posted
sorry for the new thread but this one is one not to miss...here is the news
Indocan Resources Closes Regulation D Offering Tuesday June 27, 9:45 am ET
GREAT NECK, N.Y., June 27 /PRNewswire-FirstCall/ -- Indocan Resources Inc (OTC: IDCN - News) announced today that it has closed its Regulation D, Rule 504 offering and is no longer selling shares of its common stock to accredited investors. A Form D has been filed with the Securities and Exchange Commission, disclosing that the company has raised $850,000 in the offering over the past two months bringing the total to just under $1 million during the past year. The limit to any such offering is $1 million in the trailing twelve months. The Company completed the offering to provide capital for investing in the drilling of oil wells in Texas and other places and to provide working capital to see us through the further funding of a non-dilutive offering of a Limited Partnership where the Company will be the General Partner.
Company Info: +1.604.929.7224 Jeffrey R Bruhjell, president
CONTACT: Investor Relations, Ken Ash +1.252.728.2925
-------------------------------------------------------------------------------- Source: Indocan Resources Inc.
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posted
Schwabie, i am not sure how high we can go but volume and buys are definatly coming in and i think we will close near the HOD whatever it is and i think about .0017-.0018 and gap tommorow also
this news is big and dilution was the only think keeping it down lately
-------------------- please dont trade stocks on my alerts, do your dd first.
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liberty01
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posted
GREAT NEWS!!!! A real president trying to get this company going!!! Lets get this puppy running!!
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-------------------- please dont trade stocks on my alerts, do your dd first.
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liberty01
unregistered
posted
WOW is this a shake, the news is awesome!! i guess everyone needs one more thing before they can jump all the way in. Atleast the company is done raising money. now its time to move forward!!
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posted
Jumped in at .0011 and wish I hadn't...this didn't go like I thought it would. Will see what tomorrow morning brings but not too thrilled.
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