Replies to post #13538 on Inelco Corp. (fka INLC)

[EarnestDD]

Still NO Bid ... It is DILUTION.
jmo

[EarnestDD]

Here is Dror's source of Dumping shares.

Oh January 8, 2012, the Company and its former Chief Executive Officer entered into an agreement to terminate the executive compensation agreement and the Company issued a convertible promissory note for the accrued compensation and interest thereon totally $501,425. The note is due January 8, 2013, bears interest at 6.25% and is convertible at the lower of 1) a price of $0.001, or 2) a seventy-five percent discount to the previous day's closing bid price if the closing bid price is $0.0015 per share or less.

jmo