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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED STATES<BR>SECURITIES AND
EXCHANGE COMMISSION <BR>Washington, D.C. 20549 </FONT></H1>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM S-8 <BR>REGISTRATION STATEMENT <BR>
<I>Under <BR>The Securities Act of
1933 </I></FONT></H1>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>IBSG INTERNATIONAL,
INC.</U> <BR>(Exact name of
Registrant as specified in its charter) </FONT></H1>






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<TR VALIGN="BOTTOM">
     <TH><FONT SIZE="2">Florida</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT SIZE="2">65-0705328</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(State or other jurisdiction of <BR>
&nbsp;incorporation or organization)
</FONT></TD>
     <TD WIDTH="50%"align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;(I.R.S. Employer<BR>
Identification Number)
</FONT></TD></TR>
</TABLE>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>1132 Celebration
Blvd., Celebration, FL 34747 </U> <BR>(Address of principal
executive offices) (Zip Code) </FONT></H1>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>2004 Equity
Compensation Plan</U> <BR>(Full title of the
plan) </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Michael Rivers,
President <BR>IBSG International,
Inc. <BR>1132 Celebration
Blvd., Celebration, FL 34747 <BR><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(321) 939-6321 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
(Name and address
including zip code and telephone number, <BR>including area code,
of agent for service) </FONT></H1>

<BR><BR><BR><BR><BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Calculation of
Registration Fee </FONT></H1>
<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=600>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Title of Securities to be Registered</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amount to<BR>
be<BR>
Registered</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proposed<BR>
Maximum<BR>
Aggregate<BR>
Offering Price<BR>
Per Share</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proposed<BR>
Maximum<BR>
Aggregate<BR>
Offering Price</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amount of<BR>
Registration<BR>
Fee</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=49% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Common Stock available for issuance</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=10% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>220,000</FONT></TD>
        <TD WIDTH=4% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$</FONT></TD><TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2> </FONT></TD>
        <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.36</FONT></TD>
<TD WIDTH=5% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$</FONT></TD><TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2> </FONT></TD>
        <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>79,200</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=10% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
        <TD WIDTH=4% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.04</FONT></TD>
     <TD WIDTH=6% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
        <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
</TABLE><BR>


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                    <TR VALIGN=TOP>
                    <TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
                    <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
                    <TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    Pursuant to Rule 416(a), this Registration Statement shall also cover any
                    additional shares of the Registrant&#146;s Common Stock that become issuable
                    under the plans by reason of any stock dividend, stock split, recapitalization
                    or other similar transaction effected without receipt of consideration that
                    increases the number of outstanding shares of Registrant&#146;s Common Stock. </FONT></TD>
                    </TR>
                    </TABLE>
                 <BR>

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               <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
                    <TR VALIGN=TOP>
                    <TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
                    <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
                    <TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    Calculated in accordance with Rule 457(c). Based on average of bid and ask price
                    on the over-the-counter market on July 13, 2004. </FONT></TD>
                    </TR>
                    </TABLE>
                    <BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;PART II <BR>INFORMATION REQUIRED
IN REGISTRATION STATEMENT </FONT></H1>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Explanatory Note  </U></FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Registration Statement on Form S-8 is being filed for the purpose of registering 220,000
shares of the Registrant&#146;s Common Stock which may be issued pursuant to under the
Registrant&#146;s 2004 Equity Incentive Plan. </FONT></P>



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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item&nbsp;3.</B>&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Incorporation Of Documents By Reference. </B>&nbsp; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following documents filed by the Registrant with the SEC are incorporated in this
Registration Statement by reference as of their respective dates: &nbsp; </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          The registrant&#146;s latest annual report on Form 10-KSB, or, if the financial
          statements therein are more current, the registrant&#146;s latest prospectus,
          other than the prospectus of which this document is a part, filed pursuant to
          Rule 424(b) or (c) of the Securities Exchange Commission under the Securities
          Act of 1933. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          All other reports filed by the registrant pursuant to Sections 13(a) or 15(d) of
          the Securities Exchange Act of 1934 since the end of the fiscal year covered by
          the annual report or the prospectus referred to in (a) above. </FONT></P>



