True. I wish Uncle Sam would pay more attention to pennyland and protect us risk takers... We're the one's investing into the economy and listening to CEO's when they provide us with information and present it as true; they should definitely be stiffer and not allow ceo's who do the same rinse and wash tricks over and over with no intent of taking their companies forward to run traded companies... Thus it really is a shame, the amount of scams on the pinks and in the markets, I don't deny. I'm just hoping we have brighter days before the fiscal year is over.

The float isn't that bad at 2 billion? Someone can actually buy a healthy share of the company if they choose?

I had a CEO run a 4 billion .0008 float to 15 billion .0001 in 1 qtr. Then he reverse split the company to 10 million outstanding... Now that's a CEO I'm not happy with; Garth isn't making me smile but I don't dread him like most of you.

I missed it, what did it say?

Good question. But who says they're sitting? I also think they may joint the properties with someone who can take advantage of them. And perhaps they are negotiating the right deal as we speak; or perhaps Garth is sitting on his arse?

But why don't you call this number, ask Garth what's going on with the concessions, what they're doing to progress, whatever questions of your own you have, and then come back here and report to us your news? That's the least you can do. (514) 425-2020

At that market cap PPS converts to over .002.

But I admit, I have questions of my own about Note 3 and Note 4.

But that unaudited financial statement indicates that they invested over $70,000 into Canwealth before Oct. 31st 2012. Now some cynics think that translates to zero value. And yes it's true that they don't have the means to mine the remaining concessions yet, but in the S-1 they claim they'll be looking to raise funds. Now maybe coming up with the funding is a difficult task, but I think it's funny that people don't want to see this as a highly risky .0001 play with potential; rather they see it as a doomed investment. Well personally I see enormous potential. Personally I think this stock is heavy in assets as far as a .0001 play goes. And with the price being .0001 the current market cap is $192,379

So instead of saying, there is no way Canwealth can recover billions in rare earth metals and Garth is a scam; I say, ICBT is valued at less than $200,000, I'm going to see if pps can grow!

Companies without bids can be had for nothing (doesn't mean they're worth nothing). Companies like ICBT are worth their assets.

Canwealth's concessions are believed to be worth billions.

Last October ICBT claimed that their company is worth: $4,280,827
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=98744

Eventually PPS should reflect a company's true worth. Well see what, if any progress they make in the year ahead.

What do you want him to do or tell you?

Since the company partnered with Canwealth they've acquired thousands of acres from hundreds (they lost some due to rezoning and protection laws by the gov); they then had an independent lab take samples and they posted the results. They then took the company public and spent months and money on filings. They are also seeking further investment and seem to plan on using the JOBS act to gain matching or contributing funds/grants. They plan or our conducting further geological test, and they are moving into the next phase in the process. Eventually they are going to rank the remaining claims by their potential, profitability, and accessibility and from there they will move accordingly into a production stage.

I couldn't say that I actually know what's going on now, or with BioSpec and others for that matter, so I agree we should here more.

But it's also public knowledge that the company is suing a former lawyers for over million for failure to secure the brewery business and equipment.

But I've listened to what Garth has said in the PR's and I guess I'm one of the few who has been hearing him... If you listen to Garth talk closely though, you might think that he's going to jv or partner with bigger companies and get several of the mines into production that way. He'd probably even lead you to believe that in a decade he's going to have things figured out and then that's when the company will seek out and look for exploration mining companies (like Canwealth Minerals is now) in hopes to partner up and profit off of their claims.

Anyways if you choose to buy into this perspective than you might buy into the enormous future theory. If you see everything as smoke and mirrors then you're sureley buy into the, it's a scam & Garth is a POS group.

Emails yes.

Have you ever talk to him? If he doesn't return your emails you can call the # listed in the S-1. I do think he might humor you if you informed him of you displeasures? Maybe he could even get you buying again :)

Is there any chance of compensation from the Farhill case? I haven't heard any updates on the court procedures in some time.

