8 mining claims out of 9 are gone.

As stated on page 5
This is a red flag DO NOT BY STOCK FROM THIS COMPANY !

Mr. McIntosh’s lack of experience in operating a public company could impact your return on investment, if any.

As a result of our reliance on Mr. McIntosh, and his lack of experience in operating a public company, our investors are at risk in losing their entire investment. Mr. McIntosh intends to hire personnel in the future, when sufficiently capitalized, who would have the experience required to manage our Company. Such management is not anticipated until the occurrence of future financing. Since this offering will not sufficiently capitalize our company, future offerings will be necessary to satisfy capital needs. Until such a future offering occurs, and until such management is in place, we are reliant upon Mr. McIntosh to make the appropriate management decisions.

We will require additional financing in order to implement our business plan. In the event we are unable to acquire additional financing, we may not be able to implement our business plan resulting in a loss of revenues and ultimately the loss of your investment.

To fully implement our business plan, we will require substantial additional funding following this offering. We plan to raise additional funds through private placements, registered offerings, debt financing or other sources to maintain and expand our operations. Adequate funds for this purpose on terms favorable to us may not be available, and if available, on terms significantly more adverse to us than are manageable. Without new funding, we may be only partially successful or completely unsuccessful in implementing our business plan, and our stockholders will lose part or all of their investment.

There is no current public market for our common stock; therefore you may be unable to sell your securities at any time, for any reason, and at any price, resulting in a loss of your investment.

The total gross weight of all the mineral samples only equated to about 500lbs.....IMO

Zero....zip.......nothing

All the claims stated in the list are in quebec canada. The mining regulation are different.

ya for what ever is left of the last remaining claims.

ya for what ever is left of the last remaining claims.

Shadow mountain The last 2 remaining claims will expire Aug 7, 2013
Golden Ridge 4 claims will expire aug 30, 2013
Highland Gold 30 claims will expire aug 24, 2013
Highland Gold 4 claims will expire aug 30, 2013
Highland Gold 6 claims will expire sept 22, 2013
Highland Gold2 14 claims will expire feb 19, 2014
East Bay Gold camp 6 claims will expire march 19, 2014

Icbs/garth doesn't know what there doing. The holder of the claims can not sell them but can transfer them to another mining company and make a deal for stock or cash or a net smelter return. The cost would have n only been $15.00 per claim to transfer them.

I agree.

jonhnnycomelately9
What's this Quote about? As you stated "But with Canwealth owning land and the rights to metals on those lands, is it not possible that they can have a huge future?"
There is no future for Canwealth Minerals.

Here's an update for you ICBS/Canwealth minerals/Garth as of July 20, 2013 The "company" only has 64 mineral claims left out of a total holding of 268 claims. 204 mineral claims have expired due to a lack of funding to move forward to advance the DD, pay the needed man power and claim management.

Just go and register on the quebec mines website. You will find all the information as a registered member.

yes I do agree canwealth is worthless.

No one has anymore money to give because the money has been lost in bad investments with ICBS stock scam.

ICBS/Garth/ Canwealth minerals doesn't hold any claims on shadow mountain anymore according to the quebec mines department.
Kelly T was booted because he was digging into ICBS/Garth's passed. Garth didn't like that idea. So based on my research Garth was committing malfeasance. Kelly objected to Garth's unethical plans to keep Canweath minerals as a paper company. Kelly had no interest in ripping off investors. He believed in an honest and legitimate business code of conduct and wanted to see Canwealth Minerals become a great mining company

Malfeasance: a person who is fully aware and commits wrongdoing or improper or dishonest conduct, especially by a person who holds public office or a position of trust. Is also a hostile act, aggressive action taken to injure the client's interests in a business.
Legitimate:
1. Being in compliance with the law; lawful: a legitimate business.
2. Being in accordance with established or accepted patterns and standards.

