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Re: binzur post# 12173

Friday, 01/05/2007 12:27:01 PM

Friday, January 05, 2007 12:27:01 PM

Post# of 49486
binzur...you stated:

"Look at every PR since October. Not a single one to this point has been false or fraud. Not a single one"

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.



FACT: newest filing , posted here several times, show an increase of A/S to 2.02 Billion shares.

NEW YORK -- IBAC Corporation (Pinksheets: IBCX) today announced that it has entered into negotiations to acquire its restaurant operations, the proposed acquisition if accepted, would be to another publicly traded company and include a share distribution (payout) to the IBAC shareholders. (Proof) ?? never ever heard of anything anymore??