Six good reasons to buy. I would have expected a better run today, but maybe it is just going to take a few days for this to sink in. The company is making good on their promises, there are real verifiable assets and income. IMO some of the people that got in at .002 to .008 are selling now. The new base of shareholders are in at .01 to .02. As soon as the people that bought in at .002 to .008 are done then we start moving up. It would help if we get A/F after the bell today.
1) 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.
2) 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.
3) NEW YORK, Nov 24, 2006 (BUSINESS WIRE) -- IBAC Corporation (PINK SHEETS: IBCX) a Hospitality Holding Company today reported record revenues for the month of October ($842,842.53) these revenue figures are based upon internal records and are subject to verification by the company's independent accountants and auditors.
The company projects annual revenue of $10,500,000 to $11,500,000 for the calendar year of 2006, which will represent a significant increase over last year and the best year in the company's two year history.
4) 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.
5) 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
6) ????? Audited financials released form 10 filed.
