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Re: StockLearner2011 post# 11557

Friday, 05/20/2011 11:05:31 AM

Friday, May 20, 2011 11:05:31 AM

Post# of 45244
I had my shares here from the time of ICTN. When this stock starated going up in price, I did some quick DD, and my first conclusion ws that this could go up to a dollar or two if the franchising idea was done properly. I originally thought that the dump would be on the franchisees, thus, the investors could profit.

However, as I looked further into this, I came to the realization that this was an old fashion pump and dump, and I got out at .59 the day before it hit the .84.

I would have never put my money in here from the start. (I have investments in several restaurant companies, which I already mentioned here for comparison.) I was lucky to be able to get out when I did in the pump phase. Having seen a lot of people lose money in ventures like this, I am always tempted to warn them.