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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » IBCX - Ibac Corp. (DD included) (Page 2)

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Author Topic: IBCX - Ibac Corp. (DD included)
NomarKash
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I was thinking the same thing. But volume actually doubled since your last post. Price spiked for a little bit but back to the open price.

Of course this isn't moving now that we all have it in our accounts and are ready to trade [Smile]

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NomarKash
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Spread is weakening - watch it.
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moosehead9nc
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i wonder how long this run is going to last
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NomarKash
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so do i
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amanick
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won't last long it will flutter the rest of the week. When the next news comes out if it is positive then I think we will have a spike. Having said that the divedend date is unknown and shares will be given we should see some kind of action with this. I belive that we will have one more r/s before or at the end of the summer before we move to the other board.
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NomarKash
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what would be the purpose of another r/s in only a few months?
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mv
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Where is the widely-expected post rs crash?The pps is going up.Conventional wisdom doesn't work for ibcx.If they announce audit and filing,we will see 10 cents very soon.
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going for gold
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0.014 :-)
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going for gold
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dividend date 24/3/2006, pay date 31/3/2006
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mikensay
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IBAC Corporation`s Announces 15% Stock Dividend Effective Date and Mail Date

March 15, 2006 11:24:01 (ET)


NEW YORK, Mar 15, 2006 (BUSINESS WIRE) -- IBAC Corporation (IBCX.PK) announced today that the Board approved 15% stock dividend will be paid effective March 24, 2006 and will be paid and mailed out on March 31, 2006.

The company has not filed for any new regdex/504 and will not do so; the decision was made after long discussions with our advisors. We believe the action will enhance the value of the company and will help create a stronger balance sheet/audit when we apply to the OTCBB for listing.

The reduction in the authorized shares has been filed with the Secretary of State of Delaware this week. This will leave the company with 200 million common shares authorized and with the 15% stock dividend 172,500,000 million common shares outstanding, the balance of 27,500,000 million common shares will remain in the company's treasury and will not be liquidated.

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It's choice - not chance - that determines your destiny.

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going for gold
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0,016 ,love to see it
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unreal33
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What does it mean "The company has not filed for any new regdex/504 and will not do so;"
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mikensay
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quote:
Originally posted by unreal33:
What does it mean "The company has not filed for any new regdex/504 and will not do so;"

I believe it is a Regulation D Sec filing. Someone correct me if I'm wrong but I think it deals with the company being able to add additional shares via other financing methods. So, if I'm correct then this leaves the door open to them being able to use the shares in treasury if they need to.... Oye, not very clear, I'll see if I can dig up a better explanation.

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It's choice - not chance - that determines your destiny.

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unreal33
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Thanks, I'm debating dumping now at a loss or holding on for OTC...
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going for gold
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what do you have to lose unreal,things can only get better,i'm in this since 10/2004 finally i'm thinking,this is finally going the right way
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Bigrod40
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Hav'nt lost nothing if you don't sell
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unreal33
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well, I guess I see a lot more future in PBLS, and I want to buy more while its low... on the other hand I was at one point a true believer in ICAN, and it would be cool to see it through to some green
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NomarKash
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i've got a lot of money tied up into IBCX - if it rises over .02 i may be out and buy back in on dips or after the otcbb move. i just fear the hype will die down and ed will continue to lie.
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mikensay
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I break even at .022 now and have been in for over a year now.

If they announce filing for moving to OTC by months end, as they PR'd by the end of first qtr and before R/S and new ticker, then I think this should be good to hold but if no announcement happens I believe they'll lose traction.

Still, it's so nice to see my losses narrow. It's been a hell of a ride.

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It's choice - not chance - that determines your destiny.

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NomarKash
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my break even point is .016 so i'm watching the price closely. i still believe in ibac - just not its leader.
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mikensay
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Damn Nomar. You are right on the cusp. I'm guessing you bought late summer last year?

I bought based upon a lot of the PR's late 2004 and early 2005. I really drank the coolaid and was hoping the price would have gone up to penny land. Then dilution, then missed promises on PR's and company purchase backouts etc... pretty soon we hit bottom and here we are.

I do think this will be a great company just thought I'd be sittin a little better by now.

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It's choice - not chance - that determines your destiny.

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NomarKash
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i bought everywhere from .0001-.0004 starting in the fall of 2004. i've been able to price average pretty low thankfully.
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mikensay
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Does anyone else think it's odd that the company doesn't update their website very often?

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It's choice - not chance - that determines your destiny.

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moosehead9nc
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my break even point was .01 , so i'm just riding now.
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MrsRuth
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Anyone else having problems getting into their scottrade account this morning?

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You can learn many things from children.......... How much patience you have, for instance.
Wealth and children are the adornment of life. I have 5 children and 32 day care children now working on the wealth part. heheheh

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MrsRuth
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Ok whats going on I cant even get trading quotes for today on IBCX from Equity Alliance....?

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You can learn many things from children.......... How much patience you have, for instance.
Wealth and children are the adornment of life. I have 5 children and 32 day care children now working on the wealth part. heheheh

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Bigrod40
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Zero Volume??
Maybe Eddie halted trading for the Blockbuster PR thats coming....LOL

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MrsRuth
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You are soooo not nice Bigrod lol

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You can learn many things from children.......... How much patience you have, for instance.
Wealth and children are the adornment of life. I have 5 children and 32 day care children now working on the wealth part. heheheh

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Bigrod40
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[Wink] Its ok to dream, isn't it MrsRuth??

LOL

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MrsRuth
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OHHHHH you ment it without a scarcastic tone... lol Dream away hun Dream away lol.
I did get into my Scottrade account just took more time then usual they must be having technical difficulties.... Surprise!!!!!!!!

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You can learn many things from children.......... How much patience you have, for instance.
Wealth and children are the adornment of life. I have 5 children and 32 day care children now working on the wealth part. heheheh

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NomarKash
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i do love how a 20,000 buy raises the stock almost 15%
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NomarKash
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scottrade is working fine for me mrs. ruth.
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MrsRuth
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Mines showing now too Nomar. Just took some time to get into it today. Still dont explain the why the other sites i use for getting quick quotes are not showing IBCX at all for todays date. Scottrade is showing Volume 107,500 bid is .013 and ask is .015. Guess my buying at .011 is not gonna go through today huh? lol

--------------------
You can learn many things from children.......... How much patience you have, for instance.
Wealth and children are the adornment of life. I have 5 children and 32 day care children now working on the wealth part. heheheh

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amanick
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reason for another r/s is still to many o/s even though it was cut back I dont believe it was enough. Im believing that they will do so before the jump to the new board.Im almost certain that they want this to go to the new board at a much higher price then what the last r/s was able to accomplish.
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MrsRuth
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Well I have to get back to finishing my business plan.. I have an opportunity to open a day care center…. That is if I can find some crazy person to loan me $400,000.00 for the next 10 years… Not sure if offering a profit of $200,000.00 at the end of the 10 years will raise any potential investors?? Any thoughts?

--------------------
You can learn many things from children.......... How much patience you have, for instance.
Wealth and children are the adornment of life. I have 5 children and 32 day care children now working on the wealth part. heheheh

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