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I dunno; two years of being subpenny...CE....yeah I think we have plenty of ammo...
THE WORST IS YET TO COME
They call it bashers scare tactics so they can aquire more
Don’t listen to the noise Scratch. The people running this ticker have lots of money invested. Their hands were tied until this court case was over.
Bashers talking about management dumping their shares on us.
That never happened. ICOA never diluted and actually canceled billions of shares. Too much noise.
I like the bull's odd. We have limited downside from 0002, but unlimited upside.
The bashers have nothing going for them with either way it goes up or down.
100% agree. I haven’t sold either. I’m in Canada so I have actually bought some more over the last while.
We will soon see who is right about this stock. The bashers or the bullish ones.
I for one have not sold a share. The court case has happened. There is nothing on the docket now. We could get a very pleasant surprise from the OTCM anytime going forward. Since I never planned on selling and I couldn't buy anymore, it didn't matter on the price of the stock until the CE is removed. Until that happens, all I own now is treated like a precious commodity. That's my stance.
LOL you stay taking L's in the penny stock market might want to sit this one out chief.
You are awful confident
Sorry but me and Orange are quite the skeptics
Especially with all those billions of shares waiting to be unleashed LOLOL
Naah dawwwg muccccchhhhhhh higggggherrr, like in $0.05 - $0.10 range.. prolly mo. Just waiting fer official word from $ICOA peeps and subsequently OTC word/action.
we moon soon bwahahahah $ICOA to da mooon
So, what does this mean for $ICOA?
(Thank you for posting, BTW)
[1] On April 18, 2022[1], the Administrative Tribunal for Financial Markets (“Tribunal”) issued, ex parte, freezing orders targeting the funds, securities and other property of the respondents and certain respondents and those held for them by the financial institutions involved.
[2] The initial freezing orders were issued as part of an investigation conducted by the Financial Markets Authority (“Authority”) against the respondents. This investigation concerns alleged serious breaches of applicable legislation[2], essentially a market manipulation scheme in which the respondents allegedly participated.
[3] These blocking orders have been extended twice since[3].
[4] The Court, on September 28, 2023[4], partially lifted the blocking orders in order to allow the liquidation - at the market price and within 6 months - of six securities held by the respondent Ramy Kamaneh in an account opened with the respondent TD Waterhouse Canada inc. as well as the deposit and conservation of the balance of these cash transactions in this account, all under close supervision by the Authority.
[5] The Authority presented to the Tribunal a request, dated October 5, 2023, seeking to extend the blocking orders currently in force in this case, for a period of 12 months. The Authority alleges that the investigation in the present case is still ongoing and that the reasons which justified the initial blocking orders still exist.
[6] During the pro forma hearing held on October 26, 2023, the respondents' lawyers informed the Court that they intended to contest this request for extension of the blocking orders presented by the Authority. After consulting the parties, the Tribunal has scheduled a pre-hearing conference for November 29, 2023 to plan for the proper conduct of the merits hearing regarding the above-mentioned extension request.
[7] However, as the freezing orders in force in this case expire on November 8, 2023 and, moreover, the Court needs time to render a written decision following the hearing to be scheduled, the Court decides - in order to continue to protect the public interest - to extend these blocking orders on an interim basis until February 8, 2024.
