IGII.OB - is no longer valid. It has changed to IBIN.OB

[saffeysite1]

IBSG International, Inc., through its wholly owned subsidiary, Intellegent Business Systems Group, Inc. (IBSG), operates as a software provider, system integrator, and Application Service Provider. Through the licensing of its proprietary turnkey digital service center software, IBSG provides a range of digital budgetary; and administrative and commercial services, such as B2B, e-commerce, government to business, and enterprise business services on a single platform known as the NetPool Data System. IBSG markets the system to small business development centers, business organizations, Internet service providers, economic and workforce development projects, and educational institutions.

New uptrend.  Keep on watch.

[gmarc66]

Hey Saffeysite1, this is another one i had my eye on all day...it also had a nice steady climb the last couple of days and from the bottom.

Looks great to go for a nice ride up.

thanks,

julia

[gmarc66]

Early afternoon news caused a nice reaction thus far...i got in at .26..volume is very good. Up 42% so far.


2005-11-15 12:15:01 
IBSG International Announces Continued Record Profitability and Growth for Third Quarter 2005; IBSG International Reports 10 Cents per Share Increase For First 9 Months of 2005 Compared to the Loss of 9 Cents First 9 Months of 2004 


CELEBRATION, Fla.--(BUSINESS WIRE)--Nov. 15, 2005--


Fifth Straight Quarter of Profitability; All Business Segments
Continue to Grow

IBSG International, Inc. (OTCBB:IGII) (the "Company") is pleased
to announce the filing of its Form 10-QSB for the third quarter of
2005, which showed record profitability for the 5th straight quarter.
For the first 9 months of 2005, the Company recognized gross profits
of $3,497,176 as compared to gross profits of $1,839,853 for the first
9 months of 2004, an increase of $1,657,323 or 190%. Income from
operations increased $838,782 for the first 9 months compared to a
loss of ($3,112,732) for 2004. Net profits rose to $597,003 for the
first 9 months of 2005, as compared to a loss of ($3,301,652) for the
first 9 months of 2004. The substantial improvement in operations is
primarily due to implementation of various new projects and continued
expansion of existing projects that became revenue producing while
maintaining level operating expenses as the Company's income
increased.
During the three months ended September 30, 2005, the Company
recognized gross profits of $1,279,445 as compared to gross profits of
$1,012,759 for the same period in 2004, an increase of $266,686 or
126%. Additionally, deferred revenues increased to $980,968 as of
September 30, 2005, an increase from the deferred revenues of $940,505
as of June 30, 2005. Deferred revenues act as the continuing backlog
for the Company and only reflect the next fiscal quarter not the
entire future revenues of a contract. Income from operations for the
three months ended September 30, 2005 was $401,029 which is an
increase of $198,701 or 198% from the $202,329 recorded for the three
months ended September 30, 2004. Net income for the three months ended
September 30, 2005 increased to $274,007 from an income of $198,424
for the same period ended September 30, 2004.
For the first 9 months of 2005 net income per share rose to .10
cents compared to a loss of (.09 cents) for the first 9 months of
2004. Total shareholder's equity increased to $7,438,482 as of
September 30, 2005, an increase from the $553,656 reported as of June
30, 2005. The Company reported total assets of $8,909,726 as of
September 30, 2005, which was an increase of 109%, compared to the
total assets of $8,177,494 as reported in the second quarter of 2005.
Continued profitability demonstrates that the business strategy
continues to attain sustainable traction into the $6 billion markets
that are the targets for the various subsidiaries of the Company's
products and services.
Dr. Michael Rivers, CEO of IGII stated that: "The Company's
continued strong performance is due to a strong business model
combined with managed growth. The Company continues to grow
organically and we hope to expand our acquisition growth before the
end of the year. Our growth and positive performance is reflected not
only in the profitability reported for the fifth straight quarter, but
also substantial increases in every critical positive growth
indicator. Our projections for the year are based primarily on
business the Company has in hand and does not reflect some of the
tremendous opportunities we are developing both domestically and
abroad." The Company continues to execute its business plan of organic
and external expansion, and is in discussions with several possible
synergistic acquisitions at this time.

