"I see now the 107% cost on sales"

This figure needs to be reduced by a
minimum of fifty percent before Ibiz
will ever turn a profit. Additionally,
they will have to create a minimum of
a thirty percent gross profit margin
for any products sold, to profit.

Ibiz will have to reduce infrastructure
costs, reduce number of employees and
cut costs in other areas. They cannot
do this to any effective degree. It is
not possible for them to reduce their
unacceptable high sales costs.

They have yet to produce and sell any
product at a profit over years. I am
skeptical they will suddenly change
this historical pattern of high losses.

"and sales"

According to Schilling there have been
no sales, no keyboards have been produced
for retail shipment and he indicates he
does not know when keyboards will be
produced and shipped.

I am curious why you claim sales of keyboards.

"On the $24M accumulated debt"

Should I give you twenty-four million
dollars, do you think you could create
a profitable company? I certainly could.

Ibiz has brought in twenty-four million
dollars, has had years to work with this
incoming money, and has yet to generate
any revenues worthy of mention. They have
actually done the opposite, generating
multi-million dollars in losses year
after year. Something is very wrong.

"I did look at the SEC fraud charge"

Schilling overtly defrauded investors.
His intent is one of malice and deceit.

To draw the attention of the SEC and
to be both sued and fined by the SEC
indicates Schilling was engaging in
serious criminal activities. It is
very difficult to be caught engaging
in securities fraud; the SEC is lax.
His criminal activity is more than
enough to cause a prudent investor
to not invest, regardless of potential
for profit.

"still has not been backed up with fact"

Most consider SEC filings to be fact,
within the limits of company lies.

Clearly you consider SEC filings to not
be a factual basis. What information do
you consider to be factual?

"Lead me to the promised land"

I am not your savior.

I am curious why you claim sales of keyboards
The filing was thru Oct. it does not indicate any pre-orders, keyboards are being produced and I thought Mid March was the latest ship date. And why are you curious about my claim? Am I part of the conspiracy to you?
Trust me I have no black helicopters to chase you with! Your quote:Ibiz has brought in twenty-four million
dollars, has had years to work with this
incoming money, and has yet to generate
any revenues worthy of mention. They are working in a niche market with a lot of low dollar items that aren't going to do much but they have also aquired other companies with better products and are going to market with them. I just don't feel like that should be ignored. Your quote:Clearly you consider SEC filings to not
be a factual basis. What information do
you consider to be factual? Clearly you didn't read what I said. I do consider it factual and something to be weighed. Here's your quote again:"There exists many danger signals, some of
which are extremely serious and of a clear
criminal nature" Is YOUR term "Many" a singular term or was it a plural term. I read it to be a plural term, yes? Please if you have plural concerns please list them, if your concerns are of a singular nature please do not use plural statements. You also did not explain how it is that you know that dilution will continue even though the company has said it will not. Purl, I'm not trying to get in a pissing contest with you, you win! All I want is good facts to make a judgement. And I never asked you to be my savior, what I asked is if IBZT is such a piece of crap as a long term investment please show me how to identify a diamond in the rough. Show me what a good long term penny investment looks like. And for all our sake don't be so condescending. I'm sure no one one this board has the brilliance that you do but some are a lot more considerate than you. If all you want is to humiliate me with my lack of knowledge And point out how stupid I am and how smart you are. Here I am. Humiliate me. That's what we're all here for. Humiliate me.

"Here I am. Humiliate me."

It would be inappropriate of me
to steal your thunder. You are
doing just fine on your own.

Truth lies somewhere between those two.

None, including myself, know where Ibiz
is headed. Might be wild profits, might
be Chapter 11 bankruptcy. Most likely,
same as truth, somewhere between.

I become concerned when I read what appears
to be and displays the earmarks of a classic
pump and dump scheme.

Almost all I read is very positive and a
lot of hype based on nothing. My insight
is nothing more than presenting information
most want to avoid and most would rather
not have discussed, to point of anger,
personal attacks, attempts at censorship
and other inappropriate activities.

These strong inappropriate reactions do
suggest to me many fear truth and want
none to learn of truth.

My insight is a counterpoint but is not
absolute truth. Mine is just a viewpoint
different from the majority and is an
opinion many do not want me to share.

Purl Gurl

Jim Cramer, during a radio talk show last
Sunday, reinforced my notion with comments,
which I have paraphrased not remembering
his exact words,

"When stock prices are a few pennies, there
is a reason; something is not right."
http://www.thestreet.com

You wrote,

"hopefully we will all be able to play nice when its over!"

There is never an excuse to not play nice.

I play firm but fair.

Purl Gurl