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just wondering how he came up with exactly .50 and with the number of Floats in INBG?
But I guess thats not really important getting into pennyland is a great start..
when you calculate the number of shares times.. .50 cents.
it bring the net worth and market cap. of the company to over $1.5 billon atleast.
net value fhh sino is worth "According to recent appraisal prepared by an accounting firm in accordance with China accounting standards, FHH Sino has net assets worth RMB 370 million (approx. USD 54 million) and will generate annual revenues of RMB 100 million (approx. USD 14 million) after its completion of construction of Phase I and execution of signed rental contracts business in early 2011.".
the figures don't add up with .50 cents.
that is not to say after it lands on the NASDAQ that things might change. That may mean the share structure may change.. but throwing any number like .50 is crazy with nothing to back it up!!
before we get to there I would appreciate .02 or .03 for now..
GLTA
more than likely if the chinese company wants a new ticker it would be easy... and within a short period of time..
its like when INBG Replaces MSEM as Stock Ticker Symbol
they change thier cusip number..
the amount of equity the "merge with FHH Sino by exchanging INBG's common stock with FHH Sino's holding"
is the key to the value of PPS.
I would imagine just the moment the news will hit the wires the increase will begin immediately.. there are many people ready to put more money into this when it happens.
All Eyes On INBG!!!
I'd be very surprised.. But we have all seen the stocks jump 1,400%
in a matter of an hour so anything is possible I guess..
All I can say is we will be looking foward to it.. INBG!!!
GLTA
SAAD I would be happy with .01 but .50 I will buy you house, if that happens.. :) I'll keep my word.. (exception.. rs)of course
last trade@ 100 EXTENDED HOURS:
Last: 0.0004 Change: +0.0001 (+33.33%) Bid: 0.0003 x5,000 Ask: 0.0004 x5,000 Extended Hours:
Real Time Extended Hours Quote Last Trade as of 4:00 PM ET 8/20/10
The .0003's paint job didn't work..
Next week will be interesting..
they are holding on as long as they can.. before the news.
ubs
auto
nite
has already moved on.. to .0004's
VERT AND VFIN IS THE ONLY 3'S LEFT...
INBG - Volume Alert
http://www.chartmoney.com/stockquotes.php/?ticker=inbg
International Building Technologies Group, Inc. is a U.S. public company that is dedicated to providing innovative solutions for the construction of homes, buildings and communities around the world.
INBG - Volume Alert
http://www.chartmoney.com/stockquotes.php/?ticker=inbg
International Building Technologies Group, Inc. is a U.S. public company that is dedicated to providing innovative solutions for the construction of homes, buildings and communities around the world.
INBG VOLUME ALERT!!!!!
INBG - Volume Alert
http://www.chartmoney.com/stockquotes.php/?ticker=inbg
International Building Technologies Group, Inc. is a U.S. public company that is dedicated to providing innovative solutions for the construction of homes, buildings and communities around the world.
INBG #1 volume trading at the moment
International Building Technologies Group Inc. INBG 0.0003 0.00 0.00% 0.0003 0.0003 0.0002 139.60 m
Zevotek Inc. ZVTK 0.001 0.0001 11.11% 0.0009 0.001 0.0008 77.89 m
American Security Resources Corp. ARSC 0.0001 -0.0001 -50.00% 0.0002 0.0002 0.0001 76.36 m
Electric Car Company Inc. ELCR 0.0004 -0.0001 -20.00% 0.0005 0.0005 0.0004 65.52 m
AlphaTrade.com APTD 0.004 -0.0004 -9.09% 0.0046 0.0047 0.0038 27.78 m
Wellstar International Inc. WLSI 0.0001 -0.0001 -50.00% 0.0002 0.0002 0.0001 45.18 m
Artfest International Inc. ARTS 0.0004 -0.0001 -20.00% 0.0005 0.0005 0.0004 20.51 m
El Maniel International Inc. EMLL 0.0008 0.00 0.00% 0.0008 0.0008 0.0007 19.72 m
Cytta Corp. CYCA 0.001 -0.0005 -33.33% 0.0015 0.0015 0.001 15.97 m
Greenshift Corp. NEW GERSD 0.0011 0.0002 22.22% 0.0009 0.0012 0.0009 14.09 m
that was a good deal i'm surprise we are not at 4's ..
