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If you owned the stock dec 1 then I think the divy shows up in your account on the 16th rather than after the close on the 15th. It does not matter to me I bought on 11/27. Gapping up a little this morning looking forward for 3 days of green.
I think today is the last day to buy in and have the divy show up in your account on the 16th. You can buy all the way up to the close on the 15th but you wont see the divy in your account until 3 days later. IMO we will see accumulation between now and the 15th. I would like to see another press release with another acquistion this week and then A/F on Friday or Monday and form 10 filed next week. This stock is so undervalued IMO we will see .01 or better by Friday.
IBAC Corporation (IBCX.PK) has expanded into the world of fine dining establishments with its Sanibel Restaurant Group and the food & beverage management services sector with its National Hospitality Management Co. The demand for fine dining continues to increase along with the food & beverage management services industry. The company has also expanded into the hospitality industry as a natural fit to the on going business model with its Royal Arkansas Hotel & Suites Unit and The Memphis Airport Hotel & Restaurant.
The Sanibel Restaurant Group operates the Ft Myers Sanibel – Palms Steakhouse in Florida this is an upscale steakhouse featuring top quality steaks and chops along with fine wines.
The National Hospitality Management Co. Holds an exclusive five year lease with the Pine Bluff Convention Center for all food/beverage and catering & concessions for the facility.
The Royal Arkansas Hotel & Suites is a 200 room full service facility with two restaurants a large lounge and 10,000 square feet of banquet space and is connected to the Pine Bluff Convention Center.
The Memphis Airport Hotel & Restaurant is a 128 Room interior corridor hotel located adjacent to the Memphis International Airport with a free standing 5,000 square foot restaurant on the property and is located just two miles from Graceland.
These properties owned as subsidiaries of IBAC Corporation are positioned in their respective markets for above average success as they were critiqued extensively prior to acquisition.
It is in this environment that IBAC has developed its strategy for growth and competition. Through the brand development of its network of subsidiaries, IBAC intends to capitalize on the growing margins existing in the restaurant, food and beverage and hospitality industries.
In order to realize increased profit margins, IBAC is in pursuit of new marketing and brand recognition strategies while expanding our organization into divisions including upscale Steakhouses & Other Theme Restaurants, and horizontally related businesses in order to reduce cost. By forging strategic relationships, and through mergers and acquisitions, IBAC will benefit from the economies of scale and increase profit.
IBAC intends to expand rapidly nationwide by establishing or acquiring upscale restaurants and hotels in top markets. By successfully increasing the brand recognition of its subsidiaries, IBAC will capitalize and expand upon their existing appeal, capturing increased market share in numerous new markets as they are acquired.
Great report, I think it is just a matter of a week or so till people start taking up interest in this company. There is no reason why this is at such a low price, just IMO that losts of people have been burnt on other pennys lately.
Only to hear your words of wisdom. ROTFLMAO!
Yeah right and I'm actually Warren Buffett under the disguise of johncee. LOL
It looks like you and liable are our tag team for today. LOL Do you own any of this stock? If not why are you here to save the world.
If they are waiting to release the A/F to include the gold course and 4th quarter revenue then I would like to see another acquisition. Remember they have 100 million available to purchase real estate. What's the next real estate deal Ed?
Update on audited financials and update on current share structure. IMO will come next week. Hopefully they just release them rather than comment that they are on the way. We don't need any another promise that they are on the way, just RELEASE THEM.
Premarket action already started.
That is the best way to buy real estate is when you have a motivated seller. I used to sell investment property in California and my biggest investors only bought when there was blood on the ground and they could go in and refurbish and manage a mis-managed property.
Thanks, any more thoughts on the possibility there may only be 60 million float?
After my review, I think the only reason this stock is not at .02 to .03 right now is because of the A/F issue. Too many pink sheet investors have been burnt lately by a company touting A/F and has never delivered them. This company scorecard in the past two months is 6 out of 8 promises kept. Hopefully they will come through on the remaining two. When that happens we will see a higher pps than .02 to .03 IMO we will be at .06 to .08. In January if the company can get uplisted, and with more acquisitions we will be off to the races.
