Grass Roots Research Issues a 'BUY' Rating with a $1.20 Target Price for iB3
Networks, Inc.
CANAL WINCHESTER, Ohio, Sept. 14 /PRNewswire-FirstCall/ -- iB3 Networks, Inc.
(OTC Bulletin Board: IBNW) and its wholly owned subsidiary iBeam Solutions, a
Microsoft Gold Certified Partner and a Cisco Certified Select Partner,
announced today a new research report has been issued on the Company by Grass
Roots Research, Wall Street's leading independent research firm, with a "BUY"
recommendation and a $1.20 long term price target.
For the full report please visit Grass Roots' website:
www.grassrootsrd.com
About Grass Roots Research and Distribution, Inc.:
Led by Paul Cohen, Grass Roots Research is one of Wall Street's #1 Independent
Research Firms. As founder of Bear Stearns Western Regional Offices, Paul
Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be
the top 12 security analysts in the nation. Mr. Cohen was also the West Coast
Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen's
partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past
Chairman of Solomon Smith Barney) and Arthur Levitt (past Chairman of the
Securities and Exchange Commission (SEC)).
Grass Roots Research includes nine PhD's (three with MD's), two MD's, six
CFA's (chartered financial analyst), three with CPA's (certified public
accountant) and 21 analysts covering most industries. The backbone of the
fundamental research targeted at stock investment includes investigative
research into significant corporate events, thorough review of SEC filings, in
depth financial analysis, valuations, and management profiles. The Cohen
Financial and Valuation Model, an analytical and portfolio management system,
is a 100+ page income statement model with seven (7) equity valuation and
three (3) cash flow analytical models. Our model covers 9,000 public
companies. For more information, readers can visit the company's website at
www.grassrootsrd.com.
About iB3 Networks, Inc.
iB3 Networks, Inc. (OTCBB: IBNW) and its wholly owned subsidiary iBeam
Solutions, is a Microsoft Gold Certified Partner with a proven track record of
delivering scalable hosting solutions, managed hosting, dedicated hosting and
Co-location, world-class IT infrastructure, 100% uptime SLA and 24x7x365 First
Call Support, virtual help desk, managed services, design and implementation
of networks, security and Internet monitoring, technical support, web
development, application development, database development and support,
wireless solutions, Internet businesses, and is a Cisco Certified Select
Partner. For more information please visit their web site at
www.iB3Networks.com
Safe Harbor: This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 27E of the
Securities Act of 1934. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements. Investors are
cautioned that forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected or suggested
herein due to certain risks and uncertainties including, without limitation,
ability to obtain financing and regulatory and shareholder approval for
anticipated actions.
SOURCE iB3 Networks, Inc.
iB3 Networks, Inc. Investor Relations: e-media Direct, Inc., +1-866-284-2835
Everything said is purely opinion unless otherwise stated. Under no circumstances should you invest in something where you haven't done your own research.
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