It is official as of July 18, 2013 all 64 mineral claims for the Lakeview property have expired. Non retrieveable and can not be renewed by Canwealth Minerals.
It is official as of July 17, 2013 the balance of 41 mineral claims at Shadow Mountain have expired. Non retrieveable and can not be renewed by Canwealth Minerals.

Ya pursuing charges against ICBS/Garth would be great. As can be expected they'll shut him down with a slap on the wrist.
Just to sort out the paper trail would take years by that time Garth will be dead.

Drummond 125 ( Garth )
Who is ICSB?
Boring old news...........Yawn
There going after Kelly Taylor and Garth McIntosh?

With all these posts since the announcement of the Canwealth Minerals/ICBS deal. Garth should be highly motivated by now to make shareholders and investors happy including Kelly Taylor to make it a win-win deal.

The baggage that USG1 had was a ballooning debt from managing the shell. In away USG1 found a sucker to buy the shell but at the same time ICBS/Garth thought they found a sucker that would unload a shell in a fire sale. So what you end up with is a win-win situation. It made good business sense to unload it as soon as possible before the shell debt exceeded its value. The next option was to cut a share deal in the merger which is what happened. But will the share holders of USG1 be able to cash in on it? I really have my doubts.IMO
Case in point. Metal prices have dropped, Garth's POS business history, Garth's lack of business knowledge as stated in the S-1 filing, lack of money etc etc etc, is bad chemistry for success. Provided Garth keeps his promise and respects the terms of the agreement to pay the original share holders of USG1. So far he is late in paying them.

Investments in other companies?: unknown.
The 42 shareholders appear tobe friends, family and acquaintances.
For the 42 shareholders to manipulate the stock as a whole. Doubtful and it would not be that easy. IMO
The big question is.....who contacted who first for the merger deal.???
USG1 was eager to unload the shell.

Garth holds the strings and pulled hard to ckoke us. Kimi and Kelly were the puppets.

Garth Is a one man operation, self appointed himself as ceo so he could manipulate agreements to take controlling interest of canwealth minerals. In time and at the end the 2 claims in question were in Kelly's own name. He had the legal right to do so regardless. ICBS/Garth used it as a lame excuse to get the last few shares to gain full control of Canwealth Minerals. Then issues a PR to discredit Kelly and further commits defamation against him for revenge. As time went on ICBS/Garth ran with the idea to discredit Kelly further. It has become common knowledge that ICBS/Garth took it out on Kelly when Don Saunders pulled the plug on the Biospec project because ICBS/Garth had being lying for the past several years about its progress for a product that was never going to go into production and had no money and no expertise to follow it through.
It was quoted one day "why does the idiot keep trying to work with a dead horse" Biospec

http://www.sec.gov/Archives/edgar/data/1512787/000137647413000347/cwm_ex23z1.pdf

Kelly Taylor is not president of Canwealth Minerals. As per the S-1 filing his name is not mentioned anywhere. Also he does not want to associate himself with the company in the present and future due to ICBS/Garth unethical business history.
Garth is ceo and president of Canwealth Minerals USA. By unethical vertue of his own action he appointed himself as president of Canwealth Minerals USA.

Yes I guess we will have to wait and see what happens.

Well if he can't find another soul to make false promises and screw.
Ya he will be alone and the only seat he will have is the one in a prison cell.

What trips?
Logic dictates there is no money for DD and acquire more fresh assay samples.

LOL Yup let the fun begin. Garth is like a cancer in the scam business.

The ATM machine has to be shut down. AGAT laboratory is closed to ICBS. IMO

LOL
Yup lots of fake offices just like Monterra Mining Inc back in oct 2005

SEC S-1 Page 5

Our present limited operations have not yet proven profitable.

To date we have not shown a profit in our operations. We cannot assure that we will achieve or attain profitability in 2013 or at any other time. If we cannot achieve operating profitability, we may not be able to meet our working capital requirements, which will have a material adverse effect on our business operating results and financial condition.

The loss or unavailability to the Company of Mr. McIntosh’s services would have an adverse effect on our business, operations and prospects in that we may not be able to obtain new management under the same financial arrangements, which could result in a loss of your investment.

