Wednesday, July 30, 2014 4:53:56 PM
Instead of holding a shareholder meeting or proxy vote, Ken Ash took charge of the company, appointing himself President of the corporation without a vote and proceeded to take his own actions.
He changed the name twice and allowed at least two improper promotional campaigns when the company had never submitted any financial documents and was considered a "no information" pink sheet company for its entire life.
Ken Ash had been in charge of IDCN for several weeks before it was suspended by the SEC (since early March 2012, a couple of weeks before he even announced his appointment).
He did not do what the Wyoming court ordered but simply took charge.
Yes, Jeffrey Bruhjell, along with Ken Ash, should be considered culpable in the long-running IDCN scam, which Ash actively promoted for years.
However, IMO, the eventual demise of IDCN should be blamed on Ken Ash who did not follow through in complying with the Wyoming court order and the stock was suspended on 5/24/12.
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM