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Maybe so, but this stock traditional never "moved" for no reason like other pennies. But if it happens I won't complain! LOL
Green, I disagree. There are no "races" and will be none until Yeung releases news that either the audit is done and revenue is now generated. Contracts would be nice also.
Getting interesting.
That would be nice. We still need news though.
Gedi,the latest trades, BUYS or Sells?
TIA
Slowly volume moving up. 8 million shares already.
Look at the links I posted.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37280276
Correct Green. I thought the LA move was posted about already, that's why I didn't mention it again.
FYI: China offices consolidated with International ADC office: (Yeungs consulting firm)
IBTGI website:
<CHINA:
Chengdu Office:
Room 2607, 26/F, Block 2, Sun Dynasty Buildings,
27 Ren Min Nan Road, Section 4, Chengdu
Sichuan Province, 610041, PRC.
Tel.: 86-28-8602 9750
1898 199 1586
Fax: 86-28-8602 9750>
http://investorshub.advfn.com/boards/board.aspx?board_id=3012
InternaionalADC website:
Chengdu Office
Room 2607, 26/F, Block 2, Sun Dynasty Buildings,
27 Ren Min Nan Road, Section 4, Chengdu,
Sichuan Province PRC 610041
中國 四川省 成都市
人民南路四段27号商鼎国际2号楼1单元2607
郵編: 610041
Tel.: (028) 8602 9750
Fax: (028) 8602 9750
http://internationaladc.com/
INBG 53 Million shares, only TWO MMs left at 0.003.
WOW 53 MIllion volume....
FFF, do you know something that investors don't that may or may not be happening behind closed doors?
Maybe you would like to share?
TIA
142 SHARE TRADE TO START! Are they kidding?!
22,876,876. Shop is closed for the day!
Volume 22,876,876. Shops closed for the day!
Almost 23 million shares traded. Volume looking nice.
Nice to see volume coming in.
Wow, almost 20,000,000 million shares traded.
We need to see volume to make anything happen.
Very valid points "MBANDIT".And "if" that were to happen,the stock would most likely soar with future investors knowing there would be minimal risk of significant dilution.
<If in fact they are going public>
As I said, they said, they do not respond to me, and I am not questioning anyones credibility.
Have a good day!
By the way...Please let me know if you get a similiar response to the "6 month" retooling from IR.I would think you are interested enough to at least e-mail them and try to get a credible response. You can post it on the board.
Thanks!
<163 - nope does not address - MBANDIT was told?>
I know what that is. It's all info taken fron the INBG "I-box" that I posted on there quite a while back. Most info for the comapny and Wuhan has been on here for some time thank you.
<About the Machinery Company:
The Machinery Factory manufactures machinery equipment and production lines for rice and grain processing as well as mineral refining and processing. It also provides turn-key services from designing to the assembly of equipments and production lines. It has been one of the key players in its respective industries for decades in China. For further information on the Machinery Company, please visit http://www.ytwf.comand www.intepower.com.
About International Building Technologies Group, Inc.>
Never slammed you, but based on what you are saying, but you never mixed a name up before? HMMM.
Also, anyone can post the following. What you posted can be taken from anywhere. No credentials in your statement.
<what genuine question(s)? I worked in China 1994-1999 on a continuous basis, bought quite a bit of Chinese equipment - became familar with their manufacturing techniques (good and bad) - very familar with their building construction and participated in several efforts where my team evaluateD>
Canyon,did you read what I said, it was Mbandit or someone who posted it ont he boards...thank you kindly.
<suggest you quit attacking posters who are not slamming other posters, ask genuine questions of this board to long term INBG followers>
Problem is you haven't answered the genuine questions asked of you. So I suggest that you either list your qualificationsin this industry that makes you determine what needs to be done vuia a website picture, or post some due diligence backing your statements and quit attacking posters.
Canyon, then what makes your posting anymore credible then BANDITS? From what I recall him mentioning was that was what IR had told him.Why don't you E-mail IR and see if that's what they say.You may have better luck getting a response than I do! Not sure what background you have that you can know what a company needs by a website picture alone.
<all are small instrument needed breadbox size metal bending. Big metal benders just would not work in the small stuff.