Our business plan is significantly dependent upon the abilities and continued participation of Garth McIntosh, our president and chief executive officer. It would be difficult to replace Mr. McIntosh at such an early stage of development. The loss by or unavailability to us of Mr. McIntosh’s services would have an adverse effect on our business, operations and prospects, in that our inability to replace Mr. McIntosh could result in the loss of one’s investment. There can be no assurance that we would be able to locate or employ personnel to replace Mr. McIntosh, should his services be discontinued. In the event that we are unable to locate or employ personnel to replace Mr. McIntosh, we would be required to cease pursuing our business opportunity, which would result in a loss of your investment.

Mr. McIntosh’s lack of experience in operating a public company could impact your return on investment, if any.

As a result of our reliance on Mr. McIntosh, and his lack of experience in operating a public company, our investors are at risk in losing their entire investment. Mr. McIntosh intends to hire personnel in the future, when sufficiently capitalized, who would have the experience required to manage our Company. Such management is not anticipated until the occurrence of future financing. Since this offering will not sufficiently capitalize our company, future offerings will be necessary to satisfy capital needs. Until such a future offering occurs, and until such management is in place, we are reliant upon Mr. McIntosh to make the appropriate management decisions.

Even if the S-1 filing gets through and trades.
The horse is not dead, it has 4 broken legs.
Who would want to invest in Canwealth minerals when they are abandoning mineral claims with no PR's to notify investors for the reason? Thats a RED FLAG!
Its a good indication ICBS didn't have the money to pay for PR's. IMO

Further to my IMO comment.
Would you stay in a business partnership, if your partner was abusive and only wanted to render your interest in company to zero just to take control of it?

IMO
Well Since you're interested to know. I know Kelly personally and as stated in a previous post. Kelly staked 2 claims in his own name for the purpose of practicing his trade on fresh new ground. Since, he was prohibited from going on Canwealth Mineral properties for practice. No Canwealth mineral equipment and no Canwealth mineral money were ever used, because the claims can only be electronically staked and paid for by a credit card. Canwealth minerals never had a corporate credit card in its own name. Yes I have seen the AGAT assay report. When, Kelly was CEO at the time in March, 2012. He was entitled to stake claims in his own name and no obligation to advise ICBS. Just like ICBS/Garth failed business history. To with hold information is a right we all have until trust is established. But to deliberately compromise a partnership for ICBS/Garth's hidden agenda is suicide. It was clear and still is that the partnership agreement was compromised from day 1 by ICBS/Garth. The hidden agenda was discovered by Kelly by June 2011 that ICBS/Garth wanted to keep Canwealth minerals as a "paper" company and staking claims beyond its means to financially manage with no intention of fruition regardless of DD expenditures. Kelly objected to this. Arguments ensued on a regular bases and the issue of supply of funds became more questionable. Kelly was lead to believe that ICBS funding was solid and bountiful. But in real terms it was not and indicated the funds were exaggerated, inflated or nonexistent in its coffers and was hiding the truth from him.
There was no conflict of interest. ICBS/Garth wanted to make it an issue regardless as a conflict of interest to gain full control of Canwealth Minerals and manipulate the agreement and it's business relationship with Kelly. The way things have been going it was just a desperate attempt by Garth to gain full control of Canwealth Minerals because ICBS Ltd is burnt out/bled with a failed "paper" history.
If ICBS/Garth were smart they could have created a great enterprise that everyone could have benefited. But ICBS/Garth had different ideas of business philosophy which is where the conflict occurred.

In the meantime in August 2012 Kelly started up another company and when Garth found out he took revenge by taking the rest of the company from him and posted sick comments by himself that Kelly was a fraud???? It was one of many dumb things Garth has done.

Does that answer your quesions? Thx IMO

Well from my perspective. Yes the selling of shares was active dispite the low volume while mineral claims were being abandoned this abandonment will continue until at least the end of august for most of the claims.