I enjoyed all those updates cork. My question is, have they or can they make enough off the artisan sales to stay afloat? It seems like they're far enough in to finally break through, but also like they are barely hanging in there.

That report TOSCA shared says we got our 50 year lease to grow them; I'm not sure that's still the case?

I didn't think it was up to date but came across it. I know they are out of money but are they still farming? Is there any good news to report?

Whatever happened to the aim of the company being able to qualify for NASDAQ markets?

http://www.sierragoldcorp.com/property_overview.htm

Posters have come to so many conclusions about Garth and his intentions; what does the S-1 have to say?

Executive Officers and Directors

The biographies of each of our current executive officers, directors and significant employees below contain information regarding the person’s positions with the Company, business experience, director positions held currently or at any time during the last five years, information regarding involvement in certain legal or administrative proceedings, if applicable, and, for directors, the experiences, qualifications, attributes or skills that led to the conclusion that the person should serve as a director for the Company.

The name, age and positions of our sole executive officer and director as of the date of this prospectus are as follows:

Name

Age

Position





Garth McIntosh

67

Chairman of the Board, Chief Executive Officer and President

Mr. McIntosh has over 40 years of extensive experience working as a business analyst and consultant for a variety of private and public corporations. He developed a series of unique diagnostic tools for businesses to identify the operational areas that could be improved so as to reduce costs and improve efficiency. Mr. McIntosh also has a strong background in strategic consulting, acquisitions and mergers and corporate turn-arounds with private and public companies.

Executive Compensation

The Company has not paid any executive compensation in the two most recent fiscal years.

Outstanding Equity Awards at Fiscal Year-End

The Company did not have any equity incentive plan awards outstanding as of the end of its last completed fiscal year.

Director Compensation

The Company has not paid any director compensation in the two most recent fiscal years.

Security Ownership of Certain Beneficial Owners and Management

The following table sets forth information regarding the beneficial ownership of our common stock as of the date of this prospectus by (a) each person who is known by us to beneficially own 5% or more of our common stock, (b) each of our directors and executive officers, and (c) all of our directors and executive officers as a group.

Name

Number of
Shares
Beneficially
Owned


Percentage of
Shares
Beneficially
Owned

ICBS, Ltd. (1)


38,648,077



76.12
%
Radcor Inc.


5,521,154



10.88
%
Garth McIntosh


0
(1)


-

Directors and Officers as a Group (one person)


0
(1)


-


(1) Mr. McIntosh is the president, director and a principal shareholder of ICBS, Ltd. Mr. McIntosh disclaims beneficial ownership of the shares of common stock held by ICBS, Ltd.


24



CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Mr. Garth McIntosh, the Company’s Chairman of the Board, Chief Executive Officer and President, is also a majority shareholder of ICBS Ltd. which is the largest shareholder of Canwealth Minerals Corporation. As of March 31, 2013 and December 31, 2012, Canwealth Canada has taken loans from the Company or its shareholders of $78,162 and $80,474, respectively in the aggregate. No formal repayment terms or arrangements existed. The entire above loan are non-interest bearing and payable on demand.

ICBS Ltd. has given a loan to the Company and also transferred the assets worth $51,960 as of March 31, 2013. As of March 31, 2013, the Company acquired intangible assets of $13,138 through loans from related parties.

This thing was trip zero before the last r/s so be warned; I lost thousands here and have cut my losses.

So you don't believe any of this?

Description of Business

Canwealth Minerals Corporation is a federally chartered, multi-element mineral exploration and mining company located in Quebec with a focus on gold with our main office located in Ile Perrot, Quebec, Canada. Our primary function is to search for viable mineral deposits in the Province of Quebec..

At the present time, there are 9 mineral properties under our management which are located in the lower Grenville province, Abitibi region and the James Bay basin of Quebec. We have a total of 38,573 acres under management. We are engaged in grass roots mineral exploration which includes conventional prospecting, geological and geophysical surveys, applied research and core drilling.

