3SOF

Public 3SOF Boards => Penny Stock Picking => Topic started by: relaxed137 on January 28, 2009, 01:57:43 AM

Title: ICBU.PK
Post by: relaxed137 on January 28, 2009, 01:57:43 AM
ICBU - International Coastal Bio-Fuels

This is pure speculation.  A couple of folks indicate that a large-ish medical company will Reverse Merge into the shell of an old bio-diesel company.

It's currently trading around .003 - The float is real low with most of it held in the company and hands of some solid 'hold for a nickel' types.  Maybe 20M total available.

700M shares in the A/S
200M shares issued
most of those shares held by the CEO

Its believed that 40M-50M are freely trading with 30-35M accounted for with large investors.

PR Supposed to be out by First of February.