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Dark9999

08/17/12 8:27 AM

#28590 RE: Chaebol #28589

USG1. Worthless as is the no bid ICBT. "Current assets consisted of cash of $621 as of June 30, 2012. We will be reliant upon additional paid-in capital from shareholders, shareholder loans, private placements or public offerings of equity to fund our operations. We have secured no sources of loans. We had negative cash flow from operations and no revenues during the six months ended June 30, 2012." "Net cash provided by financing activities during the six months ended June 30, 2012 was $3,100, mainly due to additional paid-in capital contributed by our major shareholder, Ms. Kimi Royer, who is also the Chairman and Chief Executive Officer of the Company."

"No shares were sold during the six months ended June 30, 2012."

Right off the 10Q. Kimi is financing her own operation because she has no income, R/M so what, no one will look at this except the dreamers who think this will make them rich!





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otterman

08/17/12 1:01 PM

#28593 RE: Chaebol #28589

Dont forget to divide any income by the 1.3BB outstanding shares here.
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drummond125

08/19/12 8:02 PM

#28612 RE: Chaebol #28589

Your right. The RM has a lot of value since it will allow Canwealth to become a fully reporting company on the OTCBB.
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johnnycomelately9

08/20/12 5:18 AM

#28613 RE: Chaebol #28589

Canwealth pays 50,000 to USG1 for the trading symbol (clean and legit) and Dark6666 chooses to judge ICBT (70% owner) based on their present Market Cap (139,379). When I look at the Market Cap I see it going up!

"Canwealth shall pay $50,000 in the aggregate to the participating stockholders of USG1. Upon the merger becoming effective, the current officers and directors of USG1 will resign and new officers and directors will be appointed."