The following is from an e-mail dated 10/26/2007. I am not forming an opinion at this point given the track record to date. Here it is:
What you are taking about is a liquidating distribution. IBC is not liquidating so that type of distribution is not going to occur. You have to understand that the performance of BRCC will be reflected in IBC’s financials. If BRCC would succeed the shareholders of IBC will succeed.