Diligence memo · auto-generated · as of July 2, 2026
Cbm Asia Development Corp
Cbm Asia Development Corp looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Cbm Asia Development Corp operates in Coal Mining, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Cbm Asia Development Corp has raised $2.3M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.3M on 2012-06-05.
Most recent recorded round closed around 2012-06-05.
Valuation (modeled)modeled
Provath models Cbm Asia Development Corp at approximately $11M (range $2.0M–$84M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.82× the median modeled value of Seed Coal Mining companies in 2010–2012 (8 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 14.1 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 30% of Coal Mining peers (76 compared).
Modeled value ranks above 39% of those peers.
Closest niche peers: Colonial Coal International Corp., Lysander Minerals Corp, Mericol, Inc., NovaDx Ventures Corp., Borneo Resource Investments Ltd..
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.