Thanks and thanks for the eye candy too!
Has IBAC kept their promises, lets look at it.
Promise #1 - 10/13/06 - The company will be publishing a pre audit Financial Statement by the months end on the company's website, with audited financials to follow soon after.
CHECK - kept promise on 10/23/06 press release.
Promise #2 - Oct 17, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets: IBCX) today announced that it is holding negotiations to acquire a full 18 hole golf course and country club.
CHECK – kept promise on 11/30/06 press release.
Promise #3 - 10/17/06 - The company intends to incorporate/build a number of high end single family homes and condos on the property abutting the golf course, thus creating additional profits from the acquisition while defraying the acquisition cost.
CHECK – kept promise on 12/1/2006 - IBAC Corporation (Pinksheets:IBCX), a Hospitality Holding Company, today announced it will form a yet to be named construction & development division.
The wholly owned subsidiary/division will be charged with all building/development activities pertaining to the recently announced agreement to acquire the Rosswood Country Club. The company intends to build depending on zoning ordinances a combination of high end single family homes, condominiums and time share/vacation villas on the property.
The company based on its initial research has determined that the property could yield as many as 300 to 400 building lots; depending on architectural & engineering planning the exact building area will be determined.
The company intends to approach this project as a major master planned development with unit prices ranging from $250,000 to $500,000 with additional revenues being generated from time share/rental fees along with customary greens fees, banquets, bar and restaurant sales, etc.
Promise #4 – 10/26/06 - -- IBAC Corporation (Pinksheets: IBCX) today announced that its Board of Directors has approved an aggressive business plan to acquire more real estate owned properties, they have authorized a budget of $100 million dollars, (of bank financing for the project), as the board believes that this is the only way the company can achieve its stated goals and objectives.
CHECK – kept promise on 11/30/06 press release, assuming that they used part of the 100 million line of credit to purchase the golf course.
Promise #5 - IBAC Corporation (Pinksheets: IBCX) today announced that it has entered into negotiations to acquire its restaurant operations, the proposed acquisition if accepted, would be to another publicly traded company and include a share distribution (payout) to the IBAC shareholders.
CHECK – kept promise on 10/13/06 - In the past year the company has bought out its minority partner in the Sanibel Restaurant Group and has acquired The Sanibel Steak House in Bonita Springs both properties are now owned by IBAC Corporation 100%, The Company has removed its minority managing partner in the hotels and will attempt to gain the 100% ownership of those properties as well (IBAC Corporation is the majority partner (51%) in the hotels and the sole investor in them).
Promise # 6- 10/21/06 - IBAC Corporation (Pinksheets:IBCX) announced today that it has a final draft of its audited financial statements and after review will release them to the public.
"The company and the shareholders have waited a long time for this moment and we are now very excited that now we will be able to become a fully reporting company and file to move up to the OTCBB." Said Wayne Burmaster President
NOT CHECKED – The company has yet to release the audited financials.
Promise #7 – 11/22/06 - IBAC Corporation (Pinksheets:IBCX) announced today that its Board of Directors has approved an immediate reduction of its Authorized shares from 500 Million to 350 Million.
The company had previously increased its authorized shares to 500 Million in anticipation of certain pending acquisitions that may have required issuance of stock, after the negotiations of these acquisitions the stock will not be required as the acquisitions will be funded from cash flow.
The reduction in authorized shares is in line and includes considerations of the 25% stock dividend, payable to shareholders of record on December 1, 2006, the share dividend will be paid with non restricted (free trading) stock.
CHECK – I have no reason to believe that the dividend will not be paid out on 12/15/06, further it still has not been determined if there has been any change in the authorized shares to date, so I am taking the companys word that there is an actual reduction and no increase.
Promise #8 – 11/28/06 - IBAC Corporation (Pinksheets:IBCX) a Hospitality Holding Company today after the bell announced, that it is in the process of preparing the required form 10, that is necessary for the company's request to trade on the OTCBB.
The company is working on a fast track basis, and expects to file the form 10 very soon, thus giving the company the ability to trade on the OTCBB.
