ICBT will be worth 1.4c/share... wadirum1 Mem
Post# of 2102
wadirum1 Member Level Monday, 09/01/14 09:46:25 PM
Re: Curious2u post# 48432
Post # of 48442
That sucks for those living in Canada who can't buy ICBT -- because I believe this one is about to get very, very interesting.
Folks are posting that FINRA hasn't approved anything yet. The most important word in that sentence is the last one.
$ICBT owns 35M shares of a stock that might IPO at $1. If indeed that happens, then ICBT's position is worth $35M. This ain't rocket science.
If ICBT owns $35M worth of Canwealth shares, then ICBT will be worth 1.4c/share. So, a lot is hanging on that news. I've got my tickets to the dance.