International Building Technologies Group, Inc.(fka INBG)

[scalecarfan]

To All-Mark told me the plan was approved by MSEP's attorney and the State of Arizona corporation commission. It is 100% legal. The 85% goes back to the company for growth. They can use it to pay salaries of Exec's, sponsor drivers, buy product, pay attornies and auditors ($40k for the 10k is what Mark said), mergers, acquisitions, whatever they want. How do you think they got as far as they did on the small amount of revenue?

Please review the plan:

http://www.sec.gov/Archives/edgar/data/1075993/000109309404000197/0001093094-04-000197-index.htm

It will answer all your questions. You can also review the attornies approval as well as the auditiors. This is a list of what you can see:

Exhibit Description
-------------------------------------------------------------------------------
4.1 Motorsports Emporium, Inc. 2004 Employee Stock Incentive Plan No. 3;

5.1 Opinion of Wenthur & Chachas, LLP;

23.1 Consent of HJ & Associates, LLC;

23.2 Consent of AJ. Robbins, P.C;

23.3 Consent of Wenthur & Chachas, LLP (included in Exhibit 5.1); and,

24.1 Power of Attorney.

Let's all do our DD now (albeit a bit late for some) so we can put some of these misuderstanding to rest!!!

Thank you!

rich