I believe they would need to get the large metal bending equipment (not a big deal, equipment is available in China at fairly low cost), space to install the equipment (not so easy but if INBG lucky, Wuhan plant has space to expand their buildings for raw material storage, manufacturing and then storage of the completed panels), obviously the other equipment to complete the panels>
You seemed to have missed the start of all this. For Yeung to have received approval for the purchase of Wuhan factory from China, he has to have major pull, because I'm sure you know that doesn't come easy out there.If he has that kind of pull, and this product can be a significant upgrade if the event of future earthquakes, I believe someone will step in. That's JMO.
Canyon, it looks like "MBANDIT" addressed the "retooling" part.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37115954
I hope we get to have this problem!
< think bigger problem will be selling the panels - the current sales staff just does not sell to the building market so a new staff would need to be recruited, trained and deployed>
Canyon, how familiar are you with this type of work that you make these statments? How much work would the conversion take?
<The Wuhan facility is setup to produce much smaller equipment and will not be easy to convert>
A good question, but I guess first things first in their eyes, so they have never addressed it to my knowledge, and like I mentioned, IR is very difficult to recieve responses from...at least that has been my experience.
< has INBG indicated how they will market the panels?>
FFF, In regards to:
<VIKING163, you know IR is paid to blow sunshine up shareholders patoots by telling them anything to make them feel good about their investment>
Most cases I would agree with you, but I have to tell you, first off, IR has not gone out of their way to release a PR saying this(no R/S), nor any "Pumping" either. I can attest that this company has been the BIGGEST pain in the butt trying to even get a response from, with any E-mail I send them. There is nothing "Investor friendly" about the IR dept, so why should they care about blowing "sunshine" when they don't even care about responding to Investors in most cases.
***THIS JUST IN*** (From BLOG Postin 4/17/09)
<Friday, April 17, 2009
Okay, one more thing on INBG
***THIS JUST IN*** Emailed IR last night (early noon Taiwan time) as I attempted to put to rest a possible reverse split in the next few months should INBG decides to close its acquisition of WWM. I made it my point that based on the 10K, INBG is in no position to finish the deal, and again, moving the topic back to a reverse split being the key manuver needed in order to make the deal happen - at the shareholders expense. For the record, Mr. Donahoo at IR up to this point has been very upfront and patient with my inquiries, although prompt response does not translate into instant credibility, but at this point, I have no reason not to trust IR. So here's IR's response: Thank you for your emails. I have no knowledge of any plans for a reverse split. Your questions regarding such a split are the only conversations that has come through my office. The company continues to work toward the goals presented in previous PR's.
Thank you It would be great if there won't be a reverse split, that's all it matters to us. Now if company can put what they wrote me in PR, the firework we'll see! On my order, engage stealth mode.
Posted by DL at 3:10 AM 0 comments >
http://dliu1gousc.blogspot.com/
<not every company and not in every 10K>
Maybe not "GE" or any other Big board stock. I would be interested to see a company at the "Pink" level or "OTCBB" level that doesn't list that.I haven't seen one before that didn't say that, so if you could post a link to a 10k for one of these levels that doesn't say that, it would be appreciated.
<just where is the company producing these building panels>
That's the point of the audit, to finalize the deal and begin producing panels at Wuhan.There is nothing being produced as of yet.
And that would mean no further dilution. PPS would go a lot higher.
FFF,PTS has nothing to do with INBG.Secondly, your "wishful" thinking isn't going to have any affect on the company.Regardless of the 10KBS even showing nothing, we will remain at the PPS level. When audit is complete in the next month or so showing the aquisition of the Wuhan factory, we start moving up.If the aquisition doesn't happen,only at that time you will be correct about your "swan song" statement. Until then, you are wrong.
What happened to the good old days when you posted links and not opinions.
Still waiting:
BTW, did you ever find the "answer"
<please post the time of your .0003 transaction. I will get your answer>
Interesting Blog update..
<Tuesday, April 14, 2009
INBG's ongoing fund raising effort in the acquisition of Wuhan Machinery could open the possibility of INBG filing for an IPO in China's Shanghai market or the Shen-Zhen market. Perhaps this was Mr. Yeung's plan all along, just that the order of events is bit unorthodox where INBG should've initially gone public on the Chinese stock exchange before going West - namely the OTCBB two years ago. If this is indeed the master plan, all the more beneficial for the US common shareholders. As for the 10K, judging from what IR have emailed me, with the acquisition of Wuhan Machinery not yet completed, 2008 audit of WM yet to be finished as of second week of April, the contents of the 10K should be pretty vanilla. Accumulations in INBG beside the SGV has been evident. However, from dollar value, buyside volume from past three weeks are IMO - chump change. If management can somehow put a brake on diluting its own stock, anyday now INBG should retest the 0.0007 pivot point. For now, INBG is still considered as our Experiment #2, therefore modest exposure MAX is recommended.