NOT CHECKED – The company has yet to file the form 10.
THE SCORE CARD – Well 6 out of 8 promises kept since October 13th 2006.
Some other interesting things I got out of reviewing the recent press releases are:
2006 revenue $9,500,000 to $10,000,000. Third quarter of $2,942,842.53 if projected for 2007 would give us almose 12 million for 2007 revenue with no other acquisitions, this is still a 23% increase over 2006 revenue.
The company expects a significant increase in revenues for the forth quarter as the company's restaurants in the Florida market will be entering the winter season the busiest time of the year for those operations.
The team will play all its home games at the adjoining Pine Bluff Convention Centers Arena (http://www.pinebluffonline.com/conv/arena.html). The company will also handle all concession sales through its contract with the Pine Bluff Convention Center, as contracted exclusively with IBAC Corporation's National Hospitality Management Services Unit. MORE INCOME FROM CONCESSION SALES.
The company had also previously announced a sale or transaction off of its restaurants in Florida, this proposed deal has not been completed at this time, if said deal is completed the shareholders would also receive an additional form of dividend when completed. This deal is under consideration as the Company is directing its efforts towards becoming a quality 100% real estate owned hospitality property Company.
In the past year the company has bought out its minority partner in the Sanibel Restaurant Group and has acquired The Sanibel Steak House in Bonita Springs both properties are now owned by IBAC Corporation 100%, The Company has removed its minority managing partner in the hotels and will attempt to gain the 100% ownership of those properties as well (IBAC Corporation is the majority partner (51%) in the hotels and the sole investor in them).
Wayne Burmaster, president and chief operating officer, stated that "the growth in all performance areas in 2006 was due to the continued success of our business development efforts in and around the marketplaces we serve. We are pleased with the continued, quality growth and increased earnings of the Company, and remain committed in our efforts to build a quality hospitality organization and increasing shareholder wealth."
It appears to me the company is on it’s way to being a quality 100% real estate owned hospitality property Company.
IBAC – Press releases since 10/13/06
NEW YORK, Oct 13, 2006 (BUSINESS WIRE) -- IBAC Corporation (PINK SHEETS: IBCX) today reported revenues for the third quarter of $2,942,842.53 these revenue figures are based upon internal records and are subject to verification by the company's independent accountants and auditors.
The company will be publishing a pre audit Financial Statement by the months end on the company's website, with audited financials to follow soon after.
The company expects to have revenue of $9,500,000 to $10,000,000 for the calendar year of 2006.
The company expects a significant increase in revenues for the forth quarter as the company's restaurants in the Florida market will be entering the winter season the busiest time of the year for those operations.
NEW YORK, Oct 17, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets: IBCX) today announced that it is holding negotiations to acquire a full 18 hole golf course and country club.
The property's golf course was designed by the world renowned Alfred H. Taft and includes tennis courts, pool, banquet space, restaurant, bar, pro shop with a resident pro. The property encompasses approximately 200 prime acres.
The company intends to incorporate/build a number of high end single family homes and condos on the property abutting the golf course, thus creating additional profits from the acquisition while defraying the acquisition cost.
NEW YORK, Oct 19, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets: IBCX) announced today that it has formed RCC Management Company as a 100% wholly owned subsidiary of IBAC Corporation for the purpose of acquiring the country club & golf course.
The company has successfully negotiated the purchase price of the property and has received contracts for the acquisition, the contracts are currently under review by the company's attorneys and we expect to sign/execute said contracts by weeks end.
NEW YORK, Oct 23, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pink Sheets:IBCX) today announced that it has released the company's Financial Statements on their website, they may be viewed at http://ibaccorp.com/IBACCOMPLETEFINANCIALSSEPT.pdf.
Finally the company would like to report that it is the process of building a new corporate website that will be much more informative and user friendly and that it should be completed within the next 30 days.
NEW YORK, Oct 26, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets: IBCX) today announced that its Board of Directors has approved an aggressive business plan to acquire more real estate owned properties, they have authorized a budget of $100 million dollars, (of bank financing for the project), as the board believes that this is the only way the company can achieve its stated goals and objectives.
