Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
UpstateChris, Interesting read when you research back to the beginning only first 600 post but interesting, I guess if we just did a search on the first post from IDCN we could get more hope you got Ihub email notification, LOL.
Posted by: aries4747 Member Level Date: Thursday, November 10, 2005 1:26:37 PM
In reply to: analyzethis who wrote msg# 33 Post # of 40903 Send a link via email Share on Facebook Tweet this post
FWIW, here's a little more StockCharter Group info.
Ken Ash and his StockCharter Group are the ones that introduced Prestige to most of the US companies they are currently involved with. http://ragingbull.lycos.com/mboard/memalias.cgi?member=STOCKCHARTER
Love him or hate him, it definitely doesn't pay to ignore him.
Posted by: maninfla Member Level Date: Saturday, November 12, 2005 12:49:57 AM
In reply to: None Post # of 40903 Send a link via email Share on Facebook Tweet this post
Indocan Resources Says Drilling to Commence at Abilene
ADDISON, Texas, Oct 12, 2005 /PRNewswire-FirstCall via COMTEX/ -- Indocan Resources Inc (OTC: IDCN) today announces that Sunray Oil has commenced drilling of the first well at Abilene
[PR of oct 12]
--------------------------
November 9, 2005
The rig scheduled for drilling at the first Abilene well is tied-up fishing out collars lost at 2200 feet on the well it has been drilling for weeks now. It won’t make it to our property in time so Sunray will bring its own rig on site around 18/19 November.
[website update of nov 9]
---------------------------
...i am "curious" as to how a company can PR on oct 12 that it "...has commenced drilling...", yet almost a full month later they inform the public via their website [and not a PR] that not only has drilling NOT "commenced", but a rig is not even on the property???
while this scenario may have been beneficial for the short term "percentage trader" [;)], given the subsequent boost in SP and volume, it must have come as quite the disappointment for "longs" expecting results from the "commenced drilling", as SP has dipped below the oct 12 levels
as to the "capital structure update", while the website statement may be "encouraging", i believe it addressed the AS, not the OS, which given increased volume may have grown dramatically
anyone have a current figure from the TA?
btw, AS were raised from 550M to 1B on july 8, 2005 according to nevada state
Posted by: maninfla Member Level Date: Saturday, November 12, 2005 5:21:26 AM
In reply to: aries4747 who wrote msg# 36 Post # of 40903 Send a link via email Share on Facebook Tweet this post
re: "...Maninfla, are these good companies?..."
you mean, "is this a good stock?", ROTF!
-----------------
one of the things that has always disturbed me with this basket of stocks is the non-disclosure by SCG as to his/their posts on RB [its immaterial that one might discover this fact through more comprehensive DD]
i have argued for months with ken ash regarding this point
and of course there is the advance knowledge [one might say insider information] of any move the company might be anticipating, and positioning oneself accordingly...its just plain very unfair...and quite possibly illegal
-----------------
as has been proven time and again, regardless of [any] companys statements, they will do what they want, when they want, as it best suits insiders and for the continuing existence of the company...after all, isnt that exactly why these "gems" exist?
want an example of another "basket" and this self-survival MO?
"berkshire biotechnology" under paul taylor, et al, "controlled" from england
[note: names, symbols, share structure, etc have "morphed" in the past several months, so this may not be entirely accurate]
stocks in this basket included TLND [telatinos], IPCY [international pharmacy], and ONTC [ontus]
a snipet of ones activity:
http://ragingbull.lycos.com/mboard/boards.cgi?board=TTNJ&read=40433
...and where are they now?
----------------------------
why promote one stock/play, when you can get more "mileage" with a basket and cross promotions?
geez, just remembered another "basket" from years gone by...and another "london investment company" [Langley Park Investments PLC]
QTEK, EKWL, et al [cant recall the others]...and Gabor S. Acs and Penny King Holdings Corp
[btw...also used convertible bonds
]
...recent performance?
