UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

              For the quarterly period ended September 30, 2007; or

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                         Commission File Number: 0-32323


                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
        (Exact name of small business issuer as specified in its charter)

            Nevada                                               20-1217659
(State or other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)

                       1151 Harbor Bay Parkway, Suite 202
                                Alameda, CA 94502
                    (Address of principal executive offices)

                                 (510) 814-3778
                (Issuer's telephone number, including area code)

     Check  whether  the issuer:  (1) filed all reports  required to be filed by
Section 13 or 15 (d) of the  Securities  Exchange  Act during the past 12 months
(or for such  shorter  period  that the  registrant  was  required  to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days. Yes [X] No [ ]

     Indicate  by check mark  whether  the  registrant  is a shell  company  (as
defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

     The number of shares  outstanding of the issuer's common stock,  $0.001 par
value, as of November 19, 2007 was 41,549,659 shares.

     Transitional Small Business Disclosure Format: Yes [ ] No [X]
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                              REPORT ON FORM 10-QSB

                    FOR THE QUARTER ENDED SEPTEMBER 30, 2007

                                      INDEX
                                                                            Page
                                                                            ----

PART I - FINANCIAL INFORMATION..............................................  3

     Item 1. Financial Statements...........................................  3

          Consolidated Balance Sheet .......................................  3

          Consolidated Statements of Operations.............................  4

          Consolidated Statements of Stockholder's Equity...................  5

          Consolidated Statements of Cash Flows.............................  6

          Notes.............................................................  8

     Item 2. Management's Discussion and Analysis or Plan of Operation...... 23

     Item 3. Controls and Procedures........................................ 29

PART II - OTHER INFORMATION................................................. 29

     Item 1. Legal Proceedings.............................................. 29

     Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.... 29

     Item 3. Defaults Upon Senior Securities................................ 30

     Item 4. Submission of Matters to a Vote of Security Holders............ 30

     Item 5. Other Information.............................................. 30

     Item 6. Exhibits....................................................... 30

SIGNATURES.................................................................. 31

                                       2
<PAGE>
                         PART I - FINANCIAL INFORMATION

ITEM 1 - CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                      (FORMERLY MOTORSPORTS EMPORIUM, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                      CONDENSED CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                      September 30, 2007    December 31, 2006
                                                                      ------------------    -----------------
                                                                         (Unaudited)
<S>                                                                      <C>                   <C>
                                     ASSETS

Cash                                                                     $    14,821           $     7,200
Accounts receivable                                                               --                   267
Inventory                                                                         --                   922
Other current assets                                                         351,723                11,675
                                                                         -----------           -----------
Total current assets                                                         366,544                20,064
                                                                         -----------           -----------
Fixed assets, net of depreciation                                              4,050                 6,578
Other assets                                                                   5,372                    --
Assets held for sale                                                              --                11,914
Intangible assets, net of amortization                                            --                10,750
Goodwill                                                                   1,302,994                    --
                                                                         -----------           -----------
Total assets                                                             $ 1,678,960           $    49,306
                                                                         ===========           ===========

                  LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)
LIABILITIES
  Accounts payable and accrued expenses                                  $   239,856           $   273,454
  Accrued expenses - related parties                                         110,112               114,000
  Notes payable, net                                                         224,252                    --
  Notes payable to shareholders, net                                          73,705               245,000
                                                                         -----------           -----------
Total current liabilities                                                    647,925               632,454

Long term notes payable, net                                                 376,240                    --
Long term notes payable to shareholders, net                                   7,673               121,920
                                                                         -----------           -----------
Total long term liabilities                                                  383,913               121,920
                                                                         -----------           -----------
Total liabilities                                                          1,031,838               754,374
                                                                         -----------           -----------

COMMITMENT & CONTINGENCIES                                                        --                    --

MINORITY INTEREST                                                              2,250                    --

STOCKHOLDERS' EQUITY (DEFICIT)
  Preferred A stock, $250 par value, 10,000 shares authorized;
   96 shares issued and outstanding                                           24,000                24,000
  Preferred C stock, no par value, 3,000,000 shares authorized;
   200,000 shares issued and outstanding                                      10,000                10,000
  Common stock; $.001 par value, 500,000,000 shares authorized;
   31,708,322 and 2,979,355 issued and outstanding                            31,709                 2,979
  Additional paid-in capital                                               6,832,295             4,623,949
  Stock subscription receivable                                                   --                (1,305)
  Accumulated deficit - Prior to reentering development stage             (5,534,336)           (5,364,691)
  Accumulated deficit - From inception of reentering development
   stage on 4/1/2007                                                        (718,294)                   --
  Other comprehensive income                                                    (502)                   --
                                                                         -----------           -----------
Total stockholders' equity (deficit)                                         644,872              (705,068)
                                                                         -----------           -----------

Total liabilities and stockholders' equity (deficit)                     $ 1,678,960           $    49,306
                                                                         ===========           ===========
</TABLE>

     See accompanying notes to condensed consolidated financial statements.

                                       3
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                      (FORMERLY MOTORSPORTS EMPORIUM, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                                     Cumulative
                                                                                                                       Since
                                                                                                                     Reentering
                                                         Three Months Ended             Nine Months Ended           Deveplopment
                                                            September 30,                  September 30,                Stage
                                                   ----------------------------     ----------------------------      4/1/2007 -
                                                       2007             2006            2007             2006         9/30/2007
                                                   -----------      -----------     -----------      -----------      -----------
<S>                                                <C>              <C>             <C>              <C>              <C>
Retail sales                                       $        --      $        --     $        --      $        --      $        --
Cost of sales                                               --               --              --               --               --
                                                   -----------      -----------     -----------      -----------      -----------
Gross profit                                                --               --              --               --               --
                                                   -----------      -----------     -----------      -----------      -----------

Operating expenses:
  Selling, general and administrative                  201,013          251,314         526,818          913,983          358,623
  Depreciation and amortization                          2,013            1,354           4,669            4,625            2,929
                                                   -----------      -----------     -----------      -----------      -----------
      Total operating expenses                         203,026          252,668         531,487          918,608          361,552
                                                   -----------      -----------     -----------      -----------      -----------
Operating loss                                        (203,026)        (252,668)       (531,487)        (918,608)        (361,552)
                                                   -----------      -----------     -----------      -----------      -----------
Other income (expense):
  Interest income                                            6               --              35               46               35
  Interest expense                                    (207,926)          (8,083)       (388,212)         (22,434)        (380,570)
  Rapid Funding settlement expense                          --               --              --          (40,496)              --
  Gain (loss) on extinguishment of debt                     --          (88,836)         33,231          (84,887)          27,735
  Loss on Disposal of Assets                                --               --          (4,178)              --           (4,178)
  Minority interest in net loss of subsidiary            6,356               --          12,750               --           12,750
  Other income (expense)                                   597            1,893          (3,101)           7,728           (3,207)
                                                   -----------      -----------     -----------      -----------      -----------
      Total other income (expense)                    (200,967)         (95,026)       (349,475)        (140,043)        (347,435)
                                                   -----------      -----------     -----------      -----------      -----------
Loss from continuing operations                       (403,993)        (347,694)       (880,962)      (1,058,651)        (708,987)
                                                   -----------      -----------     -----------      -----------      -----------
Discontinued operations:
  Income (loss) from operations of discontinued
   business                                             (9,250)            (270)        (11,151)           6,087           (9,307)
  Income (loss) on disposal of assets                       --               --           4,174               --               --
                                                   -----------      -----------     -----------      -----------      -----------
Income (loss) on discontinued operations                (9,250)            (270)         (6,977)           6,087           (9,307)
                                                   -----------      -----------     -----------      -----------      -----------
Net loss                                           $  (413,243)     $  (347,964)    $  (887,939)     $(1,052,564)     $  (718,294)

Other comprehensive income:
  Foreign Currency Translation                            (151)              --            (502)              --             (502)
                                                   -----------      -----------     -----------      -----------      -----------
Comprehensive income (loss)                        $  (413,394)     $  (347,964)    $  (888,441)     $(1,052,564)     $  (718,796)
                                                   ===========      ===========     ===========      ===========      ===========
Net loss per common share - basic and diluted
  Continuing operations                            $     (0.01)     $     (0.18)    $     (0.05)     $     (0.66)
                                                   ===========      ===========     ===========      ===========
  Discontinued operations                          $     (0.00)     $     (0.00)    $     (0.00)     $      0.00
                                                   ===========      ===========     ===========      ===========
  Net loss per common share                        $     (0.01)     $     (0.18)    $     (0.05)     $     (0.65)
                                                   ===========      ===========     ===========      ===========
Weighted average common shares outstanding:
  Basic & Diluted                                   29,738,264        1,964,961      16,554,890        1,613,738
                                                   ===========      ===========     ===========      ===========
</TABLE>

     See accompanying notes to condensed consolidated financial statements.

                                       4
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                      (FORMERLY MOTORSPORTS EMPORIUM, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
            CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

<TABLE>
<CAPTION>
                                                 Preferred Stock A      Preferred Stock C          Common Stock
                                                 -----------------      -----------------      --------------------    Paid-In
                                                 Shares     Amount      Shares     Amount      Shares        Amount    Capital
                                                 ------     ------      ------     ------      ------        ------    -------
<S>                                              <C>      <C>         <C>          <C>        <C>             <C>
Balance, December 31, 2006                           96    $24,000     200,000     $10,000    2,979,355    $  2,979   $4,623,949
                                                 ------    -------     -------     -------   ----------    --------   ----------
2007 (UNAUDITED)
  Proceeds from stock subscriptions receivable                                                                             3,071
  Common stock issued for services                                                            3,911,810       3,912      170,437
  Common stock issued for repayment of debt                                                   3,150,596       3,151      117,704
  Common stock issued for stock option grants                                                   478,721         479       30,219
  Common stock issued for asset purchase                                                     20,000,000      20,000    1,280,000
  Sale of stock for cash                                                                      1,187,840       1,188       24,651
  Warrant Options                                                                                                        122,756
  Beneficial Conversion Feature                                                                                          459,508
  Net income (loss)
                                                 ------    -------     -------     -------   ----------    --------   ----------
Balance, September 30, 2007 (Unaudited)              96    $24,000     200,000     $10,000   31,708,322    $ 31,709   $6,832,295
                                                 ======    =======     =======     =======   ==========    ========   ==========

                                                                                 Accumulated
                                                                 Accumulated       Deficit
                                                                   Deficit          after
                                                                  Prior to        reentering
                                                     Stock       reentering      development       Other
                                                 Subscriptions   development       stage on     Comprensive
                                                   Receivable       stage          4/1/2007        Income          Total
                                                   ----------       -----          --------        ------          -----

Balance, December 31, 2006                          $(1,305)     $(5,364,691)      $      --       $    --       $(705,068)
                                                    -------      -----------       ---------       -------       ---------
2007 (UNAUDITED)
  Proceeds from stock subscriptions receivable        1,305                                                          4,376
  Common stock issued for services                                                                                 174,349
  Common stock issued for repayment of debt                                                                        120,855
  Common stock issued for stock option grants                                                                       30,698
  Common stock issued for asset purchase                                                                         1,300,000
  Sale of stock for cash                                                                                            25,839
  Warrant Options                                                                                                  122,756
  Beneficial Conversion Feature                                                                                    459,508
  Net income (loss)                                                 (169,645)       (718,294)         (502)       (888,441)
                                                    -------      -----------       ---------       -------       ---------
Balance, September 30, 2007 (Unaudited)             $    --      $(5,534,336)      $(718,294)      $  (502)      $ 644,872
                                                    =======      ===========       =========       =======       =========
</TABLE>

     See accompanying notes to condensed consolidated financial statements.

