THE "IBT'S
2010 OFFERING
Presentations & Events
Dear Stockholder:
You are cordially invited to attend,
"The FIRST ANNUAL MEETING OF THE "IBT" NETWORK'S STOCKHOLDERS OF 2010. To be held on APRIL 23RD 2010
From 10:00AM to 10PM @ Our UPTOWN VIRTUAL OFFICE CENTER.
At the Annual Meeting, you will be asked to consider and act upon the following matters:
• the Election to our Board of Directors of 13 directors, each for a one-year term until the 2010 Annual Meeting of Stockholders or until their successors have been elected and qualified; and
• the approval of the grant to our Board of Directors of discretionary authority to amend our
restated certificate of incorporation to effect a reverse stock split at one of four ratios; and
• the approval of an amendment to our restated certificate of incorporation increasing the number of authorized shares of our common stock, par value $.01 per share, by 250 million from 2.25 billion to 2.5 billion; and
• the transaction of such other business as may properly come before the Annual Meeting.
Our 13 Board of Directors, each will serve for a Two-Year Term until the 2012 Annual Meeting of Stockholders to be held in April.
The board hopes to have you the stockholder approve the proposed item to our Board of Directors of discretionary authority to amend our restated certificate of incorporation to
effect a reverse stock split, and approve the amendment of our restated certificate of incorporation to
increase the number of authorized shares of our common stock, par value $.01 per share by 250 million from 2.25 billion to 2.5 billion.
See ‘‘REELECTION OF DIRECTORS PROPOSAL,’’ ‘‘REVERSE
STOCK SPLIT PROPOSAL’’ and ‘‘COMMON STOCK PROPOSAL.’’
Following the completion of the formal business portion of the Annual Meeting, members of our senior management will be making a presentation. We expect that this presentation will be followed by an open question and answer session with members of our senior management.
We anticipate that the Annual Meeting will conclude at the end of the question and answer period but in any event promptly begin at 10:00 a.m.
Information concerning the matters to be considered and voted upon at the Annual Meeting is contained in the attached Notice of Annual Meeting and Proxy Statement.
It is important that your shares be represented at the Annual Meeting, regardless of the number you hold. To ensure your representation at the Annual Meeting, if you are a stockholder of record, you may vote in person at
the Annual Meeting.
We will give you a ballot when you arrive. If you do not wish to vote in person or if you will not be attending the Annual Meeting, you may vote by proxy. You can vote by proxy over the Internet by following the instructions provided in the Notice of Internet Availability of Proxy Materials that was previously mailed to you, or, if you requested or otherwise received printed copies of the proxy materials, you can also vote by mail, by telephone or on the Internet as instructed on the proxy card that you received.
If you attend the Annual Meeting, you may vote in person even if you have previously returned a proxy card.
Sincerely,
"DUSTY L.W. BROGDON
Chairman of the Board
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THE "IBT' NETWORK'S PROJECTIONS FOR 2010
Where Our Path Will Take Us ...
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THE "IBT" NETWORK 4041 SPERRY STREET DALLAS, TX 75214
1 YEAR 1 MILLION VISITORS 100 CITIES
THE "IBT NETWORK'S FIRST ANNUAL STOCKHOLDERS MEETING APRIL 23RD, 2010 UPTOWN VIRTUAL OFFICE LOCATION