[gmarc66]

Closed up at 23%...not bad...not the HOD but, it did maintain a decent portion of its gains.

Also, this a.m the 10QSB was released.


hope everyone had a great trading day

julia

[gmarc66]

Ok...ended positively...not a chart expert..but, i think it looks good...chart experts please

Setravis..anyone...any chart advice. I heard on other boards this stock should do well..lets see if that will come true...oh please fairy godmother..make it true


thanks much!

julia

[gmarc66]

If there are any chart experts out there (ahhhhmmm...Setravis), or of course anyone that has any comments on this stock.  I have purchased this stock at .25 and now it has dropped a little. I don't want to sell this stock prematurely at a loss, as i have done so with several other stocks just to see them rise a couple of days or weeks later.

Wondering if anyone has any thoughts?

thanks very much,

julia

[setravis]

Good news,I would think this kind of news on the company and improvement in operations would send the stock price to higher levels, but what happen to the volume maybe the holiday weekend,Maybe next week will tell the story.
IBSG International Announces Continued Record Profitability...
showed record profitability for the 5th straight quarter.

Looking at the chart,has formed an Ascending Triangle (continuation) Pattern.
Had an attempt to breakout of this pattern but failed to hold.Came back down to the 50-dma produced a bounce back up.Maybe she was looking for support to give another go at a breakout.
Support @ 0.21...0.20...0.19
Resistance @ 0.22....023...0.27
MACD is bullish
Stochastic is bullish
Recent CandleStick Analysis
Very Bullish
Nov-25-2005 Bullish Engulfing 
Maybe these factors will help move it north, and the volume will come back in tomorrow morning.

[gmarc66]

Hi Setravis!

Thanks for your analysis!! Much appreciated

I will hold for a little while longer and see if it behaves as it should

thanks very much

julia

[wrangler]

Press Release Source: IBSG International, Inc.

IBSD To Open Technical Center in Ahmedabad, India
Tuesday January 24, 8:30 am ET 
Represents a Savings of $30,000 Per Year and an Increase of 10,000 Available Programmer Man-Hours Annually
Projected Revenue for IBSD of $1.2 Million for Year One

CELEBRATION, Fla.--(BUSINESS WIRE)--Jan. 24, 2006--IBSG International, Inc. (OTCBB:IGII - News) announced today that their subsidiary, Intelligent Business Systems Development is opening a technical center (tech center) in Ahmedabad, India. The new tech center will provide additional regional infrastructure to support projects in various African nations such as South Africa, possibly Malaysia and various domestic projects, save over $30,000 per year in man-hour and travel costs and allow for expansion of software development for various sub-contracting opportunities. Projected revenues for 2006 for IBSD are estimated at $1.2 million for one full year of operation. No assurances can be given that such revenues will be achieved.

IBSD, Inc. will provide on-going support of International's other subsidiaries, IBS Group and Secure Blue. The IBSD provides development, system support and secure data storage. IBSD will maintain offices in the US as well as India.

Mr. James Queen, COO of IBSD stated, "The new tech center will allow for expansion of our customer base and enable us to provide better support to other IGII subsidiaries. To increase efficiency and eliminate possible travel delays, the tech center can be an efficient jumping off point, should staff be requested to support projects on this side of the world. IBSD will also be positioned to close several possible software projects under discussions now which we hope to announce. These will establish IBSD as a substantial revenue generating company."

[gmarc66]

This stock has to move eventually...when...when?