                                       5
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                      (FORMERLY MOTORSPORTS EMPORIUM, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
            UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                                                            Cumulative
                                                                                                              Since
                                                                                                            Reentering
                                                                           Nine Months Ended               Deveplopment
                                                                             September 30,                     Stage
                                                                    -------------------------------          4/1/2007 -
                                                                       2007                2006              9/30/2007
                                                                    -----------         -----------         -----------
<S>                                                                 <C>                 <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss from continuing operations                               $  (880,962)        $(1,058,651)        $  (708,987)
  Adjustments to reconcile net income to net cash
   provided by operating activities:
     Depreciation and amortization                                        4,669              13,791               2,929
     Amortization of debt discount                                       48,094               3,531              48,094
     (Gain)/loss on extinguishment of debt                              (37,382)             88,836             (37,382)
     Interest expense associated with debt discount                     201,333                  --             201,333
     Loss on disposal of fixed assets                                     4,178                  --               4,178
     Employee stock based compensation                                   30,699              67,689                  --
     Officer stock based compensation                                        --              10,000                  --
     Common stock issued to third parties for services                  174,349             183,671             163,215
     Minority interest in net loss of subsidiary                        (12,750)                 --             (12,750)
  Changes in assets and liabilities:
     Accounts receivable                                                    267                (738)                 --
     Inventory                                                              922              31,569                  --
     Prepaid expenses                                                     8,114              47,953              (3,561)
     Deferred revenue                                                    17,019                  --              15,608
     Accounts payable and accrued expenses                               76,426             191,186             129,710
     Accrued expenses - related parties                                  (7,835)                 --              (7,835)
                                                                    -----------         -----------         -----------
          Net cash used in continuing operations                       (372,859)           (421,163)           (205,448)
          Net cash provided by (used in) discontinued operations        (14,488)              6,087              (9,307)
                                                                    -----------         -----------         -----------
          Net cash used in operating activities                        (387,347)           (415,076)           (214,755)
                                                                    -----------         -----------         -----------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Expenditures for intangible assets                                       (140)                 --                (140)
  Purchases of fixed assets                                              (6,224)             (2,029)             (6,224)
                                                                    -----------         -----------         -----------
          Net cash provided by (used in) continuing operations           (6,364)             (2,029)             (6,364)
          Net cash provided by (used in) discontinued operations         19,425                  --                  --
                                                                    -----------         -----------         -----------
          Net cash provided by (used in) investing activities            13,061              (2,029)             (6,364)
                                                                    -----------         -----------         -----------
CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from related party accounts payable                           20,000                  --              20,000
  Proceeds from notes payable                                           346,000                  --             143,530
  Repayments of notes payable                                           (20,000)            (15,000)                 --
  Proceeds from issuance of common stock                                 36,409              21,500              12,034
  Proceeds from exercise of stock options                                    --             390,437                  --
                                                                    -----------         -----------         -----------
          Net cash provided by financing activities                     382,409             396,937             175,564
                                                                    -----------         -----------         -----------
</TABLE>
                                       6
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                      (FORMERLY MOTORSPORTS EMPORIUM, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
            UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

                                  (CONTINUED)

<TABLE>
<CAPTION>
                                                                                                            Cumulative
                                                                                                              Since
                                                                                                            Reentering
                                                                           Nine Months Ended               Deveplopment
                                                                             September 30,                     Stage
                                                                    -------------------------------          4/1/2007 -
                                                                       2007                2006              9/30/2007
                                                                    -----------         -----------         -----------
<S>                                                                 <C>                 <C>                 <C>
Effect of exchange rate changes on cash                                    (502)        $        --         $      (502)
                                                                    -----------         -----------         -----------
Cash and cash equivalents:
Increase (decrease) in cash                                               7,621             (20,168)            (46,057)
CASH, beginning of period                                                 7,200              23,960              60,878
                                                                    -----------         -----------         -----------
CASH, end of period                                                 $    14,821         $     3,792         $    14,821
                                                                    ===========         ===========         ===========

SUPPLEMENTAL DISCLOSURES:
  Cash paid for interest                                            $        --         $        --         $        --
                                                                    ===========         ===========         ===========
  Cash paid for income taxes                                        $        --         $        --         $        --
                                                                    ===========         ===========         ===========
Non-cash financing and investing activities:
  Issuance of common stock for accrued expenses                     $    65,321         $        --         $    60,321
  Issuance of common stock for prepaid expense                      $        --         $    75,000         $        --
  Issuance of common stock for payment of debt                      $    55,534                             $    55,534
  Issuance of Note for deposit on the Rosetop Project               $   350,000                             $   350,000
</TABLE>

      During 2007, the Company issued common stock valued at $1,300,000 in
  connection with the acquisition of International Building Technologies, Inc.
      The Company received assets valued at $15,953, assumed liabilities of
 $3,947, and minority interest of $15,000, resulting in Goodwill of $1,302,994.

      See accompanying notes to condensed consolidated financial statements

                                       7
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


NOTE 1: ORGANIZATION, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES

ORGANIZATION

International Building Technologies Group, Inc. (OTCBB: INBG) (the "Company") is
a developer and provider of a panel based building  technology  which allows for
the rapid, cost effective construction of residential, commercial, and high-rise
buildings  utilizing  materials  that are  greater in strength  and  appearance,
economical and eco-friendly.  The Company provides  customers with architectural
design, panel supply,  supervision of installation,  engineering,  training, and
technical support.  The Company has offices in Shanghai,  Hong Kong, and the San
Francisco Bay Area.

BASIS OF FINANCIAL STATEMENT PRESENTATION

The accompanying unaudited condensed consolidated financial statements have been
prepared by the Company  pursuant to the rules and regulations of the Securities
and Exchange  Commission.  Certain information and footnote disclosures normally
included in financial  statements prepared in accordance with generally accepted
accounting  principles  have been  condensed or omitted in accordance  with such
rules and  regulations.  The  information  furnished  in the  interim  condensed
consolidated  financial  statements  includes normal  recurring  adjustments and
reflects all adjustments, which, in the opinion of management, are necessary for
a fair presentation of such financial  statements.  Although management believes
the disclosures  and information  presented are adequate to make the information
not misleading, these interim condensed consolidated financial statements should
be  read in  conjunction  with  the  Company's  most  recent  audited  financial
statements and notes thereto  included in its December 31, 2006 Annual Report on
Form 10-KSB.  Operating  results for the period ended September 30, 2007 are not
necessarily  indicative  of the results that may be expected for the year ending
December 31, 2007.

SIGNIFICANT ACCOUNTING POLICIES

Significant  accounting  policies  have not changed  from the  Company's  Annual
Report on Form  10-KSB  for the year ended  December  31,  2006  except as noted
below.

ACCOUNTING  FOR  CERTAIN  FINANCIAL  INSTRUMENTS  WITH  CHARACTERISTICS  OF BOTH
LIABILITIES AND EQUITY - CHANGE IN ACCOUNTING PRINCIPLE.

As of September 30, 2007 we have adopted Financial  Accounting Statement No. 150
- Accounting for Certain  Financial  Instruments  with  Characteristics  of Both
Liabilities and Equity (FAS 150). Previously,  we had accounted for our variable
weighted average priced convertible debt instruments in accordance with Emerging
Issues Task Force 00-19  (EITF  00-19) -  Accounting  for  Derivative  Financial
Instruments Indexed to, and Potentially Settled In, a Company's Own Stock solely
based on the  variability  in the  shares to be issued in our  convertible  debt
instruments.  Upon  further  review of FAS 150 we have  changed  our  accounting
policy  to  account  for  the  conversion  feature  as a debt  discount  without
bifurcating  any additional  component from the debt instrument as a derivative.
We believe that the treatment  under FAS 150,  among the diversity in accounting
treatments that exist, is more appropriate.

The only  issuances  relating to EITF 00-19 we had were in quarter two 2007. Due
to our  change  in  accounting  principle  we  have  retroactively  updated  our
financial statements from quarter two 2007 forward.

                                       8
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


NOTE 2:  MATERIAL EVENTS

RE-ENTERING DEVELOPMENT STAGE

On April 1, 2007, the company  re-entered the development stage. The company has
changed  from  the  motor  sports  business  to the  business  of  building  and
construction of lightweight  panels. The Company has devoted most of its efforts
to establishing a new business, raising capital, establishing sources of supply,
acquiring property, plant, equipment, and other operating assets.

CHANGE OF CORPORATE NAME

On May 21, 2007, the Board of Directors and the majority of the  shareholders of
the Company passed a resolution to amend the Company's articles of incorporation
to change its name to  International  Building  Technologies  Group,  Inc.  Such
amendment became effective on August 6, 2007.

REVERSE STOCK SPLIT

Effective  October  31,  2006,  the  Company  initiated  a reverse  split of the
Company's  common  stock on a ratio of one share for every 225  shares of common
stock,  without  decreasing the number of authorized  shares of common stock and
without changing the par value of the common stock. All share counts included in
this Form 10-QSB have been restated for this stock split.

CHANGE IN DIRECTORS

On April  13,  2007,  the  Company  elected  Mr.  Kenneth  Yeung to the Board of
Directors who is also the President and major shareholder of the Company.

Effective on April 16, 2007,  David W.  Keaveney  resigned from his positions as
Chief Executive Officer, Chief Financial Officer and Director of the Company.

Effective on April 16, 2007,  Rhonda  Keaveney  resigned  from her  positions as
Chief Operating Officer, Secretary and Director of the Company.

On April  16,  2007 Mr.  Kenneth  Yeung was  elected  as the  interim  principal
Executive and Financial Officer of the company.

On May 30,  2007,  the Company  elected Mr. Peter Chin to the Board of Directors
and to the office of Corporate Secretary.

DISCONTINUED OPERATIONS

In the fourth  quarter  of 2006,  the  Company  discontinued  operations  of its
Scottsdale  Diecast  division due to increased  manufacturer's  prices,  slowing
retail sales and increased  competition  from online auction sites.  The Company
sold the  balance of its  inventory,  fixed  assets and a website.  The  Company
decided  to no  longer  focus its  efforts  in the die cast  business  primarily
because of increasing  inventory  costs and declining sales due, in part, to the
consolidation of the die cast industry. The Company has subsequently disposed of
all assets  related to this  division in the first  quarter of 2007.  Prior year
financial  statements  for 2006 have been restated to present the  operations of
the  Scottsdale  Diecast  division as a  discontinued  operation.  For the three

                                       9
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


months  ended  September  30, 2007,  there was loss of $9,250 from  Discontinued
Operations  compared to a net loss of $270 for the same period during 2006.  For
the nine months ended  September  30,  2007,  there was a net loss of $11,151 on
Discontinued  Operations  compared to a net income of $6,087 for the same period
during 2006.

