IMD Companies Inc (ICBU)

[Get_It_Right]

For those of you concerned whether KRSNA is, or was, an actual business, peruse a few of the links below:

Trying to find anything about "KRSNA Minerals" is difficult,...but its most likely because it is "KRSNA Exporters" that should be searched for. It appears they engaged in exporting all kinds of products besides Iron Ore. They also exported spices, other food products, farming/agriculture, etc. Appears to be an evolution for them. Obviously I'm guessing they separated "KRSNA Minerals" to signify their mining side, which came later:

http://www.listcompany.org/Krsna_Exporters_Info.html
http://www.companiess.com/krsna_exporters_info1820338.html
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=413977801


Looks like the previous owner was a gentleman by the name of Mr. Brundaban Nayak. He is mentioned in the previous links, and is also found as "Proprietor" on the license in 2012. I'm thinking based on other links I saw, he may have gone into the restaurant business, and kept his spice and food enterprises going. Maybe he is still managing the mining aspects for ICBU/IMD-Companies:

https://i3ms.orissaminerals.gov.in/MIS/PLProfile.aspx?id=4683


Geographic area, etc., match up on previous links. Orissa and Odisha seem to be interchangeable designations of the area.

If you scan the following link for "krsna", you will see a solicitation (may be second one down, on April 12th) for Iron Ore showing our previous proprietor in the contact info.:

http://www.ferroalloynet.com/search/india+odisha+iron+ore.html


On a Directory of Exporters of Orissa (March 2007),... KRSNA Exporters appears to be mentioned on page 17:

https://www.scribd.com/document/339110890/Directory-of-Exporters-of-Orissa



Not saying any of this is concrete or swearing by it, or of the character of the supposed new owners. This is just a little of what I found.

Do with the aforementioned as you will. I'm feeling pretty confident about things for the "price" I am taking a chance from. If you want to give up your shares cheaply, I and others will sweep them up. More cost-effective to get them now then later.

Thanks