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"Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders[color=red][/color]."
So how do they know that insiders are driving this down?? If so, then we certainly know who the seller has been and he is then a confirmed LIAR!
IMO
-Matt
Craig thanks for the information. I was just looking for information pertaining to how things Must be done vs. how they should be done. As we all know, life in the PINKS sometimes does not play by the rules.
I have been tricked in the past and burnt a few times by even the most seemingly valid companies and owners. I really do not think these guys are that way, but one can never know.
-Matt
Craig thanks for the information. I was just looking for information pertaining to how things Must be done vs. how they should be done. As we all know, life in the PINKS sometimes does not play by the rules.
I have been tricked in the past and burnt a few times by even the most seemingly valid companies and owners. I really do not think these guys are that way, but one can never know.
-Matt
Craig thanks for the information. I was just looking for information pertaining to how things Must be done vs. how they should be done. As we all know, life in the PINKS sometimes does not play by the rules.
I have been tricked in the past and burnt a few times by even the most seemingly valid companies and owners. I really do not think these guys are that way, but one can never know.
-Matt
Craig thanks for the information. I was just looking for information pertaining to how things Must be done vs. how they should be done. As we all know, life in the PINKS sometimes does not play by the rules.
I have been tricked in the past and burnt a few times by even the most seemingly valid companies and owners.
-Matt
Question for you and the board... since IDGI is "not required to file financials", did not keep the business license registered, and are failing to perform various other aspects of being a publicly traded company...
Are they indeed required to file a Form when they sell shares? If they don't have to do the rest of SEC obligations why would they be required to file when selling or buying shares?
Also, when Evan converted his loans into shares of the company, it was filed in October of 2010, but everything inside the filing references 2007. So did the conversion of debt to shares occur in 2007 and the filing in October of 2010 just let us know that or did the actual conversion occur in 2010? I am referring to Schedule 13D filed on October 14, 2010.
Also in that filing there are references to numerous loans. Have they all been converted or are there more to be converted?
Basically,
A. Are they indeed required, meaning there is NO way they can sell shares without filing. Or can they actually sell without filing the form and then 3 years later TELL US
B. Are there any existing loans yet to be converted?
-Matt
I wish the seller or sellers would either get it done and dump out or fess up and let us know how much more pain we need to endure before they are done!! There must be at least one seller if not more, and I am still not 100% convinced that Evan is not one of the sellers.
IMO
-Matt
That was our PR... did you miss it?!?! I can guess Evan just told Gary "Check out this new website selling our product, post this on the board and make those guys happy"
This is the norm, nothing new here.
IMO
-Matt
Maybe just maybe!! Probably not, but Maybe!!
-Matt
There seems to be a certain large shareholder missing all week. Wonder where that person is and if he is still holding all his shares??
Hmmm
Think, think, think
-Matt
So are we going to have another EOD DUMP like yesterday?? Hold on tight!
BLAHHHHH
-Matt
Craig,
Saw your message after I posted that... Truce.
This certainly has nothing to do with either of us. I appreciate everything you have done for us here. I am b1tching at certainly the wrong person.
Apologies.
-Matt
Craig,
Did you read the link? ANY information that is provided privately could be considered inside information.
To be honest, I don't want to call them nor should I have to!! They need to communicate with Investors like ANY OTHER PUBLICLY TRADED COMPANY DOES.
I certainly don't want to be the select FEW with contact with the company. Kill the messenger is always an issue and potential SEC action is apparently another.
None of this would have to be a worry if they just communicated with US. Once again this is not our fault and we have not created this situation.
As for b1tching.... when my investment is down 90+% for the year, I will be b1tching every single day from now until something changes.
Disgusted by the company and even more disgusted by the cheerleaders on this board. If this thing goes belly up, the cheerleaders are certainly going to be crying!
-Matt
I found this interesting on PinkSheets.com
http://www.otcmarkets.com/no-information-warning
Since they have that Big Red stop sign and Evan is providing only a certain few with information regarding the company...from how this reads, both IDGI and the person receiving ANY information can be prosecuted by the SEC!!!
MANAGEMENT TELL EVERYONE OR TELL NOONE!
-Matt
And the slaughter continues... next up .0001! Beyond fedup with this company.
-Matt
OWG... Once again WE have not created the current situation, the company did in regards to the PPS. MANAGEMENT has failed to file financials, update its business license, communicate effictively with share holders, get rid of the BIG RED STOP SIGN and as a result we are where we are!!
After a 20M share day of disaster, management should have released a PR regarding the activity yesterday and also provided us with some guidance.
All we get is more silence and I am sure many more millions are looming and about to be dumped if the company doesn't do something VERY SOON.
IMO
-Matt
I do not believe a single word that comes out of Evan's mouth anymore and at this point I am losing total faith in Stacy as well. She specifically told us we wouldn't lose our reporting status and we did. We received a post from Evan about an update and we have received nothing. We have been told in the past things would happen and they didn't.
Credibility is at 0 or very close to an all time low. The company needs to do something to build that again for MANY investors. I am not the only one here concerned. Look at the PPS trend over the past year. Almost all of the investors are gone or have substantially reduced their holdings.
