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I feel sorry for all of the stuckholders here! I'm just amazed that no one has gone to jail for running this scam! People are living well off of the stolen money..
that's almost like "the dog ate my homework"! Come on!
So now do you see what I was getting at? This company should be named Indoscam!
Your quite welcome! I've been in and out of this one over a period of time.
It's a good ole P&D like the rest of 'em!
You are so right! I say the eagle will land around late March/early April as usual if they can get some new "investors".
Just hold your shares and wait for the pump to begin in the next couple of months. Then just push the button at the right time! This is no different than any other pinksheet scam.
Yes 3.5 years later and nothing has changed. The pattern was to announce that the divys were coming soon and I guess that meant sell!
I love the PR about South Africa- HMMM where will they vacation next- at the world cup on shareholders dime?
Thanks for reminding me of this worthless security as etrade calls it!
Just someone buying up the HUGEEEE float and pumping it!
It's a small enough town- look on facebook and then I'm sure you can find him!
You know there's been profit taking along the way. Who in their right mind would hold a penny stock? Everyone is here to make money and that's it. People who buy at this level are just chasing. It will be .0001 in a flash.
Anyone who buys now is making the ones who bought a .0001 the rich guys! They have to sell to someone and then it will tank again.
Or maybe go visit Jeff in Naples, Fla where he lives!
That's why I say be careful all of you!
Why would Etrade consider this stock a "worthless security" only a few months ago and now all of a sudden it is trading and has news of business going on? Anything can go on the pinksheets I guess, so it's a risk you have to take playing with these things.
because all of the penny stocks i purchased were sh*t and there was nothing good to say about them! Sorry!
NOT here! LOL
Etrade considers this a worthless security
Only a few will make money here and the rest will be stuckholders! lol
It's funny how this one is trading again! Etrade sold my shares for a penny and said it was because it was a "worthless stock". There is something very shady here! I doubt if there is a company at all, just daytraders trying to make money off others.
Have 200 million + shares even traded since late July of 2009?
Money might be made here , but only by a select few or one. Everyone else will be trapped. When it goes up, it will only stay there for a nanosecond.
SC's in the jailhouse! LOL maybe he can tone it down a bit.
Wonder where all of the SunRay Oil settlement money went?
I was told by SC that I had been punished for my misdeeds? How weird is that? I've never made my living robbing other people blind, I was just trying to trade some penny stocks. In the end if you do make money on these, where is the money coming from? It's nothing about a company with any value or anything, just whoever has the fastest finger or the inside info on when to sell. Something reallly should be done about it!
I have had the same issues. SC thinks that all of the old people who lost their money in this are just going away and that will make room for new bagholders. I am not going away and will continue to enlighten at least people who come to this board. There's nothing I can do about other avenues he uses but this really is nothing but a scam.
I have had the same problem! He is very unprofessional and can't take it when people try to post the truth!
I don't know but I am going to look into why Etrade recently liquidated this stock for me, telling me that it was worthless and now weeks later it is trading. I really think I need a lawyer now to straighten this out.
thank you!
He might be legal but whose money is in your pocket? New traders who don't have a clue! Or people who don't know when to hit the sell button. Or people who chase and then get stuck.
Oh how wonderful of him!
You won't get an answer
If there was any real oversight on these penny stocks a lot of people would be up the river! Instead they go from stock to stock, pumping and dumping away and stealing people's money! Etrade actually liquidated this stock after notifiying me that it was worthless. How it happens that this comes back to life i don't know, but I agree with you.
Frankie, forget it! IDCN is worthless. Nobody is buying or selling it right now.
Just read carefully .Who is this investor they are talking to that won't give them very much information? Any ideas?
Frankie - good luck on this one! This is Etrades response about IDCN-
"Thank you for your message regarding worthless securities liquidation. "
"A security becomes eligible for a worthless security liquidation when there is no longer a bid and asking price (no open orders for the security)."
I don't know how this can be when I had mine up for sale but this is what they are saying.I guess none of the MMs wanted to touch it. The only stock they left me with was INIX of all things! Maybe we should go play over there.
Do you think I believe that you were only buying since February? the low was .0008 in January. You guys are frontloaders!
They are selling already, they just need buyers at this price to believe they will see a higher price. Isn't that how it all works?