IIE:CA V.IIE

What's really going on?

[TellMeMore]

For the past two years this company was all about the great promise of Batovi. They spent over $1M on an airborne geophysical survey, supposedly returning great results. More releases detailed stream samples and great indicators. Lots of comments like "drills are standing by", and "just waiting for the big-dog to point his finger on where to drill".  Then they changed their tune because they wasted all our money on salaries / consulting fees / airborne surveys.  They instead ran a pitting / auguring program to re-figure out where they should drill.  No idea if that was ever done because they were broke by that time.

Jump forward to today: Batovi is totally out of the picture and the Metalex JV is what they will focus on.  What about Batovi and all of those prime drill targets they took two years to find? I guess they realised there was nothing there after all???   That effort is now wasted as Metalex will consume all of their resources over the next 2-3 years.

What are their plans for the $1M they are trying to raise? Based on their track record, it looks like they'll dig a few holes with a pick and shovel and blow the rest of the million on their fat salaries and consulting fees.

Anyone have any differing information as I continue to get no response from the company about what is really going on.

[GREGGOOSE]

           I GUESS YOU REALLY HAVE KNOW IDEA WHAT YOUR TALKING ABOUT.                                            BATOVI IS THE

[wadeja]

No offence Greg but this seems pretty acurate to me.  THey've been talking the talk but not walking the walk for years now.  Saddens me to see that PUTZ Billy is turning out to be right after all!

[TellMeMore]

Folks,If I have misunderstood the information in the releases and annual reports regarding properties and options/JVs, then my appologies to the board.Regards.

[chuckles37]

Mr FEDUN would you care to share?

[jcja]

WHAT'S REALLY GOING ON....WE ARE GETTING SCAMMED!   MTX....BOZOVILLE WITH CAPTAIN CHUCKLES CLUTSHEADWHAT A SAD STATE OF AFFAIRS....2 DORK MANAGEMENT TEAMS=MTX/IIE

[morgan12]

Hey! Who has any other recomendation (for financing) considering the marketplace! Take a look at the rest of the Co's in every other sector, do you think we are immune? I think patience will be rewarded.All you others should getover whatever it is that possesses you to post your crap. What the hell do you want or are you just trying to protect us from our own

[wilf9]

                               Well said Morgan!!

[chuckles37]

Let me get this straight. Morgan, are you bent about people complaining about the state of affairs of Iciena?I have owned these shares for over 3 years and have steadily watched the value of this stock dwindle to where it halted for over 6 months at  5 cents. Then when it begins trading again, I am informed that the major share holders have voted for a 3 to 1 rollback, which means I

[jcja]

BEWARE   IIE   A GREAT WAY TO GET SUCKED IN...THEN SAY GOODBYE TO YOUR $$$$$

[billyr211]

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