NEW YORK, Nov 01, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets: IBCX) today announced that it has entered into a sponsorship/alignment with the new Arkansas Rivercatz (http://www.rivercatz.com) of the American Basketball Association (ABA) (http://abalive.com) team in Pine Bluff, Arkansas.
The Royal Arkansas Hotel & Suites, Inc., a majority owned subsidiary of IBAC Corporation, will be the official hotel of the Arkansas Rivercatz. The team will play all its home games at the adjoining Pine Bluff Convention Centers Arena (http://www.pinebluffonline.com/conv/arena.html). The company will also handle all concession sales through its contract with the Pine Bluff Convention Center, as contracted exclusively with IBAC Corporation's National Hospitality Management Services Unit.
NEW YORK, Nov 02, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets: IBCX) today announced that it has entered into negotiations to acquire its restaurant operations, the proposed acquisition if accepted, would be to another publicly traded company and include a share distribution (payout) to the IBAC shareholders.
The requested acquisition of IBAC assets are the Florida restaurants in Ft. Myers and Bonita Springs, the company even though they consider both these assets as major holdings has agreed to consider the sale if a positive profit is recognized by the company and its shareholders.
NEW YORK, Nov 08, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets: IBCX) announced today that Gerry Becker the company's President & General Manager of the Royal Arkansas Hotel & Suites, Inc. was relieved of his duties with the company in August for cause and actions detrimental to the company's well being.
NEW YORK, Nov 13, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets:IBCX), a hospitality holding company, today announced that the Board of Directors has approved a 25% stock dividend to all common shareholders of record December 1, 2006, and payable December 15, 2006. The action was approved at a board meeting on November 10, 2006, with the effect of adding 25% more shares of IBCX. Edward W Hayter, Chairman & CEO, stated: "The dividend reflects the on-going success of the Company and rewards shareholders for their continued support. We are proud to present our shareholders with this third stock dividend by the Company in its brief two and a half year history."
The Company has previously announced the pending acquisition of a golf & country club property, this transaction is expected to be approved by the selling entity at a special Board of their Directors meeting on November 14, 2006, at that point and time all pertinent information regarding the property and transaction will be released.
The company had also previously announced a sale or transaction off of its restaurants in Florida, this proposed deal has not been completed at this time, if said deal is completed the shareholders would also receive an additional form of dividend when completed. This deal is under consideration as the Company is directing its efforts towards becoming a quality 100% real estate owned hospitality property Company.
In the past year the company has bought out its minority partner in the Sanibel Restaurant Group and has acquired The Sanibel Steak House in Bonita Springs both properties are now owned by IBAC Corporation 100%, The Company has removed its minority managing partner in the hotels and will attempt to gain the 100% ownership of those properties as well (IBAC Corporation is the majority partner (51%) in the hotels and the sole investor in them).
Wayne Burmaster, president and chief operating officer, stated that "the growth in all performance areas in 2006 was due to the continued success of our business development efforts in and around the marketplaces we serve. We are pleased with the continued, quality growth and increased earnings of the Company, and remain committed in our efforts to build a quality hospitality organization and increasing shareholder wealth."
NEW YORK, Nov 21, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets:IBCX) announced today that it has a final draft of its audited financial statements and after review will release them to the public.
"The company and the shareholders have waited a long time for this moment and we are now very excited that now we will be able to become a fully reporting company and file to move up to the OTCBB." Said Wayne Burmaster President
NEW YORK, Nov 22, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets:IBCX) announced today that its Board of Directors has approved an immediate reduction of its Authorized shares from 500 Million to 350 Million.
The company had previously increased its authorized shares to 500 Million in anticipation of certain pending acquisitions that may have required issuance of stock, after the negotiations of these acquisitions the stock will not be required as the acquisitions will be funded from cash flow.
The reduction in authorized shares is in line and includes considerations of the 25% stock dividend, payable to shareholders of record on December 1, 2006, the share dividend will be paid with non restricted (free trading) stock.
NEW YORK, Nov 22, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets:IBCX) a Hospitality Holding Company responds to shareholders regarding today's announced share reduction and the impact on the previously announced dividend.