-Matt
That was a trade during the day like it was discussed on the board. That form T was his IMO. The rest of the selling was triggered stop loss selling and panic because of it. He would have made enough money to either A. pay his employees or B. GET THE DAMN NVSOS updated so they aren't shut down.
We are in a very bad situation here and if people don't see it, you are very naive.
-Matt
IMO it was EVAN.
At least we are green today
-Matt
Been using Zecco for 5 years. Great prices, no issues. Penson is the one changing the rules, zecco just uses them as a clearing house. Many 401k plans also use Penson for clearing. Don't blame zecco!
IMO
-Matt
Ran out of posts yesterday!! Probably a good thing. Can't say that I am happy at all about yesterday's trading. Back to where I started .0006. New low of the year, record volume in the wrong direction. Not looking very good.
THE OWNERS OWE US AN EXPLANATION.
Praying today is a reversal and not more downward action.
Could have also been Evan selling his alotted 10M shares for the quarter. Seems odd that 10M traded and thats what he can trade per quarter! I know people spoke with him, but DOES ANYONE BELIEVE ANYTHING COMING OUT OF HIS MOUTH?
Pissed!
-Matt
Its either the dumb ass Evan selling some shares or someone beginning the tax write off selling! It is the season. Hold on for a ride.
-Matt
2M served.... this is starting to look a little suspicious!
-Matt
Maybe for 90% percent of the pinks out there, but again if it is done and we uplist to say the Nasdaq, we still own the same valuation of shares. From there if it goes from $1.00 per share to $5.00 per share. We still have a 5 bagger.
I do agree it is rare for anything good to come of an R/S, but usually the company is diluting right after and drives it back to .0001. If they R/S for any other reason other than to uplist, we are doomed.
IMO
-Matt
Ughhhh this is getting ugly!! Volume may trigger some radars, but its unfortunately in the wrong direction!!
-Matt
Nothing wrong with a R/S if it is done right. Meaning it gets the PPS to a point where we can uplist to a higher trading platform, get out of the pinks for good, and have the DTC restrictions lifted so we can actually trade this THING!!
Probably going to need a sizeable RS to accomplish that.
IMO
-Matt
Can you bring it up next time a call occurs? The NVSOS out of everything is what worries me the most.
-Matt
Almost 1M served today!! When was the last time that we broke 1M in a day traded?
-Matt
I was thinking it... at least you said it! LOL.
Does anyone know what happens concerning the NVSOS update if it remains expired? I had one ticker a few years back that didn't renew and 3 months down the road it was haulted.
Compass,
I know you spoke with Evan recently... did he give a reason why they let it expire? I understand financials being pricey and all, but isn't the registration a requirement to keep our shares listed?
Looking for information. Not causing trouble
-Matt
Ok didn't mean to single you out. So I guess its a mystery person!! As long as it isn't the company and we know shares are moving to LONGS hands, I guess its better for them to get out now!
-Matt
Wow 800K and climbing... let's hope you can hold the bid support or maybe a few others can assist. Suprising to see this much volume. Let's hope its a retail seller and nothing ELSE.
-Matt
Thanks for holding up the PPS. It appears someone has given up. Maybe its c6?
Anyone claim to be the seller?
-Matt
Come on bid support!! I was happy today and now with a bid at .0012... my smiles are disappearing quickly!
-Matt
So if we have a couple years left to wait, you should look into watching that "Happy Feet" movie. It shows how a Penguin can really be a happy animal!
Either that or maybe you should look into Xanax!
LOL. Just playing with yah...
-Matt
Come on Penquin... I am trying to be positive today. Why don't you focus on the questions that I posed vs. the update that we all know could have meant days or months or longer. Never was a time frame stated as to when it would be released.
-Matt
Let me start today of differently. Good Morning everyone!! Here is a question for the board:
Let's assume that Inca is running its business well and the silence is just a result of the need to save money to support the sales/manufacturing side of the company. If sales went well over the past few months, Inca should have orders filled and now the manufacturing side takes over for early spring delivery.
Can we find any information on new manufacturers that Inca may be using? Also, what is the next milestone in their business cycle? I would think they should have a general idea of revenue that will be created so I am thinking maybe an update is coming.
What does everyone else think?
-Matt
Gotcha. Always like to see others views on this topic. There are so many cases going on now and I do not understand all the laws involved. I think time will tell on how this case proceeds. Still haven't seen mass selling on the common stock side so people appear to have hope still.
-Matt
Saw DTSL listed on there a few months ago. We all know the company is pretty much done for. We have no choice but to ride it out and wait for either the ticker to be delisted or the company to change into UDS, get current on fillings, and rectify the DTC issue.
Pretty sure our chances are slim to none, but hey I have seen crazier things happen!
-Matt
Maybe we should ask the caveman under the rock for the answers!! They seem to be about as educated in the investment side of the puzzle as the owners!
-Matt
http://money.cnn.com/2011/11/28/news/companies/citigroup_settlement_rejected/index.htm?iid=Lead
Is this related as well to the previous posted article? It seems these banks may not get off the hook quite so easy! Hopefully our case gets fought to the end as well...!
-Matt