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Alias Born | 05/31/2017 |
Wednesday, September 20, 2017 5:48:57 AM
Current CEO: Rick Wilson (On Board since mid 2014).
Company initially was dealt in medical services but later transitioned into the medical marijuana space. This hasn't really worked out as expected and since has purchase majority interest in a mining company in late 2016. All other assets has been sold to ISGP which is a subsidiary of EXMT.
Company has gone from reporting next to nothing in revenues to in excess of 5 million in each of the last 2 quarters (12/31/16 and 3/31/17) with each quarter reporting a positive net income.
The company has always been cash strapped and requires issuance of stock to raise funds to keep the business going.
With the new mining business and large recent contracts, it's hopeful the balance sheet will continue to strengthen and the necessity to issue stock will decrease.
the company has always been transparent in its reporting all information can be found here.
https://www.otcmarkets.com/stock/ICBU/filings
IMO - If anyone goes thru the filings and history of this company, where its been and where it is now they may realize the company has a bright future and is currently undervalued according to its book.
Disclaimer - Yes I own shares.
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