Welcome, Guest.Please login or register. Friday, November 21, 2008, 4:30:47am
 
ilco
Return to Investors Paradise LIVE! Social Community

Forum Login
Login Name: Create a new account
Password:     Forgot password

Investor's Paradise    Foreign Exchanges (SSEC, HSI, N225, BSESN & TSX)    I  ›  ilco Moderators: Administrator, Moderator
Users Browsing Forum
No Members and 1 Guests

ilco  This thread currently has 538 views. Print
1 Pages 1 Recommend Thread
popeye
Wednesday, May 25, 2005, 8:23:18pm Report to Moderator
Moderator
Moderator
Posts
2,318
Gender
Male
Posts Per Day
1.80
Reputation
80.00%
Time Online
65 days 14 hours 2 minutes
ILCO is a Toronto corporation  that is not listed on any Canadian exchange, not even the NEX.  They have not filed a 10Q in 7 years.  They were known as International Platinum and then went bankrupt.  The company came back as International Precious Metals until 4-5-05 when they had another reverse split and became Innotelco.  This was done so that they would have a higher price for the stock that they have been selling to unsuspecting investors for years.  I believe that the majority of the trades today were actually selling by the company.  They need to keep issuing shares to pay their wages and keep from going bankrupt again.  This company has gone from being two different precious metal companies to telecom hardware?  I believe that this stock is destined to the .0001 price again.

Revision History (1 edits)
popeye  -  Monday, February 20, 2006, 8:55:43pm
Logged Offline
Private Message ICQ
popeye
Wednesday, May 25, 2005, 8:27:25pm Report to Moderator
Moderator
Moderator
Posts
2,318
Gender
Male
Posts Per Day
1.80
Reputation
80.00%
Time Online
65 days 14 hours 2 minutes
I forgot to mention that ILCO was down 75% today after the company apparently flooded the market with shares.
Logged Offline
Private Message ICQ Reply: 1 - 4
steelmandan
Thursday, May 26, 2005, 9:21:22am Report to Moderator
Guest User
Thanks popeye , you have much valuable knowledge . Keep up the good work , people should be aware companies like this . I was had 6 years ago by a company such as this . salute...dan
Logged
E-mail Reply: 2 - 4
DeMerchant
Sunday, February 19, 2006, 9:45:29pm Report to Moderator
Guest User
TORONTO--(MARKET WIRE)--Jan 25, 2006 -- INNOTELCO, Inc. (Other OTC:ILCO.PK - News), a marketer and distributor of telecom hardware and network solutions, announces signing of an Exclusive Supplier Agreement with Fenghua Yuguang Electron Wire & Cable Manufacturing Co. Ltd.
Innotelco and Fenghua Yuguang have signed a final agreement for Fenghua Yuguang to be the exclusive supplier of cable and cable products for Innotelco in the Southeastern Region of Europe. We believe that this agreement gives the company a better edge in developing business in the Balkan Region above our expectations. Innotelco has been able to negotiate suitable terms to meet the needs of the company and its clients and increase the profitability of our already signed contracts.

"Due to the signing of this agreement, I strongly believe that Fenghua Yuguang is the manufacturing company who can follow us and be part of our business plan and tender process for the future," said Ross Sehovic, CEO.

"The Southeastern European Region imports over half a billion euros of telecommunication equipment annually, and Innotelco has been successful in obtaining signed contracts. We at Fenghua Yuguang look forward to supplying them on these deals and to continue with our very beneficial relationship by working with Innotelco in any capacity to fulfill these contracts. We believe that Innotelco has received from us very advantageous terms and this will contribute to a durable business relationship," (Blank Zhang, Fenghua Yuguang).

About Fenghua Yuguang Electron Wire & Cable Manufacturing Co. Ltd.

The company manufactures cable products for the European, Middle East, and many other markets around the world. They have the technical ability to test products to quality standards manufactured in their factory.

The Fenghua Yuguang Electron Wire & Cable Manufacturing Co. Ltd. is located in Ningbo in the middle of China's coastline and in the south of Yangtze Delta. Ningbo is divided from Shanghai by the Hangzhou Bay and has grown into one of the four International deepwater harbours in China.

"INNOTELCO - Building Bridges for Communication"
Logged
E-mail Reply: 3 - 4
BUDDIEBuddie
Monday, February 20, 2006, 7:08:06pm Report to Moderator
Premium Member
Posts
425
Posts Per Day
0.34
Time Online
2 days 13 hours 14 minutes
Quoted from popeye
ILCO is a Toronto corporation  it is not listed on any Canadian exchange, not even the NEX.  They have not filed a 10Q in 7 years.  They were known as International Platinum and then went bankrupt.  The company came back as International Precious Metals until 4-5-05 when they had another reverse split and became Innotelco.  This was done so that they would have a higher price for the stock that they have been selling to unsuspecting investors for years.  I believe that the majority of the trades today were actually selling by the company.  They need to keep issuing shares to pay their wages and keep from going bankrupt again.  This company has gone from being two different precious metal companies to telecom hardware?  I believe that this stock is destined to the .0001 price again.



Jan 20, 2006 (M2 PRESSWIRE via COMTEX) --
http://www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold lists for 13 consecutive trading days: Innotelco, Inc. (OTC: ILCO), Winn-Dixie Stores, Inc. (OTC: WNDXQ). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to http://www.buyins.net/squeezetrigger.pdf.

Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.

Innotelco, Inc. (OTC: ILCO) is a telecom hardware supplier, specializing in servicing emerging markets looking to expand their telecommunications networks. Innotelco products range from indoor and outdoor coaxial cables and accessories to fibre optics and switching equipment. With an undisclosed short position, the failure to deliver in shares of ILCO has not been resolved and a buy-in is possible.



Investorsparadise, where the investors call.....paradise!
Logged Offline
Private Message Reply: 4 - 4
1 Pages 1 Recommend Thread
Print


Thread Rating
There is currently no rating for this thread
 

 
Powered by E-Blah Forum Software 10.2 © 2001-2007