quote:Originally posted by bond006: leardron what is talk on pal talk some of those people talk to ed have you heard anything?
VAB cowboy was on earlier and bascially said he talked to Ed and all he said that Ed said was it isn't him selling and that he is really sick of the situation and that he is still planning on ungaging the TA after close on the 29th. Basically the same old crap. We have pretty much reserved ourselves to the fact that we are taking Ed to court if he doesn't come clean by the end of the month. We are getting fed alot of crap by either Ed or the MMs. At this point with no bid, we really don't have a choice but to hold.
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Usually means the kiss of death when you see the 00's.I wouldn't be suprised if we came in one morning and saw the old dreaded REVERSE SPLIT.So we can cry to Ed and say you promised you wouldn't do a R/S.That's just life in sub-penny land.So keep on buying millions of shares of this when theres other companies you can actually make some money on.
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quote:Originally posted by bond006: leardron what is talk on pal talk some of those people talk to ed have you heard anything?
VAB cowboy was on earlier and bascially said he talked to Ed and all he said that Ed said was it isn't him selling and that he is really sick of the situation and that he is still planning on ungaging the TA after close on the 29th. Basically the same old crap. We have pretty much reserved ourselves to the fact that we are taking Ed to court if he doesn't come clean by the end of the month. We are getting fed alot of crap by either Ed or the MMs. At this point with no bid, we really don't have a choice but to hold.
ican is a good company Ed is a p.o.s. sue his ass
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I like to think that people are inherently good, Ed as well, but look where that got me. I can only imagine that things will look much better after the O/S is ungagged, just wish Ed would make it sooner than later. Good luck to all. I can't watch this anymore I'm sick.
-------------------- It's choice - not chance - that determines your destiny.
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quote:Originally posted by mikensay: I like to think that people are inherently good, Ed as well, but look where that got me. I can only imagine that things will look much better after the O/S is ungagged, just wish Ed would make it sooner than later. Good luck to all. I can't watch this anymore I'm sick.
All I can say is if I can ever get my money back from this mess, this will be my last pink sheet I ever get into.
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as william bendix said on the life of riely what a revolting developement this is ric pic started this thread and he said he and a partner had some 254million shares i wonder what he has to say about this mess
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Good grief people,Get a grip - oh whaaa whaaa.Enough already its microcap stocks.We all wanted this to go sky high and all be rich.Can i just ad my 2 cents worth.We didn't hit the lucky numbers.We can all try to sue but most of US knows how risky these stocks are and thats just the way it is.So lets all try to take a deep breath and say WE ARE NOT IN KANSAS ANYMORE and buy a profitable stock.
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well if a r/s is coming and i mysel have went thru a few. they are not pleasent. but the ones i went thru in the past the ceo was never on a soap box saying never under his watch. if there is to be one.
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quote:Originally posted by ya ya: Good grief people,Get a grip - oh whaaa whaaa.Enough already its microcap stocks.We all wanted this to go sky high and all be rich.Can i just ad my 2 cents worth.We didn't hit the lucky numbers.We can all try to sue but most of US knows how risky these stocks are and thats just the way it is.So lets all try to take a deep breath and say WE ARE NOT IN KANSAS ANYMORE and buy a profitable stock.
I agree with the microcap but this particular stock was played totally different than any other CEO has played it. He came onto 3 different public forums and spout that the O/S was 1.3 Billion, plus he said in these forums that he would make sure that he would notify the shareholders of any changes to the sharestructure which obviously he has not done. There are a bunch of other things that he out and out lied to shareholders about. Most of the CEOs at this level just don't say anyting at all and just kill you like vwmg did. Believe me there is difinitley a case here if he has scammed us.
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Lets stay civilized people. Nothing has happened thus far so stop speculating and stop name calling. If a R/S comes, then we can blame Ed and ourselves for believing in ICAN.
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I agree with you Bond.I also heard a many times in pro sports a general manager saying the manager is safe he will guide us for years to come and within a month he is Fired.That's why i don't take a lot of what's said to be worth anything.Once a company goes public its a differant game.They work for the top shareholders and if they are not happy then things will change.
