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IBII SEC Suspension for Financials delinquencies:
http://www.sec.gov/litigation/suspensions/2015/34-74371.pdf
Order:
http://www.sec.gov/litigation/suspensions/2015/34-74371-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2015/34-74372.pdf
IBII is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 8 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.
Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.
Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.
IBII is on the list of delinquent filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110680509
I have a question every now and then I pop in here I just saw this stock by accident a while back my question is why should I invest my money in this stock. I like the idea of what they have but can anybody tell me why this would be a good investment Thanks.
April 1, 2014 filing
Section 8—Other Events
ITEM 8.01. Other Events
On March 15, 2014, our subsidiary, IBI Palm Beach, LLC dba Island Breeze Casino (“Island Breeze Casino”), commenced operations from the Port of Palm Beach with a “soft launch”. The grand opening weekend commenced with a private invitation only event on Thursday, March 27, 2014 with normal cruise operations starting Friday March 28, 2014. Island Breeze Casino cruises are generally offered twice daily at 11 am and 6:30 pm from the Port of Palm Beach.
The company’s vessel, the m/v Island Breeze II, features three levels of gaming options: table games including craps, roulette, mini baccarat, and blackjack, plus a sports book, and more than 200 state-of-the-art slot machines. Island Breeze Casino also features a Jamie Gold branded Poker Room, with appearances by the 2006 World Series of Poker Main Event Champion. Day or evening cruises can be purchased for $10 per person, plus buffet dining at $10 on the day cruise, and $15 for the evening cruise. Reservations can be made on www.ibreezecasino.com or by calling 561-410-SHIP (7447). IBI Palm Beach, LLC dba Island Breeze Casino was organized in the State of Florida and maintains its principal place of business at 1 East 11th Street, #500, Riviera Beach, FL 33404 U.S.A.
This stock is about to be GOLD! Boat just hit the waters two weeks ago. Buying in while it's low!
fat might make u one if u ask him
I think in time the audience will grow for this one and we may begin to see some sustained buying
agreed, company has a lot of promise.
lets hope we can bring some awareness to it.
Future looks pretty bright. One thing is for sure that even in tough economic times people spend money on entertainment.
GREAT NEWS...
Island Breeze International, Inc. Enters Into Joint Venture and Investment Agreement
BELLMAWR, NJ, Apr 23, 2010 (MARKETWIRE via COMTEX) -- Island Breeze International, Inc. (OTCBB: IBII), an entertainment cruise development company, announced that it has entered into a joint venture and investment agreement with a private investment group.
Under the terms of the joint venture and investment agreement, Island Breeze International will form a new subsidiary for the purpose of acquiring an existing overnight cruise vessel to operate in East Asia. Further, the investor has committed to make a $600,000 equity investment in the Company and lend up to an additional $14,400,000 to a subsidiary which IBII will organize to facilitate the vessel acquisition and subsequent operations.
Commenting on the joint venture and investment agreement, Bradley T. Prader, the President and CEO of Island Breeze International, stated, "We are pleased to announce the formation of this new joint venture and the related financing. This joint venture will provide the company with the additional financial resources in order to implement its strategy. This agreement is a major milestone towards our goal of establishing the Company's initial operations in East Asia."
The Company also announced that it has entered into a definitive agreement, subject to certain contingencies, to sell the mv Casino Royale, one of two vessels it currently owns. Concerning the sale of this vessel, Bradley T. Prader further commented, "Not only will the sale of the Casino Royale greatly reduce our overall overhead costs, but it also is a major step in implementing our plan of investing in overnight cruise assets that are better suited to operate in the East Asian market as a result of longer anticipated cruise durations."
For more specific information please refer to the Current Report on Form 8-K filed with the Securities and Exchange Commission on April 22, 2010.
AWESOME NEWS:Island Breeze International, Inc. Enters Into Joint Venture and Investment Agreement
Great sign of things to come.
lets try to get this thing going, who else follows us?
we have 6 boardmarks so its not just alian and i.
Been there since a quarter. lol It is a greta new company and when its ships sail the price will also.
Not much time so only watch for now.
Dave
Thanks I posted that earlier on the wave and OTCBB and the sec 8 form of that here. lol did not want to spam. lol just starting and the ask moved to .62 then .78 now. might be able to get some. ,50 as we have not even released this yet.
wee Have the dd package for wednesday.
Dave
nice find. A lil DD.
ISLAND BREEZE INTERNATIONAL, INC. CHANGES ITS TRADING SYMBOL TO “IBII”
MIAMI, FL (December 14, 2009) – Island Breeze International, Inc. (OTC BB: IBII), an entertainment cruise development company, has received approval of the change of its name and its new trading symbol for market trading purposes from FINRA OTC Corporate Actions department. Effective December 14, 2009, Island Breeze International, Inc. will trade under the symbol “IBII”.
Bradley T. Prader, the President and CEO of Island Breeze International, commenting on approval of the name and symbol change stated, “Receiving the approval of our name change and new ticker symbol today was very pleasant news for us. Last week we opened our initial Asian office in Taipei and this week we finally received a ticker symbol that investors can associate with Island Breeze International. We have limited our investor relations program pending our symbol change and this action opens the door for our company going forward.”