Posted by: Gateway_Stocks Member Level Date: Monday, May 01, 2006 1:50:49 PM
In reply to: cobra464 who wrote msg# 71 Post # of 40903 Send a link via email Share on Facebook Tweet this post
IDCN: Indocan Renews With Stock Charter Group
Monday May 1, 12:47 pm ET
VANCOUVER, British Columbia, May 1 /PRNewswire-FirstCall/ -- Indocan Resources Inc (OTC: IDCN - News) today announces that the Company has renewed its Investor Relations Agreement with Stock Charter Group. Stock Charter Group is a full service international investor relations company advising and assisting clients in all facets of investor relations including corporate finance projects. Stock Charter Group's office is located in North Carolina. Stock Charter Group and its principals currently hold a beneficial interest in shares of the Company.
ADVERTISEMENT
Indocan Resources has authorized Stock Charter Group to explore financing sources to expand its exposure in the Texas oil patch, achieve visibility in worldwide markets, maintaining and fostering a new investor base, create a reliable secondary market, and enter into new capital markets. More can be learned about Stock Charter Group at www.stockchartergroup.com.
Stock Charter Group will receive for their services 20,000,000 stock options 10,000,000 exercisable at the price of $0.005 and 10,000,000 at the price of $0.01. The Stock Options will be granted in accordance with the Company's Stock Option Plan and will have vesting provisions attached to it. Stock options will take effect upon the signing of this agreement until the termination of this agreement by either party. This shall be payment for services provided by Stock Charter Group for the next one year. This contract is subject to renewal.
Indocan has oil and gas interests in Texas, Oklahoma, Alberta, British Columbia and Cambodia. More can be learned at www.indocan.com.
Company Info: +1-604-929-7224 Jeffrey R Bruhjell, president
CONTACT: Investor Relations, +1-252-728-2925
Posted by: cobra464 Member Level Date: Monday, May 08, 2006 1:27:55 PM
In reply to: whiteshark576 who wrote msg# 130 Post # of 40903 Send a link via email Share on Facebook Tweet this post
Hey shark. Call Jeff. He answers phone
or call you back.Here
Company Info: +1-604-929-7224 Jeffrey R Bruhjell, president
CONTACT: Investor Relations, +1-252-728-2925
Posted by: VABlue76 Member Level Date: Friday, May 12, 2006 1:26:12 PM
In reply to: Billy9565 who wrote msg# 228 Post # of 40903 Send a link via email Share on Facebook Tweet this post
MMs
are fecking with it. Nothing but buying and they drop it.
Posted by: VABlue76 Member Level Date: Wednesday, May 17, 2006 2:50:32 PM
In reply to: kenbuddy who wrote msg# 340 Post # of 40904 Send a link via email Share on Facebook Tweet this post
This is my main interest in IDCN from the last PR:
"Stock Charter Group will receive for their services 20,000,000 stock options 10,000,000 exercisable at the price of $0.005 and 10,000,000 at the price of $0.01. The Stock Options will be granted in accordance with the Company's Stock Option Plan and will have vesting provisions attached to it. Stock options will take effect upon the signing of this agreement until the termination of this agreement by either party. This shall be payment for services provided by Stock Charter Group for the next one year. This contract is subject to renewal."
Posted by: MonkeyDog Member Level Date: Thursday, May 18, 2006 11:38:12 AM
In reply to: None Post # of 40905 Send a link via email Share on Facebook Tweet this post
IDCN News out ...from RB
Here it is -
Indocan Resources Meets With Stock Charter Group
Thursday May 18, 11:30 am ET
BEAUFORT, N.C., May 18 /PRNewswire-FirstCall/ -- The Board of Directors of Indocan Resources Inc (OTC: IDCN - News) are pleased to announce that the board members and senior executives of the company have been meeting all week with Stock Charter Group in North Carolina. Stock Charter Group and its members have a significant investment interest in Indocan Resources Inc. The Company will soon be announcing investment decisions and funding accomplishments as a result of these definitive meetings.
