"This suggests dilution via conversion."

This is now happening, yes? Looks like
dilution based on volume.

A delayed 10Q to keep prices high for
conversion dilution, maybe?

Bart - you're a better man than I !!! I WISH I had the ba_ls to trade this thing - I'd be RICH now!

I'm in for the long haul - The way I look at it is what's the difference wether people got in at .0164 like me, and I was way to late then after knowing about it; or .06 or 08 when, imho, this gets to .20+ ?

I think the rest of the CD shares are being dumped today like Friday - and the MMs are keeping it down purposely til all the dumping is done - all - jmo.

Good luck to us all,

Dave Munday

Ken,

It was my understanding that there was to be " no more dilution"
however

THURSDAY- 83 MILLION NEW SHARES WERE ISSUED

FRIDAY-54 MILLION NEW SHARES WERE ISSUED

As a shareholder, please explain.

James

James,

Just happened to check my mail and noticed this message from you. It is true, we have settled all the convertible debt, however, it was settled by allowing the debt holders to convert out completely. In that regard, there
will be additional shares issued, however, nothing that even closely resembles the dillution our company has seen over the last six months. James, had I not put my foot down on the debt holders, we could have
easily seen over three billion in the OS.

That being said, we're extremely pleased that the debt holders accepted a greatly reduced conversion rate and to that end, the debt is gone with the exception of Laurus Master Funds who have agreed to a lock up until the
end of March on their remaining balance. At that point they can begin converting with a 20 day look back at the share price. Hopefully, we can hold at or above were we're currently at today and if that is the case,
we'll see less than twenty million more shares put into the market in March. Beyond that, we have a consulting agreement that allows the consultants to exercise options. The good news about that, is when they do exercise it puts a great deal of money into the company. The company is in the bestshape it has been in for four years and I anticipate it to continue to
improve.

Thank you for your investment into IBZT and your confidence to do so.

Regards,

Ken Schilling

My opinions offered on this stock quite
some time back, are coming to past.

quote:

---

Originally posted by OilMan:
I hold 1.5 million now, lets see how many we hold as a group.....

---

I also agree with Purl regarding the email 'supposedly' from Ken Schilling. If the email is legit, and I were a shareholder, the text would definetely NOT install confidence in me.

The company is in the bestshape it has been in for four years and I anticipate it to continue to improve.

He sure sounds really confident. Not.

I will speak my mind as I please.

Everyone is entitled to their opinion. This board as a whole is super - with MOST people getting along - or at least agreeing to disagree; and not like the nastiness and obnoxious people (many - not all) on RB. I post there on UVCL often, but posting on Ibiz is futile - there are over 1000 posts a day on that thread - and 950 of them are nothing but BS. Pumpers, Bashers and Idiots!

PG: Again another one who does not know what I am! I have stated in a lot of post that I am a BULL big time. I am not no pump and dump promotor! And I do not think that there is a criminal behind every door! No what I am and not what I am not! Misleading people you better look at yourself. If investors followed the others own this site that stated that they thought this was a good stock look at the money they would have had! If they followed you look at the money they would not have. But, we are all wrong and you are oh so right! My friends where I live, are super happy about me telling them about this stock! End of subject and this Bull will continue! Will put all my money back in tom and get a heck of lot more shares as I have done many times before! I will comment no more on anything that you or true says!

[This message has been edited by Bart (edited February 03, 2004).]

iBIZ Corp. Participates in CeBIT
Tuesday February 3, 9:38 am ET
iBIZ Will Highlight Their Virtual Laser Keyboard in Germany

PHOENIX, Feb. 3 /PRNewswire-FirstCall/ -- iBIZ Technology Corp. (OTC Bulletin Board: IBZT - News), a leading manufacturer and distributor of accessories for personal digital assistants (PDA) and hand-held devices, will exhibit at CeBIT in Hanover, Germany from March 18th 2004 - March 24th 2004 in the USA Communications Pavilion Booth # A12.
ADVERTISEMENT


iBIZ will introduce their Virtual Keyboard for handheld computing devices operating on Palm and Windows operating systems. iBIZ Virtual Laser Keyboard attaches to PDAs and projects the image of a full-size keyboard onto a flat surface, making it easy to input text without a physical keyboard.

"We are excited to be apart of this year's CeBIT," said Ken Schilling, President and Chief Executive Officer of iBIZ Technology Corp. "This past January, the Consumer Electronics Show was a huge success for iBIZ. We received tons of media coverage and attention from prospective partners/customers. We expect the very same response from CeBIT."

iBIZ will also showcase their FMpocketRADIO, the industry's first FM Radio for the PDA Market. Now both Palm & Pocket PC users can tune into FM Radio anytime & anywhere. At the iBIZ booth, visitors will also be able to see their XELA Case/Keyboard -- the only keyboard on the market that is designed for conventional two-handed typing as well as single-handed input. iBIZ's patented design also allows the XELA Keyboard to transform into a Case for your PDA right before your eyes.

About iBIZ Technology:

iBIZ is a leading manufacturer and distributor of accessories for personal digital assistant (PDA) and hand-held devices. iBIZ is recognized for innovative, high-quality, competitively priced products available through major retailers. For more information on iBIZ products and services, please visit www.ibizpda.com , email sales@ibizcorp.com , or call 1-800-234-0707.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward- looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov ). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

--------------------------------------------------------------------------------
Source: iBIZ Technology Corp.