Replies to post #59900 on Indocan Resources Inc. (IDCN)

[lbdave]

The last known numbers we have are from Oct. 25, 2010 and the O/S was close to 6.43 billion shares at that time. Since then we have traded over 2.2 billion shares, and with all the 9.99 million share blocks that have been sold over the last month, one could assume the O/S is substantially higher now. For the purpose of keeping this questions fact based (last reported O/S) I will use the numbers from Oct. 25 2010.

I am wondering what you see with this company that will likely make the share price achieve your goal?

6.43 billion x .0033= approx 21.2 million dollar market cap.
6.43 billion x .01= approx 64.3 million dollar market cap.

What do you see coming to fruition to substantiate even a 21.2 million dollar market cap, let alone a 64.3 million dollar cap?

Just curious

[TEFFY]

I would never try to put a PPS target on this one, I am always just happy to make a profit here, tough to do, Jeffery IMO is the master of disaster, or the puppet master at least :-(

I am just in hopes that he spits on some paper and sends it out :-) (pr) sure would do some justice for the holders here.

With any luck, maybe he will tell us someday the S/S is either not or is done being diluted, maybe even a good idea on that same note to let folks know that R/S is not his style. Would be helpful for starters, then he needs to puit some bull chit out about past pr's with updates! just my opinion!

0.0001 x 0.0002 I like that better than no bid.

Jeffery, since I know you read the boards, heck you have for the last 10 years i know of, get some dang news out you fool.