Wednesday, February 22 2006 8:00 AM, EST

Connecticut Small Business Development Center Network Launching Online Business Community Project; Expected to Generate Over $10 Million Revenue Shared Between IBSG and CSBDC


CELEBRATION, Fla.--(BUSINESS WIRE)--Feb. 22, 2006-- IBSG International, Inc., (the "Company"), (OTCBB:IGII) reports that its subsidiary, IBS Group, Inc. is pleased to announce that the State of Connecticut Small Business Development Center (CSBDC) is preparing to launch the implementation of the Company's subsidiary IBS Group's (IBSG) digital management solution for use within the state's SBDC network. The projected revenues for this five (5) year project are $10,000,000. No assurances can be given that such revenues will be achieved.

The CSBDC will be branding the new system as the Connecticut Small Business Opportunity Center and will coincide with the launch of their new state SBDC website and new service offerings this spring. The project will be formally announced in mid-March to the SBDC organization and to other state economic development organizations who will also be participating.

The Connecticut Small Business Development Center Network operates in partnership with the University of Connecticut, the State of Connecticut, the United States Small Business Administration, and the private sector. The CSBDC's mission is to assist in the creation and growth of small businesses in Connecticut. The CSBDC provides one-on-one confidential business management counseling in all aspects of starting or growing a business. The CSBDC also conducts small business training and educational workshops throughout the state. CSBDC operates from 11 regional offices and their state headquarters located on the main campus of the University of Connecticut in Storrs.

Richard Cheney, Interim State Director of the Connecticut Small Business Development Center Network, stated, "We have been repositioning our presence within the state university system and the state small business community over the past year, and we are now ready to launch our powerful new website and online Business Opportunity Center for the benefit of our state economy. We welcome the involvement and support of IBSG in this extremely important project."

"We are pleased that our BizWorldPro digital service center platform will be the mainstay of the Connecticut Business Opportunity Project," said Alan M. Shafer, CEO of ISBG, "and we will be fully supporting their efforts in launching and promoting the project to the 90,000 companies that make up the business community of Connecticut."

About IBSG International, Inc.

IBSG International, Inc. is a holding company for three software subsidiaries: Intelligent Business Systems Group, Inc. (IBSG), a provider of turn-key digital service center software; Secure Blue, Inc., a Sarbanes-Oxley and security software solution provider; and Intelligent Business Systems Development (IBSD), a software development, maintenance and data storage company.

IBSG offers enterprise solutions designed to enhance the operating efficiency and create revenue for State Small Business Development Centers, business associations (e.g., Chambers of Commerce) and Fortune 1000 corporations through the licensing of its unique turn-key digital service center software, which provides a broad range of digital budgetary, administrative and commercial services (B2B, e-commerce, government to business and enterprise business services) on a single platform known as the BizWorldPro(C).

The Company also has a majority interest in a Joint Venture begun in January 2005 with The Knowledge Institute of New Hampshire to bring out a complementary product called myVBI(C), which utilizes BizWorldPro as its core and provides over 1,000 small business services supporting the concept of a virtual business incubator.

Secure Blue, Inc. provides a robust economical Sarbanes-Oxley (SOX) compliance and security software suite, Secure Blue SOX Pro. It is targeted at small and mid cap public companies as well as private companies requiring SOX compliance to enable them to continue working with public companies.

As software providers, system integrators and Application Service Provider, IBSG, Inc. and Secure Blue, Inc. generate their revenue from license sales, system modifications, and system support and a percentage of monthly customer fees. The typical IBSG/Secure Blue license agreement has a five-year term, but, being updated on an annual basis, is almost invariably renewed upon expiration (to date the Company has had only one licensee not renew, due to the expiration of the licensee's contract with their client).

IBSD, Inc. will provide on-going support of International's other subsidiaries, IBS Group and Secure Blue. The Company provides development, system support and secure data storage. The Company will maintain offices in the US as well as India and possibly Romania where current offshore development teams are located.

[gmarc66]

This stock did a little better today, closed up 10% on news. Volume was good..not fantastic, hopefully this will change.

