(OTC: INBG)

Industry: Gambling
On the web: http://www.ibtgi.com
Employees: 1

International Building Technologies Group, Inc. was incorporated as Ten Stix Inc. on January 10, 1996 under the laws of the State of Colorado to engage in the design, development and marketing of unique card games and other gaming products for the gaming industry. Ten Stix, Inc. changed its domicile from Colorado to Nevada in 2004. During 2004, the Company amended its Articles of Incorporation to change its name to Motorsports Emporium, Inc. in order to bring the name of the Company in line with its then new business focus, targeting motor sports enthusiasts. During 2004, the Company divested itself of all interest in Ten Stix Inc. and the gaming business. As a result in the change in control and new business focus of the Company amended its Articles of Incorporation to change its name to International Building Technologies Group, Inc. in 2007. At the end of the first quarter of 2007 it divested from the motor sports business and transitioned into the business of lightweight panel construction through its subsidiary IBT and its wholly owned subsidiary IBT Hong Kong. The Company is a developer and provider of a superior panel based building technology which allows for the rapid, cost effective construction of residential, commercial, and high-rise buildings utilizing materials that are superior in strength and appearance, economical and eco-friendly. International provides customers with architectural design, panel supply, supervision of installation, engineering, training and technical support. Currently, IBT provides Site Planning, Architectural and Engineering Services, Contractor Services, Materials, Equipment, training and Supervision and is engaged in projects in China utilizing its IBT technology. The Company has subsidiaries operating in the foreign arena and is exposed to foreign currency fluctuations. Currently the Company's subsidiaries are operating in China and Hong Kong. China is the main supplier of the raw materials needed for its panels. The Company has contact with and access to numerous suppliers of the raw materials needed to manufacture its building panels and is not dependent on any one supplier or limited group of suppliers. It competes with many companies in the global markets and many of the Company's competitors are large. International is subject to governmental regulations.