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If the revenue for Oxygen stuff is less than $2,000 or so, I'd rate that as 'unreal'
Oxygen Orchard was real? With a real business? What was its revenue?
"Every once in awhile the SEC steps in at the right time."
Just about 3 years too late IMO
Yah, well this was not what you call an 'exploration company' unless you mean they explored how many shares per day they could pump n'dump
Is there anyone who didn't get cursed and sworn at by Ken?
Anyway, of course he knew about the dilution. They're both just fed up their pump n'dump scheme has come to an end and that they might be facing federal action.
Is being on the Greys proof of a worthless stock when it comes to the IRS?
But not very poetic in his case. I doubt either of them had any poetry in them. Hoist by his own petard - that fits.
I hope he is 100% broke.
Losing money on this POS is well worth it if JRB and KA get put down finally. I won't lose any sleep over the pump n'dumpers (you know who you are) that come on here to lie every now and again.
Now the SEC needs to go after naked shorters.
Pity I didn't sell the other 8 million - just glad I unloaded 2m at .0002. I am actually glad this POS is at an end. It was always a scam. Just sad the SEC didn't give a duck for 4 or more years of that scumbag ripping everyone off. Not sure I give Ash much better marks. But we all deserve what we got buying into this.
I sold a couple million at 2 to some I guess lucky person. They went quite quickly so I pulled the rest. I have a real silver exploration company in my portfolio that has been beaten down to absurd levels so I am scrounging around to buy more.
Ok thx I read it. It doesn't specify a time frame for the meeting
It refers to the section of the statute reproduced below
Not being a lawyer this legalese makes my eyes glaze over
(a)? The district court of the county where a corporation's principal office or, if none in this state, its registered office is located may summarily order a meeting to be held:
(i)? On application of any shareholder of the corporation entitled to participate in an annual meeting if an annual meeting was not held or action by written consent in lieu thereof did not become effective within the earlier of six (6) months after the end of the corporation's fiscal year or fifteen (15) months after its last annual meeting; or
http://legisweb.state.wy.us/statutes/statutes.aspx?file=titles/Title17/T17CH16.htm
Lots of pent up demand to get out of this PITA stock
if KA is supposed to call a shareholder meeting as a stipulation in the court judgement, was there any time frame specified?
I'm prepared to give KA the benefit of the doubt. There is nothing to lose by doing so. So, Ken, we're in your hands.
Sorry to hear that rs99. Sure it is Pennyland. I just hope they come up with some better ideas than spring water or oxygen bubbly. I am a precious metals mining sector investor mostly juniors on the Vancouver exchange and I am going to be looking very carefully at any new mining experiment this company gets into.
I've got a question. So they change the name. Then they find some skanky piece of land that was mined over and then some a decade ago and then start a pumpathon PR campaign about how this has blue sky potential. The regulars are screaming 'scam!' some of them, but most are just hoping the scam works so they can unload on a set of new bagholders.
isn't this just history repeating itself? Can it work on a regular basis?
Right now mining shares suck -most are sitting at or just above the 2008 lows.
It will come from the ground (the gold).
I expect it will be some promise of mineralization at .001 oz per ton accompanied by blue sky forecasts.
Thanks. People like this who prey on the elderly and infirm especially should serve jail time to help them understand not to attempt to do it again.
Please enlighten me, who is she? ex wife of our glorious scamster? Sister?
What a horrible thing to do. And she got away with no jail time?
What a disgrace.
Slapping? More like locking up
Plenty of domains with indocan in them he could get right now. Put
up a basic website with a link to the court ruling and a PR saying new official website is (insert domain name here).
Thanks for the laugh. I needed that. A loyal shareholder base indeed. Is a bagholder with no place to go being loyal?
Yes Yorkie I know. KA should get another .com and use it instead of indocan.com
Time for KA to announce a new website address if he can't control indocan.com.
etrade does
Interesting
http://news.goldseek.com/GoldSeek/1334330456.php
Penny stocks refused for deposit – why it’s happening now, how to cope
SEC’s Microcap Fraud Working Group.
That seems the most likely - Ken was given control of the company as the biggest shareholder. Anyway it's a fait accompli now. The question is, what is he going to do with it?
No of course I don't. I'm being greedy again. I just want .0004 but then I think I'd feel a fool if a pump worked and it went to .001.
Frankie, can't 'they' just do what they've always done, whoever is at the helm? i.e. come up with some riduculous money making scheme that hasn't made it yet, promote it like crazy to the great unwashed and do a pump n'dump?
I doubt many of them will be, I am afraid.
Who needs a tatty old shell like this any more? Whether to sell some kind of fruity oxygen or other ludicrous thing like that.
Nobama has signed the Job Act which .. "The JOBS Act will allow startups, from taco trucks to mobile apps builders, to solicit the general public for investment -- an activity that was previously illegal. It will allow any individual to invest in these advertised startups as well"
What is so good about an Oxygen Orchard needing a shell?
Do they have any sales? Why are they trying to raise money?
Easier just to get another domain and use that.
Indocansomethingorother.com
Etrade wants $9.99 commission on this.
Please someone buy my 10 million at .0002? I'm not making much money on them ya know! It's a steal!!!
So if the bid is .0002 how come my 10m at .0002 are just sitting there?
Wait a minute Yorkie, we've been in this for years. MLynch just sold my 5m shares for $5 - maybe it shoulda been $500 - not going to start a lawsuit but 61M shares at .0001 is a WOW? It's 6 grand!
Who knows why that got painted that way.
Anyway I have 10m left so we'll see
I had to close down a brokerage account with just a few hundred bucks in it as it was transferred to Merrill who no longer supported the type of acct, so they sold 5 mill shares of IDCN at
.000001 yes that's 5 zeros before the 1. I now have 10 mill left worth $10. Whoopee!!!
The Extradition treaty with England, if that's where Jeff still is, is favorable to the US. A Brit court doesn't even have to weigh in on it. They can just package this pos on Con-Air over a weekend.