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Gold/Mining/Energy : IBI CORP IBIC (CDN)

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To: Chris K. who wrote (96)5/28/1998 11:48:00 AM
From: Doug Heuring   of 422
 
HI ALL,

THIS IS THE SCOOP ON THE CURRENT STATUS OF IBI:

IBI IS IN DISCUSSION WITH THE CDN.

IBI IS IN THE EXCELLENT POSTION OF HAVING MAJOR NEWS AND UPDATES AND MANY PROPERTIES. IT IS A MAJOR JOB TO KEEP ALL SHAREHOLDERS INFORMED AND UPDATED ON THE COMPANY PROGRESS.

THIS HAS NEVER BEEN A FOCUS OF IBI. IT NOW HAS TO BE. IBI IS MEETING WITH THE CDN AND WILL BE HIRING A CDN RECOMMENDED P.R. FIRM TO HANDLE THE INFORMATION FLOW.

FOR THE TIME BEING, IBI CAN STILL BE TRADED THROUGH YOUR BROKER, IT JUST WILL NOT SHOW UP ON THE BOARD.

IBI WILL HAVE A PRESS RELEASE IN THE NEXT FEW DAYS GIVING MORE DETAILS.

THIS IS A POSITIVE STEP.

UFO

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