quote:

---

Originally posted by Purl Gurl:
A quick glance indicates about ten-million inside shares being sold since January with another two-hundred-thirty-five-million yet to dumped on the market.

---

Ten-million shares since January, isn't
that about three-hundred-forty-thousand
dollars for the first two months of this
year based on an average price of .034
per share?

That is a lot of pocket change.

Still over two-hundred-thirty-million
shares to be dumped. More pocket change?

Looks like Schilling and Perkins are each
taking home somewhere between one-million
to two million dollars per year.

Anyone have more precise figures?

I would disagree. A CEO who generates over
six-million dollars in losses each year,
usually is not paid a million a year.

Within an SEC filing I came across a
comment by Schilling no officers would
receive any compensation until their
company became profitable.

What I see is two individuals pocketing
a lot of money, after generating high
losses for a number of years, along with
indicating their products will be great
revenue generators although their track
record indicates one-hundred-seven percent
cost for sales, a significant loss for
each product sold.

I also see continued dilution for a very
long time, looks like for the next six
to eight months based on the rate at
which Perkins is dumping shares.

Bottom line is it looks like Schilling
and Perkins are pocketing a lot of money,
investor's money, and offering nothing
in return.

quote:

---

Originally posted by Purl Gurl:
Tasharruf, SEC filings.

Purl Gurl

---

From June 2003 to Mar 2004, Ken Schilling, and Mark Perkins COMBINED have sold 53,602,000 shares totalling $776,444 in value. Here's the link to that info: http://moneycentral.msn.com/investor/invsub/insider/trans.asp?Symbol=IBZT

A high rate of inside selling suggests
inside sellers have no confidence in
the future of a company.

Comparing their 10Q filing numbers to how
much money officers are skimming off stock
sales will provide a guideline on a ratio
of much money is being used for capital
outlay for the company and how much is
simply being pocketed by officers.

I would expect at least eighty percent
of stock money to be rolled over into
the company to fund it, perhaps ten
percent for employees, five percent
for whatever and no more than five
percent for company officers.

There are quite a few form 4 filings which
suggest dilution will continue. I do not
know the time requirement for filing a
form 4 nor have any notion when the next
will be filed by Perkins. You could attain
somewhat of an idea of frequency through
comparing dates of filings.

Purl Gurl

"...$776,444 in value."

Do you know where this money is today? Based
on dates you presented, those two have pulled
at least a million dollars out of investors
over a full year.

"...found the fact that these two guys are
going to "dump" their remaining shares on
the market?"

My comments pertain to Perkins.

A presumption is made, based on his long
history of dumping shares including very
recent dates, he will continue to do so.

Another presumption is Schilling is also
dumping shares like Perkins.

Lot of money, possibly millions over the
past few years have flowed into their
hands. Anyone know what happened to
all that money?

quote:

---

Originally posted by Purl Gurl:
Opiate wrote,

"...$776,444 in value."

Do you know where this money is today? Based
on dates you presented, those two have pulled
at least a million dollars out of investors
over a full year.

"...found the fact that these two guys are
going to "dump" their remaining shares on
the market?"

My comments pertain to Perkins.

A presumption is made, based on his long
history of dumping shares including very
recent dates, he will continue to do so.

Another presumption is Schilling is also
dumping shares like Perkins.

Lot of money, possibly millions over the
past few years have flowed into their
hands. Anyone know what happened to
all that money?

Purl Gurl

---

hmmmm did they forget to divide the price by 10????? or am I just crazy

Neo, I am interested in reading your
analysis of the Ibiz 10Q filing today.

Yep.

You watch it. If you are thinking about
taking profits or cutting your losses,
this is about the best time.

Prices will be pushing downward, most
likely, by tomorrow afternoon or during
the day on Friday.

I could be dead wrong but performance
over the past couple of months suggests
this stock is headed nowhere.

It would please me to be dead wrong.

My feelings clearly lie on the negative
side of this. Important to remember I am
basically a fundamentalist looking for
value stocks with relatively slow growth,
with slow growth for me being thirty to
ninety days, which is short term for most.

I just cannot turn up anything positive
about Ibiz save for news releases which
are mostly hype and fluff. If I found
something positive, I would certainly
jump in and share this information.

My major concerns are Schilling's past,
not keeping his word, pocketing what
looks like a million dollars and
these constant excuses for delays
in product delivery. All adds up
to a major red flag warning.

Maybe you will have to do without the Contach.