From july 17-20 another 105 claims will expire. Primarily on Shadow Mountain and Lakeview properties. It would take a miracle to avert loss of these claims if ICBS/Garth can come up with
$126,000.00 +$11,340.00=$137,340.00

Based on my analysis it is impossible to determine a potential profit for the claims until a complete DD is performed that includes a complete geochemistry and geophysics with drilling.
To try and sell shares based on potential profits with ZERO DD is extremely risky and speculative and warrants a NO BUY. IMO
There was potential, its obvious the claims were abandoned due to a lack of money. IMO

No renewel, no transfers to another mining company. The claims will be returned back to the government for restaking by another prospector or mining company. In the meantime has anyone heard or seen a new PR that canwealth has staked some new claims or planning to stake more to replace the ones they couldn't keep in good standing or dumped? Thats because there is no one in Canwealth that can do the DD under the instruction of ICBS/Garth and its obvious that ICBS has no money left from the Fairhills capital.
Just like the last transaction from Fairhills in may 2011 as per SEC. The timeline says it all ICBS received a funds transfer and within a month or so the announcement of a pending drill purchase??? Thats to much of a coincidence in my books.
Ya sure quebec has lots of land for claim staking I guess about 1.2 million square kilometers

I would say the assay results were good and accurate. It was just a tool to scam investors and its founder in to believing the company was going to do great things once ICBS got there hands on it. Garth turned it in to a POS.

All 9 claims for Golden Bear have expired.
The following report applies to 1 out of all 9 claims that have expired.
Title Number CDC2298904
Status Active
Area 59,64
Date of Registration 2011/07/05
Anniversary**
Abandoned 2013/07/04
Expiration Date 2013/07/04
Date of Staking
Date of Designation 2011/04/25
Discovery of mineral substances containing 0,05% or more uranium No
Date of Suspension
Number of Renewals*** 0
Amount of Excess Work 0,00 $
Amount of Work Necessary for Renewal 1 200,00 $
Required Fees for Renewal* ++ 108,50 $
Annual Obligations*
Rent*
Renewal File Being Processed No
Work File Being Processed No
Conversion/Substitution File Being Processed No
Amalgamation File Being Processed No
* Amount subject to change of tarifs
** Anniversary for payment of annual rent
** Anniversary for the fulfillment of annual obligations

++ The fees for the renewal of a claim shall be doubled when the renewal of a claim is applied for on the 60th day preceding its expiration date or after that date but before the date of expiration of the claim.
*** Number of renewals since the implementation of the electronic register
Titleholder(s)
People In charge of Number Name Ownership
83563 Canwealth Minerals Corporation 100,00 %
100,00 %
Territory (polygons)
Map Sheet(s) Township/Seigniory Row / Column Part Number Polygon Number*
(31J04) 0013 / 0022 0 403483312

That makes a total of 99 claims to date that have expired for Canwealth Minerals for 2013.

Registered through: GoDaddy.com, LLC (http://www.godaddy.com)
Domain Name: ARTISTTERRYDRUMMOND.COM (drummond125)
Created on: 10-Jan-10
Expires on: 10-Jan-15
Last Updated on: 10-Jan-10

Registrant:
ICBS Ltd.
1376 Perrot Blvd.
Ile Perrot, Quebec J7V7P2
Canada

Administrative Contact:
McIntosh, Garth info@icbs.ca
ICBS Ltd.
1376 Perrot Blvd.
Ile Perrot, Quebec J7V7P2
Canada
+1.5149324402

Technical Contact:
McIntosh, Garth info@icbs.ca
ICBS Ltd.
1376 Perrot Blvd.
Ile Perrot, Quebec J7V7P2
Canada
+1.5149324402

Domain servers in listed order:
NS05.DOMAINCONTROL.COM
NS06.DOMAINCONTROL.COM

Domain name: icbs.ca
Domain status: registered
Creation date: 2002/08/22
Expiry date: 2017/08/22
Updated date: 2012/08/24

Registrar:
Name: Tucows.com Co.
Number: 156

Registrant:
Name: Intercanadian Busniness Services Ltd.

