IBSG Intl Inc. (IBIN)

[moldme1]

I disagree with your cash flow assessment. Their cash on hand improved from $2,138,496 to $4,001,375. Their paid in capital went from $20,160,045 to $21,241,135. Since their cash on hand went up by $1.86 million and only $1.08 million came from new investments (the stock for services), they must of had positive cash flow from somewhere. They list in their collectibles that they actually collected $3.12 million.