Replies to post #34427 on Inca Designs, Inc. (fka IDGI)

[naturalborninvestor]

First, why would we expect a pr pertaining to the
on-line store. I was under the impression that it
will be for wholesale sales only.

I hope not! I actually think that an online shop would better be positioned to cater for the private retail market.

Secondly, why would they want to put out
anything that will raise the pps before Oct. 31st when
the note(s) become due and they figure out how many shares
they will get. (dividing the loan amount by the pps -40%)

Yep, I agree. Keep the share price low to allow your creditors / warrant holders to convert into more shares. Makes sense from a management perspective, but not shareholder-friendly...

After they get that paper work done, then they can hit
a bunch of good pr's and let the pps surge to new 52 week
highs.

I do hope that's the plan!

Can anyone advise what is the $ amount of the note
that is coming due Oct. 31st?

Anyone?

[Dan Sz]

Good Morning Team Inca. 86EM. To answer your questions.
The online store will be for Retail purchases. Wholesale buys will be threough "back office" and out the warehouse.

The notes with the excercisable warrants good till 31 Oct 2009. There are several. You'd have to go look at the 8K from May 2007. (Yesterday I posted about it, the message I replied to from goinup had the link.)

My understanding is this. Note "A" lets say for expamle is $100,000.00 secured with a executable warrent for 200,000 shares at .50, OR 40% off the current market price with an expiration date of 31 Oct 2009.

Thus IMHO, these note holders with this warrants HAVE to get those shares by 31 OCT 2009 or they "miss the boat".

The good news is, we have not seen the OS increase. We have not seen Mrs. Josloff get her additional 260,000,000 restricted shares either. Only 40 days left until 31 Oct 2009.

So, all is well.

If you go to the 8k from May 2007. Can you total all the money owed and all the sahres of all the notes, if you have time. They start on page 10 or 11 I beleave.

Thanks and I hope that helps.

Dan Sz

[rstar]

i need to look more closely but i think it is only the warrants to buy shares that expire...
and they are only to buy 150k shares or something...
not significant at all imo...
it was my understanding they would communicate w shareholders significant developments.
deals from swimshow/ online shopping and 9 months of the SB store being open i think qualify as significant...