Don't fall in love with any of them
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It dipped yesterday before running, just a little profit taking "I hope" Level 2 so thin on ASK
Sellers, move those big sells up to .002 and break them up and watch it move
A few sellers taking profits this morning then we move up
I agree, PR stated merger would be completed this week
Nice, just look at those big white candles
Can you say done, this stock was pumped for weeks all over IHUB and Twitter without needing to be, people get tired of all that, interest is over and so is this stock, bail while you can. GLTA
best 2 days i have had, keep going IDVC
Gapper tomorrow, holding all shares
Totally agree, more upside after merger announcement with the company that is trading @ .03
Have you lost your mind? lol
Almost power hour, do I hear .007 before close??
Post #1104 wwag.ob owns a healthy chunk of idvc---------and wwag is still asleep this morning-----one great way to play idvc is to play wwag for that run that should begin with idvc as its catalyst. TPNL.ob is another great play as the sleeper that will one day awake so.
Someone posted yesterday that they do, I will look for the post
IMO not too late at all, merger to be completed this week according to PR yesterday
No worries....They will get sucked up after lunch
Needless pumping killed this one, great news and down
LOL, we shamed them away, seller gone
IMO, if that big seller was smart, would move it to .006-.007, why throw away profits
Damn, move it higher, it will sell
MM games now
And the merger news is still yet to come this week
305K shares left, here we go again
It was in this news release yesterday
Tuesday, May 29 2012 10:50 AM, EST Infrastructure Developments Corp. Issues Corporate and Shareholder Update GlobeNewswire "Press Releases"
SALT LAKE CITY , May 29, 2012 (GLOBE NEWSWIRE) -- Infrastructure Developments Corp. (OTCBB:IDVC) (the "Company") wishes to clarify certain considerations regarding the public market for its common stock and recent business development activities.
Over the past fifteen months the Company borrowed $214,000 from an investment firm to finance the startup of its U.S. Navy "Lido" project in Indonesia as well as for general corporate expenses. The Company borrowed the funds on terms that included a conversion option at a discount to the trading price in the market. The subsequent conversion of the debt to stock, and the apparent liquidation of stock in the market, resulted in a significant increase in IDVC's public float which increase may have resulted in the drop in IDVC's stock price over the past ten months.
Except for $2,000 , all convertible debt that is currently entitled to conversion has been converted to stock as of today's date. The Company plans to repay the remaining balance of $39,000 that will become convertible beginning in September 2012 prior to any such conversion.
The Company's losses from the Lido project - due to disputes with local subcontractors and the subsequent termination of the project - resulted in its inability to repay the previous convertible debt. As detailed in the Company's quarterly and annual reports, its Asian region U.S. military contracting operations division has been suspended due to low margins, heavy competition, and lack of funding to advance start up cash for larger projects.
As also reported in the Company s annual and quarterly reports, it has written off all losses from its quarry operation in the United Arab Emirates , converted nearly all outstanding debt to equity, and has now stabilized its financial situation. The Company is in position now to grow it new businesses with a clean balance sheet and reduced operating losses.
"Due to the previous economic downturn, increased competition in our target markets, and military funding reorganization, we were not as successful in procuring government contracts in the past year," stated the Company's 's CEO Thomas R. Morgan . "However, with the diversification of our business model into the clean energy arena, coupled with the realignment of strategy as it applies to military activities and other Southeast Asian operations, I am hopeful that we will regain our corporate foothold. I look forward to a much improved outlook for the second half of the current fiscal year."
The Company continues to evaluate the potential acquisition of InterMedia Development Corporation , a media production company and defense contractor based in Fairfax, Virginia . The Company is awaiting audited financial statements from InterMedia as required to proceed with a merger.
The Company is also in the process of formalizing its relationship with Cleanfield Energy, Inc. , with a proposed acquisition plan being currently negotiated and expected to close within the week. Cleanfield is properly set up for compressed natural gas conversions in the Southwest U.S., and is currently bidding on fleet conversions.
Lastly, the Company has been selectively bidding to manage private projects in the booming Thailand construction market, and believes that it will be successful in winning projects that have clear profit margins and no advance funding requirements.
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including the acquisition of InterMedia and Cleanfield as subsidiaries, the Company's ability to procure design and management projects, competitive market conditions, and its s prospects for securing additional sources of financing as required. The actual results that the Company may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. The Company encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-Q and Form 10-K. The Company's public filings may be viewed at
www.sec.gov.
CONTACT: Infrastructure Developments Corp. Thomas Morgan , CEO 801.488.2006 trmorgan@idvc.us www.idvc.us
Source: Infrastucture Developments Corp.
