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Dewmatic

08/29/07 1:46 PM

#24451 RE: realest #24443

Management has stated that uplisting is a goal, and IMO, they will eventually get there. However, that process takes time. Historical evidence required by the exchanges has to be earned over time, and TSXT hasn't even been around long enough to qualify. Michelle's CPA accreditation and resume give me confidence that she knows what it will take to make it happen.

The journey forward for this company has not been without adversity. The legal issues surrounding the World of Outlaws and Morgan McClure sponsorships, late release of the Hangover Relief product, and lack of information regarding the status of the PR'd blimp is of concern. But, IMO, these concerns don't outweigh the potential for reward once the product becomes available and starts to sell.

Several posters, including myself, have reported that product is already available and/or has shelf space allocated at many stores. This fact lends credibility to the company as well, since many sources have verified that the product exists and this company is not a scam.

Speaking as a 'stuckholder' of IBCX, I am glad that this change has happened. Am I concerned that Hayter is still involved with the company? Not really. I don't believe he is part of the new management, and can't do the company harm from any of his presumably typical managerial misactions. However, I do have a lingering concern regarding the possibility that creditors can somehow suck funds out of TSXT for debts he didn't honor while the shell was IBAC/IBCX. (indemnified or not) I am not betting on that outcome, but it is a risk to be aware of.