Indocan Resources Inc. (IDCN)

[UpstateChris]

The SEC rarely does much of anything, particularly with pink sheet stocks. There was a time when there was an open investigation against IDCN (I have first hand knowledge of this) but too few people with significant enough losses stepped forward so it was dropped. I believe they have to show a $25K loss that they can directly correlate to company actions (is, purchased on an official PR that was falsified) to justify an investigation.

As far as his disclaimer, he isn't even good enough to write one so he cut and pasted someone elses. It is a very generic SH statement. His smartest move was having his 'lil biotch do most of the public interfacing so he had plausible deniability.