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ima i only know upto 500 but did somebody see a signal today or what do you think is up
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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May 25 2005 IBAC Corporation is High Bidder for the Memphis Airport Ramada 5/25/2005 6:24:01 PM IBAC Corporation (PINK SHEETS:ICAN) today announced that the company was the successful high bidder for the 127 room Ramada Airport Hotel in Memphis, Tennessee (Two Miles From Elvis Presley's Graceland) along with a separate parcel that includes a free standing restaurant (5000 square feet) as one package, the winning bid was $1,725,000 plus auctioneer's fees to be paid in cash, the company will take possession on June 28, 2005.
"We are very excited about the addition of this Memphis property to our portfolio, the location and proximity to the Memphis airport and Graceland is simply wonderful along with being located only two hours from our Pine Bluff location it is a very manageable situation." Said Gary Becker President The Royal Arkansas Hotel & Suites
"I am very happy with the win at this auction as we were able to obtain a property that we coveted substantially below market value, we were determined to bring this prime property into our portfolio and we did, this property will add significant additional revenues and exposure in a major market." Edward W Hayter President IBAC Corporation
Posts: 251 | Registered: Jul 2004
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2000 means MMs need shares. 2100 means LET IT RUN.
So the answer to the 2000 signal = I NEED SHARES.
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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well i am curious as to what is going to happen today.my hopes is a pr with some meat to it.maybe one stating the retirement of a large number of shares.i wonder how many investors are in ican.im the only one that i know of besides you allstock players.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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yesterday i predicted a large volume day today i shut the hell up.,.....lol
Posts: 629 | From: new england | Registered: Feb 2005
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Here is an awesome Idea I thought of that Ed should do which would fix everything. This is just my brainstorming.
I would do a reverse merger of ICAN into a fully reporting stock. I would give everyone 1 share of the the new stock for 1000 shares of ICAN and have the share price of the new stock start at $1.00 pps. So if you have a Million shares now, you would end up with 1000 shares but at a $1.00 pps. Also this would drop the current O/S which it thought to be around 5 Billion shares down to 5 Million shares. With the current assets of the company you should easily be able to maintain the $1.00 pps. Also right off the bat you are giving the current share holders a nice gain if they want to sell right away. for example if you buy a million shares now it will cost you $200. The million shares become 1000 shares at $1.00 so now they are worth $1,000. You just made 500%. I think this scenerios makes everyone happy and maintains the new pps price.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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GTEL, now GTE, just basically did that. In order to move from OTC to AMEX, they were required to present a substantially better pps as well audited financials, etc. They split 1:15 and made the move. They are currently trading at $3.28.
-------------------- Just the facts, ma'am. Posts: 1083 | From: New Jersey | Registered: Mar 2005
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just came on board i hope we all have a good day it was sure a different day yesturday. one thing i can say about ican it has been an interesting ride. it sure has kept my life interesting and involved. now all i want is to make a little money glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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i second that leardon for ceo of ibac corporation.i normally dont like reverse merger or splits but in this case with all the uncertainties as to how many shares are being naked shorted this could put a huge kink in the market makers pockets forcing a giant short squeeze.this is all just my humble opinion but if we valued this company @ only 5 million dollars i think we are a bit crazy.i would love to see a one for a thousand reverse split that could eventually turn your lets say 1 million shares into 1000.i then think these new shares could go as high as 3-5$ per share.im absolutely amazed at the current pps with all that has happend with ibac these last 8 months.i am holding my 8 million for the long haul.please ed do something to help out us faithful longs.keep in mind that this is all just my poor hopeful thoughts and should be taken with a grain of salt.please dont buy on my actions do your own dd and learn who is a valuable member to get info from and who simply wants your shares at a cheaper price.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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well i hate to say it but if it keeps on this way ed may be forced to eat his words and do an r/s it could have a benifit to us and maybe we would have a better chance of seeing green and moving on to a higher pps also like getting us off the pinks just a thought imho
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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i owned a while back cdvj which i pretty much gave up on.they did some sort of swap or sale of thier assets to btxi botaniex.i did not sell my shares but after the reverse merge or whatever happend the shares spiked to about 20 cents a share returning lots of money to those that continued to hold their shares of cdvj even though the company and ceo seemed like a total scam.i am still holding btxi a chinese herbal company.its down to only .04 cents but one day this stock may just go to 40 or 50 cents.im glad i held onto my cdvj and i am very excited to see what our future holds in ican.good luck to you all. sincerely noah.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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quote:Originally posted by bond006: well i hate to say it but if it keeps on this way ed may be forced to eat his words and do an r/s it could have a benifit to us and maybe we would have a better chance of seeing green and moving on to a higher pps also like getting us off the pinks just a thought imho
If Ed does a R/S , the stock will be known as a scam.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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quote:Originally posted by bond006: well i hate to say it but if it keeps on this way ed may be forced to eat his words and do an r/s it could have a benifit to us and maybe we would have a better chance of seeing green and moving on to a higher pps also like getting us off the pinks just a thought imho
If Ed does a R/S , the stock will be known as a scam.
