Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
To IBC Management and whom ever want to read this!
Does any of this sound familiar?
Microcap Stock: A Guide for Investors
Caution: By law, the reports that companies file with the SEC must be truthful and complete, presenting the facts investors find important in making decisions to buy, hold, or sell a security. But the SEC cannot guarantee the accuracy of the reports companies file. Some dishonest companies break the law and file false reports. Every year, the SEC brings enforcement actions against companies who've "cooked their books" or failed to provide important information to investors. Read SEC filings — and all other information — with a questioning and critical mind.
Questionable Press Releases Fraudsters often issue press releases that contain exaggerations or lies about the microcap company's sales, acquisitions, revenue projections, or new products or services. These fraudulent press releases are then disseminated through legitimate financial news portals on the Internet.
Assets Are Large But Revenues Are Small Microcap companies sometimes assign high values on their financial statements to assets that have nothing to do with their business. Find out whether there's a valid explanation for low revenues, especially when the company claims to have large assets.
· Unusual Auditing Issues Be wary when a company's auditors have refused to certify the company's financial statements or if they've stated that the company may not have enough money to continue operating. Also question any change of accountants.
· Insiders Own Large Amounts of the Stock In many microcap fraud cases — especially "pump and dump" schemes — the company's officers and promoters own significant amounts of the stock. When one person or group controls most of the stock, they can more easily manipulate the stock's price at your expense. You can ask your broker or the company whether one person or group controls most of the company's stock, but if the company is the subject of a scam, you may not get an honest answer.
I second that lol
interesting comments. That is what Gary Howel told me without naming the company obviousely. He mentioned they were being checked and inspection was going on that week I called him two weeks ago. West by the way was very illusive in talking about this deal or aqusition. But I remeber correctly back in late May he told me and other sources very reliable sources t.hat they were working on a deal with a company that does exatly what you described with TRT. Fron doing the negotiations, to production to moving the product.
early March I spoke to Howel specificaly about TWIN RIVER DEAL and aspect of the deal, we spoke in length in short it was by his words very crucial deal but it was a long term distance prospect , maybe things developed since and are moving ahead a deal with them.
The company contention was always that it takes time to put a deal together, and a lot of red tape in the way that it takes time to close down on contracts.
I am most interested at this junction that they have the derivatives and ive always said this could be the holy grail if they where inspected and the company that has interest sees a future with what IBC intellectual property with regards to ethonel then we all going to be doing well.
gl
Road worrier I cannot contact them anymore per legal advise!
For whatever its worth they told others besides myself same thing, which can be construted as insider information so they may be holding back at this point.
The company can be as well BS'ing shareholders because myself and others where told june, and then july and story goes on and on at this point I gave up talking to anyone at that office so like you and many others waiting to hear what they going to put out explaining there 3 months plus lack of information, maybe they are working on a bid deal again atr this point its fruitless to guess or go by what they say!
I have issues with the company dumping and diluting not informing the public investors of there intentions and when you reach them they tell you hunky dory all okay working on closing deals. It is a catch 22 they either scammed all of us or they diluting to stay in business and close on deals in the works as they said in the past in both PR'S AND by conversation.
gl
congratulations, I know this is old info I just put it out to remind every one before they release there financials the variance in the float and O/S from what they reported last!
now that I know and can say and do!!
Hummer Time
Estimated Market Cap
147,758.4 as of Aug 9, 2007
Outstanding Shares
82,088,000 as of Dec 31, 2006
Authorized Shares
200,000,000 as of Dec 31, 2006
Number of Share Holders of Record
2,000 as of Dec 31, 2006
Float
30,000,000 as of Dec 31, 2006
I snaired an occtupuse today no sail fish, geesh was thinking about dumping another 5gs in this but flushing a wood cock is a straight up shot if you know what I mean lol
I don't have L2 where I am Im offshore doing sailfish hooking now im in the cabin writing back to you guys. So the ones that posted MM positions explains there games with a small sell as someone posted @ .0012 still I say its a healthy pause and that is part of what will happen every inch we move up, been around many years trading so im used to all type of moves you ever thought off. On pink stocks all the rules are out of the door.
Till we get real news MM will walk it up down as much as they like, they made money on the high ask and then dropped the ask from under your feet!! classic
Hummer time
I don't mind seeing a pause in price we had solid up last few days. This is a healthy pause who ever wants in will buy at premium prices!
hummer time
it is true flippers are in it for little change 50 to 100 dollars trade it buys them milk and butter for the week lol maybe a bagle too ;)
The real Titan did you and your group flip? I think so lol once a flipper twice a flipper, its okay you have to buy at higher price no problem!!
yea you are right on over reacted, didnt check the posters find, My initial request was if someone can post any info on the company. So when I looked at it afterwords after I made my posts I realized it was the wrong company. I could have deleted my posts But i didn't!
