Hey folks, i hope everyone is having a great day.

To start, IBAC owns 51% of southern hospitality, i'm not certain what the arrangements are financially etc. But that's what Mr. Becker told me.

As to selling, i've not tried to sell at all. I have reviewed the L2 data as best i can at www.freerealtime.com and it's somewhat concerning to me that i see many .0001 and few .0002 But the MM's trade on 5 decimals. So what many folks are seeing may be .0002 buys on their accounts and .0001 sells while the MM's take the slop thats left over (at least that's my opionion of the data i'm seeing.)

I have had some 10 Million shares filled at .0001 using MyTradz.com. You can open an account with them for $200. They seem to be more likely to fill at .0001 than other folks i know of and talk to, in talking with MyTradz they have disclosed to me that they do not have contracts with MM's forcing business through them, Ameritrade or others for example may have to use Nite if they (nite) deal in that security and have a contract with them. The downside to this with MyTradz is that we pay an additional fee for all pinks, i think he said the major exchanges have set fees or something like that.

As to whether ICAN is being manipulated, it's entirely possible, and something that nags at me. It would nag worse had i not gone and seen and stayed in the hotels. I don't understand why this is trading at such pathetic levels. I have to be honest also that i've been scared of a dilution machine, but i've not found any evidence of it as yet. If anyone knows of any SEC form 4 or 5 filings, please point me to them because i've been as on top of this as i can.

I'm trying to save up my posts, lol, take care all.

Well thank you for your concern over my well being, but it's not neccessary. The comment about my retirement was a joke.

What is the comment about buisness having to do with OTC or pinks?? And calling me unintelligent, just plain not nice. You know nothing of me, nor i you.

The relevance of moving from the pinks to the BB is that i believe it will significantly bolster the pps of ICAN. They do have Real Estate which is within their umbrella of operations. The Appraised Value of these 2 establishments once fully operational will possibly be in the 20-30 Million dollar range, i know for a fact that they should have aproximately 4-6 million in equity in the Days Inn. I have no Idea the amount they may have in the Royal Ark, but it too should be substantial. This company should have real value to it. The've not done any work to the memphis property of yet, so i'm assuming they are waiting to move to the OTCBB then selling off some of those shares he's bought back in order to pay for the limited repairs needed.

I've read all your previous posts on this, you don't seem very interested in them, matter of factly you just seem to bash at them. Why? If you have travelled and seen their operations, i think you'd at least take a "wait and see" attitude.

Now, be nice. And nice to meet you.

Not all 12 Billion are Issued to my knowledge. Mr. Hayter supposedly has completed his 500,000 dollar buyback of shares. The last published outstanding i have on record was around 10 Billion. With the 500K buyback, that should have been aprox 2.5 Billion shares at .0002. I'm guessing that the float should be some 8 Billion assuming he's not reselling (which i doubt). I know they have serious intentions to expand their operation to 1000 beds/rooms by the year end i think. To do that they do need the capital. But it's going to have to be capital that is worth something. He has to turn the 500K into real $$ by my estimation.

Furthermore, he's supposedly holding shares prior to the buyback. So, i don't know what to think. But i know they have 2 hotels, buying a 3rd, resteraunts, mortgage thing.... They have real opportunity to make this look nice. They better becuase my retirement is hoping on it, hahaha.

I've done massive amounts of DD on these folks. I've interviewed Gary Becker, have visted the memphis property and the Royal Arkansas hotel. Other than Hayter i've had some meeting with most aspects of this company. I have faith they will get it moved to the OTCBB. As far as AMEX or better, just because you have 12 Billion shares on the market doesn't mean it can't be done, but i have to agree that most shells never make it that far.

Gary Becker does not own any shares of IBAC, he owns 49% of the Southern Hospitality Group. Hayter is/was floating the bill for him to help him establish himself. As i understood it, Hayter is the bigger Money man in the venture. The interesting thing i found in the PR's is that they have or are going to buy a mortgage company that specializes in hotel loans. Hayter made most of his money in Real Estate and Mortgages. I'm adding to my holdings as my budget allows.

If you have questions, i can possibly help. Unfortunately the limited posting will be a nuisance.