Filled at 0.0027.
you meant .00027
and it showed at .0002 buy?
the herd has moved on little elk..
that little birdie told me too.. he said even at .02 you'll be happy!!!
its moving really fast rumors has it that if they announce the news on the weekend the mm's cannot manipulate the the stock the way they've been doing!!!
someone sold .0002 over 7 mill..
right when we have this much volume on 3's doesn't make ??
maybe the mm's got those shares..
Yes that was very well thought out and very organized it will help ease the doubt the potential run of a reverse merger..
you defenitely have my personal mark.
go INBG!!
thank God your a country boy!!!
last trade is at 100..:)
Last two minutes weird..
0.0002 100 OBB 15:58:52
What does this mean to the common stock are they buying back some of these stocks..???
In the next four months..
("Sofame Technologies") (TSX-V:SDW), has reached agreement with certain, identified note holders of Sofame Technologies to settle and convert outstanding, unsecured debentures to common shares. The total value of liabilities under consideration for conversion to equity is currently up to $2,000,000 including $1,525,000 of debentures, or approximately one half of Sofame's current liabilities. The proposed transaction is subject to approval by the TSX Venture Exchange.
nice blocks of 5 mill coming in
definitely something stirring..
I just added a mark for you..
DMIK
thats true seven, :)
Thats still good knowledge to keep in the back of our minds..
GLTY
Market codes for your entertainment only:
If you see buys of:
100 > I need shares
200 > I need shares badly but dont take it down to get em
300 > Take the price down to get shares....
400 > Trade it sideways based on Supply and Demand
500 > Gap one way or the other, usually to the direction
of the 500 trade. Sometimes -if in the middle -keep the price right where it is
911 > News incoming
Dmik
0.0002 100 OBB 15:59:42
0.0002 100 OBB 15:59:09
0.0002 300000 OBB 15:58:03
the last 2 minutes.. wow minupilation for sure..
holding on to my share.. no way I'm letting go..
thats not even a code if it is its a pretty silly one..
Hi, ITs quite possible given the nature of the Chinese..
I've worked with a company in the US owned by a company in Taiwan.. They may have already settle the deal and are waiting for the right time to announce it.
The US company I worked for did not make any money we wrote everything as a loss.. even though we were a ligit business the main objective was to get reconized in the market place to be bought out by the other company. This in my opinion is whats going on with the merger deal.. its a win win situation for everyone..
Especially chinese companies who is interested in getting into the Nasdaq,..:)
I;m hoping its possible.. :)
My guess is as good as yours..
what is your price target at 60 days..
I'm hoping for me .008
Merger is within a 90 day time frame so it could happen today..
the 8k can be publish at anytime..
it doesn't have to wait until the end of the 90 days..
Better to have shares locked up and secure now..
a couple million shares can be something worth having and holding.. Don't wait we may not see these prices again.
________________________________________________________________
****INBG is fully reporting company trading on the OTCBB ****
INBG has an O/S of 2,733,177,093 shares
And the merger should be completed between August 27 and Sept. 2.
on June 02 2010 International Building Technologies Group, Inc. Signed a LOI to Enter into a Merger with a China Petroleum Storage Facilities.
and most importantly on june 02, 2010 the company has filed an 8-K for this reverse merger with the SEC unlike many other companies claiming reverse mergers for months and never show you the 8-K that is your guarantee !!!
