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Re: hank hill post# 9757

Monday, 12/18/2006 11:45:30 AM

Monday, December 18, 2006 11:45:30 AM

Post# of 49486
It doesn't matter to me what the pps is at this time. It is the percentage of ownership that I am looking at and here is why. We are going to spin off the restaurants IMHO. Price is agreed and the board more than likely has decided. What matters is how many IBCX shares are outstanding and how many I own. That will determine how much of the divi/share payment I receive.

Now the second part is we are going to reverse merge into a fully reporting OTCBB shell. The same applies on that conversion. How many shares are outstanding and how many shares I own. I will get my shares converted to shares in the new company based on the percentage I own! After this takes place then the new PPS of both entities will matter.

I am concerned about potential dilution after the spin off and merger and I will watch very closely for the details! Now I simply want a higher percentage of ownership in IBCX!

Thanks for the cheap shares BTW!