posted
The stock can't go to zero unless the company goes bankrupt.As far as I know,Ican is doing business as usual.The low stockprice reflects low investors'confidence.When the company completes its audit and shows some profit,it will go right up again.Don't lose hope,friends.
Posts: 107 | Registered: Sep 2005
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posted
I have never seen a CEO so worried about the stock price of his company.What you find is that top officers of a company do not get involved in the stock price,heck they won't even talk about it.They get involved in the day to day operations of the company.Saying that i think we are getting scammed.
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
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quote:Originally posted by farmgirl: My screen shows that ICAN ended the day at .0000. Is this right?
I show .0002 on scottrade as the last trade of the day for yesterday.
that was after hours and on pinks the after hour trades are just mm cleaning up for the day. so far today the first trade for 2,197,800 was at .0002 and then 700,000 170,000 and 2,197,800 at .0001
Posts: 40 | Registered: Sep 2005
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quote:Originally posted by ya ya: I have never seen a CEO so worried about the stock price of his company.What you find is that top officers of a company do not get involved in the stock price,heck they won't even talk about it.They get involved in the day to day operations of the company.Saying that i think we are getting scammed.
i have been in buisnes for over 20 years and have never talked to a ceo that wasn't concerned about the stock price. it is a direct reflection of the company as far as selling the company getting financing and a number of things. so yes they worry about it and watch it closley unless a research company and they don't care untill research and development is done then bet your bottom doller they care
Posts: 40 | Registered: Sep 2005
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posted
It is a good sign Ed cares about the stockprice.He owns more than half the company.I don't believe he intentionally drive the stockprice down .He gains nothing in doing that.Part of the reason we invest in Ican is the fact that the ceo owns more than half the total shares,therefore he has a vested interest in making the company a success.Put yourselves in his shoe.You invested 3.5 mil in Ican.Now,your money shrank to $600000.I bet he is crying inside(we can afford to cry out loud because we are not ceo).Give the man some time.He want to be a billionair and in the process,he will make some of us millionairs
Posts: 107 | Registered: Sep 2005
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posted
Volume is low today.I can't buy at 0.0001.Maybe we are near the end of the tunnel.I hope there will be some good pr next week.
Posts: 107 | Registered: Sep 2005
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posted
Thanks,Rickpic.It looks like their hotels are functioning and they have been doing some good deeds.I feel a lot better.
Posts: 107 | Registered: Sep 2005
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posted
Wow! They also added the following to their corp. info tab... Yeah. Auditors and SEC Counsel.... This makes me feel much better about moving forward. Hoping for a PR this next week.
AUDITORS Bagell, Josephs & Company, L.L.C. Gibbsboro , New Jersey
CORPORATE COUNSEL
For The Southern Division Mitchell Williams Selig Gates Woodyard P.L.L.C. Little Rock, Arkansas Harry Hamlin Esq.
For The Sanibel Restraunt Group Coleman & Coleman Ft Myers, Florida John Coleman Esq.
IBAC Corp General & SEC Counsel Legal & Compliance LLC West Palm Beach, Florida Laura Anthony Esq.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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posted
Well two things are going to happen on Monday! 1) Eddie plays us for suckers and major dilution starts and volume totals 400 million + and share price stays at .0002. 2) Have decent volume in the 100 million range and we see .0003 trades on excitement of website update.
Remember this comment from the company " 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". September 7 PR.
Also they are buying back $500,000 dollars worth of shares on the open market and will reduce the A/S with this buyback. July 14 PR
500,000 X .0001 = 5 Billion DONT DROP THE BALL, EDDIE
Posts: 1637 | Registered: Apr 2004
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quote:Originally posted by Bigrod40: Well two things are going to happen on Monday! 1) Eddie plays us for suckers and major dilution starts and volume totals 400 million + and share price stays at .0002. 2) Have decent volume in the 100 million range and we see .0003 trades on excitement of website update.
Remember this comment from the company " 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". September 7 PR.
