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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: mark collins who wrote (12601)10/26/1999 6:37:00 PM
From: myturn   of 150070
 
IBUI, I want to bring you up to speed on it. News expected in the next 24 to 48 hours.

Auctionwinner.com site to be announced and opened shortly.
Net2Loan.com site to be announced and opened shortly.

IBUI is very close to finalizing a deal with a computer company to offer some type of free internet access or free computer marketing deal or free ISP service.

They are very close to it happening. I talked to them about it today. Retail Giant is a given, but won't say with who.
All shares in these deals will be restricted stock.

The company believes they have been shorted down to these levels and the shorts are starting to cover. They did say they got a call from a couple of individuals who want to buy extremely large blocks of the stock in the tune of 6 million shares. They would not sell them any stock.

The preferreds still owe the company 1.75 million and are paying it out quarterly. All of the preferred stock is in Iron Horse Holdings and not one share has been sold. They owe more that 11% of the OS, so if they do to go to sell any shares, they have to file with the SEC.

Also some great DD by some others on the RAGING BULL thread.



I HIGHLY RECOMMEND CALLING Albert Reda, C.E.O., 949/833-0261! He answers the phone and is very
informative!
WE HAVE A REAL TIGER BY THE TAIL HERE!! IBUI is attacking the internet business and DOING IT
RIGHT! IBUI is NOT interested in Hyping at all! Just growing the business! He also said that his speech
on the website is ACCURATE! They are pursuing the computer/ISP package deal in order to sell the ISP
service! NO COMMENT on the "national Retail chain".

Jay
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