Monday, February 27 2006 10:01 AM, EST

--------------------------------------------------------------------------------

IBSG International and Global Eagle Agree on Expansion With South Africa to Expand Commerce Trading Platform to All South Africa; Project Value Projected Revenues to Increase to US $50 Million Over 4 Years
Business Editors / Software Writers

CELEBRATION, Fla.--(BUSINESS WIRE)--Feb. 27, 2006-- IBSG International, Inc. (OTCBB:IGII), a holding company for three software subsidiaries involved in turn-key digital service center software Sarbanes-Oxley and security solutions, and software development, maintenance and data storage, announced today it will be expanding its Johannesburg Initiative to cover all of South Africa at the request, of that Country's Department of Trade and Industry (DTI) and the Industrial Development Corporation (IDC). Additionally, BAE Systems will fund part of the project from their international offset program. BAE is the principle shareholder of Global Eagle Strategic Empowerment Alliance Systems, the black empowerment partner of this project.

IBSGI projects the anticipated expanded initiative will likely generate revenues of approximately US $50 million over four years, with initial revenue of US $7.1 million. Of that, $4.5 will be for licensing and installation fees with the balance anticipated coming from project expansion through sub-licenses and monthly subscription fees per Small-Midsize Enterprise (SME). No assurances can be given that such revenues will be achieved and although definitive expansion agreements are expected to be executed, there is no guarantee.

The Partnership with South Africa-based Global Eagle Strategic Empowerment Alliance Systems, A Division International Limited and Galaxy Five (PTY), announced in December of 2005, will be working with 2 of IGII's subsidiaries, Intelligent Business Systems Development (IBSD), and IBS Group to roll out the project. IBSD, a software development, maintenance and data storage company, will implement the BizWorldPro(TM) system and provide technical support. IBS Group will work with Global Eagle and DTI to implement a public awareness campaign and provide direct marketing assistance to a broad range of in country business partners such as banks and business associations. Public awareness and marketing of BizWorldPro(TM) system will be integrated into the current public outreach programs of the Johannesburg Initiative as a value added service to the small-mid size and emerging business sector.

Dr. Michael Rivers, CEO of IBSG International, stated, "We are very excited about this expansion of a project that we see as a model for other countries. The international SME market is part of our long term strategy to eventually utilize the services of all of our subsidiary companies. Global Eagle and BAE offer other opportunities on the international markets. The demand for digital commerce and business management via the internet is as great internationally as it is domestically. IGII will focus this year on providing an international commerce trading platform or bridge between the SME markets both here and abroad. Utilizing the BizWorldPro platform combined with Secure Blue's Sarbanes-Oxley solution will make working with US public companies seamless and provide a broader range of opportunities for all of our subsidiaries."

About IBSG International, Inc.:

IBSG International, Inc. is a holding company for three software subsidiaries: Intelligent Business Systems Group, Inc. (IBSG), a provider of turn-key digital service center software; Secure Blue, Inc., a Sarbanes-Oxley and security software solution provider; Intelligent Business Systems Development (IBSD), a software development, maintenance and data storage company.

The IBSG offers enterprise solutions designed to enhance the operating efficiency and create revenue for State Small Business Development Centers, business associations (e.g., Chambers of Commerce) and Fortune 1000 corporations through the licensing of its unique turnkey digital service center software, which provides a broad range of digital budgetary, administrative and commercial services (B2B, e-commerce, government to business and enterprise business services) on a single platform known as the BizWorldPro (copyrighted).

The Company also has a majority interest in a Joint Venture begun in January 2005 with The Knowledge Institute of New Hampshire to bring out a complementary product called myVBI (copyrighted), which utilizes BizWorldPro as its core and provides over 1000 small business services supporting the concept of a virtual business incubator.

Secure Blue, Inc. provides a robust economical Sarbanes-Oxley (SOX) compliance and security software suite, Secure Blue SOX Pro. It is targeted at small and mid cap public companies as well as private companies requiring SOX compliance to enable them to continue working with public companies.

