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Re: X-Fortune 500 post# 15375

Tuesday, 02/06/2007 10:33:02 AM

Tuesday, February 06, 2007 10:33:02 AM

Post# of 49563
Please! Can we stick to reality? IBCX is in the worst shape as a company in its history. Criminal charges are coming in faster than revenues, and they have never offered a cash dividend, or ever hinted at following through with one. The only dividends they have given are forward splits that they've used as smoke screen to dilute.
It should be quite apparent the company has no money given all the outstanding bills against the hotel, and the way in which it was closed. Not even the money raised from the recent dilution has gone into the company, so the odds of anything going directly to shareholders is pretty much nil.
The SEC could suspend IBCX at anytime and I would not recommend that anyone buy at this point.



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