IMD Companies Inc (ICBU)

[bigballer_sa4]

keep in mind the original question you asked was the following:

"Can you prove 12 Million in revenues? "

Now i took that as me going thru and tracking down the books , receipts, etc. Nobody can do that with any company. The reliance is with the information that company reports and with a final certification by an independent auditor. I think we are on the same page there.

My point was that without that certification which is supplied really by the company there is no way for individuals to prove the revenues. People have 2 options either believe what the companies put out or not. Like i said before with today's regulations , i'll give the benefit of the doubt to financials that are reported to a regulatory body. If there is evidence that the information is incorrect then that should be reported to the SEC to take care of. I've looked at a lot of their past reporting and it seemed consistent. Not sure how many scammish companies would report such low revenues. IF they really wanted to hit it big then i would expect 0 reporting and just press releases but that isn't the case here.

If you don't trust the CEO that is absolutely okay. At least you don't go around purposely trying to mislead people like other convicted scam artist we know. ;)