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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          The description of the Registrant&#146;s Common Stock contained in its
          Registration Statement on Form 10-SB filed on February 17, 2000 pursuant to
          Section 12(g) of the Securities Exchange Act of 1934, as amended (the
          &#147;Exchange Act&#148;), including any amendment or report filed for the
          purpose of updating such description. </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
documents subsequently filed with the SEC by the Registrant pursuant to Sections 13(a),
13(c), 14 or 15(d) of the Exchange Act, prior to the filing of a post-effective amendment
which indicates that all securities offered herein have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be incorporated by reference in this
Registration Statement and to be a part hereof from the date of filing of such documents.
Any statement contained in a document incorporated or deemed to be incorporated by
reference herein shall be deemed to be modified or superseded for purposes of this
Registration Statement to the extent that a statement contained herein or in any other
subsequently filed document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any statement so modified or superseded
shall not be deemed, except as so modified or superseded, to constitute a part of this
Registration Statement. </FONT></P>



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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item&nbsp;4.</B>&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Description Of Securities. </B>&nbsp; </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
applicable.</FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item&nbsp;5.</B>&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Interest Of Named Experts And Counsel </B><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; None. &nbsp; </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item&nbsp;6.
Indemnification Of Directors And Officers. </FONT></H1>

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<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=25%>&nbsp;</TD>
<TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
The
Florida Business Corporation Act provides that a person who is successful on the merits or
otherwise in defense of an action because of service as an officer or director or a
corporation, such person is entitled to indemnification of expenses actually and
reasonably incurred in such defense. F.S. 607.0850(3).</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=25%>&nbsp;</TD>
<TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Such
act also provides that the corporation may indemnify an officer or director, advance
expenses, if such person acted in good faith and in a manner the person reasonably
believed to be in, or not opposed to, the best interests of the corporation and, with
respect to a criminal action, had no reasonable cause to believe his conduct was unlawful.
F.S. 607.0850(1)(2).</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=25%>&nbsp;</TD>
<TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
A
court may order indemnification of an officer or director if it determines that such
person is fairly and reasonably entitled to such indemnification in view of all the
relevant circumstances. F.S. 607.0850(9).</FONT></TD>
</TR>
</TABLE>
<BR>



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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item&nbsp;7.</B>&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Exemption From Registration Claimed. </B>&nbsp; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
applicable. &nbsp; </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Item&nbsp;8.
Exhibits .</b></FONT></P>






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<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit<BR>
Number</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Description</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=3% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5</FONT></TD>
        <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD WIDTH=92% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;Opinion of Joel Bernstein, Esq. as to the legality of the securities being registered.</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;Registrant's 2004 Equity Compensation Plan.</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;Consent of HJ &amp; Associates, LLC</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.3</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;Consent of Joel Bernstein (included in Exhibit 5.1).</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR>
     <TD COLSPAN=3></TD>
     <TD COLSPAN=3></TD></TR>
</TABLE>



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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item&nbsp;9.</B>&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Undertakings. </B>&nbsp; </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          The undersigned Registrant hereby undertakes: &nbsp; </FONT></P>

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               <TR VALIGN=TOP>
               <TD ALIGN=RIGHT WIDTH=10%></TD>
               <TD WIDTH=90%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
               To file, during any period in which offers or sales are being made, a
               post-effective amendment to this Registration Statement: </FONT></P></TD>
               </TR>
               </TABLE>
               <BR>


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          <TR VALIGN=TOP>
          <TD ALIGN=RIGHT WIDTH=25%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i) </FONT></TD>
          <TD ALIGN=LEFT WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

           To include any prospectus required by Section 10(a)(3) of the Securities Act of
          1933; &nbsp; </FONT></TD>
          </TR>
          </TABLE>
          <BR>

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          <TR VALIGN=TOP>
          <TD ALIGN=RIGHT WIDTH=25%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(ii) </FONT></TD>
          <TD ALIGN=LEFT WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

           To reflect in the prospectus any facts or events arising after the effective
          date of the Registration Statement (or the most recent post-effective amendment
          thereof) which, individually or in the aggregate, represent a fundamental change
          in the information set forth in the Registration Statement. Notwithstanding the
          foregoing, any increase or decrease in volume of securities offered (if the
          dollar value of securities offered would not exceed that which was registered)
          and any deviation from the low or high end of the estimated maximum offering
          range may be reflected in the form of prospectus filed with the SEC pursuant to
          Rule 424(b) if, in the aggregate, the changes in volume and price represent no
          more than a 20% change in the maximum aggregate offering price set forth in the
          &#147;Calculation of Registration Fee&#148; table in the effective Registration
          Statement; and </FONT></TD>
          </TR>
          </TABLE>
          <BR>