The 25% free trading share dividend will be given to shareholders of record on December 1, 2006 and paid December 15, 2006. The reduction of authorized shares from 500 Million to 350 Million shares factors in the payment of the dividend.
NEW YORK, Nov 28, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets:IBCX) a Hospitality Holding Company today after the bell announced, that it is in the process of preparing the required form 10, that is necessary for the company's request to trade on the OTCBB.
The company is working on a fast track basis, and expects to file the form 10 very soon, thus giving the company the ability to trade on the OTCBB.
NEW YORK, Nov 30, 2006 (BUSINESS WIRE) -- IBAC Corporation (PINK SHEETS: IBCX) a Hospitality/Resort Holding Company reported that tonight the Board of Rosswood Country Club in Pine Bluff, Arkansas unanimously agreed to sell the historic property to IBAC Corporation. The Property will be a 100% owned subsidiary of IBAC Corporation
The country club & golf course a 72 par/6,908 yards was commissioned by International Paper and built and designed by the world renowned golf course designer Alfred H. Tull and opened in 1961, and includes tennis courts, pool, banquet space, restaurant, bar, pro shop with a resident pro. The property encompasses approximately 200 prime acres. For further information visit: http://www.southcentralgolf.com/Pages/Templates/ ArkPrivDetail.php?recordID=Rosswood%20Country%20Club (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
The company intents to utilize the country club as an added amenity to the hotel it owns The Royal Arkansas Hotel & Suites in Pine Bluff, Arkansas, The company also intends to incorporate/build a number of tasteful high end single family homes and/or condos on the property abutting the golf course while not compromising the courses history or design, thus creating additional profits from the acquisition while defraying the acquisition cost. The company also intends to maintain the current members of the board on an advisory basis; it is the intent of the company to increase membership back to the level that this property has once enjoyed, with the prestige and level of service equal to or beyond its history.
"We are very excited with the Rosswood Country Club Boards approval of this acquisition as it opens a whole new stream of revenue and adds another significant real estate owned property to our portfolio, the number of profit centers involved with this property are extremely exciting, membership fees, wedding receptions, liquor and food sales, catering etc. The company will never compromise the integrity of this world class property, it is only our intent to restore and enhance its position in history. We expect to close and take possession of the property by year's end." said Wayne Burmaster, President IBAC Corporation.
"We are totally committed to the city of Pine Bluff and the community and we will continue to invest in quality properties in Arkansas" added Wayne Burmaster President IBAC Corporation
NEW YORK, Dec 01, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets:IBCX), a Hospitality Holding Company, today announced it will form a yet to be named construction & development division.
The wholly owned subsidiary/division will be charged with all building/development activities pertaining to the recently announced agreement to acquire the Rosswood Country Club. The company intends to build depending on zoning ordinances a combination of high end single family homes, condominiums and time share/vacation villas on the property.
The company based on its initial research has determined that the property could yield as many as 300 to 400 building lots; depending on architectural & engineering planning the exact building area will be determined.
The company intends to approach this project as a major master planned development with unit prices ranging from $250,000 to $500,000 with additional revenues being generated from time share/rental fees along with customary greens fees, banquets, bar and restaurant sales, etc.
"This is a historic world class property and the company indents to develop it as such without compromising the beauty, integrity that it enjoys. We look forward to getting started on this project as soon as possible," said Wayne Burmaster, President.
NEW YORK, Dec 04, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pink Sheets:IBCX), a Hospitality Holding Company, today announced it has entered into two significant sponsorship agreements for its Florida restaurants.
The first agreement for both of the company's Florida restaurants is with the Boston Red Sox; this will be the second year that the company has enjoyed participating in this program. Ft Myers, Florida is home to the Boston Red Sox spring training http://boston.redsox.mlb.com/NASApp/mlb/spring_training/ballpark.jsp? c_id=bos&year=2007 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.), the sponsorship program will include two center field banners 8' X 16', two walkway marquee posters and a full page spread in the teams program guide. The Boston Red Sox spring training facility is sold out always and the company (IBCX) is very pleased to have that exposure.