Yea, especially when he has been out in public forums saying absolutely no reverse splits.
Just an FYI and the reason I got to thinking about a reverse merger is because there is an investor that comes on Pal Talk that said he got his partner, that has 34 years experience with bringing companies up to the bigger exchanges and making them profitable, to talk with Ed about what he should do. The recommendation is to do a reverse merger. Now whether Ed listens to the guy or not I have no idea. Also, again this was just my scenerio, the partner didn't say what the terms of the reverse merger would be that he is recommending.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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another thought if he gave us all a cash dividend that would raise the pps and put the mm's in a bad position for a while. imho glad to get a response out of you guys you were pretty quite yesturday
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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now lets look at a 500% gain that would be like going from .0001 to .0005 sorry but no way. i bought into the .03 pps that the buy out would have been for. a reverse split and ed is going to court. sorry jmho
Posts: 629 | From: new england | Registered: Feb 2005
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quote:Originally posted by bmaxingout: now lets look at a 500% gain that would be like going from .0001 to .0005 sorry but no way. i bought into the .03 pps that the buy out would have been for. a reverse split and ed is going to court. sorry jmho
actually when I was using the 500%, I was using .0002 as the base which would be like going from .0002 to .001 but I understand where you are coming from.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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people look at it this way at the current pps the entire a/s is now only worth 1.2 mill, the float at the worst is 6 bill thats 600,000 we have almost 5 mill in assets alone come on, dont cave now
Posts: 629 | From: new england | Registered: Feb 2005
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not caving in i hold for the long run if i did not think there was something here and if i did not believe in the company i would have bailed out a long time ago. plus the fact i am buying more all the time up to 15million shares now and my goal is 20million at these prices. glta if any body has any ideas or hears anything please post Posts: 6008 | From: phoenix az | Registered: Mar 2005
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I see only 2 ways to look at ICAN. Legit or not. If they aren't, end of game and we already lost.
If they are legit, wait on some info by the end of the month. There really isn't anything to lose at this point by giving ICAN 2 weeks. By then, we should have some better numbers and hopefully a roadmap. If ICAN is what it claims to be, this short term weakness will be fixed.
I'm still buying. I've lost more before and will likely lose more again buy buying is the only chance to win.
Posts: 97 | Registered: May 2005
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well they are legit as to the assets the co owns. people have ate in the resturants slept in the hotles we have news paper articles to verify purchases. the only gripe i have ever heard from investors is the pps and that should be setteled buy the end of june one way or the other. i have a feeling we won't get hurt and we will be rewarded in the end.
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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bond006 i sure hope you are right.i like many others have lost lots in the past and will likely lose again but i also am holding on for this to unravel.i will hold on as long as it takes to either make a chunk or lost it all.my inpoint is somewhere around.00035 per share.i have 8 million that are not for sale and have been registered at the website someone posted for us regarding nss.i hope that all of us can one day meet eachother and laugh at "remember when we were at .0001-.0002". that will be the day .we shall drink the best of wine's in our restuarant and order primerib or a nice peice of fish for everyone and be merry and wealthy.it takes a dreamer to dream and those that dont dream dont have dreams come true.i know that sounds fluffy but thier is a bit of truth to those words all in my very humble opinion.
sincerely noah.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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noah the only way you can win is to get into the game. i don't know how it will end but on the asset side we are there.pps well i don't pretend to be an expert to say i know for sure.end of june we will find out a lot. let us all hope for the best glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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yes i aggree with you all the way bond006.ive been in the game for about five years now and ive already lost enough to buy both my parents a nice house.oh well i still intend on retiring before im thirty so we shall see.im currently 25 years old and i love micro penny's and i have gained alot of patience these last couple of years im willing to ride one out that is the way to make fortunes.you have to be able to hold onto your shares for a real run up.not just a two day run where you could double or triple your money.im talking about taking a stock like ican up from .0002 to .01-.02 or taking for instance qbid from current levels of .0018 to .10.i intend on holding many of my positions until they are very ripe and always holding onto 100k just to see what happens.best of luck to you bond006 and many others by the way how old are most of you that i chit chat with just a curious young cat hehehe.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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noah i am 56 years old and been doing this off and on in my life since iwas was 25years old sorry to say i have had some very bad experiences too i am still waiting for that huge big hit that will put me in paradise in my golden years
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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see now we are being up beat again ican will rise it might just take a little longer then we had hoped .03 or bust,.....lol
Posts: 629 | From: new england | Registered: Feb 2005
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I agree with you Bond006,I have been in this for a while and been mostly painful.I think we are all dreamers and believe we will hit the big one some day.Most of us won't but the idea of a stock going from .0001 to .01 is certainly a rush and keeps us going.We would all love to have a TASR stock when it was real low and went up big time with a couple of forward splits - now thats heaven - but in the real world that's one in a thousand or more.So with that being said i will stay in ICAN for the long term hoping they will go way up but in reality just hoping it doesn't revearse split on it's way up.When we stop dreaming we stop living.
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
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