Posted On: 08/22/2014 3:25:31 PM
Post# of 2102
johnnycomelately9 Friday, 08/22/14 03:04:10 PM
Re: Achillez post# 47951
Post # of 47966
ICBT owns better than one share of Canwealth for every 50 of their own O/S. They're trying to raise $15,000,000 in their IPO with new investors but already control 38,648,077 shares in their new company/subsidy and have 1.92b O/S in their parent company which we own and equates to us owning more like 1 for every 50, which is extremely awesome when you consider 50 of our ICBT shares together aren't even worth a penny presently, yet our company owns a $1 share in Canwealth for every 50 ICBT. Thus a dividend or something needs to be in order for all long-time shareholders. But if everybody here was getting 1 Canwealth for every 50 ICBT we'd all be buying every share we can when the $15m IPO comes and trying to make it go higher and add to our already big share stacks but maybe Garth can't do that and wants control by controlling all 38,648,077 as CEO instead of just his majority stake and everyone having more say. I don't know if they're going to raise all the funds or what's the hold up is, but with the right business moves this can run to pennies. I think Garth knows what he's doing and I see the two filings this week as a good sign. Now is a good time to load before PR's come in my opinion.
Re: Achillez post# 47951
Post # of 47966
ICBT owns better than one share of Canwealth for every 50 of their own O/S. They're trying to raise $15,000,000 in their IPO with new investors but already control 38,648,077 shares in their new company/subsidy and have 1.92b O/S in their parent company which we own and equates to us owning more like 1 for every 50, which is extremely awesome when you consider 50 of our ICBT shares together aren't even worth a penny presently, yet our company owns a $1 share in Canwealth for every 50 ICBT. Thus a dividend or something needs to be in order for all long-time shareholders. But if everybody here was getting 1 Canwealth for every 50 ICBT we'd all be buying every share we can when the $15m IPO comes and trying to make it go higher and add to our already big share stacks but maybe Garth can't do that and wants control by controlling all 38,648,077 as CEO instead of just his majority stake and everyone having more say. I don't know if they're going to raise all the funds or what's the hold up is, but with the right business moves this can run to pennies. I think Garth knows what he's doing and I see the two filings this week as a good sign. Now is a good time to load before PR's come in my opinion.
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