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Re: mick post# 352

Saturday, 02/03/2007 1:18:55 PM

Saturday, February 03, 2007 1:18:55 PM

Post# of 703
What do you think of web IBCX sharecount update ...

A/S .... 2,020,000,000
O/S ..... 818,672,036

Market Cap = $819m
Restaurants Sale alone = $4.1m

9/30/06 financial Report
$10.5m Assets claimed
$7.7m in Equity claimed
$865k in cash claimed
$998K in receiviables
http://www.ibaccorp.com/IBACCOMPLETEFINANCIALSSEPT.pdf

Why would they issue any stock out very very weird
Question I have been trying to find out for weeks now ?
The complete breakdown of the share structure
Hayter said he had 5m voting preferred at 1/100 common value
What is the exact count of Common Shares now ?
What is the exact count of Restricted Shares ?
What is exact count of Preferred Shares & Common value ?
What is the Float ?
Why would they issue shares at this very low value ?
For what did they issue shares out at this very low value ?
Or is the preferred shares 1/100 value calculated into common
Hayter said he issued himself 5m voting preferred in nov

I am hoping the T/A can explain clearly the sharecount breakdown or we get a press release at least explaining the sharecount on monday ....

TOTAL AUTHORIZED PREFERRED & COMMON SHARES
AS OF 02/02/07 2,020,000,000

ISSUED AND OUTSTANDING PREFERRED & COMMON SHARES
AS OF 02/02/07 818,672,036

http://www.ibaccorp.com/corporate-info.php


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