The information in this prospectus is not complete and may be changed.
We may not sell these securities until the registration statement filed with the
Securities and Exchange Commission is effective.
This prospectus is not an offer to sell these securities and we are not soliciting
any offer to buy these securities in any jurisdiction where the offer or sale is not permitted.
THE INTERNET BUSINESS TRADER & THE "IBT" NETWORK
PROSPECTUS
I-INVestorDirect
IInVestorDirect
BECOME A SHAREHOLDER
PROSPECTUS 
PROSPECTUS SUMMARY
This summary highlights information contained elsewhere in this prospectus and does not contain all of the information you should consider in making your investment decision. You should read this summary together with the more detailed information, including our financial statements and the related notes, elsewhere in this prospectus. You should carefully consider, among other things, the matters discussed in “Risk Factors.” 

THE INTERNET BUSINESS TRADER & THE "IBT" NETWORK .

THE "IBT" NETWORK  Expects to become a global technology leader focused on improving the ways people connect with information.
Our innovations in marketing web search and advertising will make our Network a Top Internet Destination  (TID) and our Brands of the most recognized in the world.
We will connect to and maintain the world’s largest online index of web sites and other content, and we make this information freely available to anyone with an Internet connection. Our automated search technology helps people obtain nearly instant access to relevant information from our vast online index.

We generate revenue by delivering relevant, cost-effective online advertising. Businesses use Global Giants like GOOGLE's AdWords, and YAHOO'S  Internet advertising services, including search engine keyword advertising, sale of ads and various other programs to market and promote the products and services in targeted advertising for our coustomers.

In addition, there are thousands of third-party web sites:
GOOGLE , YAHOO, and The latest MICROSOFT Entry The BING Network(s) allow us to populate our sites with ads and create revenues, that allows us to deliver their message to their Local intended audiance.

Our mission is to organize the world’s information and make it universally accessible and useful. We believe that the most effective, and ultimately the most profitable, way to accomplish our mission is to put the needs of our users first. We have found that offering a high-quality user experience leads to increased traffic and strong word-of-mouth promotion.
Our dedication to putting users first is reflected in three key commitments we have made to our users:

  •   We will do our best to provide the most relevant and useful search results possible, independent of financial incentives. Our search results will be objective and we will not accept payment for inclusion or ranking in them.  
  •   We will do our best to provide the most relevant and useful advertising. Whenever someone pays for something, we will make it clear to our users. Advertisements should not be an annoying interruption. 
  •   We will never stop working to improve our user experience, our search technology and other important areas of information organization. 
We believe that our user focus is the foundation of our success to date. We also believe that this focus is critical for the creation of long-term value. We do not intend to compromise our user focus for short-term economic gain. 
Company Information 

We began operation in Dallas Texas in September 1999.
We plan to Incorporate no later than [ 15 Days after the Initial Sale is made, or by April 23RD, 2011
in The State of Delaware.
Our principal executive offices are located at
4041 Sperry Street Dallas, Texas 75214, and our telephone number is (972) 480-4979
We maintain a number of web sites including www.InternetBusinessTrader.com.
The information on our web sites is not part of this prospectus.



