Indocan Resources Meets With Stock Charter Group
19 May 2006 - 2:30AM
PR Newswire (US)
BEAUFORT, N.C., May 18 /PRNewswire-FirstCall/ -- The Board of
Directors of Indocan Resources Inc (OTC:IDCN) are pleased to
announce that the board members and senior executives of the
company have been meeting all week with Stock Charter Group in
North Carolina. Stock Charter Group and its members have a
significant investment interest in Indocan Resources Inc. The
Company will soon be announcing investment decisions and funding
accomplishments as a result of these definitive meetings. Stock
Charter Group is an advisory firm and introduces funding sources as
well as market shaping activities and investor relations. Managing
Director Ken Ash said, "IDCN has had a remarkable run of late with
record volumes and price rise." Technical Trader Dan Barton said,
"IDCN has channeled down on lower volume, a very powerful bullish
indicator." "IDCN should turn higher soon based on daily MACD and
Slow Stochastic studies and make for new highs," continued Ken Ash.
Indocan has interests in Texas, Oklahoma, British Columbia and
Alberta in both crude oil and natural gas production. More
information can be learned by visiting our website:
http://www.indocan.com/ We seek "Safe Harbor" Company Info:
+1-604-929-7224 Jeffrey R Bruhjell, president CONTACT: Investor
Relations, Ken Ash +1-252-728-2925. DATASOURCE: Indocan Resources
Inc CONTACT: Jeffrey R Bruhjell, President, +1-604-929-7224, or
investors, Ken Ash, +1-252-728-2925, both of Indocan Resources Inc
Web site: http://www.indocan.com/
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