johnnycomelately9 Friday, 08/29/14 02:32:31 PM
Post# of 2102
Re: Bayguy post# 48337
Post # of 48352
People say the 15c-211 will never happen just like they said the S-1 would never happen. Well Garth had to go back and forth to get it done but the S-1 was finally went through and the company was declared effective by the SEC. Many questions had to be answered to get to that point and a lot of back in forth dialogue; the current process for the symbol is probably the same?
http://www.sec.gov/Archives/edgar/data/151278...ename1.pdf
Good news is we have a market established (OTCBB) where we want Canwealth Minerals trading. Once Canwealth gets trading news PPS should kick up quick.
Quote:MONTREAL, Canada, Feb. 19, 2013 /PRNewswire/ - ICBS announced today that it has completed the merger of its subsidiary Canwealth Minerals Corporation into the public shell formerly named USG1, Inc. and Canwealth Minerals is now a fully reporting company under the Securities Exchange Act of 1934. Details on the merger and on Canwealth Minerals can be found in the Form 8-K filed by Canwealth Minerals with the Securities and Exchange Commission.
Garth McIntosh, the CEO of ICBS and Canwealth Minerals, said, "We are pleased that Canwealth Minerals is now a reporting US company. We look forward to the future trading of the stock of Canwealth Minerals once a public market is established."
ICBS Ltd. currently owns 87.5% of Canwealth Minerals Canada. Once the merger is completed, ICBS will own 60.90% of the newly formed company.
Garth McIntosh, CEO of ICBS: "Canwealth has an enormous future, and we are excited about the company's future in the mining industry."
Truth is some see scam while I see the enormous future. Others see nothing happening but I witnessed the spectacular growth and believe that mining will begin. We own 87% right now and 60% after the IPO (that’s what we’re giving up). Once we start trading though our value will be realized. Just think, we’ve acquired thousands of acres with billion dollar evaluations since the start. Price hasn’t moved out of trips or sub penny but we know where we’re going because we know where we came from:
Quote:New York, Montreal, February 22, 2011– ICBS Ltd., (OTCPK: ICBT),) announced that it has signed a letter of intent to acquire a 49% stake in the Canwealth Minerals Corporation.
Canwealth Minerals Corporation is a gold and precious metal mining company which holds claims in 585 acres in northern Quebec. The company's Management team is made up of professionals with extensive exploration and production experience. The company is committed to build Canwealth Minerals Corporation into a profitable resource by maximizing shareholder value through exploration of its high quality properties in Northern Quebec.
Canwealth Minerals Corporation significant number of drill ready targets including newly to be acquired sites.
The company’s current strategic direction is, to seek out properties/claims known to have high value gold targets which will lead rapidly to the advanced exploration and development stages.
To accomplish this Canwealth Minerals Corporation's , experienced management team, through the use of the latest technology, will explore and drill its mining claims to expeditiously achieve resources, and take these to advanced project development .
Surface samples taken in 2010 show a solid gold content. Core drilling will commence this spring.
"We are very please to have ICBS as a strong partner which will bring strong management experience and skills to the company", said Kelly Taylor, President & CEO of Canwealth Minerals Corporation
ICBS will be providing management and project funding.