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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC.
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(Name of Issuer)
Common Stock, No Par Value Per Share
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(Title of Class of Securities)
45810X102
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(CUSIP Number)
December 31, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed.
[ ] Rule 13d-1(b)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
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CUSIP No. 45810X102 13G
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1. NAMES OF REPORTING PERSONS/
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Stuart E. Massey
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5. SOLE VOTING POWER 1,250,000
NUMBER OF
SHARES ------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER -0-
OWNED BY
EACH ------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER 1,250,000
PERSON WITH:
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8. SHARED DISPOSITIVE POWER -0-
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,250,000 (See Item 4(a)
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.73%
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12. TYPE OF REPORTING PERSON
IN
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13G
ITEM I(a). NAME OF ISSUER:
INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC.
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ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
115 Atrium Way, Suite 128
Columbia, South Carolina 29223
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ITEM 2(a). NAME OF PERSON FILING:
Stuart E. Massey
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ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OF IF NONE, RESIDENCE:
115 Atrium Way, Suite 128
Columbia, South Carolina 29223
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ITEM 2(c). CITIZENSHIP:
United States of America
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ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, No Par Value Per Share
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ITEM 2(e). CUSIP NUMBER:
45810X102
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ITEM 3. THIS STATEMENT ON SCHEDULE 13G IS FILED PURSUANT TO RULE 13d-1(c)
AND NOT PURSUANT TO RULE 13d-1(b) OR RULE 13d-2(b) OR (c).
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned:
Stuart E. Massey has direct ownership of 1,250,000 shares of
Common Stock. This amount includes 50,000 shares of Common
Stock that Mr. Massey has the right to acquire pursuant to
currently exercisable options granted to Mr. Massey by the
Company.
(b) Percent of Class: 14.73%
(c) Number of shares of Common Stock as to which Stuart E.
Massey has:
(i) sole power to vote or to direct the vote: 1,250,000
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition
of: 1,250,000
(iv) shares power to dispose or to direct the disposition
of: -0-
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13G
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following [ ].
ITEM 6. OWNERSHIP OR MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATIONS. (Pursuant to Rule 13d-1(c).)
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
/s/ STUART E. MASSEY
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Stuart E. Massey
Date: February 11, 1999
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