and no reply, guess that tell ya what they think of this POS stock.

[opsrex]

sent an email to [e-mail] and it was returned as undeliverable. not a typing issue on my end since i clicked on their link. anyone know about this?

[X-Fortune 500]

iBIZ Technology Corp. Expands Gomogear Product Line to More Than 12,500 Consumer Electronic Products

--------------------------------------------------------------------------------

PrimeZone
6:27 p.m. 10/11/2005


Gomogear.com expands consumer electronic product offering
PHOENIX, Oct 11, 2005 (PRIMEZONE via COMTEX) -- iBIZ Technology Corp. (Pink Sheets:IBZT), a manufacturer and distributor of accessories for personal digital assistants (PDAs) and other handheld devices, today announced that it has expanded its e-commerce store gomogear.com to more than 12,500 consumer electronic products.

GoMo, short for Go Mobile, focuses on quality brand name electronic and accessory products for both business and leisure activities. The site sells items such as LCD televisions, cameras, MP3 players, DVD players and cell phone accessories.

Expanding its product line through gomogear is a natural evolution as the company continues to enhance the shopping experience in its ecommerce offering. Most products are available for same day shipping including core products offered on ibizpda.com. The iTech Virtual Keyboard continues to be a top seller as iBIZ Tech. continues to expand the exposure to gomogear.

About iBIZ Technology Corp.

iBIZ Technology Corp. is a manufacturer, distributor and reseller of accessories for personal digital assistants (PDAs), handheld devices and consumer electronic products. IBIZ is recognized for innovative, high-quality, competitively priced products that are available through retailers, e-tailers and gomogear.com.

For more information on iBIZ products and services, visit www.ibizcorp.com or call 623 492 9200.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov ). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

This news release was distributed by PrimeZone, www.primezone.com

(C) 2005 PRIMEZONE, All rights reserved.

[Jim Bishop]

Ouch! Oh well they can dump them below cost, they're good at that anyway.