Alkane Inc (ALKN)

[DueDillinger]

ralph- I don't see how not having financials makes NSDM NOT a 'pumpadump'. The notion of 'pumping' up a stock's price doesn't depend on financials. Look at the initial run here for example. I use the term 'pumpadump' rather than 'pump and dump' because I see the pumping and dumping as simultaneous rather than sequential events. Some kind of impetus is given to create buying volume, and those orchestrating the event sell into that volume. A pumpadump is an orchestrated event, generally fueled by press releases/newsletters and reinforced from a boiler room. In the old days (98-01) the boiler room boyz discovered that they could use the message boards for this purpose, but participation on the boards no longer has the critical mass necessary to move the price very well. RB is in a steep decline, and IHUB isn't there yet.

I find it interesting that my original post, the one to which you replied, is now deleted. As I recall, it was relatively benign. Now I'll have to review my posts to see what else has been censored.

You may recall that when I first encountered this stock many were all excited about an OTCBB listing, and I pointed out that it couldn't happen before an annual report was filed. Then some were expecting the move to OTCBB to occur right at the top of the year, and I pointed out that annual reports must have audited financials, so with the period ending with the calendar year it wasn't likely that we'd see the 10KSB right away. Most companies whose fiscal year coincides with the calendar year file their 10K from the end of March to mid-April. The SEC gives companies 90 days to file, and a 15 day extension is available.