Indocan Resources Inc. (IDCN)

[iblong2]

I'm not sure of the exact rules but I think you need to have a 10% stake in the company before you have limits on selling and requirements for disclosure. The only person that I'm aware of that holds a 10% stake is the Bill Miller estate and as been stated on our website, the company has the option to buy back those shares. Right now I don't believe we have a board of directors so the only people that have disclosure requirements are the two officers of the company, Ken Ash and Larry Kau.

It is possible that I will join the board of the company if asked, but I wouldn't join the board until after a form 10 has been filed and other requirements were met. As a board member, I would become an insider with full disclosure.

I don't see how my disclosure that my average cost per share of $0.0009 would turn any investors away. With holding of several hundred million shares, I am a "real investor".