Indocan Resources Inc. (IDCN)

[Brian D nj]

PSC email

Hello,

We are still keeping an eye on both HSCO and IDCN and as indicated in our alerts we were buyers of both stocks. PSC did alert our members that we are expecting news on IDCN, however it is up to the company to issue the news based on their time line. We had hoped the news would be out this week but it is possible it has been delayed for any number of reasons. In the business world delays are a normal part of business but this is an internal matter to IDCN that we have no control over. Once we do hear anything new we will do our best to continue to update our members.

Thanks,

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