RE: getting closer by the day............."I'd have to think they want a lot of News out by May 23rd, the date 20 million new shares are scheduled to hit the Market.
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Hi Pennypicker4
Actually there are 35,000,000 .10 common shares coming free trading on May 20th along with 17.5 million .15 warrants for a total of 52.5 million shares becoming free trading.
ttfn
nopoo
"Iciena Ventures Inc. (the "Company") announces that further to its
news releases of September 27, 2006 and December 22, 2006, the Company has now closed a private placement of 35,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of $3,500,000.00. Each Unit consists of one common share of the Company (a "Share") and one half of one share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder
thereof to purchase one additional Share at $0.15 per Share for a two-year period expiring January 19, 2009.....All Shares issued pursuant to this private placement together with any
Shares issuable on the exercise of the Warrants have a hold period expiring May 20, 2007."
https://www.cdnx.com/data/lcdb/DOCP/JAN2007/12H1601!.DOC