NOTE 3: GOING CONCERN

The Company's  financial  statements  are prepared using  accounting  principles
generally  accepted  in the  United  States  of  America  applicable  to a going
concern,  which  contemplates  the  realization  of assets and  satisfaction  of
liabilities in the normal course of business.  The Company's  continuation  as a
going  concern is dependent  upon its ability to generate  sufficient  cash flow
from  operations  to meet  its  obligations  on a  timely  basis  and/or  obtain
financing as may be required. As of September 30, 2007, the Company has incurred
net losses from operations  prior to reentering the development  stage and has a
stockholders'  deficit of  $5,534,336.  Since the  inception of  reentering  the
development  stage on April 1, 2007, the Company has a stockholders'  deficit of
$718,294 as of September 30, 2007. The Company has a working  capital deficit of
$281,381 as of September 30, 2007.

During the next 12 months,  the Company's  foreseeable  cash  requirements  will
relate to continuing to develop the operations of its business,  maintaining its
good standing and making the requisite  filings with the Securities and Exchange
Commission,   and  the  payment  of  expenses   associated   with  reviewing  or
investigating  any  potential  business  venture.  The Company may  experience a
liquidity predicament and be required to raise additional capital. Historically,
it has relied upon internally  generated funds and funds from the sale of shares
of stock and loans from its  shareholders  and private  investors to finance its
operations and growth.  Management may raise  additional  capital through future
public or private offerings of the Company's stock or through loans from private
investors,  although  there can be no  assurance  that it will be able to obtain
such financing. The Company's failure to do so would have a material and adverse
affect upon it and its shareholders.

NOTE 4: COMMITMENTS AND CONTINGENCIES

LITIGATION

There is no threatened or pending litigation against the Company.  The following
lawsuit below was settled during the second quarter.

On  April  16,  2007,  the  Company  settled  a  lawsuit  involving   X-Clearing
Corporation,  the Company's former transfer agent (as previously reported in the
Company's  Form 10-QSB for the quarter ended March 31,  2007).  The Company paid
X-Clearing  $32,000  and  approximately  $958 to Ikon for  costs of  copying  or
printing  transfer agent records.  Such amounts were accrued during the previous
years. The Company is not aware of any pending claims or assessments, other than
as described  above,  which may have a material  adverse impact on the Company's
financial position or results of operations.

NOTE 5: NOTES PAYABLE & DEBT DISCOUNTS

SHORT TERM NOTES PAYABLE

On May 21, 2007 the Company entered into a $122,500  Secured  Promissory Note at
the  rate  of 11% per  annum  due  March  20,  2008.  Initially,  the  Company's
President,  Kenneth Yeung, personally borrowed the money and invested the amount
into the Company.  Due to a change in the business,  the Company  decided on May

                                       10
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


21, 2007 to assume the note and entered into a promissory  note with the lender.
The Note is secured with the Preferred  Series C shares owned by the  President.
In connection with this transaction,  490,000 warrants to purchase shares of the
common stock of the Company at $0.25 were issued with an expiration  date of May
20,  2012.  The  warrants  issued  to the  investors  in  this  transaction  are
exercisable for a period of five years commencing  immediately after the date of
issuance at an exercise  price of $.25 per share.  Utilizing  the  Black-Scholes
valuation model and the following assumptions:  estimated volatility of 211.36%,
a contractual life of five years, a zero dividend rate, 4.79% risk free interest
rate,  and the fair  value of common  stock of $0.10 per share at date of grant,
the Company  determined  the allocated  fair value of the warrant to be $47,759.
The Company has recorded this amount as a debt  discount and is  amortizing  the
debt discount over the term of this Note. The  amortization is being recorded as
interest  expense and totaled  $20,696 for the nine months ended  September  30,
2007, $14,328 for the three months ended September 30, 2007, and $20,696 for the
period from  inception to September 30, 2007. As an incentive to the payee,  the
Company will make  additional  payments of $122,500 on or by the due date unless
(a) the principal is paid in full on or before September 20, 2007, in which case
the  additional  payment  incentive  shall  be  reduced  to  $30,625  or (b) the
principal  is paid in full on or before  December  20,  2007,  in which case the
additional payment incentive shall be reduced to $61,250.  No payments were made
during the third quarter.

On May 21, 2007,  the Company  entered into a Promissory  Note for $30,000 to be
paid no later than March 20, 2008 with an interest rate of 11%.  Initially,  the
Company's President,  Kenneth Yeung,  personally borrowed the money and invested
the  amount  into the  Company.  Due to a change in the  business,  the  Company
decided on May 21, 2007 to assume the note and entered  into a  promissory  note
with the lender. The Note is secured with the Preferred Series C shares owned by
the President. In connection with this transaction, 120,000 warrants to purchase
the common stock of the Company at $.25 were issued with an  expiration  date of
May 20, 2012.  The warrants  issued to the  investors  in this  transaction  are
exercisable for a period of five years commencing  immediately after the date of
issuance at an exercise  price of $.25 per share.  Utilizing  the  Black-Scholes
valuation model and the following assumptions:  estimated volatility of 211.36%,
a contractual life of five years, a zero dividend rate, 4.79% risk free interest
rate,  and the fair  value of common  stock of $0.10 per share at date of grant,
the Company  determined  the allocated  fair value of the warrant to be $11,696.
The Company has recorded this amount as a debt  discount and is  amortizing  the
debt discount over the term of this Note. The  amortization is being recorded as
interest  expense and totaled  $5,068 for the nine months  ended  September  30,
2007,  $3,509 for the three months ended  September 30, 2007, and $5,068 for the
period from  inception to September 30, 2007. As an incentive to the payee,  the
Company  will make  additional  payments of $30,000 on or by the due date unless
(a) the principal is paid in full on or before September 20, 2007, in which case
the additional payment incentive shall be reduced to $7,500 or (b) the principal
is paid in full on or before  December  20, 2007,  in which case the  additional
payment  incentive  shall be reduced to $15,000.  A debt discount of $27,366 was
calculated in accordance with EITF 00-27 and is being amortized over the life of
the  debenture.  In the  second  quarter,  the  embedded  conversion  option was
accounted  for under EITF 00-19 and we  accounted  for the  embedded  conversion
option as a derivative  liability.  The Company removed the derivative liability
in the third  quarter and  restated  the note as a result of the adoption of FAS
150. For the three month period ended September 30, 2007, the Company  reflected
an expense of $64,484, representing the initial fair value and subsequent change
in the value of the embedded  conversion  option.  As of September 30, 2007, the
note has not been converted and the principal balance remains at $30,000.

On May 21, 2007,  the Company  entered into a Promissory  Note for $97,500 to be
paid no later than May 20, 2008 with an interest rate of 11%. In connection with
this  transaction,  390,000 warrants to purchase the common stock of the Company
at $.25 were issued with an expiration date of May 21, 2012. The warrants issued

                                       11
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


to the investors in this  transaction are exercisable for a period of five years
commencing  immediately  after the date of issuance at an exercise price of $.25
per  share.  Utilizing  the  Black-Scholes  valuation  model  and the  following
assumptions:  estimated volatility of 211.36%, a contractual life of five years,
a zero  dividend  rate,  4.79% risk free  interest  rate,  and the fair value of
common  stock of $0.10 per share at date of grant,  the Company  determined  the
allocated fair value of the warrant to be $38,012. The Company has recorded this
amount as a debt discount and is  amortizing  the debt discount over the term of
this Note. The  amortization  is being recorded as interest  expense and totaled
$13,727 for the nine  months  ended  September  30,  2007,  $9,503 for the three
months ended  September 30, 2007,  and $13,727 for the period from  inception to
September  30,  2007.  As an  incentive  to the  payee,  the  Company  will make
additional payments of $97,500 on or by the due date unless (a) the principal is
paid in full on or  before  November  20,  2007,  in which  case the  additional
payment  incentive  shall be reduced to $24,375 or (b) the  principal is paid in
full on or before  February  20,  2008,  in which  case the  additional  payment
incentive  shall be reduced to $48,750.  No payments  were made during the third
quarter.

On May 22, 2007 the  Company  entered  into a  Convertible  Promissory  Note for
$50,000  to be paid no later  than  March 21,  2008 with 11%  interest  rate per
annum.  Initially,  the Company's President,  Kenneth Yeung, personally borrowed
the money and  invested  the  amount  into the  Company.  Due to a change in the
business,  the  Company  decided on May 22,  2007 to assume the note and entered
into a convertible  promissory  note with the lender.  In  connection  with this
transaction,  200,000  warrants to purchase  the common  stock of the Company at
$.25 were issued with an expiration date of May 21, 2012. The warrants issued to
the investors in this  transaction  are  exercisable  for a period of five years
commencing  immediately  after the date of issuance at an exercise price of $.25
per  share.  Utilizing  the  Black-Scholes  valuation  model  and the  following
assumptions:  estimated volatility of 211.36%, a contractual life of five years,
a zero  dividend  rate,  4.79% risk free  interest  rate,  and the fair value of
common  stock of $0.10 per share at date of grant,  the Company  determined  the
allocated fair value of the warrant to be $19,494. The Company has recorded this
amount as a debt discount and is  amortizing  the debt discount over the term of
this Note. The  amortization  is being recorded as interest  expense and totaled
$8,382 for the nine months ended September 30, 2007, $5,848 for the three months
ended  September 30, 2007, and $8,382 for the period from inception to September
30,  2007.  As an  incentive  to the payee,  the  Company  will make  additional
payments  of $50,000 on or by the due date unless (a) the  principal  is paid in
full on or before  September  20,  2007,  in which case the  additional  payment
incentive shall be reduced to $12,500 or (b) the principal is paid in full on or
before December 20, 2007, in which case the additional  payment  incentive shall
be reduced to  $25,000.  At any time,  the Payee may  convert all or part of the
remaining  principal  balance and accrued  interest into shares of the Company's
Common Stock based on 50% of the average of the lowest three  closing bid prices
in the past 20 trading days  immediately  preceding  such  conversion so long as
such conversions shall not exceed 4.99% of the then outstanding  common stock of
the Company.  A debt discount of $30,506 was calculated in accordance  with EITF
00-27  and is being  amortized  over the life of the  debenture.  In the  second
quarter,  the embedded  conversion option was accounted for under EITF 00-19 and
we accounted for the embedded conversion option as a derivative  liability.  The
Company  removed the derivative  liability in the third quarter and restated the
note as a result of the  adoption of FAS 150. For the three month and nine month
period ended  September 30, 2007,  the Company  reflected  respective  losses of
$70,556  and  $114,140,  representing  the  change in the value of the  embedded
conversion option. As of September 30, 2007, the note has not been converted and
the principal balance remains at $50,000.

On June 1, 2007,  the Company  entered into a Promissory  Note for $10,000 to be
paid no later than June 1, 2008 with an interest rate of 11%. As an incentive to
the payee, the Company will make additional payments of $10,000 on or by the due
date unless (a) the principal is paid in full on or before  December 2, 2007, in

                                       12
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


which case the additional  payment  incentive  shall be reduced to $2,500 or (b)
the  principal  is paid in full on or before  March 2,  2008,  in which case the
additional  payment  incentive shall be reduced to $5,000. No payments were made
during the third quarter.

