quote:Originally posted by Leardron: Hey, just to give un update for the guys over at Pal Talk. I just checked in this morning and they said that Ed came on line last night and talked to the guys. Here is a summary of what he said.
1. He is very close to completing the 500 Million share buyback. Basically he was about to say it was complete but then changed it to "He is very close" nudge, nudge, wink, wink. Probably advised not to announce that until an offical PR is put out.
2. He also said he is going to put out a PR today about the share count to try to clear up some things as far as what is outstanding and restricted, etc.
3. Another big one is that he feels the Divy for the rollover shares will be done by the end of June. He said the problem is the SEC takes forever to update the information. He said they request information from him and he sends it back and it takes 30 days before tell him wheter they need more info or not. So everytime they need more info, it is another 30 days. He said he thinks everything has been covered and that's why he is saying the end of the 2nd Quarter which is end of June.
4. He said they are still working on some other acquistions but at this point the Bonita Springs is probably going to be the next acquisition but who knows, some of the other ones could come through in the mean time.
5. The Sanibel restaurants are definitley going to be assets he rolls over to the new stock.
6. On a side note Ed also mentioned that he is upset about the slanderous comments that are being said about him on Raging Bull by some of the members and if they don't stop he is considering taking legal action.
That's about it in a nutshell. If there are any other posters here from Pal Talk that sees anything I missed go ahead and add on. Keep an eye out for the PR.
Just wanted this to show on this page. It might have got missed on the other one.
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thank you leardron for the input from pal talk good pr this morning looks like the puzzle is coming together and we will the ed's plan unfold. like runamuck says now we juct need this to move. go ican gooooo!
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IMHO mm's need to keep this one down so that they can buy back what they oversold.with the div coming they will need to cover their a**es im not really expecting to see the pps go anywhere untill after the 15th hope that im wrong jmho
keep up the great work ed buy large and hold lets shut out the day traders our day is coming soon
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quote:Originally posted by noah129: now trying to get in at .0004 still no fill.hope i get in soon.this one should be back @.001 soon in my humble opinion.
I would be interested in know how long it takes you to get it filled at .0004. To me you should get in right away since the ask is .0004. I think the mms are not processing orders to keep the price down.
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at some point the orders will be backed up to where they will have to fill even if it is at a loss for them. stick it to the rotten SOB's i love to watch them squirm
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hey i got filled rather fast @.0004 im stoked the orders are lining up it appears someone is stocking up bigtime much larger than i .i currently own 3.3 million and will be adding everyweek as long as we are at these levels.good luck to you all sincerely noah.
-------------------- gotta know when to hold em and when to ..........
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hey i need help? i have not been one to daytrade any of my penny stocks especially this one and qbid but i might try and swing this one if i get up enough what do you think would be a good point to sell at and try and buy back in later.im thinking @ around .0006-.0007 if we run that high then buy back around .0005.not sure if its worth it this stock could be in the penny range this year.help i dont want to be a bagholder i always hold the bag hehehe.
-------------------- gotta know when to hold em and when to ..........
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Short-term (few months) I think this will hit .001 again. In a year I think we can get to .005, not until '07 do I think we hit pennyland. All my opinion of course.
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quote:Originally posted by Ramius: Longterm...1 year or more, what are you guys hoping(realistically) for out of this stock. .005, .01? what do you think?
Well it depends on what you are talking about, ICAN or the spinoff stock. The shell for the spinoff stock is already around $2.00 per share so when we get our shares of that we will already be in dollar land. As far as what will happen with ICAN I can't predict. It depends on what Ed does with it. If he continues to use ICAN as a proving ground and then keeps spinning assets off to another stock, the accual pps might not ever get out of the subpenny but it will still have incredible value because only ICAN holders will get the spinoff shares.
If he decides to just spinoff Sanibel and then keeps the rest of the assets in ICAN from here on out then I definitley think this will see a penny within the next two years.
Ed also eluded to last night that he is now considering moving ICAN itself to a fully reporting company sometime after the Sanibel spinoff. That would be awesome if he decides to do that.
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I haven't been watching this one very long, but one thing I really like is that they do what they say they're gonna do, pretty much right on schedule. I haven't seen too many like that.
