ICBS Limited (ICBT)

[brightguy]

Requirements to use Form 211 l Going Public OTC Pink Sheets

In general, a private company can go public if:

? The private company has at least 25 non-affiliate shareholders who paid cash consideration for their shares at least 12 months prior to the Form 211 filing date;





? The private company must have at least 1 million shares outstanding, of which at least 250,000 are free trading shares;

? The private company must never have been a shell company; and

? The private company has current public information available.