One good hit on the ASK, hello .006
No one give in to that low bid, mm games
here come the .004s
.0036x.004
gapping .0035x.0036
Nice gain today, hoping for a gap and more tomorrow, still holding all shares
Not much of a wall really, just arounf $5K
I have been loading this for over 3 weeks
I agree, was about to post the same thing
IDVC News, Update on merger this week
Tuesday, May 29 2012 10:50 AM, EST Infrastructure Developments Corp. Issues Corporate and Shareholder Update GlobeNewswire "Press Releases"
SALT LAKE CITY , May 29, 2012 (GLOBE NEWSWIRE) -- Infrastructure Developments Corp. (OTCBB:IDVC) (the "Company") wishes to clarify certain considerations regarding the public market for its common stock and recent business development activities.
Over the past fifteen months the Company borrowed $214,000 from an investment firm to finance the startup of its U.S. Navy "Lido" project in Indonesia as well as for general corporate expenses. The Company borrowed the funds on terms that included a conversion option at a discount to the trading price in the market. The subsequent conversion of the debt to stock, and the apparent liquidation of stock in the market, resulted in a significant increase in IDVC's public float which increase may have resulted in the drop in IDVC's stock price over the past ten months.
Except for $2,000 , all convertible debt that is currently entitled to conversion has been converted to stock as of today's date. The Company plans to repay the remaining balance of $39,000 that will become convertible beginning in September 2012 prior to any such conversion.
The Company's losses from the Lido project - due to disputes with local subcontractors and the subsequent termination of the project - resulted in its inability to repay the previous convertible debt. As detailed in the Company's quarterly and annual reports, its Asian region U.S. military contracting operations division has been suspended due to low margins, heavy competition, and lack of funding to advance start up cash for larger projects.
As also reported in the Company s annual and quarterly reports, it has written off all losses from its quarry operation in the United Arab Emirates , converted nearly all outstanding debt to equity, and has now stabilized its financial situation. The Company is in position now to grow it new businesses with a clean balance sheet and reduced operating losses.
"Due to the previous economic downturn, increased competition in our target markets, and military funding reorganization, we were not as successful in procuring government contracts in the past year," stated the Company's 's CEO Thomas R. Morgan . "However, with the diversification of our business model into the clean energy arena, coupled with the realignment of strategy as it applies to military activities and other Southeast Asian operations, I am hopeful that we will regain our corporate foothold. I look forward to a much improved outlook for the second half of the current fiscal year."
The Company continues to evaluate the potential acquisition of InterMedia Development Corporation , a media production company and defense contractor based in Fairfax, Virginia . The Company is awaiting audited financial statements from InterMedia as required to proceed with a merger.
The Company is also in the process of formalizing its relationship with Cleanfield Energy, Inc. , with a proposed acquisition plan being currently negotiated and expected to close within the week. Cleanfield is properly set up for compressed natural gas conversions in the Southwest U.S., and is currently bidding on fleet conversions.
Lastly, the Company has been selectively bidding to manage private projects in the booming Thailand construction market, and believes that it will be successful in winning projects that have clear profit margins and no advance funding requirements.
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including the acquisition of InterMedia and Cleanfield as subsidiaries, the Company's ability to procure design and management projects, competitive market conditions, and its s prospects for securing additional sources of financing as required. The actual results that the Company may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. The Company encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-Q and Form 10-K. The Company's public filings may be viewed at
www.sec.gov.
CONTACT: Infrastructure Developments Corp. Thomas Morgan , CEO 801.488.2006 trmorgan@idvc.us www.idvc.us
Source: Infrastucture Developments Corp.
6 mil support @ .003
The Company is also in the process of formalizing its relationship with Cleanfield Energy, Inc. , with a proposed acquisition plan being currently negotiated and expected to close within the week. Cleanfield is properly set up for compressed natural gas conversions in the Southwest U.S., and is currently bidding on fleet conversions.
Lastly, the Company has been selectively bidding to manage private projects in the booming Thailand construction market, and believes that it will be successful in winning projects that have clear profit margins and no advance funding requirements.
here we go up...we have a short basher lol
Added more @ .0023
Cleanfield Energy, Inc currently trading @ .03 AIR
http://tmx.quotemedia.com/quote.php?qm_symbol=AIR&locale=EN
I will take a tick or two a day, two green days in a row
You are exactly right, NO ONE knows, everything is PURE speculation at this point. I'm not bashing either and hope it goes to the moon for everyone holding but I hate seeing honest people mislead by misleading posts.
Thanks