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reapingprophet

01/15/07 2:42 AM

#13472 RE: binzur #13470

binzur...I thought that most investors knew that probably ALL the supposed assets are either in Edward Hayter's name, or the parent company, Turner Hughes...

Many have thought that he would do this to make sure that should he bankrupt the company, the assets would still be in his name, and untouchable, should disgruntled investors desire some legal relief...

Please notice the october dates that all this about the golf course was started...and, it still is not completed...as is much with Eddie, it appears... The RCC Management company was set up to handle the golf course...

http://biz.yahoo.com/bw/061019/20061019005631.html?.v=1

Press Release Source: IBAC Corporation
IBAC Corporation Creates a 100% Wholly Owned Subsidiary and Reaches an Agreement to Acquire Country Club & Golf Course
Thursday October 19, 9:52 am ET
NEW YORK--(BUSINESS WIRE)--IBAC Corporation (Pinksheets: IBCX - News) announced today that it has formed RCC Management Company as a 100% wholly owned subsidiary of IBAC Corporation for the purpose of acquiring the country club & golf course.

The company has successfully negotiated the purchase price of the property and has received contracts for the acquisition, the contracts are currently under review by the company's attorneys and we expect to sign/execute said contracts by weeks end.

http://biz.yahoo.com/bw/061024/20061024005473.html?.v=1

Press Release Source: IBAC Corporation
IBAC Corporation Executes Contracts to Acquire Country Club & Golf Course

Tuesday October 24, 9:02 am ET
NEW YORK--(BUSINESS WIRE)--IBAC Corporation (Pinksheets: IBCX - News) announced today that it has executed its side of the contracts to acquire the previously announced acquisition of a private country club and golf course. The acquisition when completed will be owned by RCC Management Company a 100% wholly owned subsidiary of IBAC Corporation. The company expects the selling party to execute its side of the contracts by the weeks end.

The Caddo Corporation, it appears, was named after the old Howard Hughes corporation...does the name Howard Hughes ring a bell with ICAN/IBCX posters? A poster by the name of Howard W. Hughes was the first post on the ICAN board... And, there is more, but it will be in private... LOL

http://www.dogpile.com/info.dogpl/search/web/%252522the%252Bcaddo%252Bcorporation%252522/1/-/1/-/-/-...

http://www.manta.com/comsite5/bin/pddnb_company.pl?pdlanding=1&referid=4490&id=knkd4

http://www.thomasnet.com/heading.html?cov=DN&what=Contractors%3A+Acoustical&heading=1206&... This has a different address from the one listed on the DD below... One is 515 W. 36th street, and the other one is 511 W. 36th street... LOL Way to go Eddie... JMHO, of course, FWIW

I need an email address if any of you guys want to communicate further with me... It is pretty late, and I am going to bed in a few... Have a good evening...and a great day tomorrow...

Prophet