Hutchison Harbour claims worldwide rights.

Ibiz claims to have its own manufacturing plant.

Endeavor Input Devices is now in there.

VKB appears to be selling licenses to
anybody and everybody.

There are still a lot of countries not
coverd by licenses based on what I read.

One or more of these companies is being
less than honest, yes?

if IBZT is such a scam.. why don't you sell short 100 millions shares or something along the line?

come on.. 100 million shares..What's 100 million shares for a millionaire? Almost next to nothing. if IBZT goes bankrupt, you'll make millions. Better still, keep selling short till it goes bankrupt.

In any case, remember...you reap what you sow. Sow evil and reap destruction.

Anybody know precisely whom is making and
selling this keyboard? How many companies
have been given worldwide rights?

Something is way wrong here. Based on this
news release, there are lots of conflicts
with prior claims by various companies, if
those claims are being related correctly
within this thread.

What is your opinion?

Boy Howdy, this story of Ibiz is becoming
very convoluted.

Is it true Ibiz only has five employees?

Ibiz currently reports cost of sales as
being one-hundred-seven percent.

Last year losses, just over six-million dollars.

Assuming this news release to be truthful,
Ibiz has a lot of competition. Their cost
of sales will have to be cut in half, minimum,
and they will have work with a thirty pecent
minimum gross profit on keyboards. This will
be really tough to overcome a six-million
dollar loss, tough to break even, at that.

If it is true they only have five employees
and little infrastructure, how will they
cut cost of sales in half?

Should Hong Kong beat them to the punch?

Appears Hong Kong is a wholesaler offering
these keyboards worldwide. They appear to
be a really huge corporation which suggests
a lot of retail contacts and customers.

Overall, I see a market for Ibiz so small,
they have little chance of being profitable.

If these other companies "wine and dine"
retailers better, Ibiz is out to lunch,
at McDonalds.

Your thoughts?

Purl Gurl

Clearly this is not for keyboards because
Schilling indicates no keyboards have been
manufactured for retail, as of a week or
so back. He indicates he does not know
when keyboards will actually move into
retail production.

So, I am basing my comments on their sales
people or person, as generating sales losses
beyond cost of goods. Clearly they will have
to cut cost of sales to impress investors.

This is why it is important to determine
total number of employees and type of
infrastruture costs to determine if they
can actually reduce cost of sales.

This news release is a big can of worms.

If somebody insists on beating a dead horse, nothing you do or say will deter it.
Logic and explanations will only work on those who are willing to listen.

This is today's amendment if you want to read,
http://www.sec.gov/Archives/edgar/data/1079893/000114420404002210/form10qsb.txt

However, they will not collect revenue until
products are shipped, or not until sold, both
depending on what type of contract is inked.

I am more curious why Schilling uses a pronoun
"our" in reference to a manufacturing plant.

This news today suggests the Israel plant is
proto-type only, or is making the keyboards
for Ibiz. If Israel is selling the keyboards
to Ibiz, and Ibiz selling to retailers, then
Ibiz would be earning a very low profit margin
being in a wholesale position.

This Hong Kong outfit claims to have their
own manufacturing plant, indicating they
might even with or ahead of Ibiz on making
these keyboards.

What a mess and what confusion this news
release has created.

Haven't read today's amendment to discover
what is in there.

Could be some costs reported are associated
with the keyboards. I really do not know
and won't unless Ibiz makes direct reference.

Neo, I don't own Ibiz and will not become
an investor. Nonetheless, this is all quite
interesting to me, and hope for you as well.

Again, this news today creates a lot of
contradictions for what is widely believed
about Ibiz and what they are doing.

I'll be around over the next days, after
some of this is digested and after others
express their opinions.

Most interesting!

Yes, Neo, I also visited the Hong Kong site
right off to find what is there. Lots of
dead links as you say.

They appear to me to be a wholesaler, this
is, a "middleman" who sells products to
retailers. I don't think they retail at all.

It is true, God, in Her infinite wisdom,
is the only One who knows.

Ciao!

Purl Gurl

Doing so is bad Karma.

See ya later on.