About Us

Kenneth Ash

Mr. Ash is the President and a board member of Indocan Resources. He served in the United States Navy on board the USS Iowa (BB-61) and the Moinester (FF-1079). From 1987 to 1998, he worked in the Securities Industry as a stockbroker. Since then he has managed several multi-million dollar vacation properties on North Carolina's Crystal Coast.

Larry Kau

Mr. Kau is the Secretary, Board Director, and Operations Manager of Indocan Resources. He earned a BS from UW Whitewater in 1971. He then owned and operated an 800 acre dairy farm from 1972-1988. He was employed by Commerce Group Corp in Milwaukee, Wisconsin, serving as a manager to finance, acquire, and deliver mining equipment to the their gold mine in El Salvador. 

Larry Tate

Mr. Tate is the Treasurer, Board Director and Marketing Manager of Indocan Resources. Born and raised in Chicago, IL., he married Mariann in 1961. They have 2 sons and 3 grandchildren, two boys and a girl.

After graduating from High School he Joined the Navy, serving from 1957 to 1963 as a radio communications specialist.

Work History

Universal Bowling & Golf Corp. Chicago, IL - 1961 to 1967

He held various positions in retail sales and sales management, specializing in the Bowling and Golf industry. And he was a professional bowler who taught bowling in various youth groups. 

Motorola Communications & Electronics, Inc. – 1967 to 1999

He held various positions in Sales & Sales Management with Motorola.

While in the Cellular phone group he was responsible for introducing cellular systems and cellular telephones to the market place through multiple distribution channels i.e. cellular service providers, direct sales teams, dealers, agents, retail outlets, and retailers.

LT Consulting 1999 to Present

Following his retirement from Motorola he started his own Consulting Business:

Representing Companies in Sales, Marketing and Business Development.

Corporate Details

Indocan Resources was incorporated in Nevada in 1994, changed to Montana, and then Wyoming in 2011. Articles of incorporation were made current in Wyoming on May 25, 2018. The stock currently trades on the Gray Market under the symbol IDCN. 

Our Vision

Keys to Success

Establish and maintain grow sites to produce full spectrum hemp for CBD oil production and to provide equipment and services to other growers including storage, production, laboratory facilities, and marketing.

Mission

In addition to growing hemp for the production of CBD oil, the Company plans to form strategic partnerships with sales channels to market its CBD oil in value added products. The Company has future plans to clone plants and seeds, and grow crops year-round in greenhouses to generate a steady revenue stream. Furthermore, medicinal herbs may also be grown. 

Strategy

The Company's business strategy is to operate in a limited geographical area to grow hemp and provide extraction, consulting, and additional services to other growers. We have lease agreements on four properties and are currently using three.

Financial Considerations

Financial Considerations

Start-up expenses are modest and are being provided by management. They include monies needed to support operations (lease of properties, planting equipment, seeds, and other production related needs). Most of the Company's liabilities will come from outside private loans and management investments.

Assets

The Company intends to leverage assets through banks or private borrowing. Profitability will depend on the timeliness of funding and the application of funds to produce hemp for CBD and extraction equipment for leasing. The information in this report is not complete and may be changed. Potential investors are responsible for their own due diligence.

The Future

The Company is currently preparing a Form 10 which will be filed upon completion. This business plan contains forward-looking statements which relate to the Company's future financial performance and involve risks, uncertainties, and other factors. Investors should only rely on the information contained in this document or to which you have been referred. No one is authorized to provide any information that is different from that contained herein.