So we might see more news now from them?
ABOUT ISLAND BREEZE INTERNATIONAL, INC.
Island Breeze International, Inc. (OTC BB: IBII) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze. The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company’s patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International’s corporate website is www.IslandBreezeInternational.com.
Any speculation on when they will finish the ships renuvations? Maybe Rev's will flow as soon as Q1? Asia (Big China)is such a hot market right now, nice move to open an initial office in Taipei on their part.
Taipei, is the largest city in Taiwan and has served as the de facto capital (provisional capital) of the Republic of China (commonly known as "Taiwan") since the Chinese Civil War in 1949.
http://en.wikipedia.org/wiki/Taipei
Very interesting mike and it is just starting. The ask is .78 next today. Looks to gain some legs here when I email it.
Interesting one Ali!
I'll look at it when I get home
Thank You Steve. what do you think of the IBOX so far????
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): December 14, 2009
ISLAND BREEZE INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware 000-53452 75-3250686
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1001 North America Way, Suite 201
Miami, Florida 33132
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: 305-416-6402
.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01. Other Events
Press Release Announcing Island Breeze International Inc. Changes its Trading Symbol to “IBII”
EXHIBIT INDEX
Exhibit No. Description of Exhibit
99.1 Press Release issued December 14, 2009
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
ISLAND BREEZE INTERANTIONAL, INC.
Date: December 14, 2009 By: /s/ Steven G. Weismann
Steven G. Weismann, Chief Financial Officer
ISLAND BREEZE INTERNATIONAL, INC. CHANGES ITS TRADING SYMBOL TO “IBII”
MIAMI, FL (December 14, 2009) – Island Breeze International, Inc. (OTC BB: IBII), an entertainment cruise development company, has received approval of the change of its name and its new trading symbol for market trading purposes from FINRA OTC Corporate Actions department. Effective December 14, 2009, Island Breeze International, Inc. will trade under the symbol “IBII”.
Bradley T. Prader, the President and CEO of Island Breeze International, commenting on approval of the name and symbol change stated, “Receiving the approval of our name change and new ticker symbol today was very pleasant news for us. Last week we opened our initial Asian office in Taipei and this week we finally received a ticker symbol that investors can associate with Island Breeze International. We have limited our investor relations program pending our symbol change and this action opens the door for our company going forward.”
ABOUT ISLAND BREEZE INTERNATIONAL, INC.
Island Breeze International, Inc. (OTC BB: IBII) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze . The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company’s patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International’s corporate website is www.IslandBreezeInternational.com .
FORWARD LOOKING STATEMENTS
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contact:
Island Breeze International, Inc.
Bradley T. Prader, President & CEO
Steven G. Weismann, CFO
Phone: +1-305-416-6402
Email: info@IslandBreezeInternational.com
I am looking to mod and waiting the name in the mod spot to update here.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ibii
Island Breeze International Inc.
1001 North America Way
Suite 201
Miami, FL 33132
Phone: 305-416-6402
OTC Market Tier
Pink Quote/OTCBB
Primary SIC — Industry Classification
1040 - Gold and Silver Ores
State Of Incorporation
NV
Jurisdiction Of Incorporation
United States
Company Officers
Bradley T. Prader, Chairman, President, CEO
Sean F. McManimon, Dir., COO
Michael C. Hovdestad, Dir., Chief Legal Officer
Craig A. Szabo, Dir.
Thomas L. Schneider, Dir.
