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Information is all public. It's not a secret
This is not accurate because if it was accurate then what your saying is that the EXMT scam has been around since at least 2001 when Arshad A Shah was the CEO. Alot of what's been said doesn't add and doesn't match what the regulators report
Are you referring to the press releases the company sends out that's public information or the financial information posted to otcmarkets which is also public information. If there is anything else you know about please let us knows because I haven't seen anything.
Very interesting post. What is the front run news?
are you even aware which reporting period is expected to be released?
Me too but I"m not sure if it'll ever be pointed out.
Don't know who ... is so would appreciate if these false info was pointed out
what is the false information?
3rd quarter ended Sept 30th which is 10 days ago. ICBU owns KRSNA minerals which means all their financials appears on the ICBU finanicals, so of course its required. They've been reporting this way for the past 2-3 quarters.
With all the yes on regulation and new laws and oversight that has come out since we've had the likes of: Enron, Arthur Andersen, Worldcom, Qwest Communication, Tyco, etc... and your telling me nobody has caught up to these guys for over 15 years?
I see more hard times for ICBU but don't see a scam.
BTW, Rick Wilson has only been part of the company since 2014, the company itself has only been around since 2010.
Don't know. This information was in the quarterly though. It did mention minus any 3rd party costs. Not sure exactly what that meant though. I thought it was pretty high myself, not sure what value they use for each new contract.
His salary is 10k per month and 25% performance incentive on new contracts
There is no disagreement around the ability to get information on ICBU. It's easily attainable from otcmarkets. Lets be accurate with your information. You didn't provide any documentation around not having an having an active license. What you provided was an old expired document (there are multiple out there) and since you couldn't find the most recent one, you came to the conclusion that their license is not active.
Now given the following link
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=413977801
I suggest you go to bloomberg and let them know that the information they have is incorrect. Once bloomberg changes the description of KRSNA Minerals to be an exporting company instead then maybe I might believe you.
Your research is only as good as what's available. Information on public companies is very easy. Information on private companies can be very difficult and almost impossible in a lot of situations. When you throw in a foreign company then it becomes increasingly more difficult.
Amazing there is one simple path that could've been taken to clear things up and you never took it. Fortunately I did and got a better insight into the company.
Sorry that post was more sarcasm. I know stuff like that doesn't exist and is never required.
I personally would like to see the documentation of this transaction. Since its' being reported here I guess it must be public information
The research done on ICBU is not correct/complete. When someone doesn't have a vested interest in a particular subject then they don't put enough effort into proper research. The company has reported to the OTC that the company they purchased is a mining company. Why would anyone think any different.
Company needs to try and stay in business. As "ALL" companies do, they need to raise cash somehow, with either selling stock or debt. Only other option is to fold. When buying into a company such as this , its important that all investors understand this up front which we do.
actually more interested in the structure, assets, change in balance sheet due to new purchases, and revenues from new company.
That's the things the actual investors care about
I think there is a lot of profit taking also the stock is really just overvalued. I was no way a buyer at .01 or higher because the company just wasn't worth it but it's coming closer to a more reasonable price. The stock saw a huge increase over a 2 month span and of course its going to fall from the top like any other stock would. I personally expect it to come back but I think it needs to find a more appropriate trading range.
Updates expected within next couple of weeks. This could get interesting
So explain what it means. (this is gonna be good)
yeaaahhhh rrriiiggghhhttt
so you want to prove the financials reported to the OTC is false?
well they bought a mining company. that was report within 3 years
The stock should still rise. Even with the approx 600k in one time gain your still looking at 900k in net income from operations. Just keep in mind the stock has grown significantly from 1 year ago. The revenues/income still IMO has to catch up to the stock growth. It'll be interesting to see the numbers for quarter ending 7/31 look like. (which they seem to be late on)
Down .00002 or 1.2% is down big time? So what would you call up 14% which it was the day before?
is the pump and dump based on false information or just investors pumping the stock to others based on company press releases?
There is many. Just not on this stock
Oh yeah but at a earnings basis not a revenues basis. This one has a very high multiple. It's a stock i'll be watching for sure. It just seems something that could be stuck at a range for awhile. It could take off and I may miss the boat, but I'd like to see with the contracts in place what that does to earnings which I won't see till december.
How did you come up with .0428 PPS valuation? I think you might've missed a zero somewhere. 15mill/3.5 Bill is .00428. With the share reduction your looking at approx .00856. That's just based on revenues once you take out costs the evaluation is a lot lower and the balance sheet as of 7/31 is pretty debt heavy.
With that said, I think the company is doing a lot of good things and has a lot of momentum, but the shares just seem a bit expensive right now. This stock reminds me of SIRI who's revenues couldn't really match the shares outstanding.
Just noticing this stock now. I think your right about that tough climb to .90. This stock still has a long way to go to even validate its current market cap.
oh yeah as of right now EXMT is up 30%. So i think its doing real good.
LOL. So is that a personal dig. I'll bite. So why don't you go ahead and educate us on this mystery company. We all know SEC publishes the litigations. Provide us the link.
More like exposing a history of misinformation. Still waiting on any proof of this SEC investigation. It certainly isn't on the SEC site. If they were investigated as you claim then obviously they were found innocent of any wrong doing.
So basically what your saying is that they were investigated by the SEC and they found no wrong doing. I'm assuming this since we can't find any litigation on the SEC website and you haven't been able to produce anything.
Hmm, very interesting
They did give an update. You need to go back and look at "ALL" the releases and not just pick and choose the ones you want to read.
But i'll give you an lil run down. The order has been increased, they were given a 2 year extension. 10% of the order had been mined and was in the process of being delivered. They were also in the process of opening another mine so they can increase their production.
I've seen them. They've been evaluated with the regulatory reporting
Yeah. I hope they come soon. Current quarter is closing at the end of this month. Audit from India is supposed to be in their hands by the end of this month also. I hope they release that information soon after.