johnnycomelately9 Thursday, 10/02/14 09:58:
Post# of 2102
09:58:27 PM
Re: Karlor post# 49546
Post # of 49553
You've fallen for the lies pal.
ICBS and Garth lost the rights to the Brewery when their Lawyer didn't show up for it's court date. The 3.5 million never was a buy-out offered, the 3.5 million is a lawsuit filed by ICBS against the law firm representing them for the future potential they lost them. The brewery might have a website but we're not a part of it because the partner didn't honor our contract and our lawyer didn't show up for the case that got thrown out, which is why they filed the lawsuit that you can look up against the law firm.
Even still, as great of a loss as it was, the company invested less than $2,000 of their near 4 million in it, if you go by financials. People cry about the quarterly written in a similar fashion, showing $24,000 for a claim repurchased (value is set by what's extracted) so it's funny seeing people trying to manipulate and devalue Canwealth just to try to get some .0002's when it's easy to see it's already undervalued. For the record: ICBS is majority owner of Canwealth and that's verifiable. Public or private ICBS is entitled to the profits.
So think what they want and do invest if you think it's a scam but I think market cap will at least quadruple in 2015. Company has more assets then 2011 and it's easy to see it's undervalued at it's current $770,000 market cap, duh:
http://www.icbs.ca/icbs-financial-january2011.pdf
But you want to talk about what we own, let's talk:
Identascan is still owned but needs millions more in funding it couldn't raise. It is on hold.
Biospec products are completed and can be assembled and distributed with proper funding and buyers. YOU might think they'll never sell them but if you did any DD you would know they set a joint Chinese distributing subsidy with Chinese gov to sell products in China.
Fact: ICBS said Canwealth is going public 1st. YOU might have heard this day or that day and be disappointed but nobody knows when they're going to get the ok from FINRA for their symbol, we all know they're in contact and as soon as they do get a symbol, Canwealth will trade at $1.00 and will have a HUGE green day. If Garth does a crap job then it will fall under .10 or maybe even .01 but we will still have won because our IPO would have come validating our legitimacy and more than doubling us our market cap. Now if Garth has the pieces set right, he's going to open at 1.00 and have a buzz and buyers sky rocket it over $5.00 maybe over $20.00 in a week. When that happens our 38,648,077 shares are going to have massive value. Keep thinking ICBT is a scam and worthless and I'll keep buying up the float. Soon you'll know the truth about Garth. He's going to make me a millionaire, already made me thousands
P.S. the 24,000 being pawned off as the value of the claims is right here and a owed loan for transfer of claims. Lies can be tricky but this shows they spent more than $24,000 on claims and that Garth is invested in the well being of ICBS, clearly he wants us to go up and we will, buy if you believe:
Quote:Mr. Garth McIntosh, our Chairman of the Board, Chief Executive Officer and President, is also a majority shareholder of ICBS Ltd., which is our largest shareholder. As of September 30, 2013 and December 31, 2012, we have taken loans from our shareholders of $67,672 and $80,474, respectively. No formal repayment terms or arrangements existed. The above loans are non-interest bearing and payable on demand.
ICBS Ltd. has given a loan to us and also transferred assets to us worth $46,644 (net of sale to ICBS Ltd. of $5,334 during the nine months ended September 30, 2013) as of September 30, 2013. As of September 30, 2013, we acquired intangible assets of $23,688 through loans from related parties.