Replies to post #45198 on International Building Technologies Group, Inc.(fk

[nac109]

I find it funny that he thinks he knows what he is talking about when he clearly does not. This is not getting bought out. This is a merger. Their assets become ours.

[Silverstar78]

Thanks ENJOYSTRESS.

[livingtheday1]

Sunday, September 5, 2010
My "mess-around" price target on INBG
Assuming the reverse merger with FHH Sino is a GO, the final buyout price IMO would not exceed $4 million, that puts it at around $0.0008 to $0.001 per share. INBG has an accumulated debt of more than $2mm, portion of the $4mm buyout price takes care of that, a premium of appx $1mm goes to it being a clean and reporting OTCBB shell company, and $1mm goes to Yeung's pocket. Further assuming there will be no change to share structure post merger, meaning no immediate threat of a radioactive reverse split, the rosy side to this somewhat disappointing $4mm payout is the "Unknown" premium that will be assigned by traders and ultimately the market to the new company. Dynamic - $0.005-$0.025, POS - $0.0015-$0.0025. Everyone must bear in mind, company has never delivered any good news since inception, there's no reason they would do it this time around, and before the merger actually is announced by FHH Sino (not INBG), recognized by both Chinese and US regulartory agencies, and confirmed by market makers, INBG is still INBG, the same old POS, just smell better because managmenet spritz some imitation Chanel #5 on it since June 2nd. BTW I'm balling over reading some posts on i-Hub of a $0.50 and $1 post merger target, normally whoever's shouting out the outrageous PPS are the ones playing the quicky.


INBG is going to .50 cents, believe it or not.