The focused activity of the company is to search for viable mineral deposits in Quebec under a Phase 1 program. Phase 2 will be to stake claims, joint venture or option properties in other mining jurisdictions in Canada. Phase 3 will be to take the company on an international level in a quest for viable mineral deposits. A leadership team will be assembled over the coming year in the form of a geological team which will be actively conducting fieldwork, assessments and assembling data to support new approaches that will expand the scope of our exploration projects. This exploration team will consist of a core group of experienced geologists and geoscientists, consultants and mineral research institutions, all committed to the quest of determining the mineral source(s) of our gold properties. The primary metals include gold, silver, platinum, palladium and base metals and the secondary element is REE (rare earth elements). The minerals are mined from underground or by open pit methods. The minerals are prepared as a concentrate or as a refined product and shipped to local and overseas markets.

Short-Term Goals

We will continue to seek out properties for staking land claims, and to perform Phase 1 drilling for core samples on its current mining claims. The focus is to develop a mining plan in which the current resources are best used to bring the most value to the Company. We are looking to prioritize our claims, and devote resources according to this ranking. As wealth builds, this translates into accumulating more resources to devote to the development of the other claims, as all of our claims have merit, however, as we are in the start-up phase, investment resources are our current limiting factor. Outside investors may also be sought to help achieve these goals.

Mid-Term Goals

As we grow and build our name in our industry, we anticipate seeking partnerships with other mining corporations in order to move into full scale mining projects. It takes significant capital to move into this phase in the mining industry, and we realize it will be a huge undertaking to develop all the properties we currently own without outside help. We believe it is better to be part of successful venture by sharing what we currently own, as bringing in other expertise and resources will speed the process. This will elevate our company to new levels by becoming a known supplier to the world of natural resources, both on the open markets and to users of such materials like lithium or barium, which cover the electronics industry, medicine, military and many other industries.

Long-Term Goals

Our long-term goal is to develop different branches to our operations, including building a consulting division which will help other start-up companies looking to break into the mining industry. We feel that once we master the knowledge and experience of building a mining company, we will want to work with others, and thereby become the go-to entity for startups. We believe we will be well positioned to become their initial partners and help these companies attain their goals.

You told me to buy something that hasn't sold a single share in over 6 months. ICBT sold over 400,000 shares today so I'm not taking your advice on what can and can't be sold.

I know what's going on with ICBT and this is a store and stash play for me. I believe in the enormous future!

Thanks Crowin'

No, I'm happy with my stake. I'm also pp at .0001035 so I'm not crying.

I need more short term plays though, for the near term.

Garth says that Canwealth Minerals has an enormous future; thus I'm not expecting an enormous return in the present, but I'm also not worried about zero.

But I'm a gambler, so I'm not a stranger to taking risk. But when I Final tabled at the World Series of poker, well that required more work & faith than this. But I also remember the time I bought into the Main Event and lost on day 2, well I didn't get any return on my $10,000 when I lost then. So with that being said, you think I'm worried about getting zero return for this play? Truth is I'm not afraid to gamble. True this might be 'the real lottery ticket' I've been waiting for, but even if it isn't, it's so much more fun than a grueling tournament. Plus I get to say I own millions and millions of shares!

I enjoy being a million sharer! And I'm a ICBT shareholder who's actually happy with life, we do exist! :P

The cupcake mine claims of course... I don't need proof of the supermodel because I already talked to her this morning... She's in the UK wrapping up a shoot and flying back to New York later. I'm hoping I get to see her soon and hoping we can get some good news here for once. Boards been so stale we're here talking about the excitement in my life; give us good news Garth! Get this ticker moving to where it belongs!

Show some proof that they're GONE

Don't invest if you can't afford to lose your investment? This is a trip zero play that happens to be sitting at .0001. A trip zero play with 9 mining claims; it's not Google but one of the best .0001 plays I've seen.

I said page 13. Don't make me double check old sport.

Page 13 Old Sport.

