International Building Technologies Group Inc. filed its 10KSB on April 03, 2008 for the period ending December 31, 2007. In this report its auditor, H J & Associates, LLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

On 03/28/2008, International Building Technologies Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

International Building Technologies Group Inc. announced that it has recently entered into a Memorandum of Understanding to build two structures, approximately 5,500 m2 (59,000 ft2), with IBT´s panel technologies and products in the city of Changchun, Jilin Province of China. The signed MOU specifies the basic terms of a Final Agreement with the main contractor of the Jilin University New Campus for two structures to be built with IBT´s panels including architectural design up to the completion of structural construction. The total subcontracted sum for IBT is estimated at approximately $800,000.