( No This is not something you see very often in PR'ed R/M companys trading in the pennies)
INBG could eye a short term target of 0.005-0.007 to reach later upon more confirmation the calculated target of 0.02 or better
GLTA
yeah hopefully soon I'm getting too obsessed with this stock..
next major decision is wether to hold or sell after 8k banazaa!!!
or sell half and hold the other half just incase if it goes through to nasdaq :)
wow just got back.. dang price got low today, hopefully tomorrow will be better..
.0017 rare opportunity to get in at that price..
we will close at .0003
no biggy people are waiting on the sidelines..
8-K, “according to an appraisal prepared by an accounting firm in accordance with China accounting standards, the Chinese company has net assets worth RMB 370 million (approximately US $54,000,000) and will generate annual revenues of RMB 100 million (approximately US $14, 000,000) after its completion of construction of Phase I and execution of rental contracts business in early 2011.” Then, “INBG is a full reporting company listed on OTCBB since 2007 and meets all the compliances and regulations of US SEC. We believe that as soon as INBG satisfies the minimum equity, revenue requirement, as well the other requirements of qualification, INBG can move up to be listed on NASDAQ or AMEX main board, accordingly.” Next, in accepting the merger some good things happen. Those include “an extension of existing employment contracts for INBG officers” and a “guarantee of Buy-back or exchange of common stock for preferred stocks (not exceed US$2.3 millions) that are currently held by IBTGI officers or investors.
A FEW HUNDRED DOLLARS THROWN IN HERE IS BETTER THAN BUYING STAR BUCKS COFFEE FOR A FEW MONTHS..
Any money coming in from Sofame yet?
what is the time frame or are they running seperate accounting from revenue streams?
INBG they just release thier filing.. we see a large accumilation need thier charts..
Thanks Clay!!
oh another thing that might help you since your doing a search is Kens full name:
Yeung, Kenneth Kuen
I thought this might help you; also hire a PI they can give you more info.. good luck.
Possible Aka's:
NELSON, YEUNG
YEUNG, NELSON K
YEUNGN
Yeung, Kenneth Mr. Alamo CA 94507 Prince Of Peace Ent. Inc./C.E.O. 2005-09-27 15,000 REPUBLICAN NATIONAL COMMITTEE
Yeung, Kenneth Mr. Alamo CA 94507 Prince Of Peace Ent. Inc./C.E.O. 2004-10-27 15,000 REPUBLICAN NATIONAL COMMITTEE
YEUNG, KENNETH Y MR. ALAMO CA 94507 PRINCE OF PEACE ENT. INC./PRESIDENT 2004-03-10 2,000 BUSH-CHENEY '04 (PRIMARY) INC
Yeung, Kenneth Mr. Alamo CA 94507 Prince Of Peace Ent. Inc./C.E.O. 2004-03-09 750 REPUBLICAN NATIONAL COMMITTEE
Yeung, Kenneth Mr. Alamo CA 94507 Prince Of Peace Ent. Inc./C.E.O. 2003-05-27 750 REPUBLICAN NATIONAL COMMITTEE
Yeung, Kenneth Mr. Alamo CA 94507 Prince Of Peace Ent. Inc./C.E.O. 2002-02-08 750 REPUBLICAN NATIONAL COMMITTEE
this kenneth yeung lives in Alamo ca. which is in northern cali.
I use to live in Montery park Ca and was probably 15 -20 mile from city of industry. the kenneth yeung of IBT group inc. in lives southern california, with his family.
Wrong guy..
I think that it is the MM game to soak up more shares before the reverse merger...
From the 10q ,they have $230,000 good-faith deposit on the books.
that should be more than adequate justification that the deal has a 90 percent chance of pulling through..
these small sale of .0002's seems totally like market manipulation..
think of it the blocks previousely were selling at 4's blocks of three's and then a tiny number of shares at 2's.
its almost irrational that any regular investor would short the stock while its doing well..
My guess is the merger will go through and share holders will definitely be rewarded big-time IMO.. mm will get what they can.
Dmik
Inbg will surface to .02 I'll sell then...