ICBT's role stake is better illustrated in the S-1 on pg 24-25
http://www.sec.gov/Archives/edgar/data/1512787/000137647413000347/cwm_s1.htm

How do you figure? Canwealth clearly states that ICBT is the largest shareholder in the company.

The former president was staking claims for his private company using equipment that Canwealth paid for. You don't think that's a conflict of interest? You really call that scamming by Garth?

Just remember, when ICBT came into the picture Canwealth had few claims (in the 100's?), now the company is in a better position. Some land was lost due to rezoning in Quebec, but Canwealth had well over 38,000 acres and still has the rights to numerous assets?

They also have Canwealth trading & filed up to date with the SEC. Say what you want but they laid out their business plan in the S-1. Take them as liars, unproductive, or progressing. What I see is a winning .0001-.00002 play

Let's hope he's prepared to get Canwealth into a production stage; is that asking too much?

I don't see a quick move coming; we need a lot of good news. Eventually I think we'll get there.

I never thought I'd see the day Chili Palmer is buying. You finally have some faith in Canwealth or are you expecting something to come from one of the other subsidies?

It's you're*

And I have similar thoughts about enough CEO's to understand your sentiment; I just don't think it applies to Garth. But he has a lot to prove in the year ahead if he's to ever get the plans of the S-1 in motion.

Why do you bother if you don't check the link? So many people creating false rumors when the facts are right in front of you, it's sort of sad.

So you don't believe Kimi when she said she believed in Canwealth Minerals enormous future?

What about all the sample rocks? Zero, zip... Nothing is technically incorrect?

Truth or just SEC Plantiff, United States District Court
Southern District of New York? The way I read things: shareholders got scammed by Farhills as did other companies. Canwealth's future may still be enormous?
http://www.sec.gov/litigation/complaints/2012/comp-pr2012-165.pdf

"The Illegal Profits
25. Defendants' resales of the stock of ICBS, Ltd. (ticker "ICBT"), a small company,
exemplify the mechanics of the illegal stock distribution operation and the resulting unlawful profits obtained by Bronson and E-Lionheart.
26. On February 3, 2010, E-Lionheart entered into a subscription agreement with ICBT in which E-Lionheart purchased 60,000,000 ICBT shares for $30,000. On February 8, 2010, Defendants deposited the ICBT shares in E-Lionheart's brokerage account.
On February 10, 2010,just two days later, Defendants sold 46,230,009 of these shares to the investing public through E-Lionheart's broker. The next day, Defendants sold the
remaining 13,769,991 shares through E-Lionheart's broker. No registration statement was filed or in effect as to such offers and sales thus depriving the market of relevant information- and no
valid exemption from registration was available for Defendants' sales. Bronson and E-Lionheart obtained gross sales proceeds of approximately $58,000 and illegal profits of$28,000.
28. Approximately three months later, on May 14, 2010, E-Lionheart entered into a subscription agreement with ICBT in which E-Lionheart purchased another 110,000,000 ICBT
shares for $30,000. On May 18, 2010, Defendants deposited these shares in E-Lionheart's brokerage account. On May 21, 2010,just three days later, Defendants sold 50,000,000 of these
shares to the public through E-Lionheart's broker. Four days after that, on May 25, 2010,
Defendants sold the remaining 60,000,000 shares to the public through E-Lionheart's broker. No registration statement was filed or in effect as to these transactions - and no valid exemption was
available for Defendants' sales. Bronson and E-Lionheart obtained gross sales proceeds of approximately $45,600 and illegal profits of$15,600.
29. Defendants engaged in at least 11 additional transactions with ICBT of similar type between September 2009 and May 2011 and resold the shares to the public without registration or a valid exemption. In total, Defendants' unregistered and illegal sales of ICBT
stock to the public netted gross sales proceeds of approximately $960,000 and illegal profits of $325,000.
30. Since August 2009, Defendants have engaged in similar illegal resales of the stock of over one hundred other companies. In the aggregate, Defendants have entered into hundreds of transactions, involving the sale of billions of registration statement being filed or in effect and with no valid exemption from registration
available for Defendants' sales of securities. The following table summarizes the transactions by Defendants in the stock acquired from just ten of these issuers during the two-year period
August 2009 to August 2011 :...."

