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Re: TommyBoyTrader9460 post# 25778

Monday, 11/27/2017 5:12:21 AM

Monday, November 27, 2017 5:12:21 AM

Post# of 64707
$ICBU is a head scratcher here. Should be trading higher i think but some baggage it needs to overcome. Too many failures in the MJ realm but it's refocus in the mining looks to be the winner.

Couple of things I noticed about their history. Larry Robertson was the CEO and looked to be the mastermind around the failed businesses. By the end 2016 it looks like Rick Wilson took over the helm based on the companies filings and things seem to be operating very differently.

The turn around started with this press release. This was basically the announcement that they were moving to mining

https://www.otcmarkets.com/stock/ICBU/news/IMD-Companies--Inc---ICBU--Gives-Corporate-Update-and-Becomes-Current-with-all-its-Financial-Filings?id=139360&b=y

Soon after that they announced negotiations for a 100mill revenue producing asset which turned out to be a mining company. Going back thru their filings since mid 2014, this is the first time they've reported revenues in the millions. The biggest difference I've seen with the new CEO is a revenu e generating purchase and multiple times have stated working on getting audited financials with the goal of uplisting.

The play here I believe is for uplisting. If it happens it'll be around early next year is my guess. It's a bet but one that could potentially pay off.

If anyone looks to make this play, i suggest looking at the history and notice the changes.

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