On September 17, 2007, the Company  entered into a Convertible  Promissory  Note
for  $36,000 to be paid no later  than  August 28,  2008 with 11%  interest  per
annum. In connection  with this  transaction,  144,000  warrants to purchase the
common  stock of the  Company at $.25 were  issued  with an  expiration  date of
September 17, 2012. The warrants issued to the investors in this transaction are
exercisable for a period of five years commencing  immediately after the date of
issuance at an exercise  price of $.25 per share.  Utilizing  the  Black-Scholes
valuation model and the following assumptions:  estimated volatility of 299.55%,
a contractual life of five years, a zero dividend rate, 4.21% risk free interest
rate,  and the fair  value of common  stock of $0.02 per share at date of grant,
the Company determined the allocated fair value of the warrant to be $3,161. The
Company has recorded this amount as a debt  discount and is amortizing  the debt
discount  over the term of this Note.  The  amortization  is being  recorded  as
interest  expense and totaled $120 for the nine months ended September 30, 2007,
for the three months ended September 30, 2007, and for the period from inception
to  September  30, 2007.  As an  incentive  to the payee,  the Company will make
additional payments of $36,000 on or by the due date unless (a) the principal is
paid in full on or before February 29, 2008 in which case the additional payment
incentive shall be reduced to $18,000 or (b) the principal is paid in full on or
before May 31, 2008, in which case the  additional  payment  incentive  shall be
reduced  to  $22,500.  At any time,  the Payee  may  convert  all or part of the
remaining  principal  balance and accrued  interest into shares of the Company's
Common Stock based on 50% of the average of the lowest three  closing bid prices
in the past 20 trading days  immediately  preceding  such  conversion so long as
such conversions shall not exceed 4.99% of the then outstanding  common stock of
the Company.  A debt discount of $32,839 was calculated in accordance  with EITF
00-27  and is being  amortized  over the life of the  debenture.  In the  second
quarter,  the embedded  conversion option was accounted for under EITF 00-19 and
we accounted for the embedded conversion option as a derivative  liability.  The
Company  removed the derivative  liability in the third quarter and restated the
note as a result of the  adoption of FAS 150.  For the three month  period ended
September 30, 2007,  the Company  reflected an expense of $82,181,  representing
the  initial  fair  value and  subsequent  change  in the value of the  embedded
conversion option. As of September 30, 2007, the note has not been converted and
the principal balance remains at $36,000.

SHORT TERM NOTE PAYABLE - SHAREHOLDERS

On August 21, 2006, the Company issued a $250,000  convertible note payable to a
shareholder  and an  entity  owned  by  such  shareholder  in  exchange  for the
retirement of the shareholder's Series B preferred stock and all related accrued
interest.  See Note 9. On March 14, 2007,  the Note was amended with the monthly
payments of $5,000 or more deferred until June 1, 2007 and the due date extended
from August 30,  2007 to May 30,  2008.  At any time after  giving  notice,  the
Holder  has the option to convert  all or part of the  remaining  balance of the
note into common stock of the Company  based on 75% of the average of the lowest
five closing bid prices in the past 20 trading days  immediately  preceding such
conversion  so long as such  conversion  shall  not  exceed  4.99%  of the  then
outstanding  shares of common  stock of the Company.  Furthermore,  on March 26,
2007,  the Note was  bifurcated  into two  separate  notes with all prior unpaid
principal  and  interest  rolled up into these two  notes.  A debt  discount  of
$239,556 was  calculated  in accordance  with EITF 00-27 and is being  amortized
over the life of the debenture.  In the second quarter,  the embedded conversion
option was  accounted  for under EITF 00-19 and we  accounted  for the  embedded
conversion option as a derivative liability.  The Company removed the derivative
liability in the third quarter and restated the note as a result of the adoption

                                       13
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


of FAS 150. During the quarter,  the note Holders converted a total of $8,791 of
principal and interest payments. For the three month and nine month period ended
September  30,  2007,  the Company  reflected  respective  losses of $39,409 and
$210,133.13,  representing  the change in the value of the  embedded  conversion
option.  During the second quarter,  one of the two notes was fully paid off and
as of the end of the period the  principal  balance  on the  remaining  note was
$169,466. The Company is current with the payments on the remaining note through
October 31, 2007.

On September 17, 2007, the Company  entered into a Convertible  Promissory  Note
for  $30,000 to be paid no later  than  August 28,  2008 with 11%  interest  per
annum. In connection  with this  transaction,  120,000  warrants to purchase the
common  stock of the  Company at $.25 were  issued  with an  expiration  date of
September 17, 2012. The warrants issued to the investors in this transaction are
exercisable for a period of five years commencing  immediately after the date of
issuance at an exercise  price of $.25 per share.  Utilizing  the  Black-Scholes
valuation model and the following assumptions:  estimated volatility of 299.55%,
a contractual life of five years, a zero dividend rate, 4.21% risk free interest
rate,  and the fair  value of common  stock of $0.02 per share at date of grant,
the Company determined the allocated fair value of the warrant to be $2,634. The
Company has recorded this amount as a debt  discount and is amortizing  the debt
discount  over the term of this Note.  The  amortization  is being  recorded  as
interest  expense and totaled $100 for the nine months ended September 30, 2007,
for the three months ended September 30, 2007, and for the period from inception
to  September  30, 2007.  As an  incentive  to the payee,  the Company will make
additional payments of $30,000 on or by the due date unless (a) the principal is
paid in full on or before February 29, 2008 in which case the additional payment
incentive shall be reduced to $15,000 or (b) the principal is paid in full on or
before May 31, 2008, in which case the  additional  payment  incentive  shall be
reduced  to  $22,500.  At any time,  the Payee  may  convert  all or part of the
remaining  principal  balance and accrued  interest into shares of the Company's
Common Stock based on 50% of the average of the lowest three  closing bid prices
in the past 20 trading days  immediately  preceding  such  conversion so long as
such conversions shall not exceed 4.99% of the then outstanding  common stock of
the Company. No payments were made during the third quarter.

LONG TERM NOTES PAYABLE/ LONG TERM NOTES PAYABLE SHAREHOLDERS

On May 8, 2007 the  Company  amended an  earlier  Promissory  Note for  $129,240
($121,920 in principal and $7,320 accrued interest). Furthermore, on May 8, 2007
the Company bifurcated the Note and entered into two separate Notes: (i) one for
$100,000 with 5% interest  pursuant to which the Company is obligated to make 24
monthly  principal and interest  payments of $4,387 commencing July 1, 2007 with
final  payment  July 1, 2009 and (ii) a second Note for $29,240 with 5% interest
pursuant  to which the Company is  obligated  to make 24 monthly  principal  and
interest  payments of $1,283  commencing July 1, 2007 with final payment July 1,
2009 (this  second Note is payable to a  shareholder).  At any time after giving
notice, the Holder has the option to convert all or part of the accrued interest
and remaining principal of either note based on 70% of the average of the lowest
five closing bid prices in the past 20 trading days  immediately  preceding such
conversion  so long as the total number of shares  issued to Holder will be such
that the number of shares  beneficially  owned by Holder will be less than 4.99%
of the outstanding common shares of the Company. The Company has determined that
these modified terms are not substantially  different than the original terms as
defined in EITF 96-19:  DEBTOR'S  ACCOUNTING FOR A  MODIFICATION  OR EXCHANGE OF
DEBT  INSTRUMENTS,  and,  therefore,  this  renegotiation  did not result in the
recognition  of a gain or loss. A debt  discount of $129,240 was  calculated  in
accordance with EITF 00-27: APPLICATION OF ISSUE NO. 98-5 TO CERTAIN CONVERTIBLE
INSTRUMENTS,  and is being  amortized  over the  life of the  debenture.  In the
second  quarter,  the embedded  conversion  option was  accounted for under EITF
00-19 and we  accounted  for the  embedded  conversion  option  as a  derivative
liability. The Company removed the derivative liability in the third quarter and

                                       14
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


restated  the note as a result of the  adoption of FAS 150.  For the three month
and nine month period ended September 30, 2007, the Company reflected respective
losses of  $44,978  and  $182,487,  representing  the change in the value of the
embedded  conversion  option.  As of September  30, 2007,  neither note has been
converted and the combined principal balance remains at $129,240.

On July 31, 2007,  the Company  entered into a Convertible  Promissory  Note for
$350,000  for the  acquisition  of a 51%  interest  in the Rose Top (Rose  Best)
project (see Note 11 - Acquisitions).  The note is to be paid no later than July
31,  2009  with 8%  interest  per  annum.  At any time and with 30 days  written
notice,  the Company may convert the Promissory Note into preferred stock of the
Company at mutually  agreed upon terms.  At any time on or after July 31,  2009,
the Payee may convert all or part of the remaining principal balance and accrued
interest into shares of the  Company's  Common Stock based on 80% of the average
of the lowest five  closing bid prices in the past 20 trading  days  immediately
preceding such conversion so long as such conversions  shall not exceed 4.99% of
the then outstanding  common stock of the Company.  No payments were made during
the third quarter.

OTHER NOTES PAYABLE

On May 2, 2007, Motorsports Emporium, Inc.  ("Motorsports") entered into a Stock
Sale and Purchase  Agreement with Axia Group,  Inc.  ("Axia") and  International
Building  Technologies,  Inc. ("IBT"),  pursuant to which  Motorsports  acquired
50,000,000  shares of IBT common stock (or approximately 80% of IBT's issued and
outstanding  common  stock)  from  Axia for  consideration  consisting  of (i) a
$1,000,000  Convertible Note and (ii) 20,000,000  shares of Motorsports'  common
stock. As of September 27, 2007, the Company and Axia Group,  Inc.  renegotiated
and  agreed to amend the terms and  conditions  of the Stock  Sale and  Purchase
Agreement to rescind the $1,000,000 Convertible Note. See Note 11 - Acquisition.

The unaudited Chart below summarizes the Notes Payable mentioned in Note 5:

<TABLE>
<CAPTION>
                                                                                                         Amount
  Terms                                                                                               (Unaudited)
  -----                                                                                               -----------
<S>                                                                                                 <C>
SHORT TERM NOTES PAYABLE:
  - 11%; principal of $50,000; convertible to common stock based on 50% of average price; due
      on 3/21/2008, net of unamortized discount due to warrants of $11,112 and due to debt
      discount of $18,014; 200,000 warrants exercisable at $.025 per share expiring in 2012            $  20,874
  - 11% Interest; $122,500 incentive bonus unless paid by certain deadlines; due 3/20/2008;
      490,000 warrants exercisable at $0.25 per share expiring in 2012                                    95,437
  - 11% Interest; $30,000 incentive bonus unless paid by certain deadlines; due 3/20/2008;
      120,000 warrants exercisable at $0.25 per share expiring in 2012                                    23,372
  - 11% Interest; $97,500 incentive bonus unless paid by certain deadlines; due 3/20/2008;
      390,000 warrants exercisable at $0.25 per share expiring in 2012                                    73,215
  - 11% Interest; $10,000 incentive bonus unless paid  by certain deadlines; due 6/01/2008                10,000
  - 11% Interest; $36,000 incentive bonus unless paid by certain deadlines; due 8/28/08;
      144,000 warrants exercisable at $0.25 per share expiring in 2012                                     1,354
                                                                                                       ---------
   TOTAL SHORT TERM NOTES PAYABLE                                                                      $ 224,252
                                                                                                       ---------

