3SOF

Low floater, only 38mil on the O/S, 24 restricted, 10mil on the float from what the company told me today..

ICBS acquires 50% interest in Northern Lights Airlines Ltd.

MONTREAL, Canada, New York, NY, March 12, 2007 /PRNewswire-FirstCall via COMTEX/ -- ICBS Limited (ICBS) (Pink Sheets :ICBM) a business development , and management firm located in Montreal, Quebec, Canada, announced today that it has acquired 50% ownership of Northern Lights Airlines Ltd.
Northern Lights Airlines, Ltd. ("Northern Lights") is a new international charter airline in its formative stage undertaken in collaboration with ICBS and other partners. Northern Lights is being organized to exploit a gap in the long-haul international travel market that exists in low cost, high comfort and high quality service originating in Montreal & Toronto, Canada. We have seen a robust turnaround in the Aviation Industry in the post-9/11 period with a rapid increase in revenue passenger miles traveled. WestJet, SkyServices, Zoom and Air Transat (all Low Cost carriers - "LCCs") have grown and prospered during this period, while Air Canada has sought bankruptcy protection and Canadian Airlines has ceased operations entirely. While SkyServices, Zoom, and Air Transat have been making healthy gains in the international holiday market, the market is still underserved. The gap in the availability of low cost international service to and from Canada, coupled with high demand for passenger travel on selected routes from Montreal and Toronto, indicates that a new entrant airline is well positioned to capture a significant portion of current air travel business in that market.

Northern Lights International Airlines, Ltd. intends to fill that gap and revolutionalize charter travel across the Atlantic with standard-setting service levels that restore respect to passengers.

"ICBS was approached to bring their strategic business and management skills to the airlines project. We were very impressed with the level of expertise behind the airline" said Garth McIntosh, President & CEO of ICBS. " We saw this as an opportunity that would greatly impact the acquisition program at ICBS."

Northern Lights is expected to have its inaugural international flight in October of 2007.

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.

Chart shows 3.00 last yr! I think the float is about the same from then.

Chart >

http://bigcharts.marketwatch.com/charts/big.chart?symb=icbm&compidx=aaaaa

Justa

Gap closing up, nice volume, lets see this get back to it was a yr ago >

TRADE DATA Last Sale: 0.020
Change: +0.005

Percent Change: +33.3333
Tick: Up
Daily High: 0.020 Daily Low: 0.014

Opening Price: 0.014 Volume: 124,999
>>>>>>>> Annual High: 3.00 <<<<<<<<
Annual Low: 0.010
Dividend: 0.00 Earnings/Share: -0.35
Previous Close: 0.015 P/E ratio: N/A
Yield: 0.00

ICBM news >

ICBS Opens offices in New York

MONTREAL and NEW YORK, March 22, 2007 /PRNewswire-FirstCall via COMTEX/ -- ICBS Limited (ICBS) (Pink Sheets :ICBM) a business development, and financial management firm located in Montreal, Quebec, Canada, announced today that it has opened an office in New York.
ICBS's President and CEO Garth McIntosh announced to day that the company has opened an office located at 16 Chestnut Street, in Suffern New York, thirty minutes outside of Manhattan.

The move was in direct response to the companies expanding business in the U.S. which is seen as the focal point in ICBS's acquisition program. The company has full ownership of Ramapo Valley Brewery which is located minutes from its new office. The acquisition this past months of DNA GO JI Distributions, manufacturers of a high potency health juice, which is manufactured in Brooklyn New York, have made the move to the U.S. a priority.

The company is currently targeting new opportunities in the U.S. and the New York office is expected to play a major part in the companies ongoing strategy.

The company also announced its intentions to move the company's registered state from Washington, to Delaware in the immediate future.

"We believe the move to the state of Delaware to be more of an advantage to ICBS future. Delaware is more business oriented and will offer the company additional opportunities", said McIntosh. "As to our new offices in New York, we are very excited about the move which will allow us to aggressively implement our acquisition strategy.

You can visit them 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

ICBS Limited, Board of Directors Approves a 10% Stock Dividend; Majority Shareholders and Officers Waive Rights to Receive the Dividend
Monday March 26, 9:35 am ET


NEW YORK, NY, and MONTREAL, QC, March 26 /PRNewswire-FirstCall/ - ICBS Limited (ICBS) (Pink Sheets :ICBM - News) a business development and management firm located in New York and Canada, Today announced that it has declared a 10% stock dividend to shareholders of record at the close of business on April 15, 2007. Majority shareholders and Officers will not receive the dividend. The waiver reflects the desire of both majority shareholders and ICBS Ltd officers to reward only the minority shareholders.
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"We felt the loyalty and support from our stockholders should be rewarded", said Garth McIntosh, President and CEO, "We wanted to say thank you in the best way we knew how".

The company also agreed that its share structure will be updated on the company's website and pinksheets.com to reflect the current outstanding common share structure of 56,690,333, Restricted Shares and the Public Float of 42,455,780 .

Shareholders will not be required to take any action in order to receive the stock dividend. After the payment date, shareholders will be sent a certificate for the additional shares representing the stock dividend. If the shares are held in a brokerage account in the name of your broker, the additional shares will be sent directly to your broker on your behalf. All other certificates will be mailed to shareholders at the address the transfer agent has on file. The stock dividend will be administered by Capital Transfer Agency Inc., Toronto, ON M5H 2Y, the company's transfer agent.

The stock dividend is subject to applicable Federal and State securities laws. Shareholders are encouraged to consult their professional advisors regarding the tax implications of the stock dividend.

