Independence Brewing Company (fka IBCO)

[madpirate]

Still have my shares I assume one day they will simply be pulled out of the account.

[lattitdude67]

hey usasports1 how is your broker handling the revoked shares? do they still show in your account? and is there a price still attached to them? if this thing ever trades again and someone is willing to buy i am so outta here!

[Renee]

IBCO: Revoked:

http://sec.gov/litigation/admin/2011/34-64828.pdf

[lattitdude67]

i cant even sell my IBCO thru my broker until a market gets made... uggh!

[lattitdude67]

i hear ya it does suck big time! i am calling my broker monday to learn how to place a grey market sell order for the tuesday morning opening... id like to be 1st in line to at least get 0001 for them...lol... with the rampage the SEC has been on with outdated filers and questionable press releases i think i am gonna be done w/ stop signs and caveat emptor otc securities... it reminds me of holding a bank stock into the weekend... ya just never know if its gonna make it til monday or is the fdic gonna fuk ya... now the SEC is doing it to the penny market... uggh

[madpirate]

Yeah this sucks! I have held shares for years only to see this happen.

[lattitdude67]

well it looks like something finally happened! SEC suspension and no filings for 11 yrs. one would have to think this babies toasted... grey sheets and .0001 is in their future...that is until they get the dreaded order like the rest of the non filers get shortly after hitting the grey sheets here is an example of a recent one

An Administrative Law Judge has issued an Order Making Findings and Revoking Registrations by Default as to Five Respondents (Default Order) in American Resource Technologies, Inc., Admin. Proc. No. 3-14378. The Order Instituting Proceedings alleged that Respondents repeatedly failed to file required annual and quarterly reports while their securities were registered with the Securities and Exchange Commission. The Default Order finds these allegations to be true and revokes the registrations of each class of registered securities of Apollo Resources International, Inc., Bloodhound Search Technologies, Inc., Bluestar Health, Inc., Continental Fuels, Inc., and Data Race, Inc. pursuant to Section 12(j) of the Securities Exchange Act of 1934.

The proceeding has ended as to Respondents Columbus Networks Corp. and Ness Energy International, Inc. See American Resource Technologies, Inc., Exchange Act Release Nos. 64548 (May 26, 2011) and 64662 (June 14, 2011), respectively. The proceeding is still ongoing as to Respondents American Resource Technologies, Inc., and Golden Oil Co. (Rel. 34-64684; File No. 3-14378)

this thing will be lucky to fetch .0001 for a few days before its ultimate demise... the only reasoning that makes sense as to why they didnt 15-12g deregister at some point is it must of been abandoned or given up on...usually due to massive amounts of debt which would make the shell unappealing to anyone deregistered or not... which seems to happen regularly with these stinky pinky's

[BGI67]

Renee, you seem to be on just about every stock's page that gets halted, reporting the news. Do you work for the SEC?

[Renee]

IBCO : SEC Suspension and SEC Admin. Proceeding :

http://sec.gov/litigation/suspensions/2011/34-64660.pdf

http://sec.gov/litigation/admin/2011/34-64661.pdf

Independence Brewing Co. (“IBCO”) (CIK No. 1009863) is a Pennsylvania corporation located in Philadelphia, Pennsylvania with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). IBCO is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-QSB for the period ended March 31, 1999, which reported a net loss of $238,058 for the prior three months. As of June 9, 2011, the common stock of IBCO was quoted on OTC Link, had six market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).

B. DELINQUENT PERIODIC FILINGS

As described in more detail above, all of the Respondents are delinquent in their periodic filings with the Commission, have repeatedly failed to meet their obligations to file timely periodic reports, and failed to heed delinquency letters sent to them by the Division of Corporation Finance requesting compliance with their periodic filing obligations or, through their failure to maintain a valid address on file with the Commission as required by Commission rules, did not receive such letters.

Exchange Act Section 13(a) and the rules promulgated thereunder require issuers of securities registered pursuant to Exchange Act Section 12 to file with the Commission current and accurate information in periodic reports, even if the registration
is voluntary under Section 12(g). Specifically, Rule 13a-1 requires issuers to file annual reports, and Rule 13a-13 requires domestic issuers to file quarterly reports

As a result of the foregoing, Respondents failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder.

