Replies to post #14943 on IAHL Corporation (IAHL)

[realest]

Derf, IBAC was incorporated in 2004. How much more time does he need? The share price should be above where it was pre-R/S which is .008. Instead the share value is currently around .0008-.001 down at least 80% from that standard.

Nosir, Ed needs to come forth with the audited financials and ungag the TA to let us see what he's done. This is crossing the lines of a company fueling itself for expanse into mis-representation. Only transparency at this point will allow this ship to right itself.

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Posted by: derf1
In reply to: None Date:1/30/2007 1:28:10 PM
Post #of 14944

Ed has not been doing a good job with the share price. Some criticism is certainly justified. However, this is a pink sheet stock. As such, there is no requirement that the TA identify the share authorized, issues and outstanding shares or that the Company release audited financials. If you do not like those ground rules, do not buy pink sheet stocks. When IDWD becomes a bulletin board company, you can expect to see these things. Just because you do not have them now does not justify a lawsuit from the shareholders. Currently all the bashing and threats are helping a lot to keep the price down. IDWD just completed a $4 million+ sale of two restaurants. If this deal closes on schedule, the GC deal is completed (I understand that Ed was at the Arkansas hotel yesterday)and if we get to the BB there is no basis for any recoveries through any lawsuits IMO. My recommendation is that you negative influences to this board should give it a rest for a spell. Give Ed a chance to increase the value in the Company. If the market does not recognize that value it is as much the fault of the negative posters on this board as it is ED. While I dislike the current share price, I hate all the negativity on this board as well. It is funny how last week when the stock reached .007 most the negative posters turned positive. When the stock went back down, the negative posts came right back. Talk about fair wheather fans. During this time Ed's methods did not change but the posters comments did change. If you have any negative comments to this post, do not bother making them. I have already seen them too many times.

[liable]

For a company to lose 95% of it's value in two months, there would have to be a misrepresentation of the facts by the company. There were press releases designed to create a buying interest to facilitate dilution, which can now be seen as a premeditated act to deceive. There is a two year long record of the same performance of not delivering on 95% of what has been promised, and outright blatant lies by the CEO recorded on mp3.

More recently, the stock has suffered the worst performance of its history while the CEO intentionally gagged the TA and released a PR about audited financials that now appear not to exist. While I'm not as bullish as you are, I don't agree that you should suggest to people what the best course of action is, or offer advice. Let people make their own decisions on as much information as we can share.

As far as 'bashing' keeping the price down, I'll do my best to warn people who are thinking of buying IBCX. I would rather save someone from a loss similar to mine than keep quiet and sell them my shares. That's just me though, I won't tell someone to buy or not, just share what I've uncovered.

As far as the proposed move to the OTCBB through a reverse merger, it is nothing more that another smoke screen and introduce more shares into our constantly diluted shareholder's equity. IBCX is IBCX no matter what market it trades on, similar to the price of a candy bar at 7-eleven or the local corner store; the value remains the same no matter where you buy it.

If IBCX really had the AFs, they could file them and move to the OTCBB on their own merrits, without the further expense of a merger.

The sentiment turned positive for a short time as it seemed like Hayter might beging performing for his shareholder's rather than himself, but that quickly changed when he was given a chance to prove himself, and did the opposite.

Another question I have, is who is the mystery buy for the restaurants that was found so quickly? Surely if both sides of the golf course deal could be announced long before anything was solidified, then the same should apply here.