FOR THESE REASONS, the Administrative Financial Markets Tribunal, in the public interest and under Article 93 and 97 al. 2 (3o and 7o) of the Financial Sector Regulation Act[5], sections 249 and 250 of the Securities Act as well as sections 119 and 120 of the Derivatives Act[6]:
EXTENDS on an interim basis the freezing orders it issued on April 18, 2022, as renewed since then, until February 8, 2024, in the following manner, unless they are modified or repealed before expiry of this term:
ORDERS the respondent Ramy Kamaneh and the respondents SDIT inc. and SDÉT inc. not, directly or indirectly, withdraw or dispose of funds, securities or other property that they have in their possession or funds, securities or other property in the possession of another person who has custody, custody or control for Ramy Kamaneh, SDIT inc. and SDÉT inc., notably in the following bank accounts and brokerage accounts:
ORDERS the respondent Ramy Kamaneh and the respondent Doua'a Ismail not, directly or indirectly, to transfer, encumber, alter, destroy and/or alienate the building with the building built on it bearing the civic number [...] ], Montreal (Île-Bizard), province of Quebec, [...], known and designated as lot number [...] ([...]) of the Cadastre of Quebec, in the registration division of Montreal ;
ORDERS the Officer of the Registry Office of the registration division of Montreal to proceed with the publication of the blocking order and this decision relating to the immovable with a building constructed on it bearing the civic number [.. .], Montreal (Île-Bizard), province of Quebec, [...], known and designated as lot number [...] ([...]) of the Cadastre of Quebec, in the registration division of Montreal;
ORDERS the respondent Toronto Dominion Bank Inc., having a branch at 3720, boulevard des Sources, in the city of Dollard-des-Ormeaux, province of Quebec, H9B 1Z9, not to dispose of, directly or indirectly, the funds, securities or other property that it has on deposit or of which it has custody or control for the respondent Ramy Kamaneh and the defendants SDIT inc. and SDÉT inc., notably in the following bank accounts:
ORDERS the respondent TD Waterhouse Canada inc., having a place of business at 7250, rue du Mile End, 6th floor, in the city of Montreal, province of Quebec, H2R 3A4, not to dispose of it, directly or indirectly, funds, securities or other property that it has on deposit or of which it has custody or control for the respondent Ramy Kamaneh and the defendants SDIT inc. and SDÉT inc. notably in the following brokerage accounts, with the exception of the terms provided for the account [...] in the agreement ratified by the Court in decision no. 2022-010-004 of September 28, 2023 [7]:
ORDERS the respondent Scotia Bank, having a branch at 3828, boulevard de la Côte-Vertu, in the city of Montreal (Saint-Laurent), province of Quebec, H4R 1P8, not to divest, directly or indirectly, funds, securities or other property that it has on deposit or of which it has custody or control for the respondent Ramy Kamaneh and the defendants SDIT inc. and SDÉT inc., notably in the following bank accounts:
ORDERS the defendant Nour El-Chafei not to, directly or indirectly, withdraw or dispose of funds, securities or other property in the bank accounts bearing the numbers [...] and [...] with the indictment Royal Bank of Canada having a branch at 3131, boulevard de la Côte Vertu, room F-1, in the city of Montreal (Saint-Laurent), province of Quebec, H4R 1P8;
ORDERS the respondent Mohamed Kada Mesli not, directly or indirectly, to transfer, encumber, alter, destroy and/or alienate the building with the building built on it bearing the civic number [...], in the city of Montreal ( Saint-Laurent), province of Quebec, [...], known and designated as lot number [...] ([...]) of the Cadastre of Quebec, in the registration division of Montreal;
ORDERS the Officer of the Registry Office of the registration division of Montreal to proceed with the publication of the blocking order and this decision relating to the immovable with a building constructed on it bearing the civic number [.. .], in the city of Montreal (Saint-Laurent), province of Quebec, [...], known and designated as lot number [...] ([...]) of the Cadastre of Quebec, in the registration division of Montreal;
ORDERS the respondent Royal Bank of Canada, having a branch at 3131, boulevard de la Côte-Vertu, room F-1, in the city of Montreal (Saint-Laurent), province of Quebec, H4R 1P8, not to dispose of, directly or indirectly, the funds, securities or other property that it has on deposit or of which it has custody or control for the respondent Mohamed Kada Mesli, 7350341 Canada inc. and Auriga ERP Consulting inc., notably in the following bank accounts:
ORDERS the respondent Royal Bank of Canada, having a branch at 4119, rue Jean-Talon Est, in the city of Montreal (Saint-Léonard), province of Quebec, H1S 1J5, not to divest, directly or indirectly , funds, securities or other property that it has on deposit or of which it has custody or control for the respondent Mohamed Kada Mesli, 7350341 Canada inc. and Auriga ERP Consulting inc., notably in the following bank account:
ORDERS the respondent RBC Placements en Direct inc., having a branch at 1, Place Ville-Marie, ground floor, in the city of Montreal, province of Quebec, H3B 3Y1, not to divest, directly or indirectly, funds, securities or other property that it has on deposit or of which it has custody or control for the respondent Mohamed Kada Mesli, 7350341 Canada inc. and Auriga ERP Consulting inc., notably in the following brokerage accounts:
ORDERS the Financial Markets Authority to notify the parties and, where applicable, their lawyers of this decision.
In the end Orange it doesn't matter
This junk is TOAST
No bid soon
I love how you losers call anything you do not like “woke” Go retreat to your echo chamber at least there will be less fools to fall for your nonsense.
