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Strategies & Market Trends : Tim'$ Thoughts And Picks For Maximum Returns: By Tim85gt $

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To: Tim85gt who wrote (1028)5/15/2004 2:12:24 AM
From: Tim85gt  Read Replies (1) of 1056
 
called IBII subsidiary GLCD got some info:))
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Global Debit Cash Card Inc.

Global Debit Cash Card Incorporated:

75 Chestnut Ridge Road Suite #100

Montvale, New Jersey 07470

Toll Free @ (866) EZDEBIT (866-393-3248)

or (201) 573-1100

Fax # (201) 476-9282

Toll free called lady answered and I asked for investor relations- transfered to a man and heres basically what key points I got answered and what I calculate from them....

I asked him how IBII will get revenues through them - he said - IBII owns 60 mil shares so if there stock rises IBII value of stock will rise too

IBII received 60 mil shares of there subsidiary that trades now on the pinks under GLCD - .04 a share right now

60 million shares of GLCD that IBII owns is worth 2.4 million dollars currently................................ <- calculation here:)
60 million shares of GLCD stock in there subsidiary currently .04 cents a shares = $2.4 million

Now be interesting if IBII turns out to move there market cap up to the value of that since they would be valued more owning shares that are worth $2.4 million or whatever GLCD there subsidiary trades at........

IBII with a $2.4 million market cap would be about .003 to .004 cents for example........

we shall see looking ahead:))

The rest of the conversation was mainly the subs business INFO ............

Just some info I got with my thoughts and calculations
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