SHORT TERM NOTES PAYABLE TO SHAREHOLDERS:
  - 10% Interest; principal of $169,466 monthly payments of $4,396; convertible to common stock
      based on 75% of average price; due on 5/30/2008, net of unamortized discounted related to
      the debt discount of $86,890                                                                     $  82,576
  - 11% Interest; $30,000 incentive bonus unless paid by certain deadlines; due 8/28/08;
      120,000 warrants exercisable at $0.25 per share expiring in 2012; $20,000 received as of
      9/30/07 - remaining $10,000 received mid-October. Calculations done based on $30,000
      quarter end                                                                                          1,129
  |X| Portion of $30,000 note received after September 30, 2007                                          (10,000)
                                                                                                       ---------
  TOTAL SHORT TERM NOTES PAYABLE TO SHAREHOLDER                                                        $  73,705
                                                                                                       ---------
</TABLE>

                                       15
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


<TABLE>
<CAPTION>
<S>                                                                                                 <C>
LONG TERM NOTES PAYABLE:
  - 5% Interest; principal of $100,000 monthly payments of $4,387; convertible to common stock
      based on 70% of average price; due on 7/1/2009, net of unamortized discount related to
      the debt discount of $73,760                                                                     $  26,240
  - 8% Interest;  $350,000 Principal; Due July 31, 2009                                                  350,000
                                                                                                       ---------
  TOTAL LONG TERM NOTES PAYABLE                                                                        $ 376,240
                                                                                                       ---------

LONG TERM NOTES PAYABLE TO SHAREHOLDERS:
  - 5% Interest; principal of $29,240, monthly payments of $1,283; convertible to common stock
      based on 70% of average price; due on 7/1/2009                                                       7,673
                                                                                                       ---------
  TOTAL LONG TERM NOTES PAYABLE TO SHAREHOLDER                                                         $   7,673
                                                                                                       ---------
</TABLE>

NOTE 6: RELATED PARTY TRANSACTIONS

After  selling  IBT to the  Company,  Axia  advanced  $10,675 to IBT for various
expenses of which  $10,000  was repaid in the second  quarter and the balance of
$675 was paid in the third quarter.

NOTE 7: COMMON STOCK

CONSULTING SERVICES

During the period ended September 30, 2007, the Company issued  3,911,810 shares
of common stock valued $174,349 to consultants for contracted services rendered.
Of this amount  566,283  shares of the Company's  common stock valued at $31,283
were issued to parties in connection  with consulting  services  rendered in the
past but not paid. The balance of 3,345,527 shares of the Company's common stock
valued at $143,066 was issued to various  consultants  for  contracted  services
incurred and paid during the period.

COMMON STOCK ISSUED FOR REPAYMENT OF DEBT

During the period  ended  September  30,  2007,  the  Company  issued a total of
3,150,596  shares of common stock valued  $120,855 for payment and settlement of
debt. The details are as follows:

     -    During the first quarter 2007,  166,667 shares of the Company's common
          stock were issued to an officer for repayment of debt in lieu of cash.
          The shares were valued at $5000 and were issued at market price.
     -    During the second  quarter of 2007,  the Company issued 333,334 shares
          of common stock valued at $23,333 to a third party to cancel a debt in
          the amount of $10,000.
     -    During the second  quarter of 2007,  the Company issued 220,000 shares
          of common stock valued at $13,200 to a third party to cancel a debt in
          the amount of $11,000.
     -    On August 21, 2006,  the Company  issued a $250,000  convertible  note
          payable to a shareholder  and an entity owned by such  shareholder  in
          exchange for the  retirement of the  shareholder's  Series B preferred
          stock and all related accrued interest. See Note 9. On March 14, 2007,
          the Note was  amended  with the  monthly  payments  of  $5,000 or more
          deferred  until June 1, 2007 and the due date extended from August 30,
          2007 to May 30, 2008. At any time after giving notice,  the Holder has
          the option to convert all or part of the remaining balance of the note
          into common  stock of the  Company  based on 75% of the average of the
          lowest five closing bid prices in the past 20 trading days immediately
          preceding such conversion so long as such conversion  shall not exceed

                                       16
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


          4.99% of the then  outstanding  shares of common stock of the Company.
          During the second quarter, the note Holder was issued 1,979,771 common
          shares  valued at $70,531 for the payment of principal and interest on
          debt.  During the third  quarter,  the note Holder was issued  450,824
          common  shares  valued at $8,791  for the  payment  of  principal  and
          interest on debt.

COMMON STOCK ISSUED FOR STOCK OPTION GRANTS

During the first quarter,  the Company granted stock options to purchase 478,721
common  shares to its  employees  which were fully  exercised for $30,698 in the
same quarter.  The Company did not grant any stock options  during the second or
third quarters.

COMMON STOCK ISSUED FOR ASSET PURCHASE

On May 2, 2007,  the Company  entered into a Stock Sale and  Purchase  Agreement
with Axia  Group,  Inc.  ("Axia"),  International  Building  Technologies,  Inc.
("IBT") and its Hong Kong subsidiary  International  Building  Technologies Co.,
Ltd. ("IBT LTD"),  pursuant to which Motorsports  acquired  50,000,000 shares of
IBT's common stock from Axia for 20,000,000 common shares of Motorsports  valued
at $1,300,000.  The value of the 20,000,000  common shares issued was determined
based on the average market price of  Motorsport's  common shares over the 2-day
period before and the terms of the acquisition were agreed to and announced (see
Note 11 - Acquisitions).

COMMON STOCK ISSUED FOR CASH

During the first  quarter the Company  sold stock to an investor  for $20,000 in
cash. The investor was issued 787,840 common shares.

During the third quarter, the Company sold stock to an investor for $5,838.50 in
cash. The investor was issued 400,000 common shares.

NOTE 8: STOCK OPTIONS & WARRANTS

The Company's  stock options  awarded to employees  contain a variable  exercise
price that is dependent  upon the market price of the Company's  common stock at
the date of exercise  and,  therefore,  are  accounted  for as variable  awards.
During the third quarter of fiscal 2007 and 2006, the Company  recognized $0 and
$2,481, respectively, of compensation expense associated with stock options.

All share grants were valued based on quoted  market prices on the date of grant
and all amounts were expensed during the first quarter of fiscal 2007.

As of September 30, 2007 the Company had no stock options outstanding.

The  following  chart  summarizes  the unaudited  Stock Options  activity of the
Company as of period ended September 30, 2007.

                                       17
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


                                               Weighted Average
     Date                        Shares         Exercise Price
     ----                        ------         --------------
Outstanding 12/31/2006                 --               --
Granted                           478,721         $   0.05
Exercised                        (478,421)        $   0.05
Expired                                --               --
                                 --------         --------
Outstanding at 09/30/2007              --               --
                                 ========         ========

The Company issued  warrants in connection  with the promissory  notes it signed
during the period ended  September  30, 2007.  Each warrant gives the holder the
right to subscribe to and purchase  from  International  Building  Technologies,
Inc. one share of the Company's common stock, no par value, exercisable at $0.25
per share any time after date of issuance  and is set to expire five years after
date of issuance. The Company issued a total of 264,000 warrants for the quarter
ended  September  30,  2007  and a total of  1,464,000  warrants  for the  three
quarters ending September 30, 2007.

The fair value of each warrant award is estimated on the date of grant using the
Black-Scholes  option  valuation  model that uses the  assumptions  noted in the
following  table.  Expected  volatilities  are  based on  volatilities  from the
Company's  traded  common stock.  The expected  term of the warrants  granted is
estimated at the contractual term as noted in the individual  option  agreements
and represents  the period of time that the warrants  granted are expected to be
outstanding.  The risk-free rate for the periods within the contractual  life of
the  option  is based on the U.S.  Treasury  bond  rate in effect at the time of
grant for bonds with maturity dates at the estimated term of the options.

                                    Quarter ended         Quarter ended
                                    June 30, 2007       September 30, 2007
                                    -------------       ------------------
Expected volatility                        211.36%           299.55%
Weighted-average volatility                 52.84%           149.75%
Expected dividends                  $          --           $    --
Expected term (in years)                        5                 5
Risk-free rate                       4.71% - 4.76%             4.21%

The following  unaudited table  summarizes the warrants the Company issued as of
the three quarters ended September 30, 2007.

<TABLE>
<CAPTION>
                                                                        Weighted-Average
                                                                           Remaining        Aggregate
                                                    Weighted-Average      Contractual       Intrinsic
Options                                 Shares       Exercise Price           Term             Value
-------                                 ------       --------------           ----             -----
<S>                                   <C>            <C>                  <C>             <C>
Outstanding at December 31, 2006             --          $   --
Granted                               1,464,000          $ 0.25
Exercised                                    --          $   --
Forfeited or expired                         --          $   --
                                      ---------          ------                ----          ---------
Outstanding at September 30, 2007     1,464,000          $ 0.25                   5          $ 122,756
                                      =========          ======                ====          =========
Exercisable at September 30, 2007     1,464,000          $ 0.25                   5          $ 122,756
                                      =========          ======                ====          =========
</TABLE>

                                       18
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


NOTE 9: RETIREMENT OF SERIES B PREFERRED STOCK IN EXCHANGE FOR NOTE PAYABLE

On August 21, 2006, all of the outstanding  shares of Series B Preferred  Stock,
consisting of shares held by our CEO, a former  director and a shareholder  were
retired in  exchange  for cash  compensation  of $1 each to the CEO and a former
director and a convertible note payable in the principal amount of $250,000 to a
shareholder.  The  Company  has  determined  that  this  transaction  meets  the
definition of an extinguishment  based on the guidance  contained in EITF 96-19:
DEBTOR'S  ACCOUNTING FOR A MODIFICATION  OR EXCHANGE OF DEBT  INSTRUMENTS,  and,
therefore,  the  Company  has  recognized  a loss on  extinguishment  of debt of
$116,405 related to this transaction.

Under  the  terms of the note  payable,  interest  accrues  at a rate of 10% per
annum, with monthly principal  payments of $5,000 per month beginning sixty days
from the date of the note.  On March 14,  2007,  the holders of the note payable
executed an amendment to the note  payable,  which  provided for the deferral of
payments  under the note payable  until June 2007,  and extended the term of the
note from August  2007,  to August 2008.  The Company is current  with  payments
through October 31, 2007.

NOTE 10: SERIES C PREFERRED STOCK

On July 20, 2006, the Company  established and authorized up to 3,000,000 shares
of no par value Series C Preferred Stock. On May 30, 2007, the Company redefined
the rights of the Series C Preferred to provide for mandatory  redemption by the
Company in the event the Company  meets  certain  funding  milestones  or if the
Company is acquired or  purchased  or in the event of a change in control of the
Company.  According to FASB 150,  ACCOUNTING FOR CERTAIN  FINANCIAL  INSTRUMENTS
WITH CHARACTERISTICS OF BOTH LIABILITIES AND EQUITY, a financial instrument that
is defined as "mandatorily  redeemable"  shall be classified as a liability.  If
the  instrument  embodies  a  conditional   obligation,   it  is  classified  as
"mandatorily  redeemable" if the event occurs or becomes certain to occur. As of
quarter end, the  conditional  obligations  of Series C Preferred  Stock had not
occurred nor were they certain to occur, resulting in equity treatment.