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     <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0>
          <TR VALIGN=TOP>
          <TD ALIGN=RIGHT WIDTH=25%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(iii) </FONT></TD>
          <TD ALIGN=LEFT WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

           To include any material information with respect to the plan of distribution
          not previously disclosed in the Registration Statement or any material change to
          such information in the Registration Statement; </FONT></TD>
          </TR>
          </TABLE>
          <BR>



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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
provided,
however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required
to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the SEC by the Registrant pursuant to Section 13 or
Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in
the Registration Statement. </FONT></TD>
</TR>
</TABLE>
<BR>



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               <TR VALIGN=TOP>
               <TD ALIGN=RIGHT WIDTH=10%></TD>
               <TD WIDTH=90%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
               That, for the purpose of determining any liability under the Securities Act of
               1933, each such post-effective amendment shall be deemed to be a new
               registration statement relating to the securities offered therein, and the
               offering of such securities at that time shall be deemed to be the initial bona
               fide offering thereof. </FONT></P></TD>
               </TR>
               </TABLE>
               <BR>



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               <TR VALIGN=TOP>
               <TD ALIGN=RIGHT WIDTH=10%></TD>
               <TD WIDTH=90%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
               To remove from registration by means of a post-effective amendment any of the
               securities being registered which remain unsold at the termination of the
               offering. </FONT></P></TD>
               </TR>
               </TABLE>
               <BR>


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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          The undersigned Registrant hereby undertakes that, for purposes of determining
          any liability under the Securities Act of 1933, each filing of the
          Registrant&#146;s annual report pursuant to Section 13(a) or Section 15(d) of
          the Securities Exchange Act of 1934 that is incorporated by reference in the
          Registration Statement shall be deemed to be a new registration statement
          relating to the securities offered therein, and the offering of such securities
          at that time shall be deemed to be the initial bona fide offering thereof.
          &nbsp; </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- TNR" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          Insofar as indemnification for liabilities arising under the Securities Act of
          1933 may be permitted to directors, officers and controlling persons of the
          Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
          has been advised that in the opinion of the Securities and Exchange Commission
          such indemnification is against public policy as expressed in the Act and is,
          therefore, unenforceable. In the event that a claim for indemnification against
          such liabilities (other than the payment by the Registrant of expenses incurred
          or paid by a director, officer or controlling person of the Registrant in the
          successful defense of any action, suit or proceeding) is asserted by such
          director, officer or controlling person in connection with the securities being
          registered, the Registrant will, unless in the opinion of its counsel the matter
          has been settled by controlling precedent, submit to a court of appropriate
          jurisdiction the question whether such indemnification by it is against public
          policy as expressed in the Act and will be governed by the final adjudication of
          such issue. </FONT></P><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8
and has duly caused this Registration Statement to be signed on its July 8 2004. </FONT></P>










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     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">IBSG INTERNATIONAL, INC.<BR>
<BR>
<BR>
<U>By: /s/ Michael Rivers</U><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President
</FONT></TD></TR>
</TABLE>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, this Registration Statement has been
signed on July 8 2004 by the following persons in the capacities indicated. &nbsp; </FONT></P>













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     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/ Michael Rivers</U><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
<BR>
<U>/s/ Geoffrey Birch</U><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
<BR>
<BR>
<U>/s/ Robert Jolly</U>  <BR>

</FONT></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">President and Director<BR>
(Principal Executive Officer)<BR>
<BR>
Treasurer and Director<BR>
(Principal Accounting Officer)<BR>
<BR>
<BR>
Director
</FONT></TD></TR>
</TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Index to Exhibits  </FONT></H1>



 <TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=600 align=center>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit<BR>
Number</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Description</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=3% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5</FONT></TD>
        <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD WIDTH=92% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;Opinion of Joel Bernstein, Esq. as to the legality of the securities being registered.</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;Registrant's 2004 Equity Compensation Plan.</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;Consent of HJ &amp; Associates, LLC</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.3</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;Consent of Joel Bernstein (included in Exhibit 5.1).</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR>
     <TD COLSPAN=3></TD>
     <TD COLSPAN=3></TD></TR>
</TABLE>


