Replies to post #60247 on Indocan Resources Inc. (IDCN)

[CharlesNet]

Not all CEO's dilute. Also, I don't know of any CEO's that go on their website and tell investors to buy the stock and then the CEO sells shares into those people...That is what Jeff does and that is not right.

[LuckyMe77]

Sure, IDCN ain't the only stock in history that diluted. The problem here is that IDCNs CEO and President Jeffrey R. Bruhjell http://www.indocan.com/corporateinfo.html, lied to his own IR Kenneth R. Ash, Email: [e-mail], Tel # [phone] http://www.stockchartergroup.com/about.html about: "Dilution, what, NO NO NO there ain't absolutely no dilution going on at all, never??!!" (He forgot to add: ...NOT NEVER)

And then Jeffrey hits us with this:

Share Structure
Market Value1 $642,795 a/o Jan 27, 2011
Shares Outstanding 6,427,945,445 a/o Oct 25, 2010
Float 5,609,217,952 a/o Oct 25, 2010
Authorized Shares 10,000,000,000 a/o Mar 26, 2010
http://www.otcmarkets.com/stock/IDCN/company-info

Show me a penny that doesn't dilute at some point and to some degree....

[iblong2]

The problem is that this POS said that there would be no dilution last year and than back door'ed us and changed the registration and diluted the piss out of the stock. He then posted several times on his website that deals were pending and even posted that investors should pick up shares while they were cheap. It is now almost nine months without and news and several years without any meaningful deals yet this scumbag travels first class around the world on our dime.

When all is said and done, I believe that his changing the registration and increasing the A/S will prove to be illegal because their should have been a shareholder vote. Also, suggesting on his website that investors should buy cheap stock and then doing nothing but dilute, will wind up putting his big fat ass in jail!