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Locan, Inc. (fka LOCN)

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Last Post: 2/2/2016 9:35:02 AM - Followers: 179 - Board type: Free - Posts Today: 0

LOCAN, INC.

414 SE Washington Blvd #  112

Bartlesville, OK 74006

(918)-336-1773


 

 

From filings: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7521206

 

These are some amazing developments for LOCN! And a company doesn't undergo all of these things so quickly just for nothing.



  nodummy Member Level
Saturday, July 23, 2011 2:25:32 PM
Re: pennypincher156 post# 17617  
 
Post # of 19354 
The CEO is listed as owning 0 shares because he has never owned any shares.

According to the filings the CEO, Robert Long, only devotes around 40 hours per month working at the CEO. That's less than 10 hours per week.

He is not compensated with shares (at least he never has been so far).

Here is a copy of that as well as a copy of the beneficial owners list from the 10K for the period ending March 31, 2011:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8006679






If you go back and look at previous filings they also show no share ownership by Robert Long ever at any time:

10K for period ending March 31, 2010:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7521186

10K for period ending March 31, 2009:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7521177

I think technically Robert Long should have done a Form 3 filing right away after he was assigned the position as the president/director. Not sure why none was ever filed.


This poster said pretty much the same stuff about the Form 5 filing not being an indication of a possible R/M:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65384987

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65385397



If you are waiting for a Form 4 filing showing the exchange of shares that might indicate a R/M being in progress you would have to look for a Form 4 filing done by Professional Traders Fund, LLC, the beneficial owner of 62.38% of the outstanding shares, selling their shares to somebody else.

Professional Traders Fund, LLC is a business entity managed by Marc Swickle and Howard Berger.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58608467

Professional Traders Fund, LLC obtained those shares in March of 2008, when 133,041,120 common shares were issued to the shareholders of the former parent company of the shell, Roadhouse, Inc. as part of a "reorganization plan".







 

 

 


 

 

 

T/A CONFIRMED SHARE STRUCTURE

as of 11-01-2010

A/S - 500mil

O/S - 133,411,200

FLOAT - 10,108,462

 


this is a clean reporting shell that has great potential its low float tells us this will run very hard when the right merger candidate does come...

 

Locan, Inc.

414 SE Washington BLVD 112
Bartlesville, Oklahoma 74006

Phone: 800-756-7085        
Fax: 918-336-3152


OTC Market Tier

State Of Incorporation: DE
Jurisdiction Of Incorporation: United States
Year Of Incorporation: 2008
Company Officers: Ronald Long, Dir.

 

Reporting Standard

U.S. Registered & Reporting: SEC Filer

Legal Counsel
Heskett & Heskett
501 S. Johnstone Ave
Suite 501
Bartlesville, OK 74003

 


 


 

 

               

 

PostSubject
#20370   LOCN revoked: Renee 02/02/16 09:35:01 AM
#20369   LOCN SEC Suspension for Financials / Filings delinquencies: Renee 10/30/15 09:33:17 AM
#20368   Is it soup yet... broncoholic 10/30/15 08:24:47 AM
#20367   Newtogame Wednesday, 11/05/14 12:20:32 PM Newtogame 10/12/15 12:20:12 PM
#20366   You are correct---and LOCN hasn't had this kind Newtogame 10/12/15 12:14:43 PM
#20365   She's thin and someone is grabbing this today TraderTrisha 10/12/15 11:51:50 AM
#20364   I wish. Such a small nip just pl1ght 05/14/15 09:08:06 PM
#20363   Its Alive!..something brewing. Overall Average: 56% Buy on http://www.barchart.c brony 05/14/15 01:53:37 PM
#20362   Life or ... Michi 1968 03/05/15 10:15:41 AM
#20361   LOCN is severely delinquent in filing their Financials Renee 02/22/15 10:44:18 AM
#20360   It's not dead, a small buyer just showed up! jcrew 01/09/15 12:18:06 PM
#20359   400k :) Michi 1968 01/06/15 04:45:29 AM
#20358   I said id ride this all the way pl1ght 11/30/14 10:00:42 AM
#20357   This Current Report on Form 8-K is being Newtogame 11/05/14 12:20:32 PM
#20356   SECfilings.com LOCN 8K michaeldouglas 10/31/14 04:32:20 PM
#20355   ASK 1,2700 Dollar lol Michi 1968 10/30/14 08:50:31 AM
#20354   Has anyone tried contacting the ceo recently? davant 10/27/14 04:19:05 PM
#20353   we woke up whats going on garyev 10/27/14 03:19:22 PM
#20352   tick tock Michi 1968 10/27/14 02:12:02 PM
#20351   Fake Company or .....!? Michi 1968 10/17/14 09:47:26 AM
#20350   It looks like we have a slight heart beat... bdr 09/28/14 11:41:52 PM
#20349   I TOLD YOU TO NEVER BOTHER ME WHEN Newtogame 07/15/14 04:36:37 PM
#20348   This used to be kept up regularly Objective1 07/08/14 02:16:16 PM
#20347   Yeah LOCN is getting very risky now that michaeldouglas 06/20/14 10:30:54 PM
#20346   Hey Heskit....throw us a bone here! Objective1 06/20/14 10:10:18 AM
#20345   Wake up sleeping beauty !! Newtogame 06/06/14 12:25:10 PM
#20344   No problem just had a shell open up ID Supermoney 04/16/14 05:36:59 PM
#20343   I'm beginning to think they forgot they had Newtogame 04/16/14 04:40:06 PM
#20341   Or NOT!.........lol Objective1 04/07/14 05:02:06 PM
#20340   This may be fixing to have some activity Objective1 03/28/14 04:23:38 PM
#20339   Still sleeping I see Newtogame 03/18/14 01:01:29 PM
#20338   fwiw, ADCS is moving, held that turd for parrot head 03/06/14 12:24:55 PM
#20337   This pos will never move, I think I'm Blue Sky Basin 02/21/14 10:57:46 PM
#20336   I wouldn't watch this one. If it happens michaeldouglas 02/21/14 03:17:41 PM
#20335   Shell what this!??? Michi 1968 02/20/14 08:48:21 AM
#20334   Maybe they forgot that they own a shell??? Newtogame 02/20/14 08:28:29 AM
#20333   Yes Put no signs for life!!??long Time waith Michi 1968 02/12/14 03:49:50 AM
#20332   Not for some time now Objective1 02/11/14 02:30:22 PM
#20331   does anyone still working heskey for us?? Michi 1968 02/11/14 11:17:44 AM
#20330   Activity does show some interest...Hope something happens here soon! Objective1 02/06/14 04:11:41 PM
#20329   Painting the ask at .039 does not help. michaeldouglas 02/06/14 11:25:21 AM
#20328   Sure would be nice if someone knocked hell Newtogame 01/28/14 09:28:14 AM
#20326   http://www.barchart.com/opinions/stocks/LOCN gooo Michi 1968 01/27/14 10:13:25 PM
#20325   This Year Locan merger Hope !! Gooooo Michi 1968 01/27/14 05:08:47 PM
#20324   Might be trying to get people to turn Objective1 01/27/14 04:01:57 PM
#20323   Just a little bit higher to get my j0nb 01/27/14 01:13:32 PM
#20322   BOOM ...eh! Objective1 01/27/14 12:31:06 PM
#20321   ASK o.04 Hmm Kabooomm in .....Time ??? Michi 1968 01/27/14 10:34:28 AM
#20320   no new filings today or this past week michaeldouglas 01/24/14 08:33:04 PM
#20319   Saw that too garyev 01/24/14 04:58:35 PM
PostSubject