International Business Exchange (IBEX) successfully brokered the sale of the business Pin Lee Commodity Sales in Republic, MO on April 20th, 2006 to undisclosed corporation. IBEX acted as the merger and acquisition advisor to the deal, helping the business owner list, market, wade through buyers, due diligence and close the deal. The current operation is centralized in the middle of agriculture industry in the Central Heartland of the USA. The Company brokers primarily in four product market areas. These products are hay, grain, liquid feed, and cattle. The primary hay products are alfalfa, usually purchased in 4x4x8, 3x4x8, and 3x3x8. The hay products are general sold to dairies, with some overflow product going to commercial feedlots. The hay product is committed ahead of time by the Brokerage Company to a set purchase price before harvesting the product. The product is committed to the end-users and truck on the Brokerage Company’s truck to the end-user. Grain products consist of hominy, corn, gluten pellets, soy hull pellets, cottonseed hulls, dried distilled grain, and whole cottonseeds. These products are high in protein so they to are sold to dairies and feedlots prior to harvest. Liquid feed is a mix 30 16% protein and 10% fat. This is produced for the Company and sold to the same outlet and end-users as the other products. Cattle is bought in lots and sold to buyers who have orders in for the same type of cattle. This is done both for dairy cattle as well as beef production. The Company operates its own trucks as well as a Truck Brokerage for the delivery of their products. This operation takes place mostly in four States: Colorado, Missouri, Nebraska and Kansas.