Administrative contact:
Name: Garth McIntosh
Postal address: 1310 Greene Avenue, Suite: 730
Montreal QC H3Z 2B2 Canada
Phone: 514-932-4402
Fax: 514-932-6755
Email: support@idott.com

Technical contact:
Name: Network Admin
Postal address: 10 Kelfield Rd
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Phone: 1-877-414-5665
Fax: (416) 233-6970
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Name servers:
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Here is some interesting info. (Kelly) only has 2 mineral claims personally in his own name. This doesn't constitute competition against Canwealth Minerals at all the very company he founded in Jan 2006. By all rights and means he would have been entitled to stake claims in his own name for the purpose of evaluation or practice since he was not allowed to because ICBS Ltd kept running out of money. It would not make any sense for (Kelly) to perform DD on Canwealth Mineral properties out of his own pocket. As stated in past PR's ICBS as per agreement would provide financing for DD. It is obvious that ICBS Ltd/Garth misrepresented and mislead Kelly and investors in to believing that Canwealth Minerals was going to do great things with the support of ICBS Ltd.
If you want to know more go to gestim.mines.gouv.qc.ca
and become a registered member on the Quebec mines website.
Mining Title
Information on Title
Title Number CDC2339020
Status Active
Area 56,00
Date of Registration 2012/03/29
Anniversary**
Abandoned 2014/03/28
Expiration Date 2014/03/28
Date of Staking
Date of Designation 2012/03/03
Discovery of mineral substances containing 0,05% or more uranium No
Date of Suspension
Number of Renewals*** 0
Amount of Excess Work 0,00 $
Amount of Work Necessary for Renewal 1 200,00 $
Required Fees for Renewal* ++ 54,25 $
Annual Obligations*
Rent*
Renewal File Being Processed No
Work File Being Processed No
Conversion/Substitution File Being Processed No
Amalgamation File Being Processed No

** Anniversary for payment of annual rent

** Anniversary for the fulfillment of annual obligations

++ The fees for the renewal of a claim shall be doubled when the renewal of a claim is applied for on the 60th day preceding its expiration date or after that date but before the date of expiration of the claim.

*** Number of renewals since the implementation of the electronic register
Titleholder(s)
People In charge of Number Name Ownership
82063 Taylor Kelly 100,00 %
100,00 %
Territory (polygons)
Map Sheet(s) Township/Seigniory Row / Column Part Number Polygon Number*
(32E08) 0025 / 0001 0 402585158

Mining Title
Information on Title
Title Number CDC2339019
Status Active
Area 56,00
Date of Registration 2012/03/29
Anniversary**
Abandoned 2014/03/28
Expiration Date 2014/03/28
Date of Staking
Date of Designation 2012/03/03
Discovery of mineral substances containing 0,05% or more uranium No
Date of Suspension
Number of Renewals*** 0
Amount of Excess Work 0,00 $
Amount of Work Necessary for Renewal 1 200,00 $
Required Fees for Renewal* ++ 54,25 $
Annual Obligations*
Rent*
Renewal File Being Processed No
Work File Being Processed No
Conversion/Substitution File Being Processed No
Amalgamation File Being Processed No

* Amount subject to change of tarifs

** Anniversary for payment of annual rent

** Anniversary for the fulfillment of annual obligations

++ The fees for the renewal of a claim shall be doubled when the renewal of a claim is applied for on the 60th day preceding its expiration date or after that date but before the date of expiration of the claim.

*** Number of renewals since the implementation of the electronic register
Titleholder(s)
People In charge of Number Name Ownership
82063 Taylor Kelly 100,00 %
100,00 %
Territory (polygons)
Map Sheet(s) Township/Seigniory Row / Column Part Number Polygon Number*
(32E07) 0025 / 0060 0 402585859

Head scratcher
I salute you!
You hit the nail right on the head and drove it home!