IMD Companies Inc (ICBU)

[bigbadjohn]

Let me point out your false claims

1. In one year and three months they only filled 30% of their contract. Materially incorrect. Contract was reported in March of 2017. That's 9 months.
So in 9 months they sold 20,000 tons, so in the two years they have to deliver at this pace they will deliver what 50-60 tons. That's not fulfilling the 100 they need to.

2. Have a history of not fulfilling contract. This can't be stated as a fact since KRSNA Minerals is a subsidiary and was purchased late 2016. There is no documentation or evidence that they haven't been able to fullfill contracts. There is a difference between direct company operations and subsidiaries
Read their press releases, unless a miracle happens they are short big time.

3. No contracts to sell their product in 12 more months. This assumes that in 12 months they will have no business. Nobody knows this for sure since they've only talked about 1 major contract, but they have reported revenues prior to this major contract so they evidently do have a steady stream of business.

You are correct they might get more business, however they can't meet their current business and who buys shares of a company that doesn't meet obligations and that they "might get more business" They might not".

There you go I thinks that pretty material correct. Now tell us all sunshine how do you mine mag chrome powder?