Synosphere Expands Intellectual Property Portfolio
Thursday March 18, 9:04 am ET http://biz.yahoo.com/prnews/040318/cgth026_1.html

iBIZ Technology Corp. Presents Latest PDA Accessories at CeBIT http://biz.yahoo.com/prnews/040318/cgth027_1.html

iBIZ Technology Corp. Financials

PDA Docking System to Be Featured at CeBit
Thursday March 11, 4:31 pm ET http://biz.yahoo.com/prnews/040311/cgth066_1.html
Wed mar 3 iBIZ Technology Corporation CEO Ken Schilling Featured in Online Interview on PrBroadcast.com http://biz.yahoo.com/iw/040303/063918.html

Wed mar 3 iBIZ Technology Corp. Financials
EDGAR Online Financials http://finance.yahoo.com/q/is?s=ibzt.ob

Wed mar 3 - EDGAR Online IBIZ TECHNOLOGY CORP Files SEC form 10KSB/A, Annual Report http://biz.yahoo.com/e/040303/ibzt.ob10ksb_a.html

Tue mar 2 - PR Newswire iBIZ Technology Corp. Reports on Virtual Keyboard Factory Visit http://biz.yahoo.com/prnews/040302/latu073_1.html

Fri, Feb 27 - EDGAR Online IBIZ TECHNOLOGY CORP Files SEC form 10KSB/A, Annual Report http://biz.yahoo.com/e/040227/ibzt.ob10ksb_a.html

Fri feb. 13 IBZT.OB iBIZ Technology Corp. Files Annual Report 10-KSB for 2003 - PR Newswire http://biz.yahoo.com/prnews/040213/laf070_1.html

Fri feb. 13 IBZT.OB IBIZ TECHNOLOGY CORP Files SEC form 10KSB, Annual Report - EDGAR Online http://biz.yahoo.com/e/040213/ibzt.ob10ksb.html

Thu feb. 12 IBZT.OB iBIZ Technology Corp. Receives Record Purchase Order From Mad Dog Multimedia - PR Newswire http://biz.yahoo.com/prnews/040212/lath058_1.html

thu feb. 12 IBZT covered on traders nation (minute 22.30) http://www.tradersnation.com/radio.shtml#anchor2

Thu feb. 5 IBZT.OB iBIZ Technology Corp. Is Covered by Business Week - PR Newswire http://biz.yahoo.com/prnews/040205/lath073_1.html

Wed feb. 4 IBZT.OB IBIZ TECHNOLOGY CORP Files SEC form 8-K, Acquisition or Disposition of Assets and Financial Statements & Exhibits - EDGAR Online http://biz.yahoo.com/e/040204/ibzt.ob8-k.html

Tue feb. 3 IBZT.OB iBIZ Corp. Participates in CeBIT - PR http://biz.yahoo.com/prnews/040203/cgtu026_1.html

Fri Jan 30 IBZT.OB iBIZ Technology Corp. Files for an Extension on Form 10-KSB - PR Newswire http://biz.yahoo.com/prnews/040130/cgf026_1.html

Thu Jan 29 IBZT.OB iBIZ Technology Corp. Reaches Settlement Agreements With All Convertible Debenture Holders - PR Newswire http://biz.yahoo.com/prnews/040129/cgth081_1.html

Thu Jan 29 IBZT.OB iBIZ Technology Corp. is Covered on CBSRadio - PR Newswire http://biz.yahoo.com/prnews/040129/cgth063_1.html

Synosphere Receives International Attention for their Blue Dock (jan. 22) http://biz.yahoo.com/prnews/040122/cgth066_1.html

IBIZ expect sales to exceed 100k a month (jan. 22) http://www.corporatemedianews.com/2004/01_jan/news/cw_ibiz_laserkeys.htm

iBIZ Technology Corp. Acquires Synosphere LLC (jan. 21) http://biz.yahoo.com/prnews/040121/cgw043a_1.html

Virtual Laser Keyboard for PDAs in radio shack (jan. 21) http://www.hotproductnews.com/results.htm?News_Categories=Computers&SKU=1099

iBIZ Technology Corp. Retains CEOcast as its Investor Relations Firm (jan. 21) http://biz.yahoo.com/prnews/040121/nyw082_1.html

Ghostly Keys (jan. 20) http://www.pcmag.com/article2/0,4149,1434110,00.asp

interview from 2001 found by eryk_13 (jan. 19) http://www.macreport.net/ram_meta_files/IBZT.asx

Virtual Laser Keyboard Coming in a Few Months (jan. 18) http://www.mercola.com/2004/jan/17/laser_keyboard.htm

explanation of increase in O/S (jan. 17) http://www.ragingbull.lycos.com/mboard/boards.cgi?board=IBZT&read=109342

iBIZ Corp. Reports Results From CES 2004 (jan. 16) http://biz.yahoo.com/prnews/040116/laf042_1.html

article (jan 15) scroll down to middle of page http://www.i4u.com/

KEYBOARD NOW AVAILABLE (jan. 14) http://biz.yahoo.com/prnews/040114/cgw045_1.html

Ken covered on CEO cast (jan. 14) http://biz.yahoo.com/prnews/040114/cgw046_1.html

Virtual hardware on the radar... (jan. 14) http://www.stockannounce.com/default.htm

article from the CES scroll don and get pic also (jan. 14) http://www.geek.com/news/geeknews/2004Jan/fea20040114023430.htm

iBIZ Technology Corp. is Covered on Tech TV & CNN - PR Newswire (jan. 13) http://biz.yahoo.com/prnews/040113/cgtu053_1.html

