ICBS Limited (ICBT)

[Rcranga]

HERES THE FACT, THIS IS FROM THE LAST QUARTERLY, June, 2014.
"Mine Properties
The Company accounts for mine properties in accordance with Accounting Standard Codification 930, Extractive Activities-Mining. Costs of acquiring mine properties are capitalized by project area upon purchase of the associated claims. Mine properties are periodically assessed for impairment of value and any diminution in value. There were nine mineral properties as of June 30, 2014 presented"
DONT YOU READ THESE THINGS? That's all, just nine intangable assets. A MADE UP LIST OF USE-TO-BE IS WELL, I THINK IT SPEAKS VOLUMES, HUH? And ppl wonder why the PPS is 0.0003. Here's that link to reality, http://www.sec.gov/Archives/edgar/data/1512787/000072174814000872/canw10q063014.htm