In view of the allegations made by the Division of Enforcement, the Commission deems it necessary and appropriate for the protection of investors that public administrative proceedings be instituted to determine:

A. Whether the allegations contained in Section II hereof are true and, in connection therewith, to afford the Respondents an opportunity to establish any defenses to such allegations; and,

B. Whether it is necessary and appropriate for the protection of investors to suspend for a period not exceeding twelve months, or revoke the registration of each class of securities registered pursuant to Section 12 of the Exchange Act of the Respondents identified in Section II hereof, and any successor under Exchange Act Rules 12b-2 or 12g-3, and any new corporate names of any Respondents.

IT IS HEREBY ORDERED that a public hearing for the purpose of taking evidence on the questions set forth in Section III hereof shall be convened at a time and place to be fixed, and before an Administrative Law Judge to be designated by further order as provided by Rule 110 of the Commission’s Rules of Practice [17 C.F.R. § 201.110].

IT IS HEREBY FURTHER ORDERED that Respondents shall file an Answer to the allegations contained in this Order within ten (10) days after service of this Order, as provided by Rule 220(b) of the Commission’s Rules of Practice [17 C.F.R. § 201.220(b)].
If Respondents fail to file the directed Answers, or fail to appear at a hearing after being duly notified, the Respondents, and any successor under Exchange Act Rules 12b-2 or 12g-3, and any new corporate names of any Respondents, may be deemed in default and the proceedings may be determined against it upon consideration of this Order, the allegations of which may be deemed to be true as provided by Rules 155(a), 220(f), 221(f), and 310 of the Commission’s Rules of Practice [17 C.F.R. §§ 201.155(a), 201.220(f), 201.221(f), and 201.310].

This Order shall be served forthwith upon Respondents personally or by certified, registered, or Express Mail, or by other means permitted by the Commission Rules of Practice.

IT IS FURTHER ORDERED that the Administrative Law Judge shall issue an initial decision no later than 120 days from the date of service of this Order, pursuant to Rule 360(a)(2) of the Commission’s Rules of Practice [17 C.F.R. § 201.360(a)(2)].
In the absence of an appropriate waiver, no officer or employee of the Commission engaged in the performance of investigative or prosecuting functions in this or any factually related proceeding will be permitted to participate or advise in the decision of this matter, except as witness or counsel in proceedings held pursuant to notice. Since this proceeding is not “rule making” within the meaning of Section 551 of the Administrative Procedure Act, it is not deemed subject to the provisions of Section 553 delaying the effective date of any final Commission action.

By the Commission.
Elizabeth M. Murphy Secretary

[madpirate]

A little buying this week at the ask... Wonder if something may FINALLY happen here...

[Anonymous Nobody]

Might be an interesting shell play here, new mgmt, new location.

Independence Brewing Co.
301 Central Ave.
#384
Hilton Head, SC 29926

* Phone: [phone]
* Fax: [phone]



*
OTC Market Tier
Pink Sheets No Information
*
Primary SIC — Industry Classification
9995 - Non-Operating Establishments
*
Business Stage
Blank Check

*
State Of Incorporation
PA
*
Jurisdiction Of Incorporation
United States
*
Year Of Incorporation
1994

*
Company Officers
John Ryan, President
Wes Holland, Vice President
*
Number of Employees
1 as of Apr 3, 2008

*
SEC Reporting Status
SEC Reporting Company
*
CIK
0001009863
*
Fiscal Year End
12/31

*
Estimated Market Cap
$97,560 as of Nov 14, 2008
*
Outstanding Shares
3,252,000 as of Feb 18, 2007
*
Authorized Shares
19,000,000 as of Feb 18, 2007
*
Float
3,252,000 as of Feb 18, 2007



*
Transfer Agent
Continental Stock Transfer & Trust Company
17 Battery Place
New York, NY 10004

*
Auditor/Accountant
Williams & Webster, P.S.
Bank of America Financial Center
601 W. Riverside Avenue
Suite 1940
Spokane, WA 99201

*
Legal Counsel
Troutman Sanders
Chrysler Building
New York, NY 10021

[madpirate]

Does ayone have a level 2 on this stock TIA!

[Anonymous Nobody]

Waiting for info here.

[fidel]

bid now .04

[fidel]

i cant get no 2c shares!

