More ICBS /ICBT Research, where the past, present, and future come together & paint a picture.
Drummond125, say what you will, to support whatever position you are taking on this, but do not accuse me of not presenting facts and legitimate DD! Can you tell me what stock they bought back or the purpose of the News Release? Also,where I might go to find the Canadian and Chinese Breweries? Will one of thier three planes get me there?
.. How about this gem from ICBT's July 24,2007 11:43 am ET...
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Press Release Source: Inter Canadian Business Service
ICBS Board of Directors to initiate a stock buy back programTuesday July 24, 11:43 am ET
NEW YORK and MONTREAL, July 24 /PRNewswire-FirstCall/ - ICBS Limited (ICBS) (Pink Sheets :ICBM - News) a business development and finacial management firm located in New York and Montreal, today announced plans to initate a stock buy back program.
In a directors meeting held in Montreal on July 23, 2007, the board of directors of ICBS voted unamonoulsly to initiate a stock buy back program. This move was made due to what the Board's Chairman Dr. George Tsoukas called a undervaluation of the companies stock.'We feel the stock has been long undervalued by the market place considering the progress we have made in the last 12 months on aquiring interest in opportunities in selective high-growth companies to create value for our shareholders, said Garth McIntosh, President & CEO
About ICBS Limited.
ICBS Limited is an investment and business development company that currently owns positions or Joint Ventures in the following companies;
ADNST Communications Ltd. www.adnstcom.com
Ramapo Valley Brewery Ltd., www.rvbrewery.com
Ramapo Valley Brewery ( Canada ) Ltd.
Northern Lights Airlines Ltd. www.northernlightsairlines.com
Canadian Bio Med Systems Inc. www.canadianbiomed.com
You can visit ICBS at; www.icbs.ca
NB. This news release includes statements that constitute forward-looking statements. Please be aware that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of any number of factors, including the risk factors contained in the Company's disclosure documents.