INBG Replaces MSEM as Stock Ticker Symbol
International Building Technologies Group, Inc. (OTCBB:INBG), formerly known as MotorSports Emporium, Inc., changed its name, CUSIP number and ticker symbol.
International Building Technologies Group, Inc. is quoted on the OTCBB under the stock symbol INBG. The Company’s new CUSIP number is 459190104.
“The name change, new stock symbol and CUSIP number reflects the new direction of this company,” stated INBG President Kenneth Yeung.
“Over the past several months INBG transformed its business away from the motor sports industry into a world wide manufacturer and developer of light panel technology. In just a short few months we’ve forged a new and exciting relationship with an award winning construction and engineering firm (Suining Yinfa) and now have a 51% interest generated from the contract of the four upscale residential apartment buildings project (The Rose Top Grade - Rose Best) in the Sichuan Province of China. We look forward to the future of INBG,” concluded Kenneth Yeung.
About International Building Technologies Group, Inc.
International Building Technologies Group, Inc. and its wholly owned subsidiary, International Building Technologies, Inc., are currently transforming the combined business into a world wide manufacturer and developer of light panel technology to be used for residential and commercial businesses, primarily in regions that are at risk of earthquakes and hurricane-like winds. For more information visit www.ibtgi.com.
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company’s analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.