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hey all buying sure seemed to dry up this last hour.im predicting that this next half hour is when some will start to accumulate at .0004.just wanted to say to anyone who cares to know i am planning on going to florida soon and will be going out to eat at the sanibel steak house.when this happens i will be sure to give you all a very thourough update on how the restaurant is running.i am very critical when it comes to going out to eat.i waited tables for over 5 yrs so i know when you are recieving good service and when they are being lazy.i also never mind paying extra money for a nice meal in the 30-50$ range per plate but when you pay these prices you expect to get fresh food at least.so basically i will tell ya'll how it goes after i get back .
-------------------- gotta know when to hold em and when to ..........
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quote:Originally posted by noah129: hey all buying sure seemed to dry up this last hour.im predicting that this next half hour is when some will start to accumulate at .0004.just wanted to say to anyone who cares to know i am planning on going to florida soon and will be going out to eat at the sanibel steak house.when this happens i will be sure to give you all a very thourough update on how the restaurant is running.i am very critical when it comes to going out to eat.i waited tables for over 5 yrs so i know when you are recieving good service and when they are being lazy.i also never mind paying extra money for a nice meal in the 30-50$ range per plate but when you pay these prices you expect to get fresh food at least.so basically i will tell ya'll how it goes after i get back .
Noah, I believe you will come back impressed. I've eaten at all three locations. Naples, Bonita Springs and Sanibel. The service has been great every time I go. The food is high quality but I think the service is even better.
The reason I belive in ICAN is because I have seen first hand how the restaurant side of their business is run.
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thanx nomarkash, im excited to eat their i am planning on taking my grandparents out for a nice meal and some wine.i cant wait to see first hand what i am invested in.i intend on holding most of my shares for the long haul in hopes these special spinoof divies are as good as we think they might be.i appreciate you letting me know that you have eaten there and beleive we will all do very well 2-6 months out on ican.
-------------------- gotta know when to hold em and when to ..........
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quote:Originally posted by Ramius: Longterm...1 year or more, what are you guys hoping(realistically) for out of this stock. .005, .01? what do you think?
Well it depends on what you are talking about, ICAN or the spinoff stock. The shell for the spinoff stock is already around $2.00 per share so when we get our shares of that we will already be in dollar land. As far as what will happen with ICAN I can't predict. It depends on what Ed does with it. If he continues to use ICAN as a proving ground and then keeps spinning assets off to another stock, the accual pps might not ever get out of the subpenny but it will still have incredible value because only ICAN holders will get the spinoff shares.
If he decides to just spinoff Sanibel and then keeps the rest of the assets in ICAN from here on out then I definitley think this will see a penny within the next two years.
Ed also eluded to last night that he is now considering moving ICAN itself to a fully reporting company sometime after the Sanibel spinoff. That would be awesome if he decides to do that.
Where did we hear what the symbol is and how did we get the pps??
Also, has it been determined what the divy will be for the spinoff shares?
-------------------- A day without dreams is just a nightmare!
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i havent heard what stock it is or what the symbol is or how many shares we will get in accordance with the amount we own.if anyone has info on this i would love to see a link to that info.thanx sincerely noah 3.3 million long and strong.
-------------------- gotta know when to hold em and when to ..........
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quote:Originally posted by Ramius: Longterm...1 year or more, what are you guys hoping(realistically) for out of this stock. .005, .01? what do you think?
Well it depends on what you are talking about, ICAN or the spinoff stock. The shell for the spinoff stock is already around $2.00 per share so when we get our shares of that we will already be in dollar land. As far as what will happen with ICAN I can't predict. It depends on what Ed does with it. If he continues to use ICAN as a proving ground and then keeps spinning assets off to another stock, the accual pps might not ever get out of the subpenny but it will still have incredible value because only ICAN holders will get the spinoff shares.
If he decides to just spinoff Sanibel and then keeps the rest of the assets in ICAN from here on out then I definitley think this will see a penny within the next two years.
Ed also eluded to last night that he is now considering moving ICAN itself to a fully reporting company sometime after the Sanibel spinoff. That would be awesome if he decides to do that.
Where did we hear what the symbol is and how did we get the pps??
Also, has it been determined what the divy will be for the spinoff shares?
No, he didn't say how the divy would be handed out nor did he say what the symbol was of the spinoff
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