Stock Charter Group is an advisory firm and introduces funding sources as well as market shaping activities and investor relations. Managing Director Ken Ash said, "IDCN has had a remarkable run of late with record volumes and price rise." Technical Trader Dan Barton said, "IDCN has channeled down on lower volume, a very powerful bullish indicator." "IDCN should turn higher soon based on daily MACD and Slow Stochastic studies and make for new highs," continued Ken Ash.
Indocan has interests in Texas, Oklahoma, British Columbia and Alberta in both crude oil and natural gas production. More information can be learned by visiting our website: www.indocan.com
We seek "Safe Harbor"
Company Info: +1-604-929-7224 Jeffrey R Bruhjell, president
CONTACT: Investor Relations, Ken Ash +1-252-728-2925.
I think the evil smiley face says it all. Again... Great post!
Well now I know who posted it, but wished I would have read it,lol. if you have it in you (ihub email delivery system) could you copy and paste it and post to me, it will probably be deleted but I will get it in my email lol...
Until this company does SOME of the things you have listed it is always going to be a pump and dump.
so many people on here trying to defend them,lol... but you are rite, thats all they ever do,lol...
OH NO DOWN another tick, LOL... 19 million shares traded and down again, lol,,, don't that tell you something, LOL...
I sure do have a link...I did my OWN DD earlier this year...have you?
Yes I did do my own DD, thats why I haven't bought in. as far as the assey report goes;
No I'm talking about this one, that everyone is expecting.
Posted by: NeilPeart Member Level Date: Friday, May 28, 2010 12:13:11 PM
In reply to: None Post # of 40695 Send a link via email Share on Facebook Tweet this post
Just a thought about the ASSAY report.
IF the report was received today (on time in May). the SEC allows 4 business days to get the press release out.
So June 3 is the latest date the report could hit IF DELIVERED ON TIME IN MAY.
If it doesn't hit by June 3, then we have to wait & see.
The gold assays have already been booked and filed with the CANADIAN GOVT.
Do you have a link for that? there has been no PR to verify that.
how will that effect my position
As you can see your, and my post have been deleted, don't know if you got the email notification from Ihub, if so then you will get it, if not then no you probably didn't. Unless you read it before the deletion. I will Pm you at 4 pm with my answer
some times you have to be just as sneaky as they are,lol...
You will be able to buy .0007-.0008 Tuesday after the dump that I think is going to happen before the long weekend!
I disagree, I don't think it will close below .0010, :) but only @ 4:00 PM will we know, too many peeps expecting assay results. but just for chits and giggles lets see. LOL.
Can someone explain this IPO?
I think you know but, just in case you didn't. to go on the big boards you must register to the DOW,NASDAQ,S&P 500, an OTC can not just jump onto the DOW/NASDAQ/S&P 500, they must do an IPO or a reverse merger. They would have to delist on the OTC to file for an IPO or reverse merger.
If that is what you were looking for disregard below.
http://moneycentral.msn.com/quickref/qrsearch.asp?Cat=3&Text=ipo&RefType=0&QAMode=1&QID=356
What is an initial public offering (IPO)?
An initial public offering, or IPO, is a corporation’s first sale of stock to the public. Companies do IPOs to raise capital and to seek a public market for their stock. Two recent high-profile IPOs of note are Google and DreamWorks Animation.
http://www.stocktradingtogo.com/2007/06/22/initial-public-offerings-explained/
Initial Public Offerings, also known as IPOs, occur when private companies raise capital by taking themselves “public” from “private”. They are typically very risky because you never know what will happen on that first day of trading. This article will explain the basics behind IPOs, how they work, and what they mean to you as an online stock trader.
IPO Basics
Here are the basic principles behind a company going “public”, which I will explain in more detail after:
* To go public, a company must first be private, companies like Google, Microsoft, and Apple are all publicly traded companies.
* Every publicly traded company has a stock ticker. When a company decides to have its IPO, it is assigned a stock ticker / symbol to identify it. Google is GOOG, Microsoft is MSFT, Apple is AAPL, etc.
* The reason a company has an IPO in the first place is to raise money, or capital. They do this because they want to expand and grow their business.
