Monday, September 24, 2012

Watch list for Tuesday


 ICBT .0002 This gold/silver stock announced major news and briefly saw .0003 for a 200% move this is a stock that has traded well into .002 range and today announced 8k merger. With inflation rally QE3 this is a stock that could very well see 1000% from these levels 


USG1 Inc., and Canwealth Minerals Corp., update on Merger, 8-K filed by USG1 Inc.
Icbs, Ltd. (PL) (USOTC:ICBT)
Intraday Stock Chart
Today : Tuesday 25 September 2012

Canwealth Minerals Corporation "Canwealth" and majority shareholder, ICBS Ltd., (OTCPK: ICBT), announced today that an Agreement and Merger has been signed with USG1, Inc., and an 8-K has been filed with the SEC by USG1, Inc.
ICBS Ltd., currently owns 70% of Canwealth Minerals Canada. Once the merger is completed, ICBS will own 60.90% of the newly formed company.
At the moment, there is a signed Merger Agreement in place - in effect the conditions to closing, which is the completion of the US audit and the preparation of what is called the Super 8K. 

The Super 8K is a document which must be filed with the SEC which includes the auditedfinancial statements as well as a detailed description of the business of the new entity. Under SEC rules, the Super 8K must be filed with the SEC no later than the 4thbusiness day following the closing. What typically is done is that you close and file the Super 8K essentially simultaneously when you are ready (ie the audit is done, the financial statements are issued and the narrative is ready). These documents have been submitted to the companies attorneys and CPA.
Kimi Royer, CEO of USG1: "We are very excited to be joining forces with Canwealth. We believe their mineral claims represent substantial value for shareholders and we are looking forward to being a part of this exciting opportunity."

Garth McIntosh, CEO of ICBS: "We continue to move forward in the process of getting Canwealth publicly traded.  Canwealth has an enormous future, and we are excited about the progress being made on a daily basis."

  MHYS .0006 The stock is awaiting a name change today a big bid was in and looking at the chart looks like bottom with the name change I expect a move well into .002 range 
 MHYS symbol change MHYSE 26th:   
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=MHYS&OTCBB=OTCBB

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