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Keep hope alive... for now. Need to hear something official from the company. The fading volume will eventually be followed by fading share price.
Especially the ones that are pink current, and even those with several billion O/S.
Like how this looks and feels at this level. Dime easy!
I wish it was holding that range... lol
Any thoughts on who/what is taking this over? I was sold just on the filings/share structure/ attorney letter submitted. Will we not find out until after current status is granted soon?
Ya'll are both SET. I just showed up this morning. ugh! :)
So my measly 1m shares cost a whole lot more, but will be worth just the same down the line many times higher.
Yep. I found AAGC lower on the breakout board last night. Then seeing these filings sealed the deal for me to get in ASAP.
Each day more exposure and increasing volume and we should surpass a penny before current status even hits, which should happen sometime next week.
PLUS, we are flying under the radar right now. Should gain some exposure over night as people see what's going on.
If we can do 500mm volume On a Friday we could do 250% move. Let's see!
Glad I found this last night and got in early today. This has a dime written all over it once news of current status and new biz news drops.
Just the increasing volume will move us up in the meantime until that news comes out.
Nice size hits on the ask coming in to get us to penny before close.
Glad I got in before that happens. OTC filings don't lie. Once current news hits, looks good for real run.
Thanks for putting that out there, bud. Most don't know about that from many years ago.
Light volume, hope it holds the 7 range. Until we get some sort of information from an individual representing the company releases a formal press release, we will eventually start ticking down.
Hopefully I worded that to EVERYONE'S liking. ugh!
Agree on the difference....I was responding about the part that stated.... "available stock being bought back'...
When the words "bought back" are used, that usually always means back to the company... no? SO yep.... all in the words as you say.
Plus, I didn't say "buy back shares"... I said the "company buying shares"..... IDCNADMIN said "bought back shares".... ALL in the words, all in the words...
So why ask me this?... "Why would a company just beginning a comeback with a big OS and not a lot of cash buy back shares,,,,?" when it was YOU who said "buy back shares".. not me.
So, they need to file a Form 4 if the shares were bought for them personally. That tells us they need to file relatively soon OR it is false information that he/they bought shares.
It literally says in the IDCNadmin post that "shares were bought back"... SO, that's why I assumed it was for the company. Which is why I requested a PR stating what is going on. Confusion as usual.
Thanks for that info. Wasn't sure what a grey market company was obligated to post.
Maybe you should address these issues to the company, not me.
Agree, but the question asked that he answered was about the company doing a stock buyback. SO, it was confusing. Plus, does a grey market company need to file a Form 4 if it was a company buyback?
PLUS, I was suggesting a PR regardless of which it was. Just looking for them to provide exposure beyond the few here looking at IDCN.
Here, read for yourself. This has been posted multiple times, just have to read posts here and you wouldn't have to ask ME.
Updates from HQ- IDCN - FEB 22, 2021
MANY of you have asked regarding the “ rumor “ of top level execs/ management from IDCN buying shares last week.
Answer: Yes, they have been purchasing in very large amounts ( essentially it equates to several percentage points of the company’s available stock being bought back last week and will continue to do so this week)
Indocan has hired professionals on an independent contractor basis who are currently working on new product lines for the company. They have also placed a great emphasis on hiring from the minority population as well as working with a non profit for product fullfillment services. They will be hiring more individuals in the following quarter.
Financials for the company are listed on the site www.Indocan resources.com
All future press releases and notifications on behalf of the company will now include utilizing this subreddit group.
IDCN is currently establishing a new online marketplace for unique products (some of which are patent protected ) to sell on their website.
Furthermore, for the last few months, IDCN haS been actively in pursuit of a potential land grab which has been proven to contain valuable raw minerals/metals. I can’t deliberate much further until certain goals have been met.
Last but not the least, IDCN is a real company. They have helped benefit many people from their unadulterated non diluted organic cbd oil products. They have also given away numerous free samples to the individuals at the non profit as well as friends and family and have yet to receive a negative feedback. They have employed numerous people and have paid them on time with no delay.
Thank you! Live chat discussion will be on!
Volume is slipping this week(to this point). The most crucial aspect of this mini run has been the high level volume the past couple weeks. We NEED it to remain well over 100mm daily in order to maintain this PPS.
We need some help from the company. Hope to see a PR about what is going on.
For instance, a PR about the company buying shares is a big deal that needs to be issued SO we can increase exposure to the greater public and maintain this level and beyond. IMO
I posted it a couple hours ago. Thanks for re-posting.
That was a nice 15mm share buy at 9 that just went off. Then a small sell of 50k brings it back to 7.
