Replies to post #51862 on Indocan Resources Inc. (IDCN)

[SIIX]

i will say you are right. and i am wrong. I just know most of these small cap companies have small print bylaws to prevent hostile takeovers.

[stockvader]

Ken, what do u say about retro's rumor about GIMU deal being...?

[CADMAN]

STOCKCHARTER-As IR for the company, do you and the CEO communicate on a regular basis, and if so, to what extent?

[retroman]

He can still max out the existing share structure but based on the volume I believe he's already done that!!!
Retro

[mcnugget]

Stockcharter do you trust the CEO?

[Green Money 00]

sooo again all these post saying no dilution and that is exactly what happened ???

STOCKCHARTER Member Profile STOCKCHARTER Member Level Share Friday, July 09, 2010 1:15:02 PM
Re: SavVY 6 post# 51860 Post # of 57574
In order for him to raise the authorized shares he would need a proxy vote among the majority shareholders.
Someone please check with Montana laws to verify. This is what an informed person told me. When you find out i am right what will you say then?