ICBS Limited (ICBT)

[StrengthenNumbers]

Preferred shares indeed, as per the June-2011 financials.





And the equity in the preferred shares is about 4X that of the common shares. I'm also curious as to why there is no breakdown of the S/S referenced with regards to the preferred vs. common shares, which, if combined, far exceed the 700M A/S. Anyone care to enlighten me as to whether some reason that all this is kosher?

See "Note 4" at the bottom of the financials linked below.

http://www.icbs.ca/icbs-financial-june2011.pdf