Replies to post #39020 on ICBS Limited (ICBT)

[johnnycomelately9]

Investing in ICBT looks like a no brainier

ICBT vs ETF alternatives
ETFs Today 3mths 1Yr YTD
ICBT 42.86% 900.00% 900.00% 400.00%
IJR 0.49% -2.72% 25.06% -1.65%
EES 0.44% -2.71% 28.71% -2.26%
SCHA 0.26% -3.51% 22.69% -1.56%
VIOO 0.46% -2.49% 25.56% -1.52%
VB 0.40% -2.51% 21.39% -0.61%
DWAS -0.75% -10.42% 17.43% -8.96%
SAA -0.28% -6.42% 52.63% -5.65%

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From someone who has done more than look but actually invested: It feels like a no brainier.

Yesterday this was knocking on a 15M wall at .0012 before one 86,000 bid sell at .001 set off 5 trades in eleven seconds, then numerous dumps at .0009 the rest of the day. But with all the action (255 trades) we got to be happy with how the day turned out? After that one 86,000 trade at .001 followed by .0009's, it led to scared sellers moving some of their 15M on .0012 ask to .001 and .0011 from .0012 and at that point all the momentum left and settled there for the rest of the day. Near the end of the day I saw a single digit number of .0012's come back on the ask, but a few million at .0011's were still there. Question is, are we going to build new walls at .0015, .0016 and .002 or are we going to let this run to where it belongs?

At .0008 I put up a block at .0015, but when at .001 I took it down because I'm not selling at a tenth of a penny. At this point it's smart to not sell any into the bid but rather take whatever profits you want when you want on the ask... Leave the bid trades to the game players because this is ticking up if you didn't notice? The chart; expecting news and everything else is pointing it up, so hold tight till you get where you're satisfied.

When news comes who knows what impact it will have? Even still, pps is nowhere near my personal evaluation; not even close to Jim Cramer's 2014 Mad Money Fund projection of .025.

New investors: Understand what we own. Multiple subsidies but 60% of this, CANWEALTH MINERALS

http://www.nasdaq.com/markets/ipos/company/canwealth-minerals-corp-866610-72981

Here's the S-1 documentation describing the nature of the subsidy. You can read the recent PR's to familiarize yourself with the subsidies CFO and head geologist:

pg.4

We will remain an “emerging growth company” for up to five years, although we will lose that status sooner if our revenues exceed $1 billion, if we issue more than $1 billion in non-convertible debt in a three year period, or if the market value of our common stock that is held by non-affiliates exceeds $700 million.

pg. 14

Short-Term Goals

Our short term goals include continuing to seek out properties for staking mining claims, hiring a chief geologist and a mining engineer and, under the guidance of our chief geologist and mining engineer, performing Phase 1 drilling for core samples on our current mining claims. The focus is to develop a mining plan in which the current resources are best used to bring the most value to the Company. Our actual approach will be highly contingent on the findings and recommendations of our geologist and mining engineer. Depending on such findings and recommendations, we estimate that our short-term goals will cost approximately $1,100,000-$1,500,000, which we expect to fund with the proceeds of this offering and, if necessary and to the extent available, additional funding from outside investors. This aggregate cost is comprised of the following estimated amounts: geological team: $200,000 – 300,000 per year; drilling/exploration: $600,000 – $800,000; administrative costs: $200,000 – 300,000; and assay reports and laboratory services: $100,000.

Mid-Term Goals

As we grow and build our name in our industry, we anticipate seeking partnerships with other mining companies in order to move into full scale mining projects. It takes significant capital to move into this phase in the mining industry, and we realize it will be a huge undertaking to develop all the properties we currently own without outside assistance. We believe it is better to be part of a successful venture by sharing what we currently own, as bringing in other expertise and resources will speed the process. This will elevate our Company to new levels by becoming a known supplier to the world of natural resources, both on the open markets and to users of such materials like lithium or barium, which cover the electronics industry, medicine, military and many other industries. Since the scope and direction of our mid-term goals will be highly contingent on the recommendations of our geological team and the scale of the mining projects and joint ventures, if any, we ultimately pursue based on our mining partnerships, it is difficult to estimate the cost to achieve our mid-term goals at this time; however, we expect the cost to be substantial and require significant capital. We expect to fund our mid-term goals with the remaining proceeds of this offering, if any, and additional funding from outside investors, if necessary and to the extent available.

pg. 15

Long-Term Goals

Our long-term goal is to develop different branches to our operations, including building a consulting division which will help other start-up companies looking to break into the mining industry. We feel that once we master the knowledge and experience of building a mining company, we will want to work with others, and thereby become the go-to entity for startups. We believe that, if our business plan is carried out as intended, we will be well positioned to become their initial partners and help these companies attain their goals.

http://ipoalerts.edgar-online.com/fetchFilingFrameset.asp?FilingID=in_9203760&v_ppu=%2Fipo%2FipoOfferFilings%2Easp%3Fcikid%3D866610%26fnid%3D72981%26coname%3DCANWEALTH%2BMINERALS%2BC%2E%2E%2E%26IPO%3D2%26startrec%3D1%26recs%3D25&type=html&mod=ipo