posted
how can people not be confident in this company. they own REAL assets and try to aquire REAL assets....
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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posted
Ridgeland, MS, MAY 16, 2005 (EventX/Knobias.com via COMTEX) -- IBAC Corporation (ICAN) announced that its Board of Directors has approved the go ahead to negotiate an increase to its credit facilities for up to $20 million from a group of private investor/lender's and Banks.
GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by at least 10 minutes. To get all Knobias alerts in real-time daily, visit http://www.knobias.com/cmtxPosts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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posted
Ibac Corp. Ceo Edward Hayter, has been given a raw deal by the posters to the net over the past few weeks. I believe that its because of the PPS and the number of day traders and manipulator, who own shares or have a naked short. I have spoken with Ed many times over the past several months and on more than one occasion he has expressed his dismay with shareholders who invest and expect a profit in hour or days. "Do these people think a company with a $100 annual revenue is built over night?" It seems to me that Ed is working very hard to grow ICAN, and that he should be given the time to do so. Presently he is working on many acquisitions and any one of them could increase the PPS. As stated in press releases here's a list: Two currently operating Sanibel Steak Houses in Fl, and a $13.5 million dollar restaurant chain in Arkansas, Two Hotels, one in Memphis and, one in Detroit, and another restaurant in Fl, with a stated income of $4. million dollars annually. Also at this time there is a $1 Million dollar renovation being done to The Royal Arkansas Hotel subsidiary while it generated $113k in April 05. The Fort Myers, Sanibel Steak House subsidiary also generated a healthy $175k in April 05! The National Hospitality subsidiary's income will the stated at the end of the quarter and the Monarch Entertainment will start to generate income in May 05. It seems to me that there are many income generating assets being perused and that ICAN's PPS will follow!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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quote:Originally posted by rickpic: Divy Shares are in Ameritrade accounts!
Still waiting for E-Turd to get updated.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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quote:Originally posted by rickpic: Divy Shares are in Ameritrade accounts!
Still waiting for E-Turd to get updated.
LOL me too. Is it me or do they always seem one step behind
Only one step, its more like 3-4 steps behind
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
Pictures and Hotel info added to micropennys Just click the hotel pictures for further details on the hotel about to be bid on at auction by IBAC Corp on 5/25/05
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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thanks for the info on the hotel looks like another good pick up if we can get it.
Posts: 629 | From: new england | Registered: Feb 2005
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"We are very excited about this proposed increase to our credit facility as this will allow us to accelerate certain proposed deals we have been looking at and to seek additional acquisitions for the company," said IBAC's Chairman Edward W. Hayter. "We feel that with our solid performance, strong outlook and cash flow that now is a good time to complete other certain deals that we have been looking at and that are on the table now, to grow the company."
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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"We are very excited about this proposed increase to our credit facility as this will allow us to accelerate certain proposed deals we have been looking at and to seek additional acquisitions for the company," said IBAC's Chairman Edward W. Hayter. "We feel that with our solid performance, strong outlook and cash flow that now is a good time to complete other certain deals that we have been looking at and that are on the table now, to grow the company."
I really hope they get that restaurant down in Florida. From what the guys are saying over on Pal Talk (some of them have been there), that would be an incredible addition to IBAC. I don't know what the name is but from what they are saying on Pal Talk, it is a nationally know restaurant.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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"We are very excited about this proposed increase to our credit facility as this will allow us to accelerate certain proposed deals we have been looking at and to seek additional acquisitions for the company," said IBAC's Chairman Edward W. Hayter. "We feel that with our solid performance, strong outlook and cash flow that now is a good time to complete other certain deals that we have been looking at and that are on the table now, to grow the company."
I really hope they get that restaurant down in Florida. From what the guys are saying over on Pal Talk (some of them have been there), that would be an incredible addition to IBAC. I don't know what the name is but from what they are saying on Pal Talk, it is a nationally know restaurant.
No one in Pal Talk knows the name either?
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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"We are very excited about this proposed increase to our credit facility as this will allow us to accelerate certain proposed deals we have been looking at and to seek additional acquisitions for the company," said IBAC's Chairman Edward W. Hayter. "We feel that with our solid performance, strong outlook and cash flow that now is a good time to complete other certain deals that we have been looking at and that are on the table now, to grow the company."
I really hope they get that restaurant down in Florida. From what the guys are saying over on Pal Talk (some of them have been there), that would be an incredible addition to IBAC. I don't know what the name is but from what they are saying on Pal Talk, it is a nationally know restaurant.
No one in Pal Talk knows the name either?
Well, It's not that fact that they don't know the name but they don't want to start any false rumors. Ed has not said which restaurant it is that he is looking to acquire but there is someone on Pal Talk that has it on good authority which one it is but this person doesn't want to say what it is. All I know is that it is a Greek Restaurant.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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The company is currently negotiating another property/restaurant in Florida with revenues of $4,000,000 per year and expects contracts in the near future.
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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quote:Originally posted by rickpic: Is this what you are discusing?
The company is currently negotiating another property/restaurant in Florida with revenues of $4,000,000 per year and expects contracts in the near future.
yes. From the discussion that the Pal Talk guys had with Ed last week he said this is about 85% done.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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posted
i wish that they would buy a restaurant up hear in the great northeast hate the thought that i will have to travel to florida to eat in my new restaurant LOL
Posts: 629 | From: new england | Registered: Feb 2005
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posted
rickpic good to see you on the board again thought that you might have left us. great job on the new posts!
Posts: 629 | From: new england | Registered: Feb 2005
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posted
this all sounds good to me i know ican i know ican.still holding 4 million long and strong thanx for the great posts and all the dd guys.i appreciate your hard work.may this investment pay off great for all of us.lets plan and meet eachother at the hotel or restaurant when this stock hits the penny levels? sound good ?ican wait as long as it takes hehehe.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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Farmgirl: I do not have mine either from Scottrade, they have been "johnnie on the spot with the other splits I've had so it must be Ibac not delivering (?) What did Scottrade tell you when you asked?.... Just curious......
Posts: 216 | From: Florida | Registered: Feb 2005
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posted
i have not got e trades i called and they said when ever they get them they will be in my account. they also said with penny stocks who knows
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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quote:Originally posted by farmgirl: The day is over and I still do not have my shares. I will call again in the morning and see what Scottstrade says this time.
What was the issue date ?? I have ST and do not have anything.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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posted
TA said all shares were delivered today and everyone but Scott Trade and E-Trade traders seem to have gotten there shares! I got mine before noon today with Ameritrade!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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quote:Originally posted by farmgirl: The day is over and I still do not have my shares. I will call again in the morning and see what Scottstrade says this time.
What was the issue date ?? I have ST and do not have anything.
Got mine this AM
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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quote:Originally posted by farmgirl: The day is over and I still do not have my shares. I will call again in the morning and see what Scottstrade says this time.
What was the issue date ?? I have ST and do not have anything.
Got mine this AM
Got mine this morning too.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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