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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: BigAppleBoy who wrote (27)8/12/1998 8:54:00 PM
From: P.E. Allen  Read Replies (1) | Respond to of 5908
 
from Yahoo

Wednesday August 12, 11:30 am Eastern Time

Company Press Release

CMI Capital and Their European Partners Makes an Offer for All the Issued and Outstanding Capital Stock of Indocan Resources Inc

MONTREAL--(BUSINESS WIRE)--Aug. 12, 1998--CMI Capital of Montreal and their European partners have made an offer for all the issued and outstanding capital stock of Indocan Resources Inc. (OTC BB:IDCN - news) at a price of $0.375 per share. The offer is in effect until September 1, 1998.
------------------------------------------------------------------------
Contact:

Serge Talon
PDG
514/987-8016
Fax: 514 987 7300



To: BigAppleBoy who wrote (27)8/12/1998 8:54:00 PM
From: xbrent  Respond to of 5908
 
Yes, I wonder what the MM inventory was to begin with and how many sells occured and how many shares they shorted to achieve this kind of volume on a low float stock.