Also they are buying back $500,000 dollars worth of shares on the open market and will reduce the A/S with this buyback. July 14 PR
500,000 X .0001 = 5 Billion DONT DROP THE BALL, EDDIE
posted
I am just curious to how many shares you guys have in the company. I am pretty new to the boards and have been watching this company for a while. I have 3 million shares in the company that i just bought and was curious as to what each of you think is a good amount to have and to how hight you think you will let it go befor selling.
posted
Bigrod,there are only around 5 bil shares floating out there.If Ed use his $500000 to buy back shares ,there will only be one share holder in the company:Ed himself.I certainly don't want to see that happens.I want a share of the pie.
Posts: 107 | Registered: Sep 2005
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quote:Originally posted by iwearpro: I am just curious to how many shares you guys have in the company. I am pretty new to the boards and have been watching this company for a while. I have 3 million shares in the company that i just bought and was curious as to what each of you think is a good amount to have and to how hight you think you will let it go befor selling.
just curious
I'm sittin with 11,325,000. How high it will go is a big mystery. From previous PR's and much speculation of the financails I think it should be trading around .03/share. But we're far from that.
It would be nice to see financials and I still believe they will come but just not sure when. Ed hasn't been totally forthcoming with his plan and if you read his PR's they can be pointed with one solid piece of info and sprinkled with a lot to keep you wondering.
All in all, this is a pink and pinks doesn't have a lot of reporting requirements.
Only play with as much as you can lose. Good luck.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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posted
i got 21,500,000 an an order to buy more that doesnt seem to be filling.if we get the right looking volume and a real uptick with a bid of .0002 then i will continue to accumulate in hopes of one day reaching a realistic goal of .001-.01 cents.that would be fantastic in my mind. im totally baffled with my experience in ican .we have been promised so many things investors buying up stock , huge payout in a otccb stock merger or something like that.buybacks ect ect ect............... but being that they are a real company with real revenue generating assets i continue to hold long ive never sold one share and my avg is just over .0002 from many times of avg down.best of luck to you all.
remember the good ol days of positive ican . i think ican i think ican hehehe.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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posted
October 03, 2005 05:58 AM US Pacific Timezone
IBAC Corporation Names Roy E. Adkins Jr. Comptroller of Its Southern Hospitality Division
PINE BLUFF, Ark.--(BUSINESS WIRE)--Oct. 3, 2005--Roy E. Adkins Jr. has been appointed Comptroller of IBAC Corporations Southern Hospitality Division, The Division consists of The Royal Arkansas Hotel & Suites, The Memphis Airport Hotel & Restaurant and National Hospitality Management Co. Mr. Adkins will be responsible for all financial management of the division.
"The appointment of Roy E. Adkins Jr. with his fiscal expertise and his understanding of the hospitality industry will be a tremendous asset to our team," commented Garry Becker President of The Southern Hospitality Division. "I look forward to his contributions as we plan and execute strategies for achieving The Company's ambitious growth plans."
Edward W Hayter, IBAC Corporations. President and Chief Executive Officer noted, "Roy E. Adkins Jr. will bring a unique perspective to the Southern Hospitality Division. His sharp business acumen will be of great value as the division aggressively pursues new and innovative projects & additional properties," his first order of business will be to solidify all procedures & finances for the division's upcoming audit with in the next 30 day's as to meet the company's time frame to have all operations audited by our Independent Auditors, for our anticipated merger with a fully reporting OTCBB company."
Adkins was graduated from Florida Metropolitan University with an MBA and a B.S in Business from West Virginia Institute of Technology. He has worked as Comptroller for Hilton, Boykin Management as Regional Comptroller, and Wintergreen Resort as Comptroller & Safety Harbor Resort & Spa.
About IBAC Corporation:
IBAC Corporation is a New York-based holding company operating through its subsidiaries within the Hospitality, Food Service & Restaurant business and other industries. IBAC now operates businesses and employs over 100 people in Florida, Tennessee & Arkansas that includes a 200 room full service hotel, 127 room limited hotel, 5 restaurants/lounge and 10,000 sf of banquet space and the exclusive concession, food, beverage & catering contract with the Pine Bluff Convention Center.