THE INTERNET BUSINESS & THE "IBT" NETWORK ®  are registered trademarks in the U.S. and several other countries. Our unregistered trademarks include: DUSTY WEST, DUSTY WEST DESIGNS, TEXAS HOME ELECTRICITY, TEXAS ELECTRICITY ONLINE, HIS KINGDOM PEOPLE, and EVERYTHING InTheCity.
All other trademarks, trade names and service marks appearing in this prospectus are the property of their respective holders.
Prospectus (Subject to Completion)Dated December 15 , 2009
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NOTICE TO PROSPECTIVE INVESTORS
This Memorandum is being furnished solely for the purpose of enabling prospective investors to determine whether they wish to proceed with further investigation of the Company and making an investment in the Units.
This Memorandum is not intended to form the basis of any investment decision and does not attempt to present all the information that prospective investors may require for purposes of making an investment decision.
The Company anticipates providing prospective investors with the opportunity to ask questions, receive answers, obtain additional information and complete their own due diligence review concerning the Company and the offering of the Units prior to entering into any agreement to purchase Units.
By accepting delivery of this Memorandum, you agree to undertake and rely on your own independent investigation and analysis and consult with your own attorneys, accountants and other professional advisors regarding the Company and the merits and risks of an investment in the Units, including all related legal, investment,
tax and other matters.
All information included in this Memorandum and otherwise furnished in connection with this offering is submitted to you on a strictly and permanently confidential basis, except as indicated below or otherwise expressly agreed in writing by the Company. Any reproduction or further distribution of this Memorandum or any such information is prohibited. By accepting delivery of this Memorandum, you agree that neither you nor any of your employees, agents or advisors will use this Memorandum or any such information for any purpose other than evaluating the Company and the offering of the Units. Except as indicated below or otherwise expressly agreed by the Company, you also agree not to disclose to any person the fact that you have received this Memorandum or any such information or any terms, conditions or other information with respect to the Company. If you decide not to participate in this offering, or if the Company so requests, you agree to promptly return this Memorandum and all other materials received in connection therewith without retaining any copies thereof.
Neither the Company nor any of their respective affiliates shall have any liability for any information included in this Memorandum or otherwise made available in connection with this offering, except for liabilities expressly assumed by the Company in the definitive subscription agreement, the form of which is attached as Exhibit B to this Memorandum, and related documentation for each purchase of Units. Without limitation of the foregoing, the Company makes no representation or warranty as to the accuracy or completeness of any information included in this Memorandum or any other information, written or oral, or any document made available in connection with this offering.
Until the execution of definitive purchase documentation for the purchase of the Units, the Company reserves the right, in its sole discretion and for any reason, to modify or amend the terms of the Units, to approve or disapprove any prospective investor, to accept or reject, in whole or in part, any subscription, to allot to any investor fewer Units than the number sought by such investor and to withdraw from any further discussions, negotiations or transactions. Neither the Company nor any of their respective affiliates will have any liability or obligation whatsoever to any prospective investor in the event of any of the foregoing.

This Memorandum speaks as of the date hereof. Neither the delivery of this Memorandum nor any eventual sale of the Units shall, under any circumstances, imply that the information contained herein is correct as of any future date or that there has been no change in the Company’s affairs after the date hereof. Nothing contained herein is, or should be relied upon as, a promise or representation as to future performance. Neither the Company nor any of their affiliates undertake any obligation to update or revise the Memorandum.
This Memorandum is intended solely for the use of the prospective investor to whom this Memorandum is initially provided. This Memorandum does not constitute an offer to sell to or solicitation of an offer to purchase from any investor or in any jurisdiction in which such an offer or solicitation is not authorized or would be unlawful. Each investor must comply with all legal requirements in each jurisdiction in which it purchases, offers or sells the Units or possesses this Memorandum, and must obtain any consent, approval or permission required by it in connection with the Units or the offering. Neither the Company nor any of their respective affiliates make any representation or warranty regarding, or shall have any responsibility for, the legality of an investment in the Units under any securities or similar laws. Prospective investors are not to construe the contents of this Memorandum as investment, legal, business or tax advice of any kind.
This Memorandum may contain descriptions of the Units and certain other documents relevant to this offering that do not set forth all the information that is included in or may be derived from those documents. You should read the complete text of the documents carefully and in their entirety prior to making any investment decision. You may request copies of the documents from the Company.
Any financial projections and other statements of anticipated future performance that are included in this Memorandum or otherwise furnished in connection with the offering are for illustrative purposes only and are based on assumptions by the Company’s management that are subject to significant risks and uncertainties and may prove to be incomplete or inaccurate. Actual results achieved may vary from the projections and the variations may be material. Variations in the assumptions underlying the projections
Confidential Private Placement Memorandum may also significantly affect projected results. The projections contained in this Memorandum were not prepared with a view toward compliance with published guidelines of the American Institute of Certified Public Accountants or generally accepted accounting principles and have not been examined, reviewed or compiled by the Company’s independent certified accountants. Prospective investors should read these projections and other forward-looking statements in conjunction with the risk factors, historical financial data and other information included in this Memorandum or otherwise furnished in connection with this offering for additional factors that could cause actual results to differ materially from those projected. No representation or warranty of any kind is made with respect to the accuracy or completeness of the financial projections or other forward-looking statements, any assumptions underlying them, the future operations or the amount of any future income or loss. Without limitation of the foregoing, neither the Company nor The Company’s accountants express any opinion or other form of assurance with respect to such matters and prospective purchasers of Units are cautioned not to place reliance thereon.
Certain information contained herein concerning economic trends and performance is based upon or derived from information provided by third-party consultants and other industry sources. Neither the Company has independently verified and cannot assure the accuracy of any data obtained by or from these sources.
THE INTERNET BUSINESS TRADER & THE "IBT" NETWORK
(a TEXAS Limited Liability Company)
US $1,000,000 Class ‘A’ Preferred Membership Units
Representing 1.25% of the Total Membership Interest in
THE INTERNET BUSINESS TRADER & THE "IBT" NETWORK
or 1,000,000 Units -  Each Unit consists of a ( at an initial exercise price of $0.00001 par value  )
.25 Membership Interest THE "IBT" NETWORK, LLC.
This is a private offering of Preferred Membership Units of
THE INTERNET BUSINESS TRADER & THE "IBT" NETWORK ,
a TEXAS, LLC. (the “Company”).
The Company is offering to a limited number of accredited investors Preferred Membership Units (“Units”) in a private offering exempt from registration under federal securities laws upon the terms and conditions set forth in this memorandum (“Memorandum”).