The Series C Shares have the following voting powers, designations, preferences,
limitations, restrictions and relative rights:

a. Designation: Series C Preferred Stock

b. Authorized Shares: 3,000,000

c. Liquidation Rights: None

d. Dividend Rights: None

e. Conversion Rights: None

f. Voting Rights: 3,000 votes per share

g. Mandatory Redemption Rights:

In the event the  Company  achieves  $1,500,000  in funding,  the Company  shall
convert each Series C Share into $5.00 worth of the Company's  common stock,  if
the funding  occurs  before  October 31, 2007.  If the funding takes place after

                                       19
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


October 31, 2007,  but before May 1, 2008, the Company shall convert each Series
C Shares into $5.25 worth of the Company's  common stock.  If the funding occurs
after May 1, 2008,  the  Company  shall  convert  each Series C Share into $5.50
worth of the Company's  common stock.  For purposes of this redemption  feature,
the number of shares  issuable upon mandatory  conversion  shall be based on the
average of the closing  bid prices for the  Company's  common  stock on the five
trading days preceding the conversion.

NOTE 11 - ACQUISITIONS

INTERNATIONAL BUILDING TECHNOLOGIES, INC.

On May 2, 2007, Motorsports Emporium, Inc.  ("Motorsports") entered into a Stock
Sale and  Purchase  Agreement  with Axia  Group,  Inc.  ("Axia"),  International
Building Technologies,  Inc. ("IBT") and its Hong Kong subsidiary  International
Building  Technologies  Co.,  Ltd.  ("IBT LTD"),  pursuant to which  Motorsports
acquired  50,000,000 shares of IBT's common stock (or approximately 80% of IBT's
issued and outstanding  common stock) from Axia for  consideration of $2,300,000
consisting  of a (i)  $1,000,000  Convertible  Note and (ii)  20,000,000  common
shares of Motorsports valued at $1,300,000. Subsequently, on September 27, 2007,
the  Company  and Axia Group  renegotiated  the terms and agreed to rescind  the
$1,000,000   Convertible   Promissory   Note  changing  the  purchase  price  to
$1,300,000.  The value of the  20,000,000  common shares  issued was  determined
based on the average market price of  Motorsport's  common shares over the 2-day
period before and the terms of the acquisition were agreed to and announced.

IBT is a  corporation  owning the rights to  manufacture  and sell light  weight
building panels used in construction all over the world. The building panels can
be used in a variety of ways to erect  buildings  up to six stories tall without
the need of a traditional  wood or steel frame  structure.  Management  believes
that the product offers significant cost savings compared to traditional methods
of construction, faster construction, and greater energy savings. The technology
used meets worldwide  strength and durability  tests. The IBT technology is also
versatile in its use and can be used to create unique  architectural  and design
elements.  IBT  also  provides  Site  Planning,  Architectural  and  Engineering
Services, Contractor Services,  Materials,  Equipment, Training and Supervision.
IBT LTD has  contractual  rights and  business  relationships  to do business in
China.

The  acquisition  has  been  accounted  for as a  purchase  in  accordance  with
Statement of Financial  Accounting Standard No. 141 BUSINESS  COMBINATIONS.  The
total purchase price was allocated as follows:

                   Cash                         $     6,195
                   Fixed assets                       6,224
                   Other assets                       3,534
                   Current liabilities               (3,947)
                   Minority Interest                (15,000)
                   Goodwill                       1,302,994
                                                -----------
                   Purchase price               $ 1,300,000
                                                ===========

                                       20
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


None of the  $1,302,994  of goodwill is subject to  amortization,  but an annual
impairment  test.  As of the date of these  financial  statements  no triggering
event has occurred which would indicate an impairment of this amount.

The Company's condensed  consolidated  financial  statements include IBT and its
subsidiary's results of operations subsequent to its acquisition on May 2, 2007.

Below is the  supplemental  pro forma  information that discloses the results of
operations  as though the  business  combination  had been  completed  as of the
beginning of the period being reported on. During the  corresponding  periods in
the preceding year, IBT had no activity and the subsidiary was not in existence.

               INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                    (FORMERLY MOTORSPORTS EMPORIUM, INC.)
               PRO FORMA CONSOLIDATED STATEMENTS OF OPERATIONS
                                 (UNAUDITED)

<TABLE>
<CAPTION>
                                                   Three Months Ended September 30,       Nine Months Ended September 30,
                                                  ---------------------------------      ---------------------------------
                                                      2007                  2006             2007                  2006
                                                  -----------           -----------      -----------           -----------
<S>                                               <C>                   <C>              <C>                   <C>
Operating loss                                    $  (198,323)          $  (252,668)     $  (607,997)          $  (918,608)
Other income (expense):
  Interest income                                           6                    --               63                    46
  Interest expense                                   (207,926)               (8,083)        (388,212)              (22,434)
  Rapid Funding settlement expense                         --                    --               --               (40,496)
  Gain on extinguishment of debt                           --               (88,836)         110,231               (84,887)
  Loss on Disposal of Assets                               --                    --           (4,178)                   --
  Minority interest in net loss of subsidiary           5,572                    --           10,164                    --
  Other income (expense)                                  598                 1,893           (3,100)                7,728
                                                  -----------           -----------      -----------           -----------
      Total other income (expense)                   (201,750)              (95,026)        (275,032)             (140,043)
                                                  -----------           -----------      -----------           -----------
Loss from continuing operations                      (400,073)             (347,694)        (883,029)           (1,058,651)
                                                  -----------           -----------      -----------           -----------

Income (loss) on discontinued operations               (9,250)                 (270)          (6,977)                6,087
                                                  -----------           -----------      -----------           -----------
Net loss                                             (409,323)             (347,964)        (890,006)           (1,052,564)

Other comprehensive income:
  Foreign Currency Translation                           (151)                   --             (502)                   --
                                                  -----------           -----------      -----------           -----------
Comprehensive income (loss)                       $  (409,474)          $  (347,964)     $  (890,508)          $(1,052,564)
                                                  ===========           ===========      ===========           ===========
Net loss per common share - basic and diluted
  Continuing operations                           $     (0.01)          $     (0.18)     $     (0.05)          $     (0.66)
                                                  ===========           ===========      ===========           ===========
  Discontinued operations                         $     (0.00)          $     (0.00)     $      0.00           $      0.00
                                                  ===========           ===========      ===========           ===========
  Net loss per common share                       $     (0.01)          $     (0.18)     $     (0.05)          $     (0.65)
                                                  ===========           ===========      ===========           ===========
Weighted average common shares outstanding:
  Basic                                            29,738,264             1,964,961       16,554,890             1,613,738
                                                  ===========           ===========      ===========           ===========
</TABLE>

A gain in the amount of  $77,000  was  recognized  prior to the  acquisition  by
Motorsports.  This  relief of debt by the debt holder was part of the Stock Sale
and Purchase Agreement. This item is a nonrecurring item and only applies to and
is only included on the "Pro Forma Consolidated Statement of Operations."

                                       21
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

            Notes to the Condensed Consolidated Financial Statements
                    September 30, 2007 and December 31, 2006


SUINING YINFA CONSTRUCTION AND ENGINEERING CO. - ROSE TOP GRADE PROJECT

In July 2007, our wholly owned subsidiary,  International Building Technologies,
Co.,  Ltd.  ("IBT  LTD"),  a Hong Kong  corporation,  entered  into an asset and
purchase agreement with China based Suining Yinfa Construction & Engineering Co,
Ltd. for 51% interest in a Chinese building projected named Rose Top Grade (Rose
Best) Project.  The Rose Top Grade (Rose Best)  Project,  already  underway,  is
located  in  the  Sichuan  Province  of  China  and  consists  of  four  upscale
residential  apartment  buildings  with a total  building area of  approximately
49,500 square meters  (537,000 sq feet).  The project is anticipated to generate
revenue from the 50,000,000 RMB (approximately $6,700,000 USD) contract over the
next 17 months,  51% of which will be allocated to our subsidiary  International
Business  Technologies.  We  purchased  51% of the Rose Top  Grade  (Rose  Best)
Project from Suining Yinfa for $350,000 USD, payable July 2009.

NOTE 12:  SUBSEQUENT EVENTS

     -    On October 5, 2007,  the Company  entered into a  Promissory  Note for
          Sixty  Thousand  Dollars  ($60,000) to be paid no later than August 5,
          2008 with an interest  rate of 13.2%.  Two Hundred and Forty  Thousand
          (240,000) warrants were issued in connection with this Note.
     -    After  the  period  ended  September  30,  2007,  the  Company  issued
          3,682,976 shares of the Company's common stock for debt repayment.
     -    After  the  period  ended  September  30,  2007,  the  Company  issued
          6,158,361 shares of the Company's common stock to various  Consultants
          under the Company's S-8 plan.

                                       22
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                   MANAGEMENT'S DISCUSSION AND ANALYSIS TO THE
                   CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                    SEPTEMBER 30, 2007 AND DECEMBER 31, 2006


ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

For a description of our significant accounting policies and an understanding of
the significant factors that influenced our performance during the quarter ended
September  30, 2007,  this  "Management's  Discussion  and Analysis of Financial
Condition  and Results of  Operations"  should be read in  conjunction  with the
Consolidated  Financial  Statements,  including the related notes,  appearing in
Item 1 of this Quarterly  Report, as well as the Company's Annual Report on Form
10-KSB for the year ended December 31, 2006.

CAUTIONARY FORWARD - LOOKING STATEMENT

 The  foregoing  discussion,  as well as the other  sections  of this  Quarterly
Report on Form  10-QSB,  contains  forward-looking  statements  that reflect our
current   views  with   respect  to  future   events  and   financial   results.
Forward-looking  statements usually include the verbs "anticipates," "believes,"
"estimates," "expects," "intends," "plans," "projects,"  "understands" and other
verbs  suggesting  uncertainty.  We  remind  shareholders  that  forward-looking
statements  are  merely   predictions  and  therefore   inherently   subject  to
uncertainties  and other factors which could cause the actual  results to differ
materially from the forward-looking  statements.  Such factors and uncertainties
include, but are not limited to the following:

     -    the volatile and competitive nature of the industry,
     -    the uncertainties surrounding the rapidly evolving markets in which we
          compete,
     -    the uncertainties surrounding technological change of the industry,
     -    our dependence on its intellectual property rights,
     -    the success of marketing efforts by third parties,
     -    the changing demands of customers, and
     -    the arrangements with present and future customers and third parties.

Should one or more of these risks or uncertainties  materialize or should any of
the underlying assumptions prove incorrect, actual results of current and future
operations may vary materially from those anticipated.

GENERAL

Prior to December 1, 2004 the  Company was known as Ten Stix,  Inc.  and changed
its name to MotorSports Emporium, Inc. on December 1, 2004 under the laws of the
State of Nevada to engage in the motor  sports  industry  targeting  enthusiasts
participating  in die  cast  collecting,  automobile  restoration,  purchase  of
high-performance  accessories,  motor  sports  related  collectibles,   driver's
apparel,  race  venues and  product  licensing.  On July 12,  2007,  the Company
reported in a  Definitive  Schedule 14C that the Company was going to change its
name to International  Building  Technologies  Group, Inc. to better reflect its
change of business  from motor sports  related to building and  construction  of
lightweight  panels.  On July 17,  2007 the  Company  amended  its  articles  of
incorporation to change its name to International  Building  Technologies Group,
Inc. effective on August 6, 2007. According to FASB 7, the Company has reentered
the development stage. The Company devotes most of its efforts to establishing a
new  business,  raising  capital,  establishing  sources  of  supply,  acquiring

                                       23
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                   MANAGEMENT'S DISCUSSION AND ANALYSIS TO THE
                   CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                    SEPTEMBER 30, 2007 AND DECEMBER 31, 2006


property,  plant, equipment, and other operating assets. The Company's shares of
common stock trade on the OTC Bulletin Board under the symbol "INBG.OB".

