quote:Originally posted by dinger51: I can't get PT. I am a teacher at school. Could someone give me some details asap
Here is the details so far. One of the guys on Pal Talk called ed and basically challenged him to start doing his buyback. There is another large investor that comes into Pal Talk frequently have has 550 Million shares. He said he would match every share that ed purchases. So far they both bought 50 Million shares and there are getting ready to do another round shortly. They are ultimately trying to do this to PR it and show that just between two share holders that they own the float and that this is being naked shorted.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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quote:Originally posted by dinger51: I can't get PT. I am a teacher at school. Could someone give me some details asap
Here is the details so far. One of the guys on Pal Talk called ed and basically challenged him to start doing his buyback. There is another large investor that comes into Pal Talk frequently have has 550 Million shares. He said he would match every share that ed purchases. So far they both bought 50 Million shares and there are getting ready to do another round shortly. They are ultimately trying to do this to PR it and show that just between two share holders that they own the float and that this is being naked shorted.
Thanks Leardron, I know you are busy, but whenever you get a chance, keep it coming.
posted
Thanks Leardron! I wish I had some more money in my account I would buy more of ICAN. Oh well...
Posts: 11 | From: Miami, FL | Registered: May 2005
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posted
i love being a share-holder of ican right now,man 500m from ed and 550 from the other investor,that's a lot of shares and still they are buying,never see this before,has anyone?????????
Posts: 207 | Registered: Jan 2005
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quote:Originally posted by going for gold: i love being a share-holder of ican right now,man 500m from ed and 550 from the other investor,that's a lot of shares and still they are buying,never see this before,has anyone?????????
No, but if this is happening, this may just work!!
quote:Originally posted by NomarKash: Leardon, what is the float according to Ed?
Ed is still swearing up and down it is only at 1.5 Billion after the divy. If that's is true, and we do believe him, then they are shorting the crap out of this. Hopefully the MMs are crapping themselves right now.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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quote:Originally posted by dinger51: Is anyone else going to buy more?
Here comes the next run. That big block was from the investor, now it is Ed's turn. I am loving this.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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posted
well you have to give ed some credit,battle of the giants ,lol by the way hope that the mm's some day need to get a loan to pay there naked shorted,maybe ed can give them a loan as in 35% intrest rate Posts: 207 | Registered: Jan 2005
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I hope this makes news and how a CEO saved his company from naked shorting... I believe its being naked shorted now with this much volume crap ass movement...
-------------------- You wouldn't have the opportunity to be such an idiot... Posts: 577 | Registered: Nov 2004
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posted
if all the shares out for sale are at .01 or higher that should squeeze the hell out of the mm's jmho
Posts: 629 | From: new england | Registered: Feb 2005
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quote:Originally posted by Runamuck: I hope this makes news and how a CEO saved his company from naked shorting... I believe its being naked shorted now with this much volume crap ass movement...
Yep, that's the other part of the proof. If we hit 1 Billion share traded today and it doesn't make a significant move, They have their proof to the world that this is being shorted by the MMs.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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quote:Originally posted by stockaholic: What room on Pal Talk do they use?
Penny Stocks-ICAN. If you do a search of the rooms and just type ICAN,it will bring it up.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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posted
dear lord the skrimish has turned into a war. good idea maybe we should all put our shares out for .001
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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leardron question for you,,what will ed and the other investor do with there shares,once the mm 've stopped the shorting,thing is ,those shares they 're buying today don't really exist,according to the o/s ed gave us .
Posts: 207 | Registered: Jan 2005
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quote:Originally posted by going for gold: leardron question for you,,what will ed and the other investor do with there shares,once the mm 've stopped the shorting,thing is ,those shares they 're buying today don't really exist,according to the o/s ed gave us .
Well, here is the thing. I don't think Ed really believed until today that ICAN was being shorted. After seeing the volume himself and knowing that he and this other investors have made these large buys but it hasn't move now has him pissed. What he could do it call a halt to trading on ICAN after this and pull all the certs and do a share count. When he proves that the MMs have shorted the stock, they will have to buy back all those shares that they shorted. Whether he will do that or not, I am not sure.
The other thing is if he takes the company private, like he said and owns all the float, he can turn around and basically set any price he wants for the buyback and screw all the mms because they will have to cover that cost.
Guess we will have to see what Ed does. I think this really opened Eds eyes as to what is happening on the pink sheets.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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quote:Originally posted by dinger51: I can't get PT. I am a teacher at school. Could someone give me some details asap
Here is the details so far. One of the guys on Pal Talk called ed and basically challenged him to start doing his buyback. There is another large investor that comes into Pal Talk frequently have has 550 Million shares. He said he would match every share that ed purchases. So far they both bought 50 Million shares and there are getting ready to do another round shortly. They are ultimately trying to do this to PR it and show that just between two share holders that they own the float and that this is being naked shorted.
im still only showing 39 mill on the nasdaq site
good work leardron
Posts: 629 | From: new england | Registered: Feb 2005
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,lol by the way hope that the mm's some day need to get a loan to pay there naked shorted,maybe ed can give them a loan as in 35% intrest rate ![[Big Grin]](biggrin.gif)
