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Saturday, 12/02/2017 10:59:43 AM

Saturday, December 02, 2017 10:59:43 AM

Post# of 17229
Here..I’ve already did the work....



Msg: Mr. Tang. Could you elaborate on the statements being made on IHub? Thank you

Response:

Erwin Vahlsing is a good guy. He was CFO of ICOA for 2 decades. George Strouthopoulus was the CEO and then retired in early 2000's due to health. A successor named Steven Tavares and he brought in a bunch of people and started to operate Icoa inappropriately.

Steven and his group have bloated the share structure up in 2010 (see nevada state Document Number: 20100295370-39 ) to 10 billion shares. He deposited the shares in Alpine and Scottsdale and dumped it into the market.

The retirement package for George was supposed to be a small retirement package as it was an appointment through share acquisition by Steven. However he lumped it into the 10 billion share dump, which outsiders thought it to be George selling his position into the market, thereby putting the fraud case onto George and Erwin.

Erwin is a CFO and only does accounting. He only puts numbers in according to the signed off statements of the CEO. So this implicated him, and soon after that filing to 10Billion in a month the CEO vanished and moved away.

The scam is that the ex director/CEO perpetrated a PR that said it was being acquired by Google, which is false.

The bag holders left were the last two C levels, George and Erwin. SEC will not left the company default and perpetually appoints George to answer for his successor's mistake. The settlement is mere $30,000 which people think it's more like $30Million.

Erwin runs a filing company called XBRL associates. He is a CPA and is in good standing. He has many clients. Sungro Minerals became American Minerals for example. He is also a board member for a couple of legacy companies that go through bankruptcy filing. He is associated with dead companies because he is appointed by SEC and sometimes finra or auditors to actually fix dead companies. It is a mis categorization that he creates dead companies.

ICNM uses Erwin for accurate accounting to file form 10 to go sec reporting

Erwin is in his 50's has 2 good daughters, and lives in the NE. He maintains ICOA so that he can employ 1 person, Mr. Walker who does customer care for the wifi hotspots they have (stop n' shop).

As far as money earned, there is none. ICOA was once a very good company that was growing and had partnerships with old telecom's, however the downfall of it was pure age of the CEO. Today is George's birthday @ 70 years old (i think), so it is kinda coincidental and very sad that Erwin/George and ICOA/SUGO is brought up today. I actually skyped him today and wished him a happy birthday. So Now I know why he said "i shift the crap i heard today on the side, and I'm sharing my cake with my friends". So now I get what he meant.

(sigh)

What you do not see in the public are files and rationale for the court cases, the hidden lines in the financial statements, and the actual transcripts and data. The lesson I had learned from ICOA and others is that I do not hide and I say it like it is. CSOC is a small company. It is probably smaller than a 7-11! (i joke) But the people in CSOC have INTEGRITY and I stand behind Erwin 100%.

As I stated before, Erwin had given back 32.5M shares of CSOC because it was wrong to sell stock when the company is struggling. That's why he fedex'd it to me.

Nobody reports or emphasizes that.

FYI SUGO was run by Bob Hainey.

He isn't a bad guy but he could never do a deal. AEXE coal mine was supposed to go into SUGO but I objected because he said he hated chinese people and Erwin never told him my full name, so I said NO WAY.


Here is a statement http://money.cnn.com/2012/11/26/technology/google-icoa-hoax/

But the CEO name was redacted (removed) because he paid PRweb to make George the fall guy.

Thank you,

Richard Tang
CEO Caduceus Software



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