Steven G. Weismann, CFO
SEC Reporting Status
SEC Reporting Company
CIK
0001419886
Fiscal Year End
12/31
Company Notes
?Formerly=Goldpoint Resources, Inc. until 12-2009
THE INSIDERS ARE PAYING THIS PRICE AND HIGHER NOW HERE.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ibii
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
Prader Bradley Thomas 2. Issuer Name and Ticker or Trading Symbol
Goldpoint Resources, Inc. [ GPNT ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
1001 NORTH AMERICA WAY, STE 201 3. Date of Earliest Transaction (MM/DD/YYYY)
10/20/2009
(Street)
MIAMI, FL 33125
(City) (State) (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 10/20/2009 P 700 A $0.51 5103858 D
Common 10/21/2009 P 300 A $0.58 5104158 D
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
Prader Bradley Thomas 2. Issuer Name and Ticker or Trading Symbol
ISLAND BREEZE INTERNATIONAL, INC. [ GPNT ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
1001 NORTH AMERICA WAY, STE 201 3. Date of Earliest Transaction (MM/DD/YYYY)
11/13/2009
(Street)
MIAMI, FL 33132
(City) (State) (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 11/13/2009 P 500 A $0.6 5104658 D
Common 11/13/2009 P 300 A $0.65 5104958 D
Common 11/13/2009 P 900 A $0.72 5105858 D
Common 11/16/2009 P 800 A $0.72 5106658 D
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
Prader Bradley Thomas 2. Issuer Name and Ticker or Trading Symbol
ISLAND BREEZE INTERNATIONAL, INC. [ GPNT ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
1001 NORTH AMERICA WAY, STE 201 3. Date of Earliest Transaction (MM/DD/YYYY)
11/20/2009
(Street)
MIAMI, FL 33132
(City) (State) (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 11/20/2009 P 3000 A $0.6 5109658 D
Common 11/20/2009 P 2750 A $0.53 5112408 D
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
HOVDESTAD MICHAEL 2. Issuer Name and Ticker or Trading Symbol
ISLAND BREEZE INTERNATIONAL, INC. [ GPNT ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
Chief Legal Officer
(Last) (First) (Middle)
1001 NORTH AMERICA WAY, SUITE 201 3. Date of Earliest Transaction (MM/DD/YYYY)
11/24/2009
(Street)
MIAMI, FL 33132
(City) (State) (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 11/24/2009 P 500 A $0.52 5103658 D
Common 11/25/2009 P 500 A $0.65 5104158 D
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
WEISMANN STEVEN GLYNN 2. Issuer Name and Ticker or Trading Symbol
ISLAND BREEZE INTERNATIONAL, INC. [ GPNT ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
1001 NORTH AMERICA WAY, SUITE 201 3. Date of Earliest Transaction (MM/DD/YYYY)
12/9/2009
(Street)
MIAMI, FL 33132
(City) (State) (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 12/9/2009 P 4000 A $0.5 4000 D
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
HOVDESTAD MICHAEL 2. Issuer Name and Ticker or Trading Symbol
ISLAND BREEZE INTERNATIONAL, INC. [ GPNT ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
Chief Legal Officer
(Last) (First) (Middle)
1001 NORTH AMERICA WAY, SUITE 201 3. Date of Earliest Transaction (MM/DD/YYYY)
11/17/2009
(Street)
MIAMI, FL 33132
(City) (State) (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 11/17/2009 P 500 A $0.65 5103158 D
Nice clean 10q for the start and float only 38 million for two ships here.
ISLAND BREEZE INTERNATIONAL, INC.
(A Development Stage Enterprise)
Consolidated Balance Sheets
September 30, 2009 December 31, 2008
(Unaudited) (Audited)
ASSETS
Current assets
Cash and cash equivalents $ 83,155 $ 59,016
Prepaid expenses 188,833 5,000
Total current assets 271,988 64,016
Property and equipment - at cost, net of accumulated depreciation 9,409 10,771
Vessel under renovation - m/v Island Breeze (ex Atlantis) 9,730,734 9,522,632
Vessel under renovation - m/s Casino Royale 6,674,121 5,768,665
$ 16,686,252 $ 15,366,084
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable $ 418,431 $ 285,255
Accrued expenses 190,368 40,745
Notes payable 453,755 90,371
Convertible notes payable - 4,849,643
Total Current liabilities 1,062,554 5,266,014
Convertible notes payable - non current - 500,000
Stockholders' equity
Preferred stock, $0.001 par value per share, 1,000,000 authorized and none issued - -
Class A common stock, $0.001 par value per share: 100,000,000 authorized; 23,571,344 and 15,389,500 shares issued and outstanding for September 30, 2009 and December 31, 2008 23,571 15,389
Class B common stock - $0.001 par value per share, 16,110,500 authorized; 16,110,500 shares issued and outstanding for both periods 16,111 16,111
Additional paid-in capital 17,972,298 10,975,897
Accumulated deficit during development stage (2,388,282 ) (1,407,327 )
Total Stockholders' equity 15,623,698 9,600,070
$ 16,686,252 $ 15,366,084
See Notes to Consolidated Financial Statements.
5
--------------------------------------------------------------------------------
ISLAND BREEZE INTERNATIONAL, INC.
(A Development Stage Enterprise)
Consolidated Statements of Operations
(unaudited)
Sept 27,2006
Three Months Ended Nine Months Ended (inception) to
Sept 30, 2009 Sept 30, 2008 Sept 30, 2009 Sept 30, 2008 Sept 30, 2009
Revenue $ - $ - $ - $ - $ -
Cost of Revenue - - - - -
Gross Profit - - - - -
General, selling and administrative expenses 460,749 193,387 967,096 446,784 2,376,726
Operating Loss (460,749 ) (193,387 ) (967,096 ) (446,784 ) (2,376,726 )
Nonoperating income (expense)
Interest income - 691 - 878 1,193
Interest expense (10,301 ) - (13,858 ) - (13,858 )
Net loss $ (471,050 ) $ (192,696 ) $ (980,955 ) $ (445,906 ) $ (2,389,391 )
Net loss per share, basic and diluted $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.01 )
Average number of shares of common stock outstanding 38,751,627 30,000,000 33,444,772 30,000,000
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): September 15, 2009
GOLDPOINT RESOURCES, INC.
(Exact name of registrant as specified in its charter)
Nevada 000-53452 75-3250686
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1001 North America Way, Suite 201
Miami, Florida
33132
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: 305-416-6402
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--------------------------------------------------------------------------------
ITEM 3.03 Material Modifications to Rights of Security Holders.
