posted
i would be stoked just to see anything above .0004. but i truly do beleive that if one has the patience this stock could actually jump one day and be heading towards a penny.i would suggest to all to do the opposite of anything i say though as lately i have had some really horrible picks and the picks i have followed from others havent been so hot either .so basically people just let me keep accumulating a stock that will most likely reverse split then change the ticker symbol and start to sell me more shares.oh poor baby i know its a sappy post but im a total gambler and have nobody to blame for this expect myself.the thing i always try to remind myself when i look at my positions and see giant red positions (down big on penny stock plays) is that it only takes one to gap up nicely or report some breakout news for it to cover all the red in my account. so basically i am a bagholder hehehehe
13 mil qbid 21.5 mil ican 8 mil prrm 1.8 mil gmci 130k twog
and many many others that are so embaressing to admit i bought that i wont even post them hehehehe . folks i think ive gotten delerious im going pink sheet bonkers. ttoooootoottoooo much red not enough patience hhhhheeeeeeeelllppppppppp!!!!!!
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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dude u should get in hisc today at .088 that is a bargain! if i had more $ id jump in on it... ive been in since .04 , and more at .07 its the best pink around!
-------------------- "...Luck isn't some mystical energy that ****** around the universe randomly bestowing people with satisfaction and joy. You create your own luck" Posts: 65 | Registered: Jul 2005
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posted
If anyone can get on to the Ibac website there is a message to the shareholders from ED. However, I've clicked on it and am unable to get anything. If you're able to open it please copy it to this board.
-------------------- 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 mikensay: If anyone can get on to the Ibac website there is a message to the shareholders from ED. However, I've clicked on it and am unable to get anything. If you're able to open it please copy it to this board.
Good find mike - no luck getting the link to work though. Also looks like the whole site is down now.
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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posted
They must have updated it, here is what it says...not a whole lot but anyway:
To All Our Loyal Customers,Shareholders and Employees:
I will be providing periodic insight to the progress and status of the company beyond standard press releases via this forum, please check back regularly for my messages,please click on the links below.
Kindest Regards,
Edward W Hayter Chairman, President & CEO IBAC Corporation
August 31,2005 - Letter To The Shareholders From Edward W Hayter PresidentPosts: 61 | From: Baltimore, Maryland | Registered: Feb 2004
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quote:Originally posted by scoopman: They must have updated it, here is what it says...not a whole lot but anyway:
To All Our Loyal Customers,Shareholders and Employees:
I will be providing periodic insight to the progress and status of the company beyond standard press releases via this forum, please check back regularly for my messages,please click on the links below.
Kindest Regards,
Edward W Hayter Chairman, President & CEO IBAC Corporation
August 31,2005 - Letter To The Shareholders From Edward W Hayter President
Scoop-that has been up there for a while. Its the Aug. 31st link that we can't get to work. If you click on it it goes to a blank page (for me at least).
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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no fills for me either lately.i was able to buy some a small amount a while back for .0001 but still have an open order for 2.5 mil at .0001 that doesnt seem to be filling.ill take this as a good sign but i am not happy with the lack of interest in this little promising pennystock with a great ticker symbol.im a beleiver in the power of a good ticker symbol.remember siri, or boom, or many others that were easy on the eys and easy to remember.just a thought.i think ican i think ican ICAN A STOCK THAT WONT GIVE UP.
HEHEHE OK NOW IM JUST BEING SILLY BECUASE IM A GIANT BAGHOLDER OF ICAN.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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well this week i sold and took quite a beating hope that you all do well but im going back into tnog looks like its ready for another big move and did not want to miss out again.was hoping that the pps would come up to atleast to .0004-.0005 but that doesnt seem likely. so hoping to make up some lost ground again good luck to all
Posts: 629 | From: new england | Registered: Feb 2005
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quote:Originally posted by bmaxingout: well this week i sold and took quite a beating hope that you all do well but im going back into tnog looks like its ready for another big move and did not want to miss out again.was hoping that the pps would come up to atleast to .0004-.0005 but that doesnt seem likely. so hoping to make up some lost ground again good luck to all
Good luck. I'm sticking it out. I still believe in ICAN and Sanibel Steakhouse.
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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posted
Here is the letter Ed wrote to shareholders on August 31.