Thanks for your concern
Hummer Time
Hey Bull you are a decent man I hope you make out good on this, and utilize your profits on buying all the major states and municipalities across the region! I saw your portfolio impressive you started from scratch and here you are building a gold mine! Good luck with that investment!
always
Hummer time!!
seems you dont pay attention MCT88, Let me help you understand. I was not the one that posted about the company information, it was the other poster.
please get your facts straight before you post!
where do you people come from
????
pay attention
why would west say they baught them out lol West I got you bad dude!! more gravy to the law suit!!
dont make sense ant knee , wow this is nail in the coffin
hummmmmmm discovered another hole in the sinking ship yes lets plaster it for now, will not forget huge added evidence of scam and coruption lol this is way funny IBTY owning ADVANCE BIOSIENCE LABORATORIES.
HOW COULD THEY SAY THEY BAUGHT THEM OUT, THAT COMPANY WORTH MILLIONS the plot thickens lol
This is just a major bluff by IBTY there is no way on earth they own this company located in Maryland no wayyyyyyyyyyyyyyyyy
Address Orders to:
Advanced BioScience Laboratories, Inc.
ATTN: Customer Service
5510 Nicholson Lane
Building “A”
Kensington, Maryland 20895-1078
Phone Orders:
Local: (301) 816-5200
Toll Free: (800) 225-5600
Fax: (301) 816-5438
e-mail: ablproducts@ablinc.com
Conditions of Sale:
That is very interesting, now lets take it step further are you saying this company is owned right out by IBTY??
CALL UP THE COMPANY AND VERIFY VERY VERY INTERESTING GOOD WORK PARTNER BUT LETS DIG MORE!!
Bull looks like you going to be the last mohegan left around waiting till the 1.00 might be a bit too much but again, you never know how its going to spin once this hits .05 range and builds support we will move quickly to the teens!!
One more chance at it is all we ask, wonder if we going to get it!!
ANT KNEE,
Looks like they going to let her run, just we need to make sure we dont trip all over each other when it is time to let go lol!!
gl
Did anyone do research on these company's to see if they really exist? where they private or publicly held company's or they just baught a shell company?
Any one find anything please post on this board.
TIA
Titan you got out early Bro lol
Right on! welcome to flippers world as we move up, but that is fine the earlier they are out the better for the rest of us!!
I did good buying @.0008 and .0009 levels I had a hunch feeling well lets see where this is going to lead!
Gl
bid@.0016
Here are my thoughts, it best be darn good news to have a line up of modbs with clubs if they will I dont care, will they dissapoint us again? will they make it right this time around? will they do the reverse split before or after? lets see they should be announcing there Quarterly report any day now it should be all in there O/S and any plans for reverse split or maybe they just slam us with it a lot of companys refers or mentions previousely that they might do a reverse split.
This company never stated they would do one Publicly , but privately they said most likely there will be one look at the PPS would you unleash good news when you are in subpennies? if they do then they are nothing but a pump and dump scam.
Any company that has future earning and growth potential will not put out news right now with pps at where it is.
Unless MM moves it up and control the swings and day traders and get a lift off in 2-3 peny range I think then would be a good time to sell the news if there is one comming.
love the gradual moves up, we do not want a big swing up, lets see how agressive the MM going to be lining up on the ask! I am sure they loaded and you got to keep close watch on there game, they will dump and sell you back at a higher price they make the market they want too we can be the sheep that floks together heading to the slaughter or the sheep with fangs lol!
gedi up^^^^^^
good thinking Bull and right on!
That is my understanding as well!!
I go on record and say they are aquiring a company , how I know this a good hunch!!
Remind me if I am wrong folks.,
By the way I am no way happy with IBC management I am sill on track to legaly persue justice!
wanna bet?
what company are they buying now?????? million dollar question folks!!
On August 6, 2005 acquired 100% of Advance Bioscience, Inc.'s common stock outstanding in exchange for
10,000,000 shares of the Company's preferred stock. On January 18, 2006 the Company acquired 100% of Advanced
Flavors & Fragrances, Inc's (AFFI) common stock outstanding in exchange for 7,200,095 shares of the Company's preferred
stock. Subsequently AFFI's name was changed to IBC Technologies Corporation. On May 1, 2006 the Company acquired
100% of Bio-Repellant Technologies, Inc.'s common stock outstanding in exchange for 3,865,979 shares of the Company's
common stock. On August 29, 2006 the Company acquired 100% of Advanced Pheromone Technologies, Inc. common stock
outstanding in exchange for 4,642,857 shares of the Company's common stock. The acquisitions were accounted for under
the purchase method of accounting, and consolidated financial statements herein reflect the inclusion of all four of the
subsidiary's results since their respective acquisition dates. All material intercompany accounts and transactions have been
eliminated in consolidation.
Get ready for the spliting headache
those six million shares do not include what I allready have on hand!
GL TO ALL
my last batches .0008 and .0009 6 million plus
never look back lol
Does any one here feels that we will see peny days again? I am bailing at .01 and move to the next thing!!
GL
whats with the spam? I like Amber lol
few billions? lol we are still digesting the two hundered million shares.grrrrrrrr
;)