On September 15, 2009, the Company (which had been a Nevada corporation), merged into a newly formed Delaware corporation, Island Breeze International, Inc (“Island Breeze”)., which survived the Merger, and changed its authorized capital stock to 100,000,000 shares of Class A Common Stock, par value $0.001 per share, 16,110,500 shares of Class B Common Stock, par value $0.001 per share and 1,000,000 shares of preferred stock, par value $0.001 per share .
As a result of the Merger, Goldpoint, our predecessor Nevada Corporation no longer exists, our name has been changed to Island Breeze International Inc., and each outstanding share of Goldpoint’s common stock, $0.001 par value, has been automatically converted into one share of Class A common stock of Island Breeze. Each outstanding stock certificate representing Goldpoint common stock is deemed, without any action by the stockholder to represent the same number of shares of Class A Common Stock of Island Breeze. Shareholders do not need to exchange their stock certificates as a result of the Merger.
Also, as contemplated in the Exchange Agreement, Olympian Cruises, LLC which owns 77.8% of our outstanding common stock will exchange 16,110,500 shares of Class A Common Stock for an identical number of shares of Class B Common Stock, which classes are identical except that the Class B Common Stock has the right to cast 10 votes for each share held of record on all matters submitted to a vote of holders of Common Stock.
The transactions described herein where required under the terms of an Exchange Agreement, the consummation of which resulted in a change in control of the Company on June 12, 2009 and which is described in our Current Report on Form 8-K/A, which was filed with the Securities and Exchange Commission on June 15, 2009.
The Company will be filing the applications that are required to change its trading symbol and cusip number. In the meantime, our common stock can continue to trade, in the ordinary course, on the Over-The-Counter Bulletin Board Electronic Quotation System.
ITEM 5.03 Amendments to Certificate of Incorporation.
The information set forth above under Item 3.03 is hereby incorporated herein by this reference.
2
--------------------------------------------------------------------------------
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Goldpoint Resources, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GOLDPOINT RESOURCES, INC.
Date: September 17, 2009 By: /s/ Steven G. Weismann
Steven G Weismann
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 30, 2009
ISLAND BREEZE INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware 000-53452 75-3250686
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1001 North America Way, Suite 201
Miami, Florida
33132
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: 305-416-6402
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--------------------------------------------------------------------------------
ITEM 8.01. Other Events
Press Release - Island Breeze International, Inc. moves forward with East Asian Plans.
EXHIBIT INDEX
Exhibit No. Description of Exhibit
99.1 Press Release issued October 30, 2009
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
ISLAND BREEZE INTERANTIONAL, INC.
Date: October 30, 2009 By: /s/ Steven G. Weismann
Steven G. Weismann, Chief Financial Officer
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Exhibit 99.1
ISLAND BREEZE INTERNATIONAL, INC. MOVES FORWARD WITH EAST ASIAN PLANS
MIAMI, FL (October 30, 2009) – Island Breeze International, Inc. (OTC BB: GPNT), an entertainment cruise development company, announced that it has moved forward with its plans to establish operations in East Asia. The Company is now in the process of submitting information required to obtain permission from relevant authorities to establish a new entertainment cruise operation from a to be disclosed jurisdiction and port located in East Asia. The Company also announced that it is evaluating potential existing entertainment cruise acquisition opportunities in the East Asian market.
Bradley T. Prader, the President and CEO of Island Breeze International, commenting on the announcement stated, “We are very optimistic about the prospects for the new operation we expect to establish in East Asia. Such an operation would not only offer a great opportunity for the Company to capture market share, but it would also be beneficial to the jurisdiction in which we plan to operate, as we will purchase goods and services locally for the vast majority of our operational needs, not to mention that the Company intends to hire local employees for most of its operational staffing requirements.” Prader further stated, “A potential acquisition of an existing vessel operation is also very attractive as it will provide the Company immediate market share following the closing of such a transaction in this very attractive market. The acquisition expansion option is being reviewed and, depending on the availability of financing, we expect to pursue the most attractive opportunities.”
The Company has also recently made application to FINRA to request its symbol be changed to more properly reflect its name.
ABOUT ISLAND BREEZE INTERNATIONAL, INC.
Island Breeze International, Inc. (OTC BB: GPNT) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze . The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company’s patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International’s corporate website is www.IslandBreezeInternational.com .
FORWARD LOOKING STATEMENTS
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contact:
Island Breeze International, Inc.
Bradley T. Prader, President & CEO
Steven G. Weismann, CFO
Phone: +1-305-416-6402
Email: info@IslandBreezeInternational.com
Island Breeze International, Inc. Establishes Initial East Asian Office in Taiwan
MIAMI, FL, Dec 11, 2009 (MARKETWIRE via COMTEX) -- Island Breeze International, Inc. (OTCBB: GPNT), an entertainment cruise development company, has established its initial East Asian office in Taipei, Taiwan for the Company's East Asia operations.
