Replies to post #1961 on International Building Technologies Group, Inc.(fk

[scalecarfan]

bessie-please don't fall into their trap. ANY and ALL shares bought or sold by David, or any other officer or director of the company has to have a Form 4 or 144 or both. These posters are "lying". Maybe not purposely, but they don't know the rules.

rich

[Mac the Knife]

Bessie,

Here is what happened in a nutshell im my opinion. Dave and Mark set up an S-8 (an employee incentive program) of approx. 70 million shares. These were set aside and part of the O/S. They then purchased a few shares (9 million or so token shares) with their own money on the open market(form 4's). The market saw all this insider buying and liked it and jumped in also. This drove up the PPS big time as expected. Dave and Mark then sold (IMO) these S-8 shares into these rallies and made A LOT of money (compensation for work, as some people here like to call it). The only stipulation of Rule 144 for these sells was that the S-8 sales didn't exceed the volume rule. They WERE NOT required to file a form 4. That's it, they put the bait out there and we took it. (IMO)