As software providers, system integrators and Application Service Provider, IBSG, Inc. and Secure Blue, Inc. generate their revenue from license sales, system modifications, and system support and a percentage of monthly customer fees. The typical IBSG/Secure Blue license agreement has a five-year term, but, being updated on an annual basis, is almost invariably renewed upon expiration (to date the Company has had only one licensee not renew, due to the expiration of the licensee's contract with their client).

IBSD, Inc. will provide on going support of International's other subsidiaries, IBS Group and Secure Blue. The Company provides development, system support and secure data storage. The Company will maintain offices in the US as well as India and possibly Romania were current offshore development teams are located.

[gmarc66]

The last news had some positive reaction to the pps, lets see if this will cause it to rise higher this time.

Monday, March 06 2006 8:30 AM, EST

IBSG International Executes a Letter of Intent to Buy A-Division IT Systems Limited; A-Division IT Systems Limited Has Projected Additional Revenues Of US$75 Million over Next 12-18 Months

CELEBRATION, Fla.--(BUSINESS WIRE)--March 6, 2006-- IBSG International, Inc. (OTCBB:IGII), a holding company for three software subsidiaries involved in turn-key digital service center software, Sarbanes-Oxley and security solutions, and software development, maintenance and data storage, announced today that it has signed a Letter of Intent to buy A-Division IT Systems Ltd. (A-Division), a United Kingdom based company and partner in IBSG International's (IBSGI) South African project. A-Division is a subcontractor to BAE Systems and provides IT projects for BAE's offset programs by establishing IT Hubs. The acquisition is a performance based transaction combining cash and stock that management has been informed is valued at approximately $4 million. It is projected that over the next 12-18 months this transaction will generate US$75 million. No assurances can be given that such revenues will be achieved and although a final acquisition agreement is expected to be executed, there is no guarantee.

A-Division is engaged in international business development and consultancy in the Technology sector and is a subcontractor for BAE System's offset credit projects around the world. The purchase gives IBSG participation in e-commerce platform projects for Small-Midsize Enterprises (SMEs) in countries beyond South Africa. IBSGI's relationship with A-Division and BAE has already brought the South African project and opportunities with similar projects in Saudi Arabia, Malaysia and India.

Dr. Michael Rivers, CEO of IBSG International, said, "This acquisition increases the market presence of both companies. As a unified entity, ownership of A-Division will effectively make IBSGi a subcontractor on BAE's numerous offset credit projects throughout the developing world and provide a broad network of contracts in South East Asia, China and Europe. BizWorldPro(TM) will be A-Division's e-commerce platform for all its future projects. This is right in-line with our strategy to focus this year on providing an international commerce trading platform and bridge international commerce between the SME markets both here and abroad."

Professor Steven Grigg, Executive Vice President of BAE Systems, commented that the e-commerce projects, "have been well received in South Africa." He added, "The South African government is keen to see these projects implemented as it is well understood that they will support the development of the local SME market, which is a key focus for the government. Because of the benefits BizWorld Pro brings to the SME developing markets, we are now in discussions with our teams in Malaysia, Saudi Arabia and India as well."

Thomas Lord Taylor of Blackburn, a director of A-Division IT Systems and member of the house of Lords in the UK, said, "We believe that these offset projects collectively offer significant benefits to governments around the world in supporting their industry development strategies and that sentiment has been shared by the UK government as well...We believe that the creation of an e-commerce trading network for SMEs, offered through the IT Hubs/BizWorldPro project provides rapid growth of new players in industries across the spectrum."

[gmarc66]

So far, doing well on news, as i type its up 25% on good vo...hoping it keeps going this week.

Monday, April 10 2006 10:12 AM, EST

IBSG International Announces Fourth Quarter and 2005 Year-End Financial Results; Full Year Revenue Tops $7.6 Million; Sixth Straight Quarter of Profitability; Earnings Per Share Increases $0.13 From 2004 to 2005

CELEBRATION, Fla.--(BUSINESS WIRE)--April 10, 2006--

IBSG International Will Host a Conference Call Today at 11:00Am EST

IBSG International, Inc. (OTCBB:IGII) a holding company for three software subsidiaries, announced today its financial results for fourth quarter and year-end 2005.

