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Re: growacet post# 373

Tuesday, 01/31/2006 12:41:19 AM

Tuesday, January 31, 2006 12:41:19 AM

Post# of 396
IDVL - (PRER 14C) 1:1000 R/S sometime in Feb or March 1st the latest 1/30/06

This Information Statement is furnished to the holders of record at the close of business on the record date, December 31, 2005, to inform our stockholders that our board of directors has recommended, and that the holder of the majority of the voting power of our outstanding capital stock intends to vote on February ___, 2006 to approve the following:

1. A grant of discretionary authority to our board of directors to implement a reverse split of the issued and outstanding shares of our common stock on the basis of one post-consolidation share for each 1,000 pre-consolidation shares to occur immediately after the action described herein;

2. An amendment to our Articles of Incorporation to provide for the creation of a second series of common stock to be known as "Series B Common Stock"; and

3. An amendment to our Articles of Incorporation to provide for the change in our corporate name from International Development Corp. to Global Wataire, Inc.

...Ms. Harland will vote in favor of the grant of the discretionary authority to our board of directors to effect a reverse stock split of our common stock, to approve an amendment to our Articles of Incorporation to provide for the creation of a second class of common stock to be known as "Class B common stock," and to approve an amendment to our Articles of Incorporation to provide for the change in our corporate name from International Development Corp. to Global Wataire, Inc. Ms. Harland will have the power to pass the proposed corporate actions without the concurrence of any of our other stockholders.

This Information Statement will be sent on or about February ___, 2006 to our stockholders of record who do not sign the majority written consent described herein.



EFFECTIVE DATE

If the proposed reverse split is approved and the board of directors elects to proceed with a reverse split, the split would become effective as of 5:00
p.m. Nevada time on the date the split is approved by our board of directors which is expected to be the day after the action described herein by our majority shareholder. Except as explained herein with respect to fractional shares and stockholders who currently hold fewer than 1,000 shares, or such lesser amount as we may determine, on such date, all shares of our common stock that were issued and outstanding immediately prior thereto will be, automatically and without any action on the part of the stockholders, converted into new shares of our common stock in accordance with the one for 1,000 exchange ratio.

http://www.pinksheets.com/quote/filings.jsp?symbol=IDVL

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