Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Taki who wrote (142414)	3/4/2005 9:48:44 AM
From: StocksDATsoar	Respond to of 150070

WOW..LOOKS LIKE WINN DIXIE AND WALLMART WILL HAVE A LOT OF NEW EMPLOYMENT APPLICATIONS ON THEIR TABLE. WHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAT tc

To: Taki who wrote (142414)	3/7/2005 10:20:31 AM
From: M0NEYMADE	Read Replies (1) \| Respond to of 150070

,,,,,,,ALERT: ICAN news

To: Taki who wrote (142414)	3/9/2005 12:53:29 PM
From: M0NEYMADE	Read Replies (1) \| Respond to of 150070

ICAN NEWS!!!! NUCLEAR KAAAAABOOOOOOM!!!! IBAC Corporation to Retire Six Billion Common Shares for the Intent to Offer the Common Shareholders Dividends Wednesday March 9, 12:17 pm ET NEW YORK--(BUSINESS WIRE)--March 9, 2005--IBAC Corporation, (Pink Sheets:ICAN - News) announced today that it's CEO, Mr. Edward W Hayter, will retire 6,000,000,000 shares of his personal ICAN common stock in exchange for a class of preferred stock. The Company's intent is to offer dividends to the common stock holders, which dividends will not be offered to the insider preferred shareholders. This measure is taking place to position the company for an eventual sale or merger of one or more of its subsidiaries to a fully reporting OTCBB company. IBAC Corporations board of directors has agreed to retire the ICAN shares to the treasury. The 6,000,000,000 shares are ICAN common stock. Mr. Hayter will obtain a class of preferred stock with majority voting rights. The retirement of the stock will occur within the next month and is subject to all SEC and regulatory statues. "This non-dilutive measure will bring an increased value to our shareholders," said Hayter. "Our long term plans include negotiating and putting contracts into place to ensure longevity for our company and, as this occurs, we will take steps to bring further value to our shareholders." About IBAC Corporation IBAC Corporation, a food and beverage services/restaurant/hotel/entertainment holding company based in New York, NY. Operating through its subsidiaries, The Sanibel Restaurant Group / National Hospitality Management Service/ The Royal Entertainment Group and The Royal Arkansas Hotel & Suites IBAC intends to grow aggressively throughout the next three years, through acquisitions, mergers and the building of new establishments. Forward Looking Statements: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the restaurant industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. -------------------------------------------------------------------------------- Contact: IBAC Corporation Investor Relations 718-891-8188 IR@Ibaccorp.com