Call the number in the S-1 and ask them about your concerns with the mineral claims. I'm sure you'll feel better after.

What do you want them to say? Didn't you read Canwealth Minerals financials? And if you really want to know what Garth is about, shouldn't you talk to him? If Garth is the biggest shareholder of ICBT with zero shares in Canwealth, then don't you think his goal is to increase share price of ICBT? It's so easy to see that it's not just a website with little cost, though most of the company's money was spent to get Canwealth running. But with Canwealth owning land and the rights to metals on those lands, is it not possible that they can have a huge future? Especially if the mining industry booms and mining stocks finally have their day? I personally think that if Garth is genuine that he can get ICBT's market cap in the billions, and that's what I call an ATM run up.

The financials say that they want to partner with companies on projects and then in the future be the big brother mining company to different future ventures? They think they can get access to more assets by helping new companies as far as getting incorporated and trading. If that ever happens than don't you think the price will be good? Imagine what that will be like for us shareholders who bought .0001?

The only purchase at that price was 1.48 but it has a line through it. Afterwards I see three purchases at .0001: 1st for 125,000 shares, 2nd for 500,000 shares, and last for 500.

I'm not really sure what to think about it because if someone was trying to manipulate with a 500 share buy wouldn't they at least purchase at .0002?

Anyways my view isn't as short sighted as most on ihub. I believe in the enormous future but I admit I've been wrong before; best of luck to you gambling with me!

S-1 and other Canwealth filings
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001512787&owner=exclude&count=40

"ICBT has nothing to do with anything anymore and dead gone?" No, you're WRONG! Nice try

Security Ownership of Certain Beneficial Owners and Management

The following table sets forth information regarding the beneficial ownership of our common stock as of the date of this prospectus by (a) each person who is known by us to beneficially own 5% or more of our common stock, (b) each of our directors and executive officers, and (c) all of our directors and executive officers as a group.

Name

Number of
Shares
Beneficially
Owned


Percentage of
Shares
Beneficially
Owned

ICBS, Ltd. (1)


38,648,077



76.12
%
Radcor Inc.


5,521,154



10.88
%
Garth McIntosh


0
(1)


-

Directors and Officers as a Group (one person)


0
(1)


-


(1) Mr. McIntosh is the president, director and a principal shareholder of ICBS, Ltd. Mr. McIntosh disclaims beneficial ownership of the shares of common stock held by ICBS, Ltd.

You've also been quoted as saying they have no office? Truth: ICBS Limited (ICBT) is the largest partner and holder on Canwealth. These blurbs from the S-1 show the share structure and office address :P

The Offering

We are offering a total of up to 15,000,000 shares of our common stock. For a complete description of the terms and conditions of our common stock, you are referred to the section in this prospectus entitled “Description of Securities.”

Shares of Common Stock offered


15,000,000



Shares of Common Stock outstanding before the offering (1)

50,769,231






Shares of Common Stock outstanding after the offering

65,769,231


(1)
This number does not include 100,000 shares of our common stock issuable upon conversion of an outstanding convertible promissory note issued by us.

The offering will terminate on the date on which all of the issued and outstanding shares of our common stock being offered hereby have been sold hereunder.

Use of Proceeds

We expect to use the proceeds that we receive from the sale of securities offered hereby for general working capital purposes.

Principal Office, Telephone Number and Internet Address

Our principal executive office is located at 1376 Perrot Boulevard, Ile Perrot, Quebec, Canada J7V 7P2. Our telephone number is (514) 425-2020 and our internet address is www.canwealthminerals.com.


BTW here's a copy of the old financials from Oct 2012 that show what ICBT spent/invested in before then. The way I see it, this is a growing company that needs to raise capital. I think the naysayers are just that.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=98744