International Building Technologies Group, Inc.(fka INBG)

[coloradotransplant]

This form 3 regards his 200,000 shares of 3/14

1. The Series C Preferred stock has no liquidation rights, no dividend rights, no conversion rights and no redemtion rights. Each share of the Series C Preferred stock has a voting right of 3,000 votes per share granting 600,000,000 votes to Mr. Yeung.
2. Mr. Yeung acquired the Series C Preferred stock from the Company's CEO for $10,000, the exact value amount the CEO exchanged for accrued wages.
3. Mr. Yeung was elected President of the Company on March 14, 2007