ICBS Limited (ICBT)

[Achillez]

That's the kicker. If they only sold 1M shares out of the 15M that would give a market value of $600k to ICBT, which means it still would be undervalued at current market prices!

Goes to show how insanely cheap ICBT is trading right now and how much potential there is for a giant move higher as news starts to come out on the developments of the IPO and FINRA approval.

If they sold 15M, ICBT would be worth $8M (because they own 60% of Canwealth). If they sold half that at 7M, ICBT would be worth $4M. Keep in mind those market cap estimates for ICBT are based on cash assets from the IPO only and would value the rest of Canwealth and any other ICBT business ventures worthless (which is likely not even remotely close to accurate). Currently ICBT is trading around a $600k market cap. Lots of room to the upside on this one...