WOW LMFAO.With zero revs for XSNX it looks like the only thing the have ever sold is shares! Another HUGE deal for IBCS LMFAO..SALES OF SHARES
In a private placement of the Company's common stock made by the
Company that began on December 19, 2003 pursuant to Regulation S of the Act at a
variable price equal to 27% of the five (5) day average closing bid price, the
Company raised gross proceeds of $102,386.70 from the sale of 983,750 shares
during the quarter year ending September 30, 2004. The total gross proceeds rose
in this offering as of December 31, 2004 total $210,863.20 from the sale of
1,636,800 shares. The Company is offering a total of 3,000,000 shares pursuant
to this private placement, which has not been terminated and can be terminated
at the discretion of the Company with three (3) days prior written notice to the
purchaser.
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In a private placement of the Company's common stock pursuant to
Regulation S of the Act that began on April 9, 2004 at a variable price equal to
30% of the closing bid price on the date of the purchase, the Company raised
gross proceeds of $105,802.67 from the sale 724,204 shares during the year
ending September 30, 2004. This offering was terminated on December 31, 2004.
In a private placement of the Company's common stock to accredited
investors on June 16, 2004 pursuant to Section 4(6) of Regulation D thereof, the
Company accepted an offer for the sale of 30,000 shares of common stock, at a
price of $.15 per share, which raised gross proceeds of $4,500.00. This offer
and sale was completed on June 16, 2004.
In a private placement of the Company's common stock pursuant to
Regulation S of the Act that began on August 26, 2004 at a variable price equal
to 25% of the previous days closing bid price on the date of the purchase, the
Company raised gross proceeds of $70,000.00 from the sale 1,000,000 shares
during the year ending September 30, 2004. The total gross proceeds raised in
this offering as of December 31, 2004, total $162,966.84 from the sale of
2,294,110 shares. This offering was terminated on December 1, 2004.
In a private placement of the Company's common stock pursuant to
Regulation S of the Act on November 8, 2004, the Company accepted an offer for
the sale of 1,543,500 shares at a price of $.11 per share, which raised gross
proceeds of $169,785.00. This offer and sale was completed on November 8, 2004.
AI