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{"company-data": {"conformed-name": "IBSG INTERNATIONAL INC", "cik": "0001031905", "assigned-sic": "3851", "irs-number": "650705328", "state-of-incorporation": "FL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-117359", "film-number": "04914153"}, "business-address": {"street1": "1132 CELEBRATION BLVD.", "city": "CELEBRATION", "state": "FL", "zip": "34747", "phone": "321 939 6321"}, "mail-address": {"street1": "1132 CELEBRATION BLVD.", "city": "CELEBRATION", "state": "FL", "zip": "34747"}, "former-company": {"former-conformed-name": "OPTICAL CONCEPTS OF AMERICA INC", "date-changed": "20000204"}}
s8 for isbg
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
The Securities Act of
1933
IBSG INTERNATIONAL,
INC.
(Exact name of
Registrant as specified in its charter)
Florida
65-0705328
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification Number)
1132 Celebration
Blvd., Celebration, FL 34747
(Address of principal
executive offices) (Zip Code)
2004 Equity
Compensation Plan
(Full title of the
plan)
Michael Rivers,
President
IBSG International,
Inc.
1132 Celebration
Blvd., Celebration, FL 34747
(321) 939-6321
(Name and address
including zip code and telephone number,
including area code,
of agent for service)
Calculation of
Registration Fee
Title of Securities to be Registered
Amount to
be
Registered
Proposed
Maximum
Aggregate
Offering Price
Per Share
Proposed
Maximum
Aggregate
Offering Price
Amount of
Registration
Fee
Common Stock available for issuance
220,000
$
.36
$
79,200
10.04
(1)
Pursuant to Rule 416(a), this Registration Statement shall also cover any
                    additional shares of the Registrant's Common Stock that become issuable
                    under the plans by reason of any stock dividend, stock split, recapitalization
                    or other similar transaction effected without receipt of consideration that
                    increases the number of outstanding shares of Registrant's Common Stock.
(2)
Calculated in accordance with Rule 457(c). Based on average of bid and ask price
                    on the over-the-counter market on July 13, 2004.
PART II
INFORMATION REQUIRED
IN REGISTRATION STATEMENT
Explanatory Note
This
Registration Statement on Form S-8 is being filed for the purpose of registering 220,000
shares of the Registrant's Common Stock which may be issued pursuant to under the
Registrant's 2004 Equity Incentive Plan.
Item 3.
Incorporation Of Documents By Reference.
The
following documents filed by the Registrant with the SEC are incorporated in this
Registration Statement by reference as of their respective dates:
(a)       
          The registrant's latest annual report on Form 10-KSB, or, if the financial
          statements therein are more current, the registrant's latest prospectus,
          other than the prospectus of which this document is a part, filed pursuant to
          Rule 424(b) or (c) of the Securities Exchange Commission under the Securities
          Act of 1933.
(b)       
          All other reports filed by the registrant pursuant to Sections 13(a) or 15(d) of
          the Securities Exchange Act of 1934 since the end of the fiscal year covered by
          the annual report or the prospectus referred to in (a) above.
(c)       
          The description of the Registrant's Common Stock contained in its
          Registration Statement on Form 10-SB filed on February 17, 2000 pursuant to
          Section 12(g) of the Securities Exchange Act of 1934, as amended (the
          "Exchange Act"), including any amendment or report filed for the
          purpose of updating such description.
All
documents subsequently filed with the SEC by the Registrant pursuant to Sections 13(a),
13(c), 14 or 15(d) of the Exchange Act, prior to the filing of a post-effective amendment
which indicates that all securities offered herein have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be incorporated by reference in this
Registration Statement and to be a part hereof from the date of filing of such documents.
Any statement contained in a document incorporated or deemed to be incorporated by
reference herein shall be deemed to be modified or superseded for purposes of this
Registration Statement to the extent that a statement contained herein or in any other
subsequently filed document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any statement so modified or superseded
shall not be deemed, except as so modified or superseded, to constitute a part of this
Registration Statement.
Item 4.
Description Of Securities.
Not
applicable.
Item 5.
Interest Of Named Experts And Counsel
None.
Item 6.
Indemnification Of Directors And Officers.
The
Florida Business Corporation Act provides that a person who is successful on the merits or
otherwise in defense of an action because of service as an officer or director or a
corporation, such person is entitled to indemnification of expenses actually and
reasonably incurred in such defense. F.S. 607.0850(3).
Such
act also provides that the corporation may indemnify an officer or director, advance
expenses, if such person acted in good faith and in a manner the person reasonably
believed to be in, or not opposed to, the best interests of the corporation and, with
respect to a criminal action, had no reasonable cause to believe his conduct was unlawful.
F.S. 607.0850(1)(2).
A
court may order indemnification of an officer or director if it determines that such