Press Release Source: Inter Canadian Business Service


ADNST Communications Ltd., and its partner ICBS announces the development of prototype for the Kingdom of Saudi Arabia
Tuesday March 27, 9:27 am ET


NEW YORK, NY and MONTREAL, QC, March 27 /PRNewswire-FirstCall/ - ICBS Limited (ICBS) (Pink Sheets ICBM) a business development and management firm located in New York and Montreal, announced today that it has received confirmation from the Saudi Arabian Mining Company for its noise elimination technology.
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In a letter dated February 5, 2007 from the Saudi Arabian Mining Company a Saudi government owned joint stock corporation, expressed their extreme interest in the "noise Elimination" technology developed and patented by ADNST Communications.

The letter signed by Ayman A. Salamah, Director of Safety for the Saudi Mining Company, stated that they are extremely interested in ADNST's development of a prototype for their mining industry.

The letter further stated that upon the successful completion and testing of ADNST's prototype, the Saudi Mining Company would issue ADNST a "Letter of Commitment" for the application of ADNST's Noise Elimination technology.

"This is a major step forward for ADNST and ICBS" said Garth McIntosh, President and CEO of ICBS, "We are just beginning to see the first of many potential applications for the noise elimination technology developed by ADNST".

McIntosh further stated that, "This prototype could lead to the company's objective of global sales of millions of dollars". The company is expecting to license its technology to the various industries which it estimates could represent sales in excess of $338 million dollars within the first 5 years.

"Mr. McIntosh continued to state that every high risk industry that depends on communications as a life line is a potential customer, as it is my belief that this type of technology is literally a life saving and safety requirement."

About ADNST Communications:

ADNST (Advanced Digital Noise Suppression Technology) is a technology innovation and development company that eliminates both background noise and voice echo from communication systems to enhance the quality of voice signals in noisy environments. As a result, the clarity of the conversation is significantly improved.

With thorough understanding of the challenges involved in background noise removal and technology expertise, our endeavor is to deliver state-of-the-art solutions that go beyond existing standards.

ADNST's highly sophisticated system for background noise elimination combines a noise reduction algorithm along with an echo cancellation algorithm running on a DSP device. It can be integrated in any communication product to solve voice quality and performance degradation issues, regardless of hardware, audio interface, operating system or speech recognition applications. Furthermore, with stability that has been proven even in closed-environments, our noise canceller can be an ideal choice for the industries to promote work safety where the level of noise is detrimental and speech accuracy essential.

ADNST is a high-tech company applying its intellectual property toward developing scientifically superior products for the world of digital signal processing.


You can visit them at; www.adnstcom.com

About ICBS Limited.

ICBS Limited is an investment and business development company that currently owns positions or Joint Ventures in the following companies;


49% ownership ADNST Communications Ltd.
www.adnstcom.com

100%, ownership position in Ramapo Valley Brewery Ltd., www.rvbrewery.com

40%, ownership of DNA Distribution Inc. www.dnagojiplus.com

50%, ownership, of Northern Lights Airlines Ltd.

75% Ownership of 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.




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Source: Inter Canadian Business Service

ICBS Limited, due to a processing error inadvertently set the shareholders of record date for March 26, 2007 to be paid on April 15, 2007. To correct this error the company declares another 10% dividend for shareholders of record as of April 21, 2007.

NEW YORK, NY, MONTREAL, QC, March 28, 2007 /PRNewswire-FirstCall via COMTEX/ -- ICBS Limited (ICBS) (Pink Sheets :ICBM) a business development and management firm located in New York and Montreal, Today announced that due to an administrative processing error inadvertently set the shareholders of record date for March 26, 2007 declaring a 10% stock dividend to common shareholders payable April 15, 2007 . Majority shareholders and Officers would not receive the dividend. Those dividends will be paid as scheduled.
To correct the administrative error the company is announcing another 10% stock dividend for shareholders of record on April 21, 2007 and payable May 15, 2007 and will also exclude all Majority Shareholders and Officers.

"We apologize to all of our investors for this error", said Garth McIntosh, President and CEO, "We are extending the 10% stock dividend date to allow investors to take advantage of this dividend, which will be payable to shareholders of record on April 21, 2007 , with a delivery date on or before May 15, 2007

Shareholders will not be required to take any action in order to receive the stock dividend. After the payment date, shareholders will be sent a certificate for the additional shares representing the stock dividend. If the shares are held in a brokerage account in the name of your broker, the additional shares will be sent directly to your broker on your behalf. All other certificates will be mailed to shareholders at the address the transfer agent has on file. The stock dividend will be administered by Capital Transfer Agency Inc., Toronto, ON M5H 2Y, the company's transfer agent.

The stock dividend is subject to applicable Federal and State securities laws. Shareholders are encouraged to consult their professional advisors regarding the tax implications of the stock dividend.

About ICBS Limited.

ICBS Limited is an investment and business development company that currently owns positions or Joint Ventures in the following companies;



    Joint Venture Partnership with ADNST Communications Ltd. www.adnstcom.com

    100%, ownership position in Ramapo Valley Brewery Ltd., www.rvbrewery.com

    40%, ownership of DNA Distribution Inc. www.dnagojiplus.com

    50%, ownership of Northern Lights Airlines Ltd.

    75% Ownership of 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.
SOURCE Inter Canadian Business Service



CONTACT:          Garth McIntosh, President & CEO, (888) 932-4402, www.icbs.ca; SOURCE: ICBS
                  Limited