A Post Collection of IHUB's Greatest Hits

[di4]

Posted by: stervc Date: Thursday, November 20, 2008 9:00:50 AM
In reply to: shortsinthesand who wrote msg# 7937 Post # of 8450 [Send a link via email]
Sandintheshorts & All...

You are correct. A 504 filing is generally and usually not a good thing.

I ordered a REGDEX from another company last week and that REGDEX was not a 504. I must admit that usually when one is filed, it is for a 504 though.

With INCL, I took the word from a couple of people whom had gotten info from Jeff Wiebel that such was to be used for preferred shares to pay for the current board members.

Lesson learned... or maybe not because if someone whom I trust tells me something, I will believe them. Any stock that I am in that files a REGDEX, I will pay the $30 myself for now on and view it with my own eyes to see if it is a 504 or not.

Here is an example of what I was talking about:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33567166
(Not trying to spam.)

I recommend all to do such in the future with INCL or any other stock they might be in that files a REGDEX. Call Thomson Reuters Research Services at 1-800-638-8241. They will scan the REGDEX/documents for you from the SEC. They will charge you $30 to have them email you the document in PDF format that should arrive in about one hour.

Still, this INCL REGDEX was only for $25,000 from what it appears which is a far cry from the usual $1 million amounts that usually pops up. Review below:
http://freepdfhosting.com/4bd2a08ea7.pdf

v/r
Sterling