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Re: None

Friday, 01/19/2007 5:54:04 PM

Friday, January 19, 2007 5:54:04 PM

Post# of 49483
The bottom has been reached for IBCX. Depending on the actual number of shares issued and outstanding, the market cap (shares issued and outstanding times current price of .0012) is somewhere between $480,000 (assuming OS of 400 million) and $960,000 (assuming OS of 800 million). From the DD performed by many of the posters on this board and the unaudited financials, the low side of the net value of IBCX (stockholder's equity) has to be somewhere in the $4 to $7 million range not counting the golf course and other things that Ed may have planned.

The number of bashers on this board has reached an all time high in the past week. Many of our best positive posters, including Binzur, have turned negative on Ed and IBCX. Most of the recent bashing is justified due to the significant drop in the share price and the delays in the promised events by Ed including the unzipping the TA and the lack of availability of the audited financials. While the bashing may be justified, the share price of .0012/.0013 is certainly not justified. You know the old saying, "The best time to Buy a Stock is when no one wants it". Well IMO the time to buy IBCX is now. No one seems to want it. An empty public shell, with no assets and liabilities, would have a market value of over $600,000. Don't you think that IBCX has more going for it than an empty shell?