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Friday, 08/12/2011 1:54:38 AM

Friday, August 12, 2011 1:54:38 AM

Post# of 80098
ICYT $$$$$$ ONLY 4 1/2 MONTHS TO END OF THE YEAR 2011


We are currently in negotiations with two ideal acquisition candidates that benefit from the business combination. ICTY is also looking to raise funds by alternative means tied to an acquisition and has no plans of any financing that would adversely change share structure in the public float. We continue our policy of no capital rising through equity funding as well as reducing and retiring outstanding shares. This hopefully will continue to add value to existing shareholders as well as allow more favorable structure for business acquisition.

The company is working diligently on these new projects and expects to report additional progress within the 2011 calendar year.