Bradley T. Prader, the President and CEO of Island Breeze International, commenting on the announcement stated, "Opening the Taiwan office is designed to assist us in launching our East Asian operations. The office in Taipei enables us to commence engaging experienced personnel who will support our efforts to set up our operations."
ABOUT ISLAND BREEZE INTERNATIONAL, INC.
Island Breeze International, Inc. (OTCBB: GPNT) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze. The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company's patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International's corporate website is www.IslandBreezeInternational.com.
FORWARD-LOOKING STATEMENTS
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contact:
Island Breeze International, Inc.
Bradley T. Prader
President & CEO
Steven G. Weismann
CFO
Phone: +1-305-416-6402
Email: info@islandbreezeinternational.com
SOURCE: Island Breeze International, Inc.
CONTACT: mailto:info@islandbreezeinternational.com
Copyright 2009 Marketwire, Inc., All rights reserved.
-0-
Island Breeze International, Inc. Moves Forward With East Asian Plans
MIAMI, FL, Nov 02, 2009 (MARKETWIRE via COMTEX) -- Island Breeze International, Inc. (OTCBB: GPNT), an entertainment cruise development company, announced that it has moved forward with its plans to establish operations in East Asia. The Company is now in the process of submitting information required to obtain permission from relevant authorities to establish a new entertainment cruise operation from a to be disclosed jurisdiction and port located in East Asia. The Company also announced that it is evaluating potential existing entertainment cruise acquisition opportunities in the East Asian market.
Bradley T. Prader, the President and CEO of Island Breeze International, commenting on the announcement, stated, "We are very optimistic about the prospects for the new operation we expect to establish in East Asia. Such an operation would not only offer a great opportunity for the Company to capture market share, but it would also be beneficial to the jurisdiction in which we plan to operate, as we will purchase goods and services locally for the vast majority of our operational needs, not to mention that the Company intends to hire local employees for most of its operational staffing requirements." Prader further stated, "A potential acquisition of an existing vessel operation is also very attractive as it will provide the Company immediate market share following the closing of such a transaction in this very attractive market. The acquisition expansion option is being reviewed and, depending on the availability of financing, we expect to pursue the most attractive opportunities."
The Company has also recently made application to FINRA to request its symbol be changed to more properly reflect its name.
ABOUT ISLAND BREEZE INTERNATIONAL, INC.
Island Breeze International, Inc. (OTCBB: GPNT) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze. The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company's patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International's corporate website is www.IslandBreezeInternational.com.
FORWARD-LOOKING STATEMENTS
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contact:
Island Breeze International, Inc.
Bradley T. Prader, President & CEO
Steven G. Weismann, CFO
Phone: +1-305-416-6402
Email: info@IslandBreezeInternational.com
SOURCE: Island Breeze International, Inc.
CONTACT: mailto:info@IslandBreezeInternational.com
Copyright 2009 Marketwire, Inc., All rights reserve
Some Basic GPNT DD
GPNT.OB Island Breeze International Inc Due Dilligence
Island Breeze International Is a Subsiiary of GoldPoint Resources, Inc. , GoldPoint has plans to effect a name change to reflect their New Buisness Model as Outlined in the Press Release Below.
In connection with the closing of the share exchange new directors and officers of the Company were appointed. GoldPoint will take steps to change its name to Island Breeze International, Inc. For more specific information please refer to the Current Report on Form 8-K which will be filed with the Securities and Exchange Commission on or before June 18, 2009.
http://finance.yahoo.com/news/GoldPoint-Resources-Inc-iw-1219856270.html?x=0
June 18th 8-K/A States
As of June 12, 2009, Olympian, a Delaware limited liability company, acquired control of our company (Goldpoint) and we expect to become a Delaware corporation and change our name to Island Breeze International, Inc. As of such date, Goldpoint issued an aggregate of approximately 30,000,000 shares of its common stock (or approximately 80.3% of its outstanding common stock then outstanding) to Olympian. We subsequently issued 5,666,795 shares (14.9% of outstanding) of our common stock in satisfaction of the Catino Convertible Notes and 300,049 shares (0.8% of outstanding) in satisfaction of the Investor Notes.
In return for such issuances of shares, Goldpoint received all of the outstanding shares of capital stock of IBI, a privately held exempt Cayman Islands company. Thus, IBI became Goldpoint's wholly-owned subsidiary and the business of the subsidiary constitutes Goldpoint's only operations.
http://biz.yahoo.com/e/090618/gpnt.ob8-k_a.html
Island Breeze International Inc Website
http://www.islandbreezeinternational.com/
GPNT.OB is currently Incorporated In Nevada and the Information on File can be accessed at the Nevada SOS.
Since Island Breeze International intends to become a Deleware Corporation soon, My research Indicates that Island Breeze is quite Punctual on their projected events and we will soon see Material information to the effect of the New Incorporation.
Island Breeze International Inc "GPNT.OB" Company Officers are
Bradley T. Prader
President, Chief Executive Officer & Chairman
Sean F. McManimon
Chief Operating Officer & Director
Michael C. Hovdestad Esq.