NEW VIRTUAL KEYBOARD READY FOR PRE-ORDER NOW http://store.yahoo.com/ibizpda/

Video clips from CNN and CNBC showing the virtual keyboard! http://randombling.com/ibiz

Boston Globe jan. 12, 2004 http://biz.yahoo.com/prnews/040112/cgm043_1.html

"Technologies that could 'PROFOUNDLY' change handhelds": http://www.brighthand.com/article/Six_Hot_Technologies?site=Learn

"Today we have a backlog of orders for the Virtual Keyboard with new national retail chains." (11/11/2003) http://biz.yahoo.com/prnews/031111/latu114_1.html

VKB Info http://www.matimop.org.il/newrdinf/company/c5188.htm

Virtual Keyboard Patent Info Link http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/search-bool.html&r=1&f=G&l=50&co1=AND&d=ptxt&s1=laser&s2=VKB&OS=laser+AND+VKB&RS=laser+AND+VKB

Also: http://www.delphion.com/details?pn=US06650318__

"the Company intends to acquire the Input Device Activities of Endeavour Capital AG in return of shares in the company; this transaction does not, under Nevada law, require the consent of shareholders. This will be accomplished by the issuance by the Company of 11,200,000 shares of common stock to Endeavour Capital AG, in exchange of 100% of the input device license agreements currently owned by Endeavour." http://www.sec.gov/Archives/edgar/data/1269155/000109432803000311/ibizinc10sb110503woex.txt

"The planned capital structure in iBIZ Inc. has allowed us to enter into a definitive agreement to acquire the assets of Endeavor Input Devices, a subsidiary of Endeavour Capital AG, headquartered in Zurich, Switzerland with operations in Tel Aviv, Israel. EID designs and manufactures virtual technologies and will bring a myriad of new innovation to iBIZ Inc. EID has begun mass production on its VKB Virtual Keyboard ( http://www.vkb.co.il/1.jpg ), which projects a fully functional keyboard on to a flat surface. The VKB interfaces to a variety of devices such as PDA's, Tablet PC's, Cell Phones and other devices, which are performance enhanced by data entry from a keyboard. No larger than a disposable cigarette lighter, the VKB is truly the most innovative keyboard product to come to market. Endeavor and their products will continue to enhance iBIZ Technology's road map of innovative PDA and computer accessories".

EID will provide cross distribution with iBIZ Technology as EID will sell and distribute iBIZ branded products in Europe, Africa and the Middle East. iBIZ Technology Corp. will maintain the sole and exclusive distribution rights to EID products in Asia, North and South America." http://www.ibizpda.com/corporate/release/releasejuly23_03.html

Investor's Hub DD page (highly reccomended) http://www.investorshub.com/boards/board.asp?board_id=2197

Why people bash stocks http://messageboardfools.com/bashers.htm

yahoo Pr newsreleases from IBZT

Fri Jan 9 IBZT.OB iBIZ Technology Re-Enables Web Sites After Huge Demand Brings Them Down - PR Newswire
Thu Jan 8 IBZT.OB iBIZ Technology Launches 1st Standalone Virtual Laser Keyboard for PDAs - PR Newswire
Mon Jan 5 IBZT.OB iBIZ Corp. Resolves Website Virus Problem - PR Newswire
Mon Jan 5 IBZT.OB iBIZ Corp. Is Nominated for 'Best of Show' CES Award - PR Newswire
Wed Dec 31 IBZT.OB iBIZ Technology Corp. Is Covered On CNBC - PR Newswire
Tue Dec 30 IBZT.OB iBIZ Corp. participates in the International Consumer Electronics Show 2004 - PR Newswire
Thu Dec 18 IBZT.OB iBIZ Technology Selects S&S Public Relations - PR Newswire
Wed Dec 10 IBZT.OB iBIZ Technology Ships an All-in-One Sleek Case & Keyboard for PDA's - PR Newswire
Wed Nov 12 IBZT.OB iBIZ Technology Corp. Clarifies iBIZ Inc. Spin-Off - PR Newswire
Tue Nov 11 IBZT.OB iBIZ Technology Corp. Reports Sales Volumes Reach Two Year Highs - PR Newswire

Other noteworthy DD:
http://www.mobigeeks.net/stories.php?story=04/01/02/7690674
http://www.brighthand.com/article/iBiz_Releasing_Virtual_Keyboard_Soon
http://www.stockz.com/allpicks.asp
http://story.news.yahoo.com/news?tmpl=story2&u=/040110/ids_photos_ts/r3315988972.jpg&e=8
http://www.geek.com/news/geeknews/2003Dec/bpd20040106023324.htm
http://www.pocketpcwire.com/brief.asp?5538
http://www.pocketpcthoughts.com/forums/viewtopic.php?p=199831&sid=e1e46fbe83ad8edbe378911c1268e924
http://www.overclockersclub.com/newscomment.php?article=7328384