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woody85

09/01/14 7:30 PM

#48435 RE: @realToothFairy #48432

Still wondering why that matters ICBS does not need to trade in Canada
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wadirum1

09/01/14 9:46 PM

#48441 RE: @realToothFairy #48432

That sucks for those living in Canada who can't buy ICBT -- because I believe this one is about to get very, very interesting.

Folks are posting that FINRA hasn't approved anything yet. The most important word in that sentence is the last one.

$ICBT owns 35M shares of a stock that might IPO at $1. If indeed that happens, then ICBT's position is worth $35M. This ain't rocket science.

If ICBT owns $35M worth of Canwealth shares, then ICBT will be worth 1.4c/share. So, a lot is hanging on that news. I've got my tickets to the dance.