Italian Food and Beverage Corp (IFBC)

[kurtolsen]

This is probably the closest OTC under .10 to a big board stock.??????


What the heck are you implying by that?Which alternative?



Financial Criteria
Must meet 1 of the following standards:

Alternative #1 - Earnings Test
Aggregate pre-tax income for the last 3 years (d) $10 million
Minimum in each of the 2 most recent years
Third year must be positive $2 million
OR
Aggregate pre-tax income for the last 3 years (d) $12 million
Minimum in the most recent year $5 million
Minimum in the next most recent year $2 million

Alternative #2a - Valuation with Cash Flow
Global Market Capitalization (f) $500 million
Revenues (most recent 12-month period) $100 million
Adjusted Cash Flow:
Aggregate for the last 3 years
All 3 years must be positive $25 million

Alternative #2b - Pure Valuation with Revenues
Global Market Capitalization (f) $750 million
Revenues (most recent fiscal year) $75 million

Alternative #3 - Affiliated Company
For new entities with a parent or affiliated company listed on the NYSE
Global Market Capitalization (f) $500 million
Operating History 12 months
Parent or affiliate is a listed company in good standing
Company's parent or affiliated company retains control of the entity or is under common control with the entity

Alternative #4 - Assets and Equity
Global Market Capitalization (f) $150 million
Total Assets $75 million
Stockholders' Equity $50 million