[madpirate]

Well hopefully we will here something soon!

[fidel]

gotta be something planned change of officers, new address with pinksheets.com. i hear the shell was for sale for 250,000 6 mos ago.

[madpirate]

Has anyone talked to the company any plans for this shell?Thanks!

[fidel]

the football player?

[Anonymous Nobody]

New officers Wes Holland and John Ryan.

[Anonymous Nobody]

NEW INFO

Independence Brewing Co.
301 Central Ave.
#384
Hilton Head, SC 29926

* Phone: [phone]
* Fax: [phone]



*
OTC Market Tier
Pink Sheets No Information
*
Primary SIC — Industry Classification
9995 - Non-Operating Establishments
*
Business Stage
Blank Check

*
State Of Incorporation
PA
*
Jurisdiction Of Incorporation
United States
*
Year Of Incorporation
1994

*
Company Officers
John Ryan, President
Wes Holland, Vice President
*
Number of Employees
1 as of Apr 3, 2008

*
SEC Reporting Status
SEC Reporting Company
*
CIK
0001009863
*
Fiscal Year End
12/31

*
Estimated Market Cap
65,040 as of Aug 22, 2008
*
Outstanding Shares
3,252,000 as of Feb 18, 2007
*
Authorized Shares
19,000,000 as of Feb 18, 2007
*
Float
3,252,000 as of Feb 18, 2007



*
Transfer Agent
Continental Stock Transfer & Trust Company
17 Battery Place
New York, NY 10004

*
Auditor/Accountant
Williams & Webster, P.S.
Bank of America Financial Center
601 W. Riverside Avenue
Suite 1940
Spokane, WA 99201

*
Legal Counsel
Troutman Sanders
Chrysler Building
New York, NY 10021

[Anonymous Nobody]

Important Note: This listing has been cancelled.
Industry
Sector: Finance & Insurance
Industry: Public Shell Companies
Location
Classification: US // Middle Atlantic // Pennsylvania
Relocatable: Yes
Financials
Sales: Not Disclosed
Profits: Not Disclosed
Profit Type: Not Disclosed
Asking Price: Between $100 Thousand and $500 Thousand ($250,000)
Business Summary

Bring your company public right away and gain a vehicle to raise money, make acquisitions, and increase shareholder value! Offering up to 95% ownership in former NASDAQ smallcap shell which now trades on the pink sheets. Company was in the beverage manufacturing business and has an $8,000,000+ NOL tax loss carry forward which should be good for another 11-12 years. Company was fully registered and reporting but is no longer active or reporting. Can be brought back onto bulletin board with 211 filing and buyers 3 yr audits. 851 shareholders of record and majority of lien holders will be cleaned up prior to transaction closing. Respected regional law firm will handle and oversee thansaction. No brokers. IBCO is symbol and websites can be provided where info can be found including past filings which ended in 1999. Dormant since then and therefor no old creditors can not come forward as past statue of limitations (big plus!).

[Anonymous Nobody]

This shell was recently on the market and appears to have been sold.

Therefore, this could be a shell play.

[mAjOr dAmAgE]

0.15 5000 OTO 12:35:53
0.15 5000 OTO 12:31:59
0.15 5000 OTO 02/20
0.18 1000 OTO 02/15
0.15 1000 OTO 02/15
0.10 10000 OTO 02/14
0.10 5000 OTO 02/14
0.10 10000 OTO 02/14
0.10 100 OTO 02/14
0.10 10000 OTO 02/14
0.10 10000 OTO 02/14
0.10 10000 OTO 02/14
0.10 20000 OTO 02/14
0.10 4000 OTO 02/14
0.10 4000 OTO 02/14
0.25 1000 OTO 02/13
0.25 100 OTO 02/12
0.03 10000 OTO 02/12
0.03 20000 OTO 02/11
0.03 5000 OTO 02/08
0.04 5000 OTO 01/31
0.03 20000 OTO 01/31
0.03 20000 OTO 01/31
0.02 5000 OTO 01/03
0.01 500 OTO 12/31
0.02 5000 OTO 12/19
0.02 20000 OTO 12/19
0.005 667 OTO 12/18
0.005 667 OTO 12/18
0.01 10000 OTO 12/

[Lie Bull]

This is the IBCO board.