Our principal  executive  offices are located at 1151 Harbor Bay Parkway,  Suite
202,  Alameda,  CA 94502.  Our telephone  number is (510) 814-3778 and facsimile
number is (510)  814-0366.  More  information  regarding  our  products  and the
Company is available on our website at www.ibtgi.com.

EXECUTIVE OVERVIEW

In 2004,  we entered the motor sports  industry  selling die cast model cars. In
2005 we created several divisions to sell race worn memorabilia (helmets, gloves
and racing  suits),  automotive  related art and high  performance  brake fluid.
Additionally,  in 2006 we created a car wash  product  named after a  well-known
racing  legend.  Up until the end of our first  quarter in 2007 we  continued to
focus our efforts on our high  performance  brake fluid and  specialty  car care
product lines,  however due to a change in control and certain recent events, we
changed our business  operations to better reflect  management's  experience and
our expertise in the light weight panel industry where we can better concentrate
on global construction and engineering projects. Throughout the second and third
quarters  of 2007 we  divested  ourselves  from the motor  sports  business  and
transitioned  into the business of lightweight  panel  construction  through our
wholly owned subsidiary International Building Technologies, Inc.

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.  The Company
provides  customers  with  architectural  design,  panel supply,  supervision of
installation, engineering, training, and technical support.

We  currently  have signed  Memorandums  of  Understanding  and are  negotiating
contracts for various projects throughout China. Our endeavors include an entire
new town, a university campus,  luxury  condominiums,  resorts,  social interest
homes,  and  standard  industrial  buildings.   We  strive  to  establish  fully
operational  panel  facilities  throughout  China,  where they are building more
square feet of new housing,  commercial, and industrial buildings than any other
country.

In July 2007, our wholly owned subsidiary,  International Building Technologies,
Co.,  Ltd.  ("IBT  LTD"),  a Hong Kong  corporation,  entered  into an asset and
purchase agreement with China based Suining Yinfa Construction & Engineering Co,
Ltd. for 51% interest in a Chinese  building  project named Rose Top Grade (Rose
Best) Project.  The Rose Top Grade (Rose Best)  Project,  already  underway,  is
located  in  the  Sichuan  Province  of  China  and  consists  of  four  upscale
residential  apartment  buildings  with a total  building area of  approximately
49,500 square meters  (537,000 sq feet).  The project is anticipated to generate
revenue from the 50,000,000 RMB (approximately $6,700,000 USD) contract over the
next 17 months,  51% of which will be allocated to our subsidiary  International
Business  Technologies.  We  purchased  51% of the Rose Top  Grade  (Rose  Best)
Project from Suining Yinfa for $350,000 USD, payable July 2009.

We have been incurring selling, general and administrative expenses primarily to
develop our existing businesses,  improve our current  infrastructure to address
anticipated growth and identify and evaluate  complementary business development
opportunities  and marketing.  The  development  of these  businesses has led to
recent  operating  losses and cash  outflows.  However,  we  believe  that these
actions will allow us to generate positive operating results in the future.

                                       24
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                   MANAGEMENT'S DISCUSSION AND ANALYSIS TO THE
                   CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                    SEPTEMBER 30, 2007 AND DECEMBER 31, 2006


RECENT DEVELOPMENTS

REVERSE STOCK SPLIT

Effective  October 31, 2006, the Company  effected a reverse split of our common
stock on a ratio of one  share for every  225  shares of common  stock,  without
decreasing the number of authorized  shares of common stock and without changing
the par value of the common stock. All share counts included in this Form 10-QSB
have been restated for this stock split.

RETIREMENT OF SERIES B PREFERRED STOCK IN EXCHANGE FOR NOTE PAYABLE

On August 21, 2006,  the  outstanding  Series B Preferred  Stock,  consisting of
shares held by our CEO, a former  director  and a  shareholder  were  retired in
exchange for cash compensation of $1 each to the CEO and a former director and a
convertible  note payable in the principal  amount of $250,000 to a shareholder.
The Company has  determined  that this  transaction  meets the  definition of an
extinguishment  based  on  the  guidance  contained  in  EITF  96-19:   DEBTOR'S
ACCOUNTING FOR A MODIFICATION OR EXCHANGE OF DEBT INSTRUMENTS,  and,  therefore,
the Company has recognized a loss on  extinguishment of debt of $116,405 related
to this transaction.

DISCONTINUED OPERATIONS

In the fourth  quarter  of 2006,  the  Company  discontinued  operations  of its
Scottsdale  Diecast  division due to increased  manufacturer's  prices,  slowing
retail sales and increased  competition  from online auction sites.  The Company
sold the balance of its inventory, fixed assets and website. The Company decided
to no longer  focus its efforts in the die cast  business  primarily  because of
increasing   inventory   costs  and  declining   sales  due,  in  part,  to  the
consolidation of the diecast industry.  The Company has subsequently disposed of
all assets  related to this  division in the first  quarter of 2007.  Scottsdale
Diecast's  net revenues for the three months ended  September  30, 2007 and 2006
were $0 and $51,565,  respectively.  Excluding general and administrative  costs
that are not  specifically  identifiable  to Scottsdale  Diecast,  the loss from
discontinued  operations  were  $(9,250)  and $(270) for the three  months ended
September  30,  2007 and 2006,  respectively.  No income  tax  expense  has been
recorded  related  to  the  discontinued  operations  given  the  Company's  net
operating  loss carry  forwards  and related  valuation  allowances.  Prior year
financial  statements  for 2006 have been restated to present the  operations of
the Scottsdale Diecast division as a discontinued operation.

RESULTS OF OPERATIONS

The  results  of  operations  in  the  prior  year  are  not  indicative  of the
performance in neither the current period nor future periods. This is due to the
change  in  business  from  an  exclusive  diecast  merchandising   business  to
developing and  manufacturing  lightweight  panel  technology.  The discontinued
operations  of  Scottsdale   Diecast  in  the  first  quarter  is  reflected  as
Discontinued Operations on the Statement of Operations.

Since  discontinuing the prior business and re-entering the development stage as
of April 1, 2007 the Companies  results of operations has changed.  There are no
revenues  during  the  current  development  stage as we are in the  process  of
starting our  manufacturing  process.  Operating  expenses have decreased  since
expenses  related to the prior  business  activity  are  discontinued.  The most
significant  change in our results of  operations  is in Interest  Expense.  The
amount  increased  largely due to issuances of new debt with  non-cash  interest

                                       25
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                   MANAGEMENT'S DISCUSSION AND ANALYSIS TO THE
                   CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                    SEPTEMBER 30, 2007 AND DECEMBER 31, 2006


expenses such as incentive expenses, accretion of warrants and accretion on debt
discounts  (See Note 5).  These  non-cash  expenses  make up the majority of the
difference between the current year and prior year interest expense.

In 2007, our Other Income (Expense)  included a gain of $33,231  associated with
the settlement of various debts,  which reduced the total amount due to $83,958.
Of this  gain,  $7,538  were  associated  with  the  settlement  of  outstanding
litigation,  which  reduced the total  amount due to $32,000  plus $958 for copy
services related to stock transfer agent records.  These amounts are included in
accrued  expenses on the balance sheet,  and were paid during the second quarter
of 2007.

The discussions above in the Results of Operations are further summarized in the
following table:

               INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                    (FORMERLY MOTORSPORTS EMPORIUM, INC.)
                                 (A DEVELOPMENT STAGE COMPANY)
                        CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                 SUMMARY RESULTS OF STATEMENT OF OPERATIONS
                                 (Unaudited)

<TABLE>
<CAPTION>
                                                    Three Months Ended September 30,           Nine Months Ended September 30,
                                                  -----------------------------------      --------------------------------------
                                                    2007         2006      Difference        2007           2006       Difference
                                                  --------     --------    ----------      --------      ----------    ----------
<S>                                                <C>          <C>           <C>           <C>             <C>          <C>
Operating expenses:
  Selling, general and administrative              201,013      251,314       (50,301)      526,818         913,983      (387,165)
  Depreciation and amortization                      2,013        1,354           659         4,669           4,625            44
                                                  --------     --------      --------      --------      ----------      --------
      Total operating expenses                     203,026      252,668       (49,642)      531,487         918,608      (387,121)
                                                  --------     --------      --------      --------      ----------      --------
Operating loss                                    (203,026)    (252,668)       49,642      (531,487)       (918,608)      387,121
                                                  --------     --------      --------      --------      ----------      --------
Other income (expense):
  Interest expense                                (207,926)      (8,083)     (199,843)     (388,212)        (22,434)     (365,778)
  Other income (expense)                             6,959      (86,943)       93,902        38,737        (117,609)      156,346
                                                  --------     --------      --------      --------      ----------      --------
      Total other income (expense)                (200,967)     (95,026)     (105,941)     (349,475)       (140,043)     (209,432)
                                                  --------     --------      --------      --------      ----------      --------
Loss from continuing operations                   (403,993)    (347,694)      (56,299)     (880,962)     (1,058,651)      177,689
                                                  --------     --------      --------      --------      ----------      --------
Discontinued operations:
  Income (loss) from operations of
   discontinued business                            (9,250)        (270)       (8,980)      (11,151)          6,087       (17,238)
  Income (loss) on disposal of assets                   --           --            --         4,174              --         4,174
                                                  --------     --------      --------      --------      ----------      --------
Income (loss) on discontinued operations            (9,250)        (270)       (8,980)       (6,977)          6,087       (13,064)
                                                  --------     --------      --------      --------      ----------      --------
Net loss                                          (413,243)    (347,964)      (65,279)     (887,939)     (1,052,564)      164,625
                                                  ========     ========      ========      ========      ==========      ========
Net loss per common share - basic and diluted
  Continuing operations                              (0.01)       (0.18)                      (0.05)          (0.66)
                                                  ========     ========                    ========      ==========
</TABLE>

LIQUIDITY AND CAPITAL RESOURCES

Our future  success and  viability  is primarily  dependent  upon our ability to
increase  operating  cash  flows and  develop  new  business  opportunities.  As
discussed in Note 2 to the Consolidated Financial Statements,  Mr. Keaveney sold
his Series C Preferred  Stock to Mr. Kenneth  Yeung.  As a result of Mr. Yeung's
voting power,  he effectively  controls the Company and is considered a "control
person" under  applicable SEC  regulations.  Mr. Yeung agreed to immediately pay
off an aggregate of $202,470 of the Company's liabilities, which debt reductions
were intended to reduce outstanding  liabilities,  including $48,788 owed by the
Company to Keaveney for accrued salary and $38,115 owed by the Company to Rhonda
Keaveney,  the Company's  former Chief  Operating  Officer.  The cash to pay the
liabilities  was received by the Company in March 2007. All related  liabilities
were paid in the second  quarter with the exception of the balance of $37,500 in
accrued salary that is due and owed to David Keaveney.