Chief Legal Officer, Secretary & Director
Steven G. Weismann
Chief Financial Officer
Captain Thomas L. Schneider
Executive Vice President of Maritime Operations & Director
Island Breeze International Inc "GPNT.OB" Address of Buisness is
1001 North American Way
Suite 201
Miami, FL 33132
I will update this Info as New Data becomes Available.
The Outstanding Shares although not stated in actual terms can be derived at from the 8-K/A listed above
It states that 5,666,795 shares is (14.9% of outstanding) of their common stock
30,000,000 shares of its common stock (or approximately 80.3% of its outstanding common stock then outstanding) KEYWORD HERE
and 300,049 shares (0.8% of outstanding) in satisfaction of the Investor Notes.
Not as an Exact Number but this Equates to roughly 36 Million Shares OutStanding..Just in the above issues
The Nevada SOS has Listed 50 Million Authorized Shares? KEYWORD refernced above comes into play here
These numbers are based on Current information Available and are Subject to and are Likely to Change
Geez I made assistant Mod !! :) Blushing Here .
GPNT.OB - GOLDPONT RES INC - trade time: 7/2/2009, 2:42pm ::: (Yahoo quotes :: 20 minute delay) Calc Fibs Pivots
Last Trade: 0.35
Change: -0.06 ("-14.63%")
Previous Close: 0.41
Open: 0.4
Day's Range: 0.25-0.4
52wk Range: 0.00 - 0.00
Volume: 35300
Market Cap: 13.1M
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Island Breeze International, Inc. (OTC BB: GPNT)
is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently have a capacity of approximately 1,200 passengers and will offer the Company’s patrons a full entertainment experience. Upon completion of the buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. The company has recently made application to have its symbol changed to more properly reflect the Company’s name. owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze.The m/v Casino Royale is 430 feet (132 meters) in length, while the m/vIsland Breeze is 410 feet (126 meters) in length. Each vessel is anticipated tointended renovations, the shipboard entertainment venues on the m/v CasinoRoyale will include a 100 seat full service gourmet restaurant, a 300 seatentertainment deck, while the m/v Island Breeze will offer a 100 seat full
Business Strategy
The Company intends to operate round trip entertainment cruises that will offer its customers a full entertainment experience including: a robust dining experience with multiple venues including a buffet restaurant and a gourmet a la carte restaurant; a sports bar; a VIP lounge; a casino with table games and slot machines; and entertainment venues for live performances such as shows, concerts, and revues. The Company expects to initiate a comprehensive marketing program aimed at establishing Island Breeze International’s cruise ships as a premier entertainment destination for residents, business travelers, tour groups, and leisure travelers. The Company will attempt to create and encourage new and repeat visitation from its target market. Island Breeze International expects its marketing program to include: the implementation of a customer profiling system; a direct mail program; print media, electronic media, broadcast and outdoor media advertising; event marketing; a busing program; public relations efforts (including an emphasis on consumer and trade markets); direct sales to meeting and convention decision makers; sponsorship at events and conventions; a corporate website; a premium member club; automated sales kiosks and entertainment package programs
Latest News
Island Breeze International, Inc. Changes Its Trading Symbol to "IBII"
MIAMI, FL, Dec 14, 2009 (MARKETWIRE via COMTEX) -- Island Breeze International, Inc. (OTCBB: IBII), an entertainment cruise development company, has received approval of the change of its name and its new trading symbol for market trading purposes from FINRA OTC Corporate Actions department. Effective December 14, 2009, Island Breeze International, Inc. will trade under the symbol "IBII."
Bradley T. Prader, the President and CEO of Island Breeze International, commenting on approval of the name and symbol change stated, "Receiving the approval of our name change and new ticker symbol today was very pleasant news for us. Last week we opened our initial Asian office in Taipei and this week we finally received a ticker symbol that investors can associate with Island Breeze International. We have limited our investor relations program pending our symbol change and this action opens the door for our company going forward."
ABOUT ISLAND BREEZE INTERNATIONAL, INC.
Island Breeze International, Inc. (OTCBB: IBII) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze. The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company's patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International's corporate website is www.IslandBreezeInternational.com.
FORWARD-LOOKING STATEMENTS
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contact:
Island Breeze International, Inc.
Bradley T. Prader
President & CEO
Steven G. Weismann
CFO
Phone: 305-416-6402
Email: info@IslandBreezeInternational.com
SOURCE: Island Breeze International, Inc.
CONTACT: mailto:info@IslandBreezeInternational.com
Copyright 2009 Marketwire, Inc., All rights reserved.
-0-
Island Breeze International, Inc. Establishes Initial East Asian Office in Taiwan
MIAMI, FL, Dec 11, 2009 (MARKETWIRE via COMTEX) -- Island Breeze International, Inc. (OTCBB: GPNT), an entertainment cruise development company, has established its initial East Asian office in Taipei, Taiwan for the Company's East Asia operations.