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yes you are 100% right leardron to do something that can be done and never say you will or won't is one thing,and you are within the rules. but to publicly announce a policy and keep on making those announcements while you are taking a totally different course is a whole different story if that is what happened. it would be veryterrible for us if we were misled by ed and it would be the complete ruin of ican imho
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quote:Originally posted by NomarKash: Lets stay civilized people. Nothing has happened thus far so stop speculating and stop name calling. If a R/S comes, then we can blame Ed and ourselves for believing in ICAN.
i try to stay civilized but when someone starts saying crap like waaa waa like losing so much money is funny, people get what they get sorry if i offended anyone just a little stressed right now and i dont need crap like that
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actually they were sells. Buys show up as green or blue on the t/s list. These all showed up red. I am just trying to help, I have been watching this stock and decided to stay out. Good luck.
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I've been wrecking my brain where the insane volume over the past weeks, mostly at 0.0001, is coming from. If for the sake of argument we believe Ed that it's not him dumping shares, who else is selling insane amounts of shares?
It struck me this morning that what we actually may see is simply a hedge fund or MMs moving around a huge naked short position (perhaps 1 billion shares or so). Assume you have 1 billion shares naked shorted, which you need to cover sooner or later to make money. Now, every few days you put in a huge buy order at 0.0001 to "cover" your short. Since there aren't enough real sellers (yet), at the same time you naked-short the same amount of shares with another broker/MM, also at 0.0001, and apparently "cover" your initial short position. Why would you do that?
1 - You can make sure your naked short position doesn't show up on the "short list" (regulation SHO), since the MMs don't hold the short position for more than 5 days
2 - You make it much harder for Ed to do a share count, since the naked short position is a "moving target"
3 - You ceate the appearance of enourmous sellig pressure at the ask of 0.0001. In the process, you frustate all honest investors like us, since we see all sales at the ask. If you continue this game long enough, many of us will give up and sell our legitimate shares, and you can cover your short position for real.
This is just pure speculation, of course, but it makes some sense if you believe in the naked shorting idea at least.
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I am also a shareholder in this company and been through many R/S and i don't think it's funny.I probably have less invested in this company then most of you but i get in these for the rush of someday hitting another TASR stock which probably will never happen again but i really like the ride up.So we need to spread our money out and try not to buy millions and millions of shares of this because the chances of this going up a lot is very slim with the o/s well over a billion.So in reply to you BFREAKINGOUT i feel your pain.
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That because when you naked short you RARELY cover your position... You just hope the company goes under. I hope this is nto the case. Only time will tell...
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I'll preface this by saying that I am not very happy about the situation. I'm long and deep into this stock.
I'm going to, as hard as it is, wait for the end of the month. I'm trying to remove emotion from my thoughts which isn't easy. At this point in time, Ed is following exactly what he said he would do. Unfortuneately, this also means that he has done nothing that any of us can tell. If, by the end of the month there aren't answers, then it will be time to decide on a future course of action.
As hard as it is, I'm trying to give Ed the benefit of the doubt here. Maybe he is over his head with this. Maybe it's spiraled out of control on him. Maybe he doesn't know what to do. Maybe he is listening to people he shouldn't. Maybe he has something up his sleeve and it's setting up. I don't know. Maybe he's swindling the shareholders. That has to be considered. There are a lot of double edged swords out there for him. A R/S would do a lot towards clarification, but label him a swindler and liar.
If I was Ed, I would cringe every time the phone rang. I don't think he is getting anyone calling with support and encouragement. I'm sure that most calls are some variation of "you dirty scumbag swindler, what are you going to do for me!?!". I'm not going to judge him on being silent as I would likely do the same.
The reality of the situation is that most of us are powerless and can do nothing but sit and wait for the end of the month.
I still hang on to the hope that he has something spectacular up his sleeve for the end of the month. Everyone is expecting a man in a rowboat to humbly emerge from the fog bearing lies and false promises. I'm hoping that a battle ship emerges guns ablaze. I'm sure that a barage of data, news and answers would do wonders for this stock.
At the end of the month I will be ready to fall in line either with or against management. It's their choice as to which side I choose. If they are going to fight for ICAN, then everyone needs to simply support them. If ICAN goes to war over it's stock, then all the shareholders will need to be behind them. If it turns out otherwise, it will be a long slow and likely fruitless endeavour.
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ya ya i hear what you are saying but after listening to ed for months promising everything that he did it was hard not to beleive him. how could a ceo go on public record spouting off the the things that he did if he didnt mean. it normally i would have never invested some much into a pink company. and sorry about the f u thing and by the way its bmaxingout,....lol
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