Thursday, September 11, 2014 7:42:49 AM
I can only imagine that the financiers and even the management of IC Places, are selling as many shares as possible while the stock is still listed.
I noted on the rules that unless the market makers back no longer will trade a stock, that this Company stays on the pinks for a long time.
The OTC markets does not put a stop sign as a warning until two Q's are not filed and thereafter, put the toxic sign.
Anyone buying this stock probably does not go to the OTC market website and, looking at the boards on this site and the other site, it appears that we are all talking to ourselves.
So, my prediction, is the Company will, with the consent of its financiers do another reverse probably in the first quarter of 2015 and squeeze out the remaining public shareholders to next to nothing, the management of the Company will convert their preferred stock into common, the terms of the conversion with respect to capital changes is not known or at least disclosed, and the whole scheme will start all over again with a new cast of characters.
Mr. Samblis will pay his rent or move to another location in LA and be laughing at all those who believed that one man could build a Company in an industry where more have failed than made it.
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