Indocan Resources Inc. (IDCN)

[UpstateChris]

While we wait to see if the reverse merger with Oxygen Orchard actually happens we can continue to research the history of IDCN and it's Board of Directors - just in case they do not end up being sold.

One thing that should come as no surprise is that one of the officers of the company, Mr. Ken R. Ash, the Investment Relations person has in fact been found guilty of committing fraud involving OTC stocks in the past. In February, 2000 he was fined $20,000, and if I am reading this correctly he lost his right to be a broker. I do know that he was not registered after this point according to FINRA. This is a public record available to everyone. If you search for him and select Detailed Report, this is a page from the PDF. Since this same person runs the Technically Speaking series of technical analysis on IDCN and strongly promoted another Pink Sheet that has since been shut down (AnywhereMD I believe) investors should take what he says as Caveat Emptor as it appears that every company he has been an officer in or been hired to promote in the last couple years have all resulted in complete losses.

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