-------------------- It's easy to sit there and say you'd like to have more money. And I guess that's what I like about it. It's easy. Just sitting there, rocking back and forth, wanting that money. --Jack Handy Deep Thoughts Posts: 64 | From: CT | Registered: Jan 2005
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not sure what it means but i have a sell order in for my last 10 million shares and i see the last trade at .0002. my sell is for .0001 and it isnt filling. hmmmmmmmmmmm.............. good luck to you all.
Posts: 1525 | Registered: Mar 2005
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Im long in this. I believe we are going to score big time. I said the same thing about grsu and today I made 2k off of it. Just got to believe and hold. If you cant afford to loose what you got in this then get out there will always be time to get back in better to be safe then sorry. As with any penny you dont get in it if you dont have the patience or funds to loose
Posts: 332 | Registered: Jun 2005
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This won't climb for a while. This isn't a stock that will rise on a whim. In fact I would be happy if we seen more shares being dumped and bought back by the company which I suspect is going on quietly before we got to otcb. I am still of the opinion that this is a stock for serious investors who can afford to hold very long and wait for the rewards.My only concern with this senerio for the longs is a r/s which I still believe is a possibilty and there fore only those that can afford to loose should be in it.Those that cant and can leave now at break even should do so.
Posts: 332 | Registered: Jun 2005
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quote:Originally posted by DWE: I rather put all my money into The Little Engine That Could Money Fund instead of putting a dime into The "ICAN'T" Corporation.
As much of a declining and frustrating ride its been, I still think this thing is going to pull through. But we'll see in 6 weeks. If they actually post audited financials and move to another board, 2006 will be a great year.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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somethings nagging me on a r/s for some reason. I still think thats going to happen but im in for the long haul either way.Still trying to figure out if the r/s would be benifical or not or if they continue buy shares to reduce the o/s
Posts: 332 | Registered: Jun 2005
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I don't know about the r/s theory. After looking way back into the PR's I see that the said Ed would be buying back shares and also the company would be buying back shares and retiring them.
Unfortunately I've been e-mailing them regarding the company buy back but didn't remember the PR about Ed buying shares. Last month they PR'd that Ed finished his buying. I suspect (and hope and pray) they are just slow in finishing these items.
Hopefully, they are buying back at these levels, there seems to be much more volume the past several days, so maybe that's what they are doing in preparation to move to another board...
Rose colored glasses intended.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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quote:Originally posted by DWE: I rather put all my money into The Little Engine That Could Money Fund instead of putting a dime into The "ICAN'T" Corporation.
How many brain cells did you burn up when you thought that one up?
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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I know its a long shot in theroy but I got that nagging feeling. I usualy get those at times and am 50/50 so far so I hope im wrong. If I remeber right there were alot of shares out and even the little bit that ed bought I don't think would make much of a dent. Like I said I am long in this no matter what. With the PR about them doing a buy out of the finance company I am kind of dumb founded as to why they didnt use the money to buy back shares. I understand why they want to buy the finance co. to its benifit but I owuld have thought the buy back should have been priority. I dont see this stock doing anything in the interm that would increase its share much butin the future I can see this about 1.00
Posts: 332 | Registered: Jun 2005
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quote:Originally posted by amanick: I dont see this stock doing anything in the interm that would increase its share much butin the future I can see this about 1.00
I would take anything at this point, lol
Posts: 145 | Registered: Oct 2003
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Looking back I think Ed gave a 3 year window 2 years ago to grow this company and make it profitible.
I get the deal for buying a finance company. Ed's been in the finance business for some time. I think all this does is give him better access to financing while minimizing all the fees, which can be pretty steep. I hope he'll use this to refinance current loans into better rates and not mortgage the hilt with the current properties.
I'm really curious to know how many shares Ed actually bought. It was never stated but its got to be more than a billion. I would think, I mean that's only $10K, right.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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quote:Originally posted by amanick: I dont see this stock doing anything in the interm that would increase its share much butin the future I can see this about 1.00
I would take anything at this point, lol
Retire what you can, keep the shares the way they are and get me to .05 and I'm finished.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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Anyone have a guess as to what ICAN is worth right now. I know, I know, we don't know the debt load, but if it was sold right now, any guesses. 10 Million? 20 Million? 40 Million?
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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No one really knows what they are worth but them. But I got to believe that something positive will have to come from this if they are to be successful in the future. I see us goin gto otcb soon and possibly a small price influx if we dont have a reverse split. I still have this aching that an r/s will happen doing so will allow them to go to otcb at a higher stock price that may generate more income with feewer shares. I haven't had time to check the other hotel stocks that went to otcb and what they did prior to comming off the pinks but all that I did find on otcb are about .08 a share. I don't see that happening here at all.
Posts: 332 | Registered: Jun 2005
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quote:Originally posted by ACKCANE: Dream on and quit pumping!!!!
Simple terms, say their NOI is $100,000 for all the properties (conservative #) They would be worth a little over $1,000,000.00.