Hey guys. Check this link with a post from IDCN admin.....
https://www.reddit.com/r/IDCN/comments/lpm4di/updates_from_hq_idcn_feb_22_2021/
This is fantastic information!
Decent volume to begin the day. Interest remains, just looking for it to increase. The updated website will only help a little. Waiting on a PR or 2 to follow.
Very pleased to see the company jumping at the chance to take advantage of our recent volume explosion AND the overall OTC market interest in general.
People are looking for early stage companies with massive price increase potential to invest in.
CBD business is relatively new and the MJ market is hugely popular among many age groups across the country.
IDCN has 2 attractive aspects going for it right now.... they are in the CBD business(actually grow their own hemp plants) AND the stock price is very low(attractive to those who want a life changing amount of shares).
Now that the company is attempting to increase exposure we have a real chance to blow up like SOOOOO many other OTC's are right now. If our management plays it right, we can surely make a serious run to a penny and beyond.
Looking forward to this week as it starts to play out. Would love to see a PR to get it rolling.
Regardless of anything else, high level volume is the key. We have to maintain and increase from this level. If we do, it is very likely we start moving north in a big way.
Good luck to all of us, especially those involved with IDCN for over a decade.
Agree. It looks like the company is going to take advantage of the recent massive volume and use it to gain momentum and exposure. BUT you are right.... it needs to come in the form of PR's.
Waiting on a response from the new admin about a rumor on reddit that poster was told company is buying shares.
If true, that is definitely worthy of a PR. AND that would definitely be a solid catalyst to run the share price upwards. Here's to hoping!!!
IDCN admin posted a comment on the new website in the blog section. Maybe, just maybe this is the beginning of transparency and communication to us shareholders... especially those of us here for a decade of nothingness.
Thanks for adding yourself as a moderator. We will need decent people watching the board to keep it REAL here once we start moving up in price and the roaches come crawling around.
Website aside.... the most important aspect right now is maintaining high level of volume. Based on the dozens of other sub-penny stocks I am tracking, we need multiple WEEKS of 100-500mm plus in volume before we really take off, ESPECIALLY because we are a CE stock. I still think we are headed there, but the volume will be what speaks the loudest as we move forward.
You are spot on, bud. I want nothing more for this to run, but unless something more than the absolute minimum by K.A. happens, exposure will remain almost non-existent.
A Press release from a year ago doesn't help with exposure we NEED NOW.
These testimonials were on the site before going offline a few weeks ago. Again, nothing new accept N95 masks.
Problem is, as Slojab so rightfully mentions, unless we get exposure(ie. a Press Release) very few people actually know about it.
Yeah, I saw it. I even mentioned it in the post you responded to...
"nor do I see anything new/different from the last time it was up product wise, other than N95 masks now for sale."
Frankly speaking, the site isn't as sleek looking as it did before going down a few weeks ago. Plus, we are a hemp/CBD company and the only thing added that is NEW are N95 masks...? Did they have to take the whole website offline just to add masks? Seems pretty weak to me. Just calling it like it is... like I always do.
Website up! BUT doesn't look so great, nor do I see anything new/different from the last time it was up product wise, other than N95 masks now for sale. The layout/design was a better look the last time it was up. Kind of a flop if you ask me.
Agreed, D. CEO Ken Ash can put us on the map with the right moves here. We need some real leadership to take us to the next level. He can do it if he plays it right. Starting with a PR about updated website when it launches. We need exposure and a PR is the best way to get the ball rolling. Would be nice to get update on the rest of what the plan is going forward. We haven't heard ANYTHING from him in a LONG time. Even if it's just a pump..... DO IT RIGHT, KEN! You owe us after ALL these years of NADA.
I would venture to guess KA is paying attention to this huge volume. And HOPE he is strategizing how to take advantage of it and increase IDCN exposure with the release of a PR in conjunction with the updated website and new products.
Here's to hoping!
A lot of buys at 7 going on the past half hour or so. Even though down today, strength in buying here shows we are still in good shape going forward.
Nice info, Charles. Thanks for sharing.
CE means Caveat Emptor --- empty shell company with no existing business dealings.
Question is... why all the volume out of nowhere? Nobody knows at this point. Just wait and see how it plays out. Some are cashing out after not being able to for a decade AND some are holding to see if it runs up in price.
I've considered it dead, so no harm in waiting it out a while.
Accumulation at 7 going on after the dip this am. Nothing to fret at this point. IDCN is tracking like many of the others that have taken off recently. Big volume with price increases followed by a breather for a couple days, then back to strong volume/price surge. Just watching the volume as an indicator going forward. IMO