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IBZT This week sales begin on lazer keyboard
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[QUOTE]Originally posted by Bo14172: [QB] e-mail from Ken to a shareholder today Sherman, As I sit here eating my lunch at my desk and contemplating your first e-mail, I truly thought it was a joke. In that regard, I sent a jokeful response to you. Anyway, we are excited about our company, the products and the direction we continue to move in. To that point, we have all intentions of continuing to enhance the value of this company through aquisitions and mergers, however, your lead below is a bit of a departure from our core business plan. Amazingly we have brought this company from its death a couple of years ago to where it actually has a tremendous growth path ahead. We're looking at many technologies, however, they are all based on the mobile professional and how he/she works. That is not to say we won't do something in and around the cell phone industry. As you know, the PDA and cell phone are converging and needless to say, that becomes a natural market of us to embrace in the future. The share price frankly has amazed all of us here as well as the street I'm sure. As you know we were well under water with convertible debt and really felt it would be some time we could move the share price above a penny. To that end we embraced various products over the last two years that were unique and added usable value to PDA ownership. Prior to the virtual keyboard we had one focus and one focus only. That focus was to bring revenue generation to this company. We had really given up on the share price. Again, the share price increase took us all by surprise. Finding the virtual keyboard was a wonderful event in many ways. First it brought tremendous exposure to the company and its stock price. At the time the stock was a tremendous bargin. Today it really is up to the purchaser to determine if it is a bargin at 4 cents or not. I can't speculate on whether it is or it isn't. What I do know is this, we have a tremendous amount of back orders for the tecnology. Our delivery will meet our schedule, although I'm told there is much speculation on whether the product is real or not. Even to that point, it is our understanding some people on message boards spread rumors that the product doe not even exist and the press release that was put out regarding shipping was false. Let me assure you, the statement we put out on shipping was in fact true. The shipments we made went to analysts and the media. We shipped everything we had after the show and as a direct result of the show interest. Our virtual keyboard is not behind schedule, however, speculation would have you believe it is grossly overstated and way behind. Again, not the case. After CES, we opened up our production facility and began assembling units. Today that process continues. Production in and of itself has be debugged and set up so the end product is meets our QA expectations as well as the customers quality expectations. Today production is well underway. I think everyone was under the impression we were in full product at the time of CES, however, as I explained above, we were only beginning production directly after that. A bit more than a month has passed and we are constantly being blasted with irrate shareholders wondering where the product is and when it is going to ship. That being said, the product will ship when it is ready and not before. Regardless of the wishes of the share holders in general. Afterall, it is easy to be a shareholder, but to build a product from scratch is a task that requires much more than wishful thinking for a short term gain in share value. We do hope the share price will maintain its current level and hopefully when this company demonstrates it can produce product and revenue it will improve through that performance. Again, thank you for your kind words and intentions in your e-mail. If you need to share this e-mail with other investors, I don't think there would be a problem from my side with anything I have stated here. Best Regards, Ken Schilling -----Original Message----- From: Sherman X. Yang [mailto:shermany83@hotmail.com] Sent: Thursday, February 19, 2004 1:28 PM To: Ken Schilling Subject: RE: Mr. Ken Mr. Ken, thanks for you reply. u know, when i sent that email to you, i didn't actually expect u would reply it. lol anyway, thanks again all jokes aside, i do love your company's stock. i got in around some 0.035/share and have been stayed since then. I was kinda regretful when i didn't get out at that 0.07 peak weeks ago, otherwise would have accumulated more shares..well..i never know what's going to happen~~ anyway honestly, your company's stock is great (in a sense that a lot of people have made huge bucks so far); but its products ( please forgive me if i offended you ), in my humble opinion, did have some limitations in market; Depite other huge competitors around, the most important factor is, would customers really "love" them? ---- i mean, ofx, at first, since it's something we never seen before, I might just order one or two to take a look at how "cool" it really is, but after a while, it's very likely and reasonable if i get bored and lose interest, you know... sure the stock will respond dramatically; but in a long run, i really doubt it could keep it up.. I guess (purely guessing) when nice PRs come out later, pps will rally considerably -- give it a 10 bagger would be reasonable considering all the hype around your company right now. by then you would have valued more than "millions" would you be considering shifting your business core into other sectors in the future? or to acquire other undervalued businesses to prop up whatever you wanna achieve in a long run? I have spotted a Chinese company called "China Continental Inc." trading on the OTCBB under ticker simbol "CHCL". if you look up its financial, this company has more than $170Million assets with virtually no debt (book value around $0.6 but trading at $0.04 level recently). Since it's audited in China, lot of potential investors doubt its "legitimacy" or "authenticity" thus dare not to get too "deep" into it. however, I was actually born there and have seen this company growing from a little farm. this company deals with planting, harvesting and sale of forage grass, fish, livestocks etc. its CEO and insiders are holding about 33% of the O/S. ( but the actual value is even less than 10th of your holdings in iBIZ if iBIZ gets over 10 cents/share) there are more than 5 people on its board but only one of them is a "major" holder, its reported employees are 40 but actually there are more than 300 workers working on its farm ( most of them are poor farmers who get paid about 50 US$ monthly! ) As you may have heard of the new Chinese governement is actually trying to shift its business policy so that vitually all "government controlled ones" will be "privatized" in near future. unlike rampant economic growth around South and Southeast of China, this company is located in the north where business activity is still very "primative", and that's why it hasn't been "scouted" out yet... anyway, you can ignore all those stuff I wrote above if you're not interested. you may ask why do I make recommendation to you while I can actually do it myself... The answer is this, (again, in my humble opinion) unlike the stock market where some people get rich by "eating" others' money, for a successful business entity, when it's still not "grown-up" yet, "sharing" is a very important concept --- you have to make yourself rich by helping others get whatever you make. When they are happy, they like you, then they pay you back by awarding you trust and credit. which in turn accelerate your growth until some day you become so large and powerful that they have to show you "respect" instead... that's my undestanding of "trading relations". At last, Best wishes to you and your future business!! Regards, Sherman [/QB][/QUOTE]
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