person is fairly and reasonably entitled to such indemnification in view of all the
relevant circumstances. F.S. 607.0850(9).
Item 7.
Exemption From Registration Claimed.
Not
applicable.
Item 8.
Exhibits .
Exhibit
Number
Description
5
.1
Opinion of Joel Bernstein, Esq. as to the legality of the securities being registered.
10
.1
Registrant's 2004 Equity Compensation Plan.
23
.1
Consent of HJ & Associates, LLC
23
.3
Consent of Joel Bernstein (included in Exhibit 5.1).
Item 9.
Undertakings.
(a)       
          The undersigned Registrant hereby undertakes:
(1)       
               To file, during any period in which offers or sales are being made, a
               post-effective amendment to this Registration Statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act of
          1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective
          date of the Registration Statement (or the most recent post-effective amendment
          thereof) which, individually or in the aggregate, represent a fundamental change
          in the information set forth in the Registration Statement. Notwithstanding the
          foregoing, any increase or decrease in volume of securities offered (if the
          dollar value of securities offered would not exceed that which was registered)
          and any deviation from the low or high end of the estimated maximum offering
          range may be reflected in the form of prospectus filed with the SEC pursuant to
          Rule 424(b) if, in the aggregate, the changes in volume and price represent no
          more than a 20% change in the maximum aggregate offering price set forth in the
          "Calculation of Registration Fee" table in the effective Registration
          Statement; and
(iii)
To include any material information with respect to the plan of distribution
          not previously disclosed in the Registration Statement or any material change to
          such information in the Registration Statement;
provided,
however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required
to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the SEC by the Registrant pursuant to Section 13 or
Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in
the Registration Statement.
(2)       
               That, for the purpose of determining any liability under the Securities Act of
               1933, each such post-effective amendment shall be deemed to be a new
               registration statement relating to the securities offered therein, and the
               offering of such securities at that time shall be deemed to be the initial bona
               fide offering thereof.
(3)       
               To remove from registration by means of a post-effective amendment any of the
               securities being registered which remain unsold at the termination of the
               offering.
(b)       
          The undersigned Registrant hereby undertakes that, for purposes of determining
          any liability under the Securities Act of 1933, each filing of the
          Registrant's annual report pursuant to Section 13(a) or Section 15(d) of
          the Securities Exchange Act of 1934 that is incorporated by reference in the
          Registration Statement shall be deemed to be a new registration statement
          relating to the securities offered therein, and the offering of such securities
          at that time shall be deemed to be the initial bona fide offering thereof.
(c)       
          Insofar as indemnification for liabilities arising under the Securities Act of
          1933 may be permitted to directors, officers and controlling persons of the
          Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
          has been advised that in the opinion of the Securities and Exchange Commission
          such indemnification is against public policy as expressed in the Act and is,
          therefore, unenforceable. In the event that a claim for indemnification against
          such liabilities (other than the payment by the Registrant of expenses incurred
          or paid by a director, officer or controlling person of the Registrant in the
          successful defense of any action, suit or proceeding) is asserted by such
          director, officer or controlling person in connection with the securities being
          registered, the Registrant will, unless in the opinion of its counsel the matter
          has been settled by controlling precedent, submit to a court of appropriate
          jurisdiction the question whether such indemnification by it is against public
          policy as expressed in the Act and will be governed by the final adjudication of
          such issue.
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8
and has duly caused this Registration Statement to be signed on its July 8 2004.
IBSG INTERNATIONAL, INC.
By: /s/ Michael Rivers
President
Pursuant
to the requirements of the Securities Act of 1933, this Registration Statement has been
signed on July 8 2004 by the following persons in the capacities indicated.
/s/ Michael Rivers
/s/ Geoffrey Birch
/s/ Robert Jolly
President and Director
(Principal Executive Officer)
Treasurer and Director
(Principal Accounting Officer)
Director
Index to Exhibits
Exhibit
Number
Description
5
.1
Opinion of Joel Bernstein, Esq. as to the legality of the securities being registered.
10
.1
Registrant's 2004 Equity Compensation Plan.
23
.1
Consent of HJ & Associates, LLC
23
.3
Consent of Joel Bernstein (included in Exhibit 5.1).