Looks like IBCL may be on the Pinks for a while...it was delisted due to SEC Rule 15c2-11, and from what I found...
"One of the strongest forces preventing such a stock from returning to trading (on the OTC:BB) is Rule 15c2-11. To quote ECNC's (IBCL's?) trading halt:
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to the securities of eConnect until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation for the stock of eConnect that is in violation of the rule, the Commission will consider the need for prompt enforcement action.
Rule 15c2-11 requires that any broker or dealer who would like to make a market in (IBCL) first carry out what is, in effect, an individual "due dil" of the stock Needless to say, it is rare that a broker or dealer carries out these steps."
Anybody have any more info on this rule?
Rick