Indocan Resources Inc. (IDCN)

[UpstateChris]

Ken - There is a small problem with that post. Well, more than one, but one blatantly obvious one that simply cannot be ignored. I can honestly say that I do not know which party was being dishonest in this situation BUT...

StockCharterGroup has posted numerous times that there was in place a WRITTEN, EXECUTED NO-DILUTION contract. JRB as CEO of IDCN not only diluted, but went dilution crazy with a double AND a move to another state to hide the fact as well as chose a state in which there is no share limit.

This is undeniable fact. It cannot be questioned. It cannot be explained away. It happened. It has been reported. It is on Pink Sheets. No one is stating that it is inaccurate. Period.

So what exactly is his response to this dilution that he apparently had a legally binding contract with you stating that he would not dilute, as well as apparently a number of conversations/emails with you stating that there were no changes to the S/S?

Its one thing for a pink sheet to dilute - no shocker there. However, the statements that there was no dilution and that this was backed up by a contract is an issue. That is not a forward looking statement - that is a statement that cannot be protected by a simple Safe Harbor disclaimer.


Now, if you want to stick with official PR's only - how about the one that Hockey Stick assay was done, mining is under way, drilling in PA has started and revenues will be realized in June - to later find out that none of that is true. How is that not "fake or misleading prs" to use your words?