IBAC operates through its subsidiaries, The Sanibel Restaurant Group/The Royal Arkansas Hotel & Suites/National Hospitality Management Services/Monarch Entertainment Group Worldwide/Memphis Airport Ramada; IBAC intends to grow aggressively throughout the next three years, through acquisitions, mergers and the building of new establishments. Visit the company website at www.ibaccorp.com.
Forward Looking Statements: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
-------------------- 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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quote:Originally posted by cagman23: So where did Doctoall get his info from his last post above??
I checked Yahoo and I couldn't find it there either?
It's on Businesswire.com
-------------------- 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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quote:Originally posted by ya ya: I think with this a dead horse is being beaten.
So are you the one being beaten
-------------------- 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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They must have felt that it did not get out being posted prior to opening
-------------------- 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
October 03, 2005 07:25 AM US Pacific Timezone
IBAC Corporation Names Roy E. Adkins Jr. Comptroller of Its Southern Hospitality Division
PINE BLUFF, Ark.--(BUSINESS WIRE)--Oct. 3, 2005--Roy E. Adkins Jr. has been appointed Comptroller of IBAC Corporations Southern Hospitality Division, The Division consists of The Royal Arkansas Hotel & Suites, The Memphis Airport Hotel & Restaurant and National Hospitality Management Co. Mr. Adkins will be responsible for all financial management of the division.
"The appointment of Roy E. Adkins Jr. with his fiscal expertise and his understanding of the hospitality industry will be a tremendous asset to our team," commented Garry Becker President of The Southern Hospitality Division. "I look forward to his contributions as we plan and execute strategies for achieving The Company's ambitious growth plans."
Edward W Hayter, IBAC Corporations. President and Chief Executive Officer noted, "Roy E. Adkins Jr. will bring a unique perspective to the Southern Hospitality Division. His sharp business acumen will be of great value as the division aggressively pursues new and innovative projects & additional properties," his first order of business will be to solidify all procedures & finances for the division's upcoming audit with in the next 30 day's as to meet the company's time frame to have all operations audited by our Independent Auditors, for our anticipated merger with a fully reporting OTCBB company."
Adkins was graduated from Florida Metropolitan University with an MBA and a B.S in Business from West Virginia Institute of Technology. He has worked as Comptroller for Hilton, Boykin Management as Regional Comptroller, and Wintergreen Resort as Comptroller & Safety Harbor Resort & Spa.
About IBAC Corporation:
IBAC Corporation is a New York-based holding company operating through its subsidiaries within the Hospitality, Food Service & Restaurant business and other industries. IBAC now operates businesses and employs over 100 people in Florida, Tennessee & Arkansas that includes a 200 room full service hotel, 127 room limited hotel, 5 restaurants/lounge and 10,000 sf of banquet space and the exclusive concession, food, beverage & catering contract with the Pine Bluff Convention Center.
IBAC operates through its subsidiaries, The Sanibel Restaurant Group/The Royal Arkansas Hotel & Suites/National Hospitality Management Services/Monarch Entertainment Group Worldwide/Memphis Airport Ramada; IBAC intends to grow aggressively throughout the next three years, through acquisitions, mergers and the building of new establishments. Visit the company website at www.ibaccorp.com.
Forward Looking Statements: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
-------------------- 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 think this will hang around the .0001 - .0002 area for a while longer and then realize that there are way too many shares outstanding and then throw us a reverse split.
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
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quote:Originally posted by ya ya: How many times are you going to post the same PR
As many times as I want
-------------------- 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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![[Confused]](confused.gif)
Well two things are going to happen on Monday! ![[Smile]](smile.gif)
500,000 X .0001 = 5 Billion ![[Embarrassed]](redface.gif)
DONT DROP THE BALL, EDDIE
![[Big Grin]](biggrin.gif)