PRESIDENTS LETTER TO SHAREHOLDERS & EMPLOYEES August 31. 2005
Dear Shareholders & Employees, I would like to start by thanking all of our employees at the southern hospitality division for all the hard work and long hours that they have been putting in during this time of disaster as both of the company’s hotels are booked to capacity in Memphis and especially Arkansas. As some may or may not be aware that the hotel in Pine Bluff is attached to the city’s convention center and the center has been opened as a disaster relief facility and is being staffed and operated by the American Red Cross. Our company is providing all the food & beverage service (three meals a day) for the Red Cross along with lodging for the Red Cross volunteers at a fair and equitable rate. I encourage anyone who would like to donate or volunteer to The American Red Cross you may do so at http://www.redcross.org. Our company will continue to assist in any manor necessary. Our prayers and wishes go out to all the victims and their families. My Deepest Prayers, Edward W Hayter President & CEO
Posts: 70 | Registered: Jan 2005
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i see this as an honest attempt for ed to be decent and probably help out his own company.think about it they are supplying food and beverage to their max capacity for an indefinite amount of time.i used to work at a restuarant where they catered to fire men when the forest fires came in summer times out west.it added huge amounts of cashflow while at the same time giving honest people things they do need at a discounted price.anyways i wouldnt be surprised now to see this stock possibly catapult up to the .0004-.0005 range.im not pumping although i would love to see those ranges again. i just really think that if ed is not still diluting the u know what out of us we might be looking at some green soon.
anyways nobody should buy this stock if they are looking for excitement as it has been extremely boring to watch.also take everything i say with a grain of salt i am a monsta bagholda hehehe.
21,500,000 long .........what could it be worth 21 bucks? hehehehe.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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noah you are no more a bag holder than the rest of us that wanted the story to be true
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
Some of you may be bored with this stock. I still believe at some point it will have some good movement. If anything this is a great place to buy at .0002 and sell at .0003 although it could take a week or so to get back to .0003. All my opinion.
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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IMHO Ed needs to get off his ass and get the company fully reporting and off the pinks. Now is the perfect time, the hotels have guaranteed income also the food and beverage division. If he doesn't make any positive moves during this time im out.
---------------------- Boards don't hit back.......
Posts: 70 | Registered: Jan 2005
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hi just wanted to let everybody know i am still here just i have nothing to say
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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I can't decide on whether to buy more or just sit tight. I don't like that it has gotten too quite, minus Ed's memo on the website.
I expect we should see their standard monthly financial update within the next week. However, since they aren't fully reporting that does very little to boost the stock price---until we see the audited financials.
I also thought that we would have already seen something relating to the closure of their latest negotiations.
Just sittin here watchin the paint dry.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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has anyone been following up with Ed's office? phone calls emails etc? I remember a few months ago there were a few people on this board who seemed to have lots of contact on a regular basis... no more??
Posts: 145 | Registered: Oct 2003
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posted
I think it was mostly Leardon following things on PalTalk but he has lost interest in ICAN i think. Don't blame him - boring play!
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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posted
NEW YORK, Sep 07, 2005 (BUSINESS WIRE) -- IBAC Corporation (ICAN.PK) today announced revenues for the month of August for The Sanibel Restaurant Group, Memphis Ramada Hotel and The Royal Arkansas Hotel & Suites of $373,548.59 combined. These revenue figures are compiled from internal company accounting/bookkeeping and are subject to audit by the company's independent accountants/auditors.
For the month, The Sanibel Restaurant Group revenues were above the seasonal average and were not anticipated. The Royal Arkansas Hotel & Suites had a significant gain of over the same period last year (the company did not own the property the same time last year). The newly acquired Memphis Airport Ramada had an increase over the same period last year.
The company has agreed verbally in principle to a merger with fully reporting Otcbb Company and is subject to full audits which are currently underway. As previously stated this has been the managements objective to become a fully reporting company and management feels this is the best course of action.
The company continues to pursue mismanaged and undervalued properties within the hospitality industry and believes that this strategy will produce the desired results revenue wise and asset wise that the company expects.
Posts: 1097 | Registered: Jun 2005
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posted
Any movement on this would be a great thing
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
I haven't posted anything on here for a long while mainly because there was nothing to post except the same old crap. Now we have some information that is interesting. Some of the guys on Pal Talk talked to Ed today and he said that the merger is going to happen very soon. He also said that it will not be a reverse merger. Both good news.
On another note he said that they are making alot of money right now in the Pine's Bluff convention center since it has been setup as a refugee site by the red cross. He said they are feeding about 5000 people a day down there and of course ICAN gets all the money off of the food and drink down there. He said they are making about $40 a day per head. Don't know if that is true but you do the math $200,000 per day. To verify some of it, here is an article we dug.
$200,000 X 60 days (potentialy)= $12 Million Dollars.
Old Eddie could buy back one hell of alot of shares with that cash. Of course making us shareholders happy.
Posts: 1637 | Registered: Apr 2004
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What the &*@# is going on -who's sitting on ask at 0.0002? Could anybody post L2, please.
Posts: 323 | From: Honolulu | Registered: Sep 2003
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It was good to see a PR today. However as usual its full of nothing. The revenues are nice to see however we never know how much is actual profit. "The newly acquired Memphis Airport Ramada had an increase over the same period last year." - That really tells us a lot. The merger news was vague and Ed throws in the part about becoming a reporting company probably only because thats what we want to hear.
If what Leardon is hearing from PalTalk is true and a non reverse merger is going to take place somewhat soon and that new company becomes fully reporting then Ed owns up to his claims.
I'm holding, bored and unconvinced with ICAN.
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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