Those are the basics points behind Initial Public Offerings (IPOs). The process itself in simple terms goes something like this:
IPO Process
1. Company Blue Shoes (fictional name) is privately held (meaning it is funded with private investors), and has stores in 20 states, but wants to expand nationwide and eventually internationally.
2. Company Blue Shoes decided to have an IPO to raise capital so it can expand its business.
3. Company Blue Shoes goes through the IPO process, and raises $100 million in capital as stock shares which will be traded under symbol BSSS (also fictional).
4. The stock, BSSS, starts trading on May 15th (random date) at an initial stock price of $15 per share.
5. Company Blue Shoes is now a publicly traded company.
There is a lot more that ties into this process, but in a nutshell this is what an Initial Public Offering is and how it works.
Investing in IPOs
IPOs are very risky. We as the general public cannot buy shares until the first day of trading, and on that first day there is a lot of volatility in the stock price. Sometimes the stocks do very well and can shoot up 10, 20, 50, or even 100+ Percent on the first day of trading. Others though don’t fair to well and can actually lose ground on their first day.
Over the first few months you can get an idea of well a company’s IPO went. For example stocks like Mastercard (MA) and Google (GOOG) did very well there first few months and still are growing strongly today. On the other hand you have companies like Vonage (VG) who’s stock price fell sharply its first few months of trading publicly. In the end, any way you look at them IPOs are risky business, and most of the time it is recommended to stay away from trading on IPO day.
do i always have to connect the dots...
yes with a statement like that I would like clarification.
if they are reading this board why would they answer an ambush? that i cannot fathom..
Forgive me frankie, buying at the ask has nothing to do with the question
Your assessment of how the court process works
is very good. I know this because I work for a lawyer, you don't need to tell me.
There's an old saying, take what you want, then leave the rest for who might benefit from it.
Of course everything written in the press releases is fact or you can sue their asses off.
If you know this then why did you say it? sure they can sue you but proving it is the hardest part.
if they are reading this board why would they answer an ambush? that i cannot fathom..
real
Can you elaborate on this statement?
why would they consider this an ambush? they are simple shareholder questions.
Of course, everything written in the press releases is fact or you can sue their asses off.
Well first of all you have to prove that what they PR'ed was a lie, then you have to hope for the money once you get a judgment.
then you have to pay the court cost, albeit minimal, but what about the attorneys fee's not so minimal in fact very expensive, they drag the court proceedings on for so long that, 1) you die waiting, 2) you give up from lack of cooperation.
If you have a question about whether or not something is fact, you need to take it up with the company.
That has already been tried, to no avail.
I have sent two professionally worded emails and left two voice mail messages with my cell phone number
and have not heard a word back. That instills all kinds of confidence.
http://investorshub.advfn.com/board/read_msg.aspx?message_id=50623118
WishingWell31-what does that mean
Short Selling—Borrowing a security from a broker and selling it, with the understanding that it later must be bought back, hopefully at a lower price and returned to the broker. The major danger in "selling short" is that if the price of the stock goes up, you will have to pay more than you sold it for in order to cover your short position.
http://www.calcpa.org/content/consumers/ask/2000/mm.00.40.aspx
Basically an investor is betting the (PPS) Price per share will go down and not up. Pennies can not be shorted by individual investors only licensed brokers/hedge funds.
becoz u added "." after asp xD
I didn't and still don't see that :) this is the link, copied from my browser;
http://macalliance.com/about/index.asp.
Thanks impact, same exact link but the first one wouldn't work.
Yeah, here is the link to Mid-atlantic capital that I believe they are partnering with:
http://macalliance.com/about/index.asp.
Funny, this link doesn't appear to be good anymore. is it me or maybe my computer? or uh?
Well let's see - all I have to go on is my spreadsheet
Not to worry, I have already researched it, I see that it did go to .0058, my apologizes, and thanks for the reply.
If your intentions are the truth, then why are you telling people that IDCN did not reach .003 in 2006?
I'm not/didn't.