Bradley T. Prader, the President and CEO of Island Breeze International, commenting on the announcement stated, "Opening the Taiwan office is designed to assist us in launching our East Asian operations. The office in Taipei enables us to commence engaging experienced personnel who will support our efforts to set up our operations."
ABOUT ISLAND BREEZE INTERNATIONAL, INC.
Island Breeze International, Inc. (OTCBB: GPNT) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze. The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company's patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International's corporate website is www.IslandBreezeInternational.com.
FORWARD-LOOKING STATEMENTS
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contact: Island Breeze International, Inc. Bradley T. Prader President & CEO Steven G. Weismann CFO Phone: +1-305-416-6402 Email: info@islandbreezeinternational.com
SOURCE: Island Breeze International, Inc.
CONTACT: mailto:info@islandbreezeinternational.com Copyright 2009 Marketwire, Inc., All rights reserved.
Island Breeze International, Inc. Moves Forward With East Asian Plans
MIAMI, FL, Nov 02, 2009 (MARKETWIRE via COMTEX) -- Island Breeze International, Inc. (OTCBB: GPNT), an entertainment cruise development company, announced that it has moved forward with its plans to establish operations in East Asia. The Company is now in the process of submitting information required to obtain permission from relevant authorities to establish a new entertainment cruise operation from a to be disclosed jurisdiction and port located in East Asia. The Company also announced that it is evaluating potential existing entertainment cruise acquisition opportunities in the East Asian market.
Bradley T. Prader, the President and CEO of Island Breeze International, commenting on the announcement, stated, "We are very optimistic about the prospects for the new operation we expect to establish in East Asia. Such an operation would not only offer a great opportunity for the Company to capture market share, but it would also be beneficial to the jurisdiction in which we plan to operate, as we will purchase goods and services locally for the vast majority of our operational needs, not to mention that the Company intends to hire local employees for most of its operational staffing requirements." Prader further stated, "A potential acquisition of an existing vessel operation is also very attractive as it will provide the Company immediate market share following the closing of such a transaction in this very attractive market. The acquisition expansion option is being reviewed and, depending on the availability of financing, we expect to pursue the most attractive opportunities."
The Company has also recently made application to FINRA to request its symbol be changed to more properly reflect its name.
ABOUT ISLAND BREEZE INTERNATIONAL, INC.
Island Breeze International, Inc. (OTCBB: GPNT) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze. The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company's patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International's corporate website is www.IslandBreezeInternational.com.
FORWARD-LOOKING STATEMENTS
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contact: Island Breeze International, Inc. Bradley T. Prader, President & CEO Steven G. Weismann, CFO Phone: +1-305-416-6402 Email: info@IslandBreezeInternational.com
SOURCE: Island Breeze International, Inc.CONTACT: mailto:info@IslandBreezeInternational.com
Copyright 2009 Marketwire, Inc., All rights reserved Latest Chart
Latest Financials as of 09/30/2009
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(A Development Stage Enterprise) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidated Balance Sheets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2009 | December 31, 2008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(Unaudited) | (Audited) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ASSETS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents | $ | 83,155 | $ | 59,016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Prepaid expenses Latest Financials as of 09/30/2009
| 188,833 | 5,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total current assets | 271,988 | 64,016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property and equipment - at cost, net of accumulated depreciation | 9,409 | 10,771 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Vessel under renovation - m/v Island Breeze (ex Atlantis) | 9,730,734 | 9,522,632 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Vessel under renovation - m/s Casino Royale | 6,674,121 | 5,768,665 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
$ | 16,686,252 | $ | 15,366,084 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
