IAHL Corporation (IAHL)

[binzur]

balamidas; If the 4th quarter numbers were going to be so outstanding why would they not have posted NOVEMBER sales? They posted record October sales right during the pump cycle (November 24). You can't tell me they do not know the November sales numbers yet we haven't seen them. That leads me to believe those numbers weren't as good and they didn't post them.

It is clear as well to me that the dilution started during the November pump cycle. A number of smoke screens were put out to cover the dumping. The filing of the regdex 506 was actually quite good on their part. I feel it was a smoke screen. No one was overly concerned with the 506 as it would have issued only restricted private placement shares. I have been watching since that date for them to change the 506 to a 504. Saw the pump and felt they were going to dump! What nobody realized was the 504 filed in the pre IBCX days was still valid! That means they can dump up to $1,000,000 of shares per year on the open market. That has been going on late in '06 and definitely early in 2007. Second smoke screen was the share dividend. That was the excuse many were using for the volume and also the price drop. Everyone dumped their divi's. That happened but the company was also dumping shares as well. Now combine that with the fact that they never reduced the A/S from 500M to 350M as PR'd on November 22 and then they raise the A/S to over 2 billion and you can tell very quickly when the dilution started. This was a big slip up by Ed and Wayne and one that is going to come back and hit him where it hurts.

I will be posting more later today and tomorrow. All of the above are JMHO!
Binzur