The second agreement is with the Barbara B Mann Performing Arts Hall, the company has agreed to be the sponsor of the Chita Rivera "The Dancers Life" http://www.bbmannpah.com/performance.php?id=136 show, it will be a full week of exposure of a legendary performer at a world class facility, the company will receive full exposure at all of the performing arts hall events as a sponsor.
"The company as it grows is very appreciative of the opportunities and respect that the community has given, as these opportunities are not handed out easily, we are very happy that we as a company were considered for the opportunity's and are great full for the opportunity to participate and look forward to a most profitable season along with our sponsors'," said Mr. Wayne Burmaster, President of IBAC Corporation
As I stated last evening about promoting posts that have more dd and research. I was up early this morning and decided to disect the most recent pr's to see if the company has been keeping their promises. The next post will be a posting of most of the press releases since Oct 13th, the next after that will be the promises that I found in the companys public statements that have been kept or not kept.
Slow down Mick. I want this stock to rebound just as much as you and everyone else on this board. I don't post much due to time restraints but I do skim the posts to get the jist of what is going on. I'm sure there are many lurkers that look at this board that never post and I believe that there are lots of potential investors waiting in the wings just waiting for confirmation from the company that this is going to fly. I am concerned about your obsessive posting and how lurkers and potential investors view this. It is almost becoming boderline spam. What we need on this board is serious dd. People taking the time to do the research and putting the pieces together so that when potential investors check out this board and lurkers read the dd and opinions they get something that they can make an investing decision on. You are the moderdator of this board and I just think you should reserve your posts to informative information, or responding to someone elses post, but my suggestion and it is only a suggestion is that you try to avoid spamming with 15 posts in a row.
I agree 1918 what is the point. New investors reading the board would be confused.
I would like a copy of the regdex, email me at jcharles172000@yahoo.com
Agreed very strong support at this level. I think those that bought in the sub penny range a month ago and sold at the high .015 to .02 will start getting back in here in the next few days leading up to the 15th. What would be a great tactical move on the companys part is to release the A/F on the 15th after the close. If they have them in their hands it could be part of their strategy to build shareholder value. Then submit the form 10 on monday, would push the pps up to .10
The record date of 12/1 means that they take a snapshot of all shares outstanding as of that date, that is the amount of shares that qualify for the divy. If you sell after that date the divy goes with the shares you sold, if you buy before the close on 12/15 you get the shares that someone else sold with the divy attached.
Only 7 trading days left till the 15th. IMO we will be back up to .014 to .017 by the 15th, with a pr maybe more.
As long as we get a steady increase per day leading up to the 15th. Looking good so far.
.0065 x .007 going up
Looking good, also three alerts so far today:
Stockguru.com
Dallas, Texas, Dec 06, 2006 (M2 PRESSWIRE via COMTEX) -- StockGuru Pre-Market Updates for Wednesday include IBAC Corporation (OTC: IBCX), North-West Oil Group (OTC: NWOG), CyberKey Solutions, Inc. (OTC: CKYS), VSUS Technologies Incorporated (OTC: VSUS), Lithium Technology Corporation (OTC: LTHU), and BroadVision, Inc. (OTC: BVSN)
Stockwire.com
AUSTIN, Dec 06, 2006 (M2 PRESSWIRE via COMTEX) -- A very interesting indicator to look for is where the money is flowing into. We have a filter that we watch every morning that shows us "Dollar Volume". Here are a few of these stocks: IBAC Corporation (OTC: IBCX), North-West Oil Group (OTC: NWOG), CyberKey Solutions, Inc. (OTC: CKYS), VSUS Technologies Incorporated (OTC: VSUS), Lithium Technology Corporation (OTC: LTHU), and BroadVision, Inc. (OTC: BVSN)
RealPennies
Dec 06, 2006 (M2 PRESSWIRE via COMTEX) -- RealPennies.com ALERTS: reporting on dollar volume movers.