Posted by DL at 8:15 PM 0 comments >
http://dliu1gousc.blogspot.com/
Based on what FFF? <INBG swan song in less than 24 hours. EOM>
BTW, did you ever find the "answer"
<please post the time of your .0003 transaction. I will get your answer>
GOOD LUCK!
Looks like last day allowed will be filing day. April 15th.
Do you mean does "not" go up? If that is what you mean I agree.
26,648,242. Looks like all buys.
Blog about INBG.....$0.10 predicted in blog
Blog About INBG...
<Sunday, April 12, 2009
Views on China
It's been nearly 3 weeks since moving back to Taiwan, during this time, one of my top assignment is to soak up as much economic-related headlines as I can stuff in my little brain plus collecting opinions from local business owners regarding current business condition and outlook. Up til now, I have to say at least in Taiwan, things are not looking too bad. And that's in itself is good news for the Taiwanese as its stock market has been steam-rolling in past month, taking the #1 spot in terms of % gain globally. As we all know, current ruling party in Taiwan has been slowly opening up free trades with Mainland China, and because of this, being back here in Taiwan puts me in the front row seat of all the action. Let me say this (and it's not because of INBG), currently on both sides of the Taiwan Strait, infrastructural plays and construction plays are virtually on fire. Not as a pump, but with real buying conviction from institutional side. This euphoria is mainly supported by most Asian countries perceiving China will lead the world out of the current global recession and emerge as the leading economic power surpassing the United States. Heck, the Chinese even wrote a book about it, which is currently the #1 bestseller in China at the same time, stirring up much controversies in the West. IMO, I don't really give a hoot who's the next superpower, as long as we can take advantage of it.
With this in mind, brings us to INBG, it's ongoing effort in acquiring Wuhan Machinery could in turn become company's biggest asset and holds the trump card in taking this stock over 0.10, yup, you heard it right, 0.10 not 0.01. I've done some preliminary research on Wuhan Machinary, and they are very well-positioned regionally in China's current construction boom. The problem for INBG going forward is facing the pressure of a possible soaring price tag on this company, as it may get a lot pricier as Wuhan Machinery and companies alike are now - en vogue. In reality, if INBG can successful acquire Wuhan Machinary without significantly diluting the current 980mm O/S, then I can definitely see INBG trading well above of 0.10 in matter of days after the final purchase. In the 2nd dimension of this reality, INBG must be aware of Wuhan Machinery fast-rising intrinsic value, the company may make an ambitious decision on closing the acquisition before anyone else makes a bid for it, and in the OTCBB world, that would translate into maxing out on the authorized limit followed by a reverse split. But like we discussed before, a reverse split can be avoided if the # of authorized shares can be increased from the current 1.9B shares, but that's something we have no control over, and is something entirely up to company's willingness to protect its common shareholders and their ability to successful file for an increase of authorized shares. This week, I will begin another round of dialogue with INBG, the goal is to narrow down on the timeline of the final purchase of Wuhan Machinery and if a reverse split can be avoided or it's on the plate eventually, for this, I will ask them for some form of transparency - if not a verbal committment such as "read my lips, no reverse split"! If they can give me an assurance that they don't intend to do a reverse split in the next 6 months, then this is the green light we need to make our entrance. However, if the response is somewhat iffy or wishy-washy, then that means, we can still acquire a modest amount of INBG, but not at full throttle because of the possible threat of a RS. I will report back if I receive a response. All in all, now that I got an indepth glimpse of the market trends in China and Taiwan, I will have to rank INBG ahead of the now would-be China plays such as XHUA (they sell books, come on!), and KWBT (they resell fertilizers and mangement loves to sell into any strength) in terms of the industry they are exposed to. But first things first, we need to know INBG isn't going to pull a EXPT in the next 6 months>
http://dliu1gousc.blogspot.com/