LIABILITIES AND STOCKHOLDERS' EQUITY | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Current Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accounts payable | $ | 418,431 | $ | 285,255 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued expenses | 190,368 | 40,745 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes payable | 453,755 | 90,371 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible notes payable | - | 4,849,643 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Current liabilities | 1,062,554 | 5,266,014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Convertible notes payable - non current | - | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Preferred stock, $0.001 par value per share, 1,000,000 authorized and none issued | - | - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A common stock, $0.001 par value per share: 100,000,000 authorized; 23,571,344 and 15,389,500 shares issued and outstanding for September 30, 2009 and December 31, 2008 | 23,571 | 15,389 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B common stock - $0.001 par value per share, 16,110,500 authorized; 16,110,500 shares issued and outstanding for both periods | 16,111 | 16,111 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Additional paid-in capital | 17,972,298 | 10,975,897 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accumulated deficit during development stage | (2,388,282 | ) | (1,407,327 | ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Stockholders' equity | 15,623,698 | 9,600,070 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
$ | 16,686,252 | $ | 15,366,084 |
Latest Share Structure 09/30/2009
(A Development Stage Enterprise) | ||||||||||||||||||||||||||||
Consolidated Statement of Changes in Stockholders' Equity | ||||||||||||||||||||||||||||
(unaudited) | ||||||||||||||||||||||||||||
Accumulated | ||||||||||||||||||||||||||||
Deficit | ||||||||||||||||||||||||||||
Common Stock | Additional | During | ||||||||||||||||||||||||||
Shares | Amounts | Paid-In | Development | |||||||||||||||||||||||||
Class A | Class B | Class A | Class B | Capital | Stage | Total | ||||||||||||||||||||||
September 27, 2006 (Inception) | 13,889,500 | 16,111,500 | $ | 13,889 | $ | 16,111 | $ | (30,000 | ) | $ | - | $ | - | |||||||||||||||
Recapitalization of shares of Company prior to reverse merger | 3,500,000 | - | 3,500 | - | (3,500 | ) | - | - | ||||||||||||||||||||
Cancelled officer shares | (2,000,000 | ) | - | (2,000 | ) | - | 2,000 | - | - | |||||||||||||||||||
Additional cash contributions to equity | - | - | - | - | 5,003,926 | - | 5,003,926 | |||||||||||||||||||||
Net loss | (172,009 | ) | (172,009 | ) | ||||||||||||||||||||||||
Balance, December 31, 2006 | 15,389,500 | 16,111,500 | 15,389 | 16,111 | 4,972,426 | (172,009 | ) | 4,831,917 | ||||||||||||||||||||
Additional cash contributions to equity | - | - | - | - | 4,970,795 | - | 4,970,795 | |||||||||||||||||||||
Net loss | (616,907 | ) | (616,907 | ) | ||||||||||||||||||||||||
Balance, December 31, 2007 | 15,389,500 | 16,111,500 | 15,389 | 16,111 | 9,943,221 | (788,916 | ) | 9,185,805 | ||||||||||||||||||||
Additional cash contributions to equity | - | - | - | - | 1,032,676 | - | 1,032,676 | |||||||||||||||||||||
Net loss | (618,411 | ) | (618,411 | ) | ||||||||||||||||||||||||
Balance, December 31, 2008 | 15,389,500 | 16,111,500 | 15,389 | 16,111 | 10,975,897 | (1,407,327 | ) | 9,600,070 | ||||||||||||||||||||
Note issued for cancelled officer shares | - | - | - | - | (170,000 | ) | - | (170,000 | ) | |||||||||||||||||||
Shares issued for convertible notes payable at $ 1.00 per share | 5,566,795 | - | 5,567 | - | 5,561,228 | - | 5,566,795 | |||||||||||||||||||||
Shares issued for convertible notes payable at $ 0.50 per share | 300,049 | - | 300 | - | 149,725 | - | 150,025 | |||||||||||||||||||||
Shares issued for convertible notes payable at $ 0.28 per share | 600,000 | - | 600 | - | 169,400 | - | 170,000 | |||||||||||||||||||||
Shares issued for services | 820,000 | - | 820 | - | 251,680 | - | 252,500 | |||||||||||||||||||||
Shares issued for cash | 895,000 | - | 895 | - | 446,605 | - | 447,500 | |||||||||||||||||||||
Additional cash contributions to capital | - | - | - | - | 587,763 | - | 587,763 | |||||||||||||||||||||
Net loss | (980,955 | ) | (980,955 | ) | ||||||||||||||||||||||||
Balance, September 30, 2009 | 23,571,344 | 16,111,500 | $ | 23,571 | $ | 16,111 | $ | 17,972,298 | $ | (2,388,282 | ) | $ | 15,623,698 |
ISLAND BREEZE INTERNATIONAL, INC. | ||||||||||||||||||||
(A Development Stage Enterprise) | ||||||||||||||||||||
Consolidated Statements of Operations | ||||||||||||||||||||
(unaudited) | ||||||||||||||||||||
Sept 27,2006 | ||||||||||||||||||||
Three Months Ended | Nine Months Ended | (inception) to | ||||||||||||||||||
Sept 30, 2009 | Sept 30, 2008 | Sept 30, 2009 | Sept 30, 2008 | Sept 30, 2009 | ||||||||||||||||
Revenue | $ | - | $ | - | $ | - | $ | - | $ | - | ||||||||||
Cost of Revenue | - | - | - | - | - | |||||||||||||||
Gross Profit | - | - | - | - | - | |||||||||||||||
General, selling and administrative expenses | 460,749 | 193,387 | 967,096 | 446,784 | 2,376,726 | |||||||||||||||
Operating Loss | (460,749 | ) | (193,387 | ) | (967,096 | ) | (446,784 | ) | (2,376,726 | ) | ||||||||||
Nonoperating income (expense) | ||||||||||||||||||||
Interest income | - | 691 | - | 878 | 1,193 | |||||||||||||||
Interest expense | (10,301 | ) | - | (13,858 | ) | - | (13,858 | ) | ||||||||||||
Net loss | $ | (471,050 | ) | $ | (192,696 | ) | $ | (980,955 | ) | $ | (445,906 | ) | $ | (2,389,391 | ) | |||||
Net loss per share, basic and diluted | $ | (0.01 | ) | $ | (0.01 | ) | $ | (0.03 | ) | $ | (0.01 | ) | ||||||||
Average number of shares of common stock outstanding | 38,751,627 | 30,000,000 | 33,444,772 | 30,000,000 |
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