IBAC Corporation (OTC: IBCX), North-West Oil Group (OTC: NWOG), CyberKey Solutions, Inc. (OTC: CKYS), VSUS Technologies Incorporated (OTC: VSUS), Lithium Technology Corporation (OTC: LTHU), and BroadVision, Inc. (OTC: BVSN)
To enroll your publicly-traded company in our exclusive public awareness programs, please email getfeatured@realpennies.com or call 1.800.940.6559 .
IBAC Corporation (OTC: IBCX) - Tuesday's shares increased 42.86% to $0.00600 per share with a total of 22,120,242 shares traded. The company announced it has entered into two significant sponsorship agreements for its Florida restaurants. The first agreement for both of the company's Florida restaurants is with the Boston Red Sox; this will be the second year that the company has enjoyed participating in this program. Ft Myers, Florida is home to the Boston Red Sox spring training http://boston.redsox.mlb.com/NASApp/mlb/spring_training/ballpark.jsp? c_id=bos&year=2007 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.), the sponsorship program will include two center field banners 8' X 16', two walkway marquee posters and a full page spread in the teams program guide. The Boston Red Sox spring training facility is sold out always and the company (IBCX) is very pleased to have that exposure. The second agreement is with the Barbara B Mann Performing Arts Hall, the company has agreed to be the sponsor of the Chita Rivera "The Dancers Life" http://www.bbmannpah.com/performance.php?id=136 show, it will be a full week of exposure of a legendary performer at a world class facility, the company will receive full exposure at all of the performing arts hall events as a sponsor. "The company as it grows is very appreciative of the opportunities and respect that the community has given, as these opportunities are not handed out easily, we are very happy that we as a company were considered for the opportunity's and are great full for the opportunity to participate and look forward to a most profitable season along with our sponsors'," said Mr. Wayne Burmaster, President of IBAC Corporation IBAC Corporation is a New York-based holding company operating through its subsidiaries within the Hotel, Food Service & Restaurant industries. IBAC now has operations in Florida, Tennessee & Arkansas. For more information, please visit: www.ibaccorp.com.
22 minutes till the afterhours pr.
.005 x .0055
With a book value of over .03 per share, this is a screaming bargan at 1/2 cent.
.0049 - .005 moving up 19%
I have sent about 15 emails over the past few days, no response. Hopefully they will respond in a pr to answer our questions.
With what, I got into this when the rsi was pushing above 50 thinking it was going to continue. I'm stuck on a few others and will not sell them until they turn around. Nothing to average down with at this point.
I bought at .018 and will not sell at that big of a loss, there are lots of others in my same position. A/F may take some time, I would be happy with a reassurance from the company that they have not increased the share structure.
If you look at it in perspective, IF they do come out with A/F and if they do get uplisted to the otcbb and IF the share count has not been increased then in a month or two we will be looking back at the one cent price tag as being a bargan. Hopefully this will come true. GLTYA
.0048 - .005 ICBX recently had a 700% increase from .002 to .011, when it went from .011 to .02 IMO the first group of investors got out, that is what we have seen in the past 5 days. Now a new group of investors that bought in between .012 and .02 most I would say are holding, some may have sold but the majority are holding. Then we have the thrid group that bought in the past 2 days between .004 and .008. I think the panic selling is over and time to move back up. What we have is a company that has real assets, real revenue and " Audited Financials on their way' and the possibility of an uplisting to the otcbb. What we don't have is a ceo that gets on message boards and chats with investors or one who puts out ceo statements with bad spelling. Anyway I think the panic is over and we go up from here. Come on ED release the financials
At this point I don't give a #$%& about any golf coarse or advertising campaign or that fact that are preparing for the from 10. After loosing over 10k on this in the past week, we need FINANCIALS. Bottom line. I'm sending them emails all night once I get off of work.
Wow come home for lunch and see I'm down 75% on my original investment in this. That Wayne dude better get his act together and do something for the shareholders like release the financials. GRRRRRRRRRR
There is no reason for a halt, it's just the mm's reluctant to raise the bid, they are short on the stock. If nobody is selling they will have to raise the bid. I sent my email to Wayne, told him the divy, golf course, or advertising pr's are not getting it, he needs to release the financials in order for the pps to go back up.