The minimum investment in the Units is $62,500, although the Company may accept an investment of a lesser amount. The Company will use 50% of the proceeds of this offering to develop, manufacture, and distribute its consumer brand EVERYTHING InTheCity DotCom®.
In certain contexts in this Memorandum, “THE "IBT" NETWORK, LLC.” also refers in general terms to the business of owning the consumer brand, product and other assets relating to the business as currently and historically operated under the
THE INTERNET BUSINESS TRADER & THE "IBT" NETWORK® Name.

The Company’s Preferred Membership Units in THE "IBT" NETWORK, LLC will be entitled to periodic distributions based on a percentage of excess cash flow as determined by the Board of Managers.
In the event of a qualified public offering by The Company’s Preferred Membership Units will be exchanged for shares of the issuer’s common stock.
The Company’s Preferred Membership Units will be evidenced by the issuance of membership Units in THE "IBT" NETWORK, LLC, which are referred to as “the Company’s Class ‘A’ Preferred
Membership Interest Units” throughout this Memorandum.
SECURITIES LAWS AND RESTRICTIONS
The Units have not been registered under the Securities Act, or registered or qualified under any applicable State or non-U.S.securities laws.
The Units have not been approved by the United States Securities and Exchange Commission,
any state securities authority or any other United States or non- U.S. regulatory authority, nor have any of the foregoing authorities passed upon or endorsed the merits of the Units or the accuracy or adequacy of this Memorandum.
Any representation to the contrary is unlawful.
Any eventual purchase of the Units by a prospective investor shall be made in reliance upon an exemption from registration under the Securities Act for an offer and sale of securities not involving a public offering.
This Memorandum is being made available to prospective investors so as to comply with the requirements of such a private placement exemption. Any further reproduction or distribution of this Memorandum, in whole or in part, is unauthorized and could result in a violation of the Securities Act.
The Units are subject to restrictions on purchase, transferability and resale and may not be purchased, transferred or resold except as permitted under the Company’s Operating Agreement and as permitted under the Securities Act and any applicable State or
Non-U.S. securities laws, pursuant to registration thereunder or exemption therefrom. Prospective investors should be aware that they may be required to bear the financial risk of this investment for an indefinite period of time.
NOTICE TO PROSPECTIVE INVESTORS

SECURITIES LAWS
& RESTRICTIONS

CONFIDENTIALITY AND RECIPIENT’S UNDERTAKINGS

NOTE ON FORWARD-LOOKING STATEMENTS

OFFERING MEMORANDUM SUMMARY

SUMMARY OF THE UNIT OFFERING

USE OF PROCEEDS

CAPITALIZATION

BUSINESS

SUMMARY OF FINANCIAL PROJECTIONS AND ASSUMPTIONS

BENEFICIAL OWNERSHIP OF THE COMPANY

COMPANY’S SECURITIES

DESCRIPTION OF THE UNITS

MATERIAL FEDERAL INCOME TAX CONSIDERATIONS

INVESTOR SUITABILITY STANDARDS

PLAN OF OFFERING

LEGAL MATTERS

ANTI-MONEY LAUNDERING CONSIDERATION

AVAILABLE INFORMATION

SPECIAL CONSIDERATIONS AND RISK FACTORS

NOTICES FOR U.S. INVESTORS

STATE NOTICE REQUIREMENTS

EXHIBIT A – FINANCIAL STATEMENTS

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THE UNITS MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR AN EXEMPTION FROM REGISTRATION THEREUNDER, AND
AS OTHERWISE PERMITTED UNDER APPLICABLE LAWS AND UNDER THE DEFINITIVE DOCUMENTATION TO BE ENTERED INTO IN CONNECTION WITH THIS OFFERING.