                                       26
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                   MANAGEMENT'S DISCUSSION AND ANALYSIS TO THE
                   CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                    SEPTEMBER 30, 2007 AND DECEMBER 31, 2006


During the next 12 months,  our  foreseeable  cash  requirements  will relate to
continuing to develop the operations of our wholly owned subsidiary and business
divisions,  maintaining our good standing and making the requisite  filings with
the Securities and Exchange  Commission,  and the payment of expenses associated
with reviewing or investigating any potential business venture.  Because we have
not identified any such venture as of the date of this Report,  it is impossible
to predict the costs.  Additionally,  we may experience a liquidity  predicament
and be required to raise additional capital.  Historically,  we have relied upon
internally  generated funds and funds from the sale of shares of stock and loans
from our  shareholders  and  private  investors  to finance our  operations  and
growth. Management may raise additional capital through future public or private
offerings of our stock or through loans from private  investors,  although there
can be no assurance that we will be able to obtain such  financing.  Our failure
to do so would have a material and adverse affect upon us and our shareholders.

The Chart below  summarizes  our debt (see Note 5 - Notes Payable and Beneficial
Conversions):

<TABLE>
<CAPTION>
                                                                                                         Amount
  Terms                                                                                               (Unaudited)
  -----                                                                                               -----------
<S>                                                                                                 <C>
SHORT TERM NOTES PAYABLE:
  - 11%; principal of $50,000; convertible to common stock based on 50% of average price; due
      on 3/21/2008, net of unamortized discount due to warrants of $11,112 and due to debt
      discount of $18,014; 200,000 warrants exercisable at $.025 per share expiring in 2012            $  20,874
  - 11% Interest; $122,500 incentive bonus unless paid by certain deadlines; due 3/20/2008;
      490,000 warrants exercisable at $0.25 per share expiring in 2012                                    95,437
  - 11% Interest; $30,000 incentive bonus unless paid by certain deadlines; due 3/20/2008;
      120,000 warrants exercisable at $0.25 per share expiring in 2012                                    23,372
  - 11% Interest; $97,500 incentive bonus unless paid by certain deadlines; due 3/20/2008;
      390,000 warrants exercisable at $0.25 per share expiring in 2012                                    73,215
  - 11% Interest; $10,000 incentive bonus unless paid  by certain deadlines; due 6/01/2008                10,000
  - 11% Interest; $36,000 incentive bonus unless paid by certain deadlines; due 8/28/08;
      144,000 warrants exercisable at $0.25 per share expiring in 2012                                     1,354
                                                                                                       ---------
   TOTAL SHORT TERM NOTES PAYABLE                                                                      $ 224,252
                                                                                                       ---------

SHORT TERM NOTES PAYABLE TO SHAREHOLDERS:
  - 10% Interest; principal of $169,466 monthly payments of $4,396; convertible to common stock
      based on 75% of average price; due on 5/30/2008, net of unamortized discounted related to
      the debt discount of $86,890                                                                     $  82,576
  - 11% Interest; $30,000 incentive bonus unless paid by certain deadlines; due 8/28/08;
      120,000 warrants exercisable at $0.25 per share expiring in 2012; $20,000 received as of
      9/30/07 - remaining $10,000 received mid-October. Calculations done based on $30,000
      quarter end                                                                                          1,129
  |X| Portion of $30,000 note received after September 30, 2007                                          (10,000)
                                                                                                       ---------
  TOTAL SHORT TERM NOTES PAYABLE TO SHAREHOLDER                                                        $  73,705
                                                                                                       ---------
LONG TERM NOTES PAYABLE:
  - 5% Interest; principal of $100,000 monthly payments of $4,387; convertible to common stock
      based on 70% of average price; due on 7/1/2009, net of unamortized discount related to
      the debt discount of $73,760                                                                     $  26,240
  - 8% Interest;  $350,000 Principal; Due July 31, 2009                                                  350,000
                                                                                                       ---------
  TOTAL LONG TERM NOTES PAYABLE                                                                        $ 376,240
                                                                                                       ---------

LONG TERM NOTES PAYABLE TO SHAREHOLDERS:
  - 5% Interest; principal of $29,240, monthly payments of $1,283; convertible to common stock
      based on 70% of average price; due on 7/1/2009                                                       7,673
                                                                                                       ---------
  TOTAL LONG TERM NOTES PAYABLE TO SHAREHOLDER                                                         $   7,673
                                                                                                       ---------
</TABLE>

                                       27
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                   MANAGEMENT'S DISCUSSION AND ANALYSIS TO THE
                   CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                    SEPTEMBER 30, 2007 AND DECEMBER 31, 2006


Our financial  statements have been prepared assuming that we will continue as a
going  concern  and,  accordingly,  do not include  adjustments  relating to the
recoverability and realization of assets and classifications of liabilities that
might be necessary should we be unable to continue our operations.

OFF-BALANCE SHEET ARRANGEMENTS

As of the  date  of  this  Quarterly  Report,  there  are no  off-balance  sheet
arrangements  that have or are  reasonably  likely  to have a current  or future
effect on our financial condition,  changes in financial condition,  revenues or
expenses,  results of operations,  liquidity,  capital  expenditures  or capital
resources  that  are  material  to  investors.   The  term  "off-balance   sheet
arrangement"  generally means any  transaction,  agreement or other  contractual
arrangement to which an entity  unconsolidated  with us is a party,  under which
the we have (i) any obligation  arising under a guarantee  contract,  derivative
instrument or variable  interest;  or (ii) a retained or contingent  interest in
assets transferred to such entity or similar  arrangement that serves as credit,
liquidity or market risk support for such assets.

MATERIAL COMMITMENTS

As of the date of this Quarterly Report, we do not have any material commitments
that are not reflected as liabilities on our consolidated balance sheet included
elsewhere in this report,  nor does management  anticipate any further  material
commitments within the next twelve months.

                                       28
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

              CONTROLS AND PROCEDURES AND OTHER INFORMATION TO THE
                   CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                    SEPTEMBER 30, 2007 AND DECEMBER 31, 2006


ITEM 3. CONTROLS AND PROCEDURES.

(a) Evaluation of disclosure  controls and procedures.  Our principal  executive
officer and principal  financial officer have evaluated the effectiveness of our
disclosure  controls and  procedures  controls and  procedures  (as such term is
defined in Rules 13a-15(e) and 15d-15(e) under the 1934 Act as of the end of the
period  covered by this  quarterly  report  ("Evaluation  Date").  Based on such
evaluation, our Chief Executive Office and Chief Financial Officer has concluded
that, as of the Evaluation  Date, our  disclosure  controls and procedures  were
effective.

 (b)  Changes in internal  controls.  There were no  significant  changes in our
internal  controls or in other  factors  that could  significantly  affect these
controls subsequent to the date of evaluation by our principal executive officer
and principal financial officer.

                           PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

There is no threatened or pending litigation against the Company.  The following
lawsuit was settled during the second quarter.

On  April  16,  2007,  the  Company  settled  a  lawsuit  involving   X-Clearing
Corporation,  the Company's former transfer agent (as previously reported in the
Company's  Form 10-QSB for the quarter ended March 31,  2007).  The Company paid
X-Clearing  $32,000 and $958 to Ikon for costs of copying or  printing  transfer
agent records. Such amounts were accrued during the previous years.

The Company is not aware of any  pending  claims or  assessments,  other than as
described  above,  which may have a  material  adverse  impact on the  Company's
financial position or results of operations.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

During the second quarter of 2007, the Company issued  20,000,000  shares of its
common  stock to Axia Group,  Inc. in exchange for  50,000,000  shares of common
stock  (approximately  80%) of  International  Building  Technologies,  Inc.  In
addition,  the Company issued to Axia Group, Inc. a $1,000,000  convertible note
due May 1, 2010 which was subsequently  renegotiated  and mutually  rescinded by
the Company and Axia Group on September 27, 2007 (see Note 11 - Acquisitions).

During the second  quarter,  the Company also issued  333,334  shares to a third
party to cancel a debt in the amount of $10,000.

During the second  quarter of 2007,  the Company  issued  220,000  shares of the
Company's  common stock to a law firm in  cancellation of legal fees due to that
law firm in the amount of $11,000.

During the second  quarter of 2007,  the Company  issued  1,200,000  warrants to
purchase shares of the Company's  common stock. The warrants are exercisable for
a term of five years and are exercisable at a price of $.25 per share.

During  the third  quarter of 2007,  the  Company  issued  264,000  warrants  to
purchase shares of the Company's  common stock. The warrants are exercisable for
a term of five years and are exercisable at a price of $.25 per share.

                                       29
<PAGE>
                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
                       FORMERLY MOTORSPORTS EMPORIUM, INC.
                          (A DEVELOPMENT STAGE COMPANY)

              CONTROLS AND PROCEDURES AND OTHER INFORMATION TO THE
                   CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                    SEPTEMBER 30, 2007 AND DECEMBER 31, 2006


During the third  quarter of 2007,  the  Company  sold stock to an  investor  of
$5,838.50  in cash.  The  investor was issued  400,000  shares of the  Company's
common stock.

The foregoing  issuances were made in reliance on Section 4(2) of the Securities
Act of 1933.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

None

ITEM 5. OTHER INFORMATION.

None.

ITEM 6. EXHIBITS

(a) Exhibits

Exhibit No.                               Description
-----------                               -----------

  31.1         Certification  of  Principal   Executive  Officer  and  Principal
               Financial  Officer  pursuant  to  Rule  13a-14(a)/15d-14(a),   as
               adopted  pursuant  to Section  302 of the  Sarbanes  Oxley Act of
               2002.
  32.1(1)      Certification  of Chief  Executive  Officer  and Chief  Financial
               Officer  pursuant to 18 U.S.C.  Section 1350, as adopted pursuant
               to Section 906 of the Sarbanes- Oxley Act of 2002.

-------------
(1)  In  accordance  with SEC  Release  No.  34-47986,  this  Exhibit  is hereby
     furnished to the  Securities  and Exchange  Commission  as an  accompanying
     document  and is not deemed  "filed" for the  purposes of Section 18 of the
     Securities  Exchange Act of 1934 or otherwise subject to the liabilities of
     that Section,  nor shall it be deemed  incorporated  by reference  into any
     filing under the Securities Act of 1933.

                                       30
<PAGE>
                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  Registrant  has duly  caused  this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.


Date:  November 19, 2007         /s/ Kenneth Yeung
                                 -----------------------------------------------
                                 Kenneth Yeung
                                 President, Chief Financial Officer


                                       31
<PAGE>
                                  EXHIBIT INDEX

Exhibit No.                               Description
-----------                               -----------

  31.1         Certification  of  Principal   Executive  Officer  and  Principal
               Financial  Officer  pursuant  to  Rule  13a-14(a)/15d-14(a),   as
               adopted  pursuant  to Section  302 of the  Sarbanes  Oxley Act of
               2002.
  32.1(1)      Certification  of Chief  Executive  Officer  and Chief  Financial
               Officer  pursuant to 18 U.S.C.  Section 1350, as adopted pursuant
               to Section 906 of the Sarbanes- Oxley Act of 2002.

-------------
(1)  In  accordance  with SEC  Release  No.  34-47986,  this  Exhibit  is hereby
     furnished to the  Securities  and Exchange  Commission  as an  accompanying
     document  and is not deemed  "filed" for the  purposes of Section 18 of the
     Securities  Exchange Act of 1934 or otherwise subject to the liabilities of
     that Section,  nor shall it be deemed  incorporated  by reference  into any
     filing under the Securities Act of 1933.