I just recieved this from a connection in Florida Cozze will be listed in Wall Street Journal ~ 2/28/07 Cozze Property is listed as a Leased Business for ~ $2.2m As you can see its beautiful ... 6000 sq ft Location with elegant wealthy mediterranean style ... Lease ~ $14k mth ... 3 (5yr) contact ... 1st right to purchase
Cozze Restaurant Business Value .... rough guess $90K sale tax / 6% fl tx = $1.5m revenue ~ 8mths 10% net X $2.25m yr rev = $225k yr net Potential daily revenue = $5k ~ $10k day $225k yr net X 2 = $450k ~ $500k Business Value Restaurant Amenities = $200k ~ $300k value $500K Business + $300K Amenities = $500k ~ $800K Rest. Bus. Sale Value
Cozze looks to be worth from Virtual Tour + Sales Tx ... Cozze Property $2.2m + Business $600k = $2.5m ~ $3m
My Opinion ..... I invested in Nov after reading PR on Audit & O/S Interest was 350m O/S reduction, Audit, Assets, OTCCB uplist I currently do not own shares and sold at a loss I sold mainly because I didn't like how it was trading I did not like the consistent market manipulation demise I did not like HDSN on ASK level II with large lots I did not like 2B A/S increase with PR stating 350m reduction I did not like 188m O/S going to 819m O/S in only 3mths I did not like the tone of management or past investors I did not like the mismanagement of Assets on all levels I did not like deceiving information coming from management I did like Assets, Unaudited financials, OTCBB potential I have IBCX on watchlist for reference study .....
IBCX as we can see from the Cozze Virtual Tour Has strong beautiful assets that allured many investors The Stock Value pps & daily trading has a big problem There is clear evidence of bad management of company assets Beautiful potential assets where never managed into +profits Evidence of share dilution to cover cost by current O/S & A/S 10m shares sold at average .001 = $10,000 aday Compare that to $5k Cozze aday rev X 10% net = $500 aday Burmaster is from brokerage background not hospitality Past Investors claim Hayter has history of deception & dilusion Burmaster is connected to MM-HDSN thru Wain securities HDSN LII lead Ask shows up everyday before pps price drop selling large lots HDSN Lots now starting to look like 50m to 100m aday at .0002 .0002 X 50m shares = $10k aday
The question of reality is IBCX in the business of selling worthless stock In the same process alluring investors with beautiful mismanaged assets ... I must admit I was allured to invest by beautiful looking assets ... But I am totally turned off by the tone of past investors & very very poor IBCX mismanagement on all levels including shareholder value levels ...
The clarity especially at this worthless market pps of .0002 is that there are very very bad evil forces in play here thru open market share demise manipulation and subsidiary asset mismanagement to allow such an insult disgrace of what looks to be beautiful subsidiary assets alluring investors to lose alot of money over the years ...