IDCN - gold, garnet, etc. Message Board

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Microcap & Penny Stocks : IDCN - gold, garnet, etc.

IDCN 0.00001000

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Mar 6 3:00 PM EST

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To: Tom Frederick who wrote (5818)	9/22/1999 10:58:00 PM
From: VBroady	Read Replies (1) of 5908

New "current update" tonight: Pure Canadian Water September 22, 1999 ? We are nearing the completion of a marketing/sales contract for all 10 million liters of the expected first year production of mountain spring water. A distribution company in Southern California has a keen interest and is likely to close with us presently. The second year production is expected to be about 20 million liters and the third year will bring us to full capacity of 31 million liters, which is the total annual diversion allowed by license from the Province of Alberta. We will not actually begin shipping water from the source at our artesian well site near Rocky Mountain House, Alberta until we have a solid marketing contract in place. To speculate by bottling any competitive product would be suicide. Many other potential buyers for the product have been identified including a Canadian firm that would take the water products on an exclusive basis for all of Canada. Once we have the volume ascertained from the California contract we can consider whether or not to also offer water in Canada or just stay with the export product. It?s most likely that the California buyers will take all the production we eventually have. Our division, Pure Canadian Water will be quoted on the OTC BB in the coming days under its inception name. We will be folding-in the Alberta corporate entity in the near future and applying for a name change for this new OTC BB listing to Pure Canadian Water. Since the first thirty days of trading a BB stock, only one market maker calls the quote, a last trade quote without bid and offer only are shown and we may decide not to publish the name of the trading shell until the merger is completed. Once the thirty-day period is over other market makers may quote the stock and with three or more you get a full bid/ask quotation. By then the name change will be in effect and will avoid most confusion as people will then trade in shares of Pure Canadian Water and not the shell company name. Indocan Resources Inc. will be keeping its shares of Pure Canadian Water and not distributing them to shareholders as is planned with the Isaac?s Harbour spin-off. IDCN shareholders will have to purchase shares of Pure Canadian Water to be a direct shareholder. Everyone is of course an indirect beneficiary through the Company?s holdings. IDCN Update Last 3/64 Chg. + 1/64 % +12.90% Time 15:48 Detailed \| Real-Time

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