IMD Companies Inc (ICBU)

[bigballer_sa4]

Let's be fully transparent and release full information. Within the same press release was the following:

The first 10,000 metric tons of Chrome Powder from original order has been mined and is ready for shipment to Hong Kong based company. The company has expanded work on two of its claims to meet demands for this contract with China for Manganese, Iron Ore and Chrome Powder.

Yes the original contract was to be produced in 6 months. That wasn't going to happen, the order was increased and they were given 2 years to fulfill it. The said that only 10k tons was ready to be shipped of the original order. So the status updated is the contract was increased to 2 years. 10K tons have been processed and ready to ship as of late August.

Why would you not include this information?

I will admit the following is worded funny

Due to the additional orders the contract has been extended to two years for delivery.

They really should've just said the time frame for delivery was increased to 2 years which is just as fine.

In all reality , time will tell how this order goes and will only validated by financials submitted to otc/sec (whichever one).