1. Increase in Authorized Shares to 350,000,000
Haim said in an email that he needs additional shares for ammunition to go to war. Many of these will go to IBS as part of the buyout for the technology. I keep checking Edgar Database for updates about the new shares.
Business areas:
1. Technology :
a. Signed contracts with proposed treatment facility in Argentina
b. Development of sludge plant outside Montreal
c. Signed contract with Israel project
d. Building of demonstration plant in Florida
e. Additional sludge plants (I recall reading that there were five total they were looking for development with IBS)
f. Additional information about how ISPI will benefit from the agreement IBS has entered into a contract with Tedagua (www.tedagua.com), a member of the ACS Group (www.acscorporate.com). Tedagua is a worldwide leader in the industry of water treatment plants operating projects in many cities of Mexico, Central and South America, Africa, China and the Middle East.
