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Tuesday, 12/19/2006 9:15:44 AM

Tuesday, December 19, 2006 9:15:44 AM

Post# of 49483
the surviving entity will include all of IBAC's real estate holdings and will maintain the IBAC name and share structure. The shareholders will receive equal value in the transaction of shares of the merger.

If we keep the same share structure going into the otcbb company and it has NOT been increased then the share price in the new otcbb company should easily go to .05.

Why the sell off yesterday? That is the 64 thousand dollar question. Was it the people who bought in the past two weeks taking a 50 to 70% loss on their investment. I would think not, I am down 80% from .018 and will not sell a share at that great of a loss.

Was it Ed selling shares? Was it lookatme123 and his group? Was it people who bought in months ago at .001 - i doubt it? Was it the mm's trading shares back in forth to try to make it look like a massive sell off.

Why has ameritrade not given us our divy, do they have a huge short position on the stock and the only way for them to get out is to manufacture a sell off so they can buy back the shares cheap?

Who knows? Ed knows something and he needs to come clean. If he has not been selling into the pr's he needs to update everyone in a pr as to what the exact share structure is now.

It looks like the overall view of most shareholders is that with over 400 million shares traded lately that Ed is selling.

After a pr stating that he was not diluting he needs to put out another one or ungag the ta.