Moderator: MOMO Assistants: balamidas, STOCKCHARTER, SIIX, moneysweats, Hardwood;
Have asked that we be civil here on IDCN,
I intend to accommodate them, will you?
If you could reread my post, you will undoubtedly see that I simply asked him a question, as I didn't recall the PPS @.0030
Posted by: cableguy Member Level Date: Sunday, May 23, 2010 10:53:50 AM
In reply to: zohar00 who wrote msg# 24835 Post # of 39300 Send a link via email Share on Facebook Tweet this post
I paid .003 in 2006
Could you be incorrect on the year 2006? just curious, I purchased IDCN in 2006 also but I don't ever remember in @.0030
I paid .003 in 2006
Could you be incorrect on the year 2006? just curious, I purchased IDCN in 2006 also but I don't ever remember in @.0030
Posted by: zohar00 Member Level Date: Tuesday, March 16, 2010 8:06:50 PM
In reply to: cddilo who wrote msg# 24817 Post # of 39293 Send a link via email Share on Facebook Tweet this post
Not exactly, I paid .003 in 2006 and then a year later bought a bunch at .0007. Anyway not looking for sympathy.
Ya dat 'B' fur reel! yo. don'd it?
That could be as I liquidated 22.5 million that day and my last 10 million the next morning. Watching the stock trade looked exactly like massive dilution mixed in with normal selling. I sold when I saw it peek at 11. I got 12 for all my holdings and lost a ton. I'm not happy about how this company and its affiliate group has handled this situation
We need more investors to STAND up and proclaim their disdain
How many shares of IDCN do you own?
In 2006 I owned 2,000,000,000 shares. the PPS went from .0006 to .0008 then the PPS started to plummet. it skipped .0007 and went directly to .0006 I sold directly after that. I own '0' now and I won't buy a 1 again.
why am I hear to show the newbies that there is manipulation going on here. that's why, why do you want me to leave, I will leave when I think I have accomplished my mission.
There is absolutely no DILUTION.
Are you an insider, do you work for the company in any capacity? Are you a consultant?
Stock charter group is buying only.
How would you know this information if you were not an Officer of the company?
level 2's and or consultants don't even have that privileged information.
I am extremely curious as to how you will answer these questions,oh and don't forget to answer livinginstyle's questions
Posted by: livinginstyle Date: Thursday, May 20, 2010 11:44:50 PM
In reply to: STOCKCHARTER who wrote msg# 38868 Post # of 38877
Every time you do a technical update, the stock dives some more.
As far as dilution is concerned, have the company ungag the TA so that statement can be substantiated otherwise it is just here-say.
however I do expect like last time in that we have to wait about 3 years again before we see another bounce.
And in the meantime the company has diluted what lets say just for chits and giggles 1,000,000,000 shares, the longs have had enough, they decide to pull out at a MAJOR loss, and then in another year the company decides to do a MAJOR reverse split.
the so called longs have lost basically all their investment, I don't know if anyone has told you or not but that's not the way it's suppose to work, this is just basic Stock101, people invest in the stock market so that they and everyone else can profit, yes even the ones that buy in high, hoping either for the PPS to go higher or a forward stock split.
I will have the patience again.
well that's very commendable of you however others don't.
SIIX
SCG said they added roughly 100m shares up in the 0017 area. And i would be willing to bet they have added more down here.
So it's true then they have been diluting shares into the float. And no one here wants to admit it. humm.
We have investors claiming to be "long and strong" bailing after 2 months..thats what is "such a shame".
So lets see, they buy in at .0015 to .0030 and they see the best news come out that Indocan has published for quit sometime, the share price begins to plummet, and they are expected to stay?
Fearing that dilution is upon them as you have stated, they figure hey, the company is chitting all over ME why should I stay and let them keep MY hard earned money? Is that rite?
Takes a lot of work to run the printing press
No more than a days work for them, the payoff always has and always will be phenomenal !!!
Well a phone call will be placed in the morning then as well. I suggest others to do the same if they want, or care.
I would STRONGLY advise that, if they are gagged then another major red flag!!