That is an assumption that they are making money.
But no one knows because we have no idea what the real numbers are.
Not tryin to pump just trying to figure out what the hell they're doing. There's not much info outside their unaudited releases. They claimed last year that someone offered them .03/share which I wish they took. I guess this could have been before they diluted the hell out of the stock.
However, unless you believe they used the equity in the property they got off auction last year for other leverage, they've got to be worth more than a million in equity alone.
Sombody mentioned some other companies that made it off pinks that are in this industry. If you've got a name for them please share I'd really like to look into their history to see how they fare compared to ICAN.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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-------------------- Remeber! 99% of penney stocks are scams, but with only that 1% you can be rich Posts: 436 | From: University of Sounthern California | Registered: May 2005
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i have had a bid in at .0001 for 3 weeks now with no fill. the bid is gone but ask is at .0002. strange is all i can say
Posts: 15 | Registered: Feb 2006
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Simply put,the rule of Ican game is like this: You place a 1 dollar bet.It can go to zero or it can go to 2,3,4,5,6,7,8,9,10,and so on.The odd is in your favor.In addition,when you need that 1 buck back to buy a candy,you can say:Sorry,I need my money back, then sell.With all the assets and revenues,Ican is not gonna go belly up anytime soon.That means it is very likely it will go up.This is even more true since the guy at the helm is desperate to see the pps go up.He will do everything in his power to make that happen.It doesn't sound like a fair game of chance.Actually,it is not a game of chance at all.Ed is under the table or in the dice making sure that you win.Poor him.Why do such a thankless job!!!
Posts: 107 | Registered: Sep 2005
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quote:Originally posted by mv: Simply put,the rule of Ican game is like this: You place a 1 dollar bet.It can go to zero or it can go to 2,3,4,5,6,7,8,9,10,and so on.The odd is in your favor.In addition,when you need that 1 buck back to buy a candy,you can say:Sorry,I need my money back, then sell.With all the assets and revenues,Ican is not gonna go belly up anytime soon.That means it is very likely it will go up.This is even more true since the guy at the helm is desperate to see the pps go up.He will do everything in his power to make that happen.It doesn't sound like a fair game of chance.Actually,it is not a game of chance at all.Ed is under the table or in the dice making sure that you win.Poor him.Why do such a thankless job!!!
It's a pinksheet stock and it's a very risky game of chance. I own this and have watched it sit at .0001/.0002 for a long time. Don't buy if you can't afford to lose.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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quote:Originally posted by mv: Simply put,the rule of Ican game is like this: You place a 1 dollar bet.It can go to zero or it can go to 2,3,4,5,6,7,8,9,10,and so on.The odd is in your favor.In addition,when you need that 1 buck back to buy a candy,you can say:Sorry,I need my money back, then sell.With all the assets and revenues,Ican is not gonna go belly up anytime soon.That means it is very likely it will go up.This is even more true since the guy at the helm is desperate to see the pps go up.He will do everything in his power to make that happen.It doesn't sound like a fair game of chance.Actually,it is not a game of chance at all.Ed is under the table or in the dice making sure that you win.Poor him.Why do such a thankless job!!!
It's a pinksheet stock and it's a very risky game of chance. I own this and have watched it sit at .0001/.0002 for a long time. Don't buy if you can't afford to lose.
Yeah, I own this too. I like your positive outlook and I too think it will rise in price. However, there are several outstanding questions:
When will the audit be released? When will the stock move to another board (they say March) When will the company buy back shares? (they posted using a budgeted $500K for buy back for a six month period about seven months ago but have not addressed whether this has happened or not)
I'm hopeful that March will answer all these questions. If the company shows a massive reduction in shares from both company buy back and retiring of shares and the buying by Ed (we still don't know how much he bought) and the company goes fully reporting, does not reverse split and moves to another board, then we'll be in good shape.
That's a tall order. Especially since they are saying a lot of this is to happen this quarter.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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Oh, they also did not provide a monthly unaudited report this month as they have for several months. I like seeing this as it shows a bit of consistency.
Any thoughts on why they did not post this month? Bad numbers? too busy preparing for move to another market? or my wishful thinking, they are still buying back as many shares as possible and want to be able to buy as much as they can before reporting. But I know this doesn't make sense since they never report using A/S O/S numbers.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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Either way at this price im still loading and holding. This is long term for me no doubt. I purchase as much as I can from other winnings so if I loose it in a r/s its not that big of a deal but the upside if ED has any dignity or class he will see this through.If you have no faith or worrying about an reverse split its now time to get out of the game.
Posts: 332 | Registered: Jun 2005
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Ican is a distressed stock made that way by its CEO Ed Hayter. There's value in this stock we need investors that can see the upside of taking over this company. Investors along the lines of Berkshire Hathaway Inc. This company needs to change hands by any means necessary.
So Warren Buffet and Charlie Munger take over this company for sub-pennies on the dollar. LOL
**Boards don't hit back**
Posts: 70 | Registered: Jan 2005
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