International Building Technologies Group, Inc.(fka INBG)

[BigIbby]

Can someone please tell me if my thinking is correct here as I am rather new to investing. I have a small holding of this stock but, I am rather excited about the prospects and will be picking up some more today.

I have been thinking about the 10-Q that was released yesterday and all of the negative chatter and the uncertainty around the PPS today.

In the 10-Q I believe it states that INBG has used the $230,000 deposit to support operations over the past three months.

Based on the amount they are only able to generate through the sale of their stock (which is their only revenue) right now they would be hard pressed IMO to raise that amount to pay back the deposit if this fell through.

Sooooo, I would assume they would know this and would be pretty sure this was banked to spend that cash.

Does this sound like good reasoning? All just an opinion.