Replies to post #61021 on Indocan Resources Inc. (IDCN)

[sentraman]

Wowzer, 10 billion and people bought into this one? makes me wonder why I seen this post:

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LOL your talking like pinks above all that...

xxxx is nothing special other than its being floated... till the boat sinks... we have seen that occur many times over by all those special pinks.


real

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seems like a fair weather person..............wonder what the 200, 50 and 13 day M/A is? lol

[sentraman]

The CEO diluted the float from 4.9B to like 8B and hid it by moving the state of incorporation and not updating any SEC or Pink Sheets records (no 8K's) and therefore no one knew where to check for the current share structure. In the current state, Wyoming, you do not need to declare an Authorized Share count, the net result is that it is unlimited. A company, or in this case a single man, can print new shares anytime he wants.