EX-5.1 2 ibiex51.txt EXHIBIT 5.1 Ina P. Kagel Attorney At Law 1801 CENTURY PARK EAST, 25TH FLOOR LOS ANGELES, CALIFORNIA 90067 TELEPHONE: ( 310) 553-9009 FACSIMILE: (310) 553-9693 May 28, 2002 Internet Business's International, Inc. 3900 Birch Street Suite 103 Newport Beach, California 92660 Re: Registration Statement on Form S-8 Covering Common Stock to be Issued Pursuant to the 2002 Retainer Stock Plan for Consultants Gentlemen: As counsel for Internet Business's International, Inc. (the "Company") I have participated in the preparation of the Registration Statement which is to be filed on Form S-8 under the Securities Act of 1933, as amended, covering an aggregate of 8,000,000 of the Company's shares of Common Stock (the Shares) to be issued pursuant to the Company's 2002 Retainer Stock Plan for Consultants (the "Plan". I have also examined the proceedings taken and the instruments executed in connection with the approval by the Board of Directors of the Plan. It is my opinion that, when issued pursuant to the Plan, the Shares will be validly issued, fully paid and nonassessable. I hereby consent to the filing of this opinion as an Exhibit to the Registration Statement. Very truly yours, /s/ Ina P. Kagel INA P. KAGEL