Revenue for the three months ended December 31, 2005 reached $3.8 million, more than triple the $1.0 million for the last quarter of 2004. Similarly, gross profit climbed to $3.7 million up more than 370% from $1.0 million in the three months ended December 31, 2004. This was the Company's sixth consecutive profitable quarter.

Operating income for the fourth quarter of 2005 rose more than nine-fold to $2.2 million from $202,329 in the same period prior year. Net income grew by a similar multiple, surpassing $1.9 million, $0.04 per fully diluted share, in the last three months of 2005 compared with $198,424, or $0.01 per basic share, in the same period of 2004.

Dr. Michael Rivers, CEO of IGII stated: "Fourth quarter 2005 represented a break-through for IBSG International and its subsidiaries. The going concern statement has been removed from our financials. The period accounted for roughly half our revenues and gross profit, and about three-quarters of our net income for the year. Also during that time, we set the stage for our achievements of first quarter 2006. We created and announced our partnership with South Africa-based Global Eagle Strategic Empowerment Alliance Systems and Galaxy Five (PTY) LTD. of Johannesburg that led directly to our projected $37 million (license and subscription fees) agreement with South Africa's Department of Industrial Development Corporation (IDC) to secure, implement, and promote the economic development trading platform, BizWorldPro(TM), in the Johannesburg region - which was expanded shortly thereafter at the South African government's request to cover the entire nation."

Rivers continued: "The fourth quarter of 2005 was also the period in which we were preparing for the opening of our technical center in Ahmedabad, India. This will not only save us $30,000 annually but also will allow us to service our client base around the Indian Ocean much more readily than would be the case from North America. It is a valuable selling point as we continue discussions with the Malaysian government and the UAE for a project very similar to our South African initiative."

He also said: "Since the quarter ended, we have continued progressing in the implementation of our business strategy. We have arranged to buy A Division IT, a move that will effectively make us a subcontractor on BAE System's numerous offset credit projects, such as the Malaysian initiative, throughout the developing world and provide a broad network of contracts in Southeast Asia, China and Europe. We are working with the State of Connecticut Small Business Development Center (CSBDC) and have launched the implementation of our digital management solution for use within the state's SBDC network. We also have simplified our receivables situation with regard to our business in Nigeria by selling the CAC contract to South Africa-based Galaxy Five (pty), Ltd."

Rivers concluded, "We have put in place many of the internal structures and made the necessary alliances to pursue our global business plan, and we have every reason to believe that the fourth quarter of 2005 marks the beginning of a significant growth period at IBSG International and its subsidiaries."

For the full year 2005 sales reached $7.65 million compared with $3.3 million for all of 2004. Gross profit was $7.2 million in 2005 against $3.1 million in 2004. Operating income in 2005 was $3.0 million while the Company had a loss of $2.2 million in 2004. Net income for 2005 was $2.5 million, or $0.06 per basic share; in 2004, there was a $2.4 million loss, or $0.07 per basic share loss.

Management of IBSG International will host a conference call today at 11 A.M. EDT to discuss the company's financial results and achievements. Those who wish to participate in the conference call may telephone (888) 335-6674, PIN # 7257828 approximately 15 minutes before the call. A digital replay will be available by telephone for two weeks and may be accessed by dialing (877) 519-4471, from the US, or (973) 341-3080, for international callers, and entering PIN # 7257828.

[gmarc66]

Moivng today....hit a high of .24 from yesterdays close of .181. Perhaps news coming...perhaps a chart play? Who knows...just doing well today.
Good to keep on radar
glta

julia

[gmarc66]

Closed near hod on very good vol. Just noticed that the golden cross had hit a little while ago..nice. Hopefully, this move on no news is indicative of more good things to come.

glta

thanks

julia