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Old 01-02-2005, 10:33 PM  
ibill-fraud
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Join Date: Jan 2005
Posts: 65
Quote:
Originally Posted by MandyBlake
well if you read the press release it says that:
The consideration for the payment is twenty million IBD shares and a $1.0 million promissory note.
Their stock is at 0.51, so that would be about $10 million
So I don't understand what your point is with this.
IBD's share price will be under 10c soon and likely going down to 1c. So the 10 million could be more like $100,000 before all is said and done. That's if they are still trading which likely will not be in near future.
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