EX-5.04 2 ex5-04.txt EX-5.04 1 Exhibit 5.04 [GAMMAGE & BURNHAM LETTERHEAD] July 27, 2000 Board of Directors iBIZ Technology Corp. 1919 West Lone Cactus Phoenix, Arizona 85027 Re: Registration Statement on Form SB-2 Gentlemen: In connection with the registration by iBIZ Technology Corp. (the "Company"), on Form SB-2 (the "Registration Statement") providing registration under the Securities Act of 1933, as amended, of 780,000 shares of Common Stock, we are furnishing the following opinion as counsel to the Company. We have examined such corporate records, certificates of public officials and officers of the Company, and other documents and records as we have considered necessary or proper for the purpose of this opinion. Based upon the foregoing, and having regard to legal considerations that we deem relevant, we are of the opinion that the shares of Common Stock of the Company when issued and sold in accordance with the transactions described in the Registration Statement, and in accordance with the federal securities laws and the securities laws of the various states in which the Common Stock may be issued, will be validly issued, fully paid and nonassessable. As counsel to the Company, we hereby consent to the reference to this firm under the caption "Legal Matters" contained in the Prospectus which is part of the Registration Statement and to the filing of this opinion as Exhibit 5.04 to the Registration Statement. Very truly yours, GAMMAGE & BURNHAM P.L.C. By: /s/ Stephen R. Boatwright Stephen R. Boatwright