Hope you get a response! They completely ignored me the last time I tried.
That should be a MAJOR RED FLAG!!!
Well I can't say you're bashing to try and bring the price down. This turd is doing it just fine on its own.
Sorry to say, but you are correct. I was new once, not here, but I learned the hard way, just as most here do.
It's not dilution...it's called liquidation!
sorry to say, but you can call it what ever you want, they are still adding shares,
Therefore pulverizing the PPS.
Its a known fact in the pennies a lot of new investors don't know it, especially to the degree that they do it. but I'll lay a nickel to a donut they still aren't done. Friday will be another down day. and the way these pennies work it will be awhile before news comes out again. and when it does they will most likely dilute/liquidate again.
If you lost money, I'm truly sorry to hear that, but I tried to tell people, and no one listened. I know it's a hard request, but have a nice day 'Alamo_on_the_rise'
the wall should be .0008 200MA..... longs need to start hitting the ask price together......cause they dont want this to fall below the the 200 ma
Well your a RICHBOY! why don't you just buy the float then this thing MIGHT just move up a bit, ura, ura ok, no it won't there still diluting...
.0009, OMG, you've got to be kidding me, I thought you guys said we were going to fill the gap and go up to .0014-18 what happened cry,cry,cry, what am I going to do now, cry,cry,cry, I'm lost, bewildered, stumped, how am I going to tell the wifey that its a roast??
I know I'll tell her that I never bought in, sniffle, sniffle, sniffle, she'll believe that, won't she? or will she? I don't know but I gotta do something, hey MOMO can you lend me a 'C' note to cover, I mean you've been telling everyone this thing is a slam dunk, a given, everyone believed you... I mean cause she's going to be pizzed, I mean really pizzed, OMG what am I going to do??? I thought you knew better than that, you've been here for like forever...sniffle, cry, groan...
so check back with me some time next week to see if my instincts for another momo pop are spot on glty
I will do that, we will see. GLTA, but I doubt it.
Load 'em lock 'em and prepare to ROCK 'em...all signs are pointing towards another ride on the chugga-chugga choo-choo train next week folks;)
Next week, for real, say it ain't so, you gots to be kidding me!! and all the rest here of course....
Imagine? People getting worried over the potential of 700M measly shares (Since October 2009)
700 mil measly shares, LOL.. the PPS doesn't reflect it as measly, LOL.
How foolish.
Yes it was foolish to do that, look what has happened with the PPS,
other than me we still have many skeptical observers.
How long have you own the shares you feel your stuck with.
I don't own any of these diluted shares, and I won't, I just want other newbies to know that there are unscrupulous individuals out there that want to sell them these worthless/diluted POS, shares JMHO. of course.
you sold and did not make bank? yer kidding me...
No I'm not, but tell me who made bank yesterday? nobody.
people can't make bank when there's MM manipulation & dilutation, didn't they tell you that in stock 101?
you must have bought high or lost money here to be bashing a stock at 11pm while the lakers vs suns game 2 is on???????????
No, I bought in at .0006 and sold at .0006, but the real funny thing was that is that the pps went up to .0008 and started going down again, it just completley skipped .0007 and went to .0006 so I was dumbfounded and immediately sold. I broke even luckily, but I learned.
"B" ball I don't watch,play that.
Because I use Scottrade & when I tried filling IDCN today, it told me to contact my branch office. When I called, I was told that IDCN is a stock that Scottrade doesn't trade.
there's a reason for that, believe me you will look back and be glad you didn't.
if you sold and made all that bank why are you hanging around?
No that's the thing, I didn't make bank as a matter of fact the company made bank then just as they did yesterday,
in case it runs again?.. there might be a chance? is that what i am sensing?
No I don't think this stock will ever get to .0031 again, as I said the charts show more & more volume each run but with less & less PPS, people would not have sold on that news, especially @ .0018 I believe they were diluting and they will R/S the stock when the float gets too high.
I saw the news before the open and said, damn that's good news they aught to do good, I watched with anticipation but it proved the same old thing, manipulation.