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DoDahMan

01/06/07 12:10 PM

#12337 RE: DoDahMan #12336

Chart sure looks ready -->


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binzur

01/06/07 12:10 PM

#12338 RE: DoDahMan #12336

Nice post DoDahMan! The PR yesterday at first glance was eh! Then I read it a few more times, read other posts during the day and last night and then Angel made a good post last night.

The application was to be able to file electronically with the SEC. We had made all previous filings by paper method. You can only view a summary of those filings on Edgar and it takes two weeks and you have to pay to get the entire filing. Once a company starts electronic filing they must always file that way. Those filings are updated very quick on Edgar and fully viewable!

Small PR but this will go a long way to make this company more transparent! Now lets get to all those other things we both want to see and SOON! LOL!

Have a great weekend!
Binzur
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eelfland

01/06/07 12:17 PM

#12342 RE: DoDahMan #12336

Regarding the golf course deal, I don't really have any solid information about it, but my guess is that the offer we made is contingent on financing being arranged, and that financing has yet to be arranged. We'll probably have to sell some other property to get the money. I don't as yet know any details of the offer and acceptance, and am not really all that worried about it, frankly. It will happen or it won't. I can talk to some of the members of the club, but I doubt they know any more than I do. I'd prefer not to tip my hand. If IBAC doesn't get it, I'm looking into forming a limited partnership arrangement to get it done locally. I know some people around here who might want to get involved, and who have developed other properties successfully. I'll give it a couple of months before giving up on IBAC's deal. However, in the spring and summer the golf course will be bringing in a lot more revenue than they do in the winter, and the owners won't be as motivated to sell as they are now until next fall or winter. Overall, it's going to be a long, boring wait to see what happens with that deal, and with IBEC overall, IMO.