You are a constant thorn in folks side with the bashing (which is lies to piss people off),
and that is what this site is about now. Boards are filled with your kind.
Too bad this site IHub has gone the woke way, and investors have taken to private rooms where they can at least share & talk about their investments.
Carlson, how can anyone ever trust a single comment you make? Do the math on your comment!
Keep up the good work please...
Yup but I do not lie! You on the other hand are a grifter and a pumper scumbag who touts scams all day.
And you're on going, full of yourself.
Pathological basher, so nothing new
My god he is pathological at this point.
How much of a loss did you take on the 15M you sold?
What do you think about the post I did about the trial?
NB
C'mon nao you sold? Sheeeet. How much you still have outta 30mil
Just when you think the lies have stopped he comes back and hits us with another one! Never change Carl!
I think the readout shows icoa is not at fault
NB
This is from Google translate
MONTREAL, May 2, 2022 /CNW/ - On April 18, 2022, following a request from the Financial Markets Authority (the “Authority”) presented ex parte, the Financial Markets Administrative Tribunal (the “TMF ") issued a decision in which it issued orders prohibiting transactions in securities and derivatives as well as blocking orders with regard to Ramy Kamaneh, Mohamed Kada Mesli and persons linked to them.
More specifically, the TMF prohibited Ramy Kamaneh and Mohamed Kada Mesli from carrying out any activity with a view to carrying out, directly or indirectly, a securities transaction on any form of investment covered by the Securities Law (the “LVM”) or a transaction on any derivative covered by the Derivatives Act.
The TMF also ordered Ramy Kamaneh, Mohamed Kada Mesli and the defendants SDIT inc., SDÉT inc., 7350341 Canada inc. and Auriga ERP Consulting inc. not, directly or indirectly, withdraw or dispose of funds, securities or other property that they have in their possession or funds, securities or other property in the possession of another person who has custody, custody or control for them.
Context
During the year 2021, over a period of approximately ten months, Ramy Kamaneh and Mohamed Kada Mesli would have participated in a market manipulation scheme which would have aimed to influence and/or attempt to influence the price or value of securities of Majic Wheels, ICOA and All American Pet Company listed on the American OTC Markets Group over-the-counter market using practices that would be unfair, abusive or fraudulent.
Between the months of March 2021 and January 2022, the scheme would have allowed Ramy Kamaneh and Mohamed Kada Mesli to realize total profits estimated at 12 million US dollars, or the equivalent of approximately 15 million Canadian dollars.
The TMF concluded that there was convincing proof that Ramy Kamaneh and Mohamed Kada Mesli had thus committed apparent breaches of articles 195.2 and 199.1 of the LVM as well as apparent acts contrary to the public interest which are likely to cause harm irreparable harm to the integrity of financial markets and the investing public as well as affecting investor confidence in these markets
Typically it would mean that the case has been disposed, otherwise it would be on the docket with another appearance date. There should be some way to look at that specific case and see its disposition.
I would look but don't speak/read French (should have paid more attention in school right?) and could not find my way around the court web site.
If it did get disposed I would hope ICOA will be quick to point it out. Then we will have to wait for the OTC to do their thing.
Otherwise, hope you all got lots of patience!
Cheers!
So i looked today on the court website and the docket number is not there now. What does that mean? I don't know, but hopefully that is a good sign. The D#2022-010 tribunal adminstratif des marches financier....
I HAD 30 MILLION shares. Sold off a portion, still have some for when the CE comes OFF!!!!!
He can't help himself. Lying is second nature at this point.
Carlson, I thought you posted that all the smart money had left ICOA?
You'd think with all the French speaking Canadians they could translate for us.
Only thing of interest here now is the disposition of the court case. If disposed, then within weeks I expect the CE to be lifted.
If not disposed then I expect the same .0001 - .0003 until it is.
Cheers!
Soon we're gonna do it all DAY LONG!!! ICOA you can do it ALL DAY LONG!!!
Congrats longs up 50% today and just LOOK at that volume!
The court updates there website on Wednesdays
Well it looks like our resident psycho is in IHub jail and the stock is .0001 soon to be no bid and all is right in the world for now.
Tomorrow this all ends
No bid coming up
Jim Cramer said so
C'mon nao man... Can't y'all bashers leave the longs alone. Sheeeeet
Nope just Ken is having a rough day!I do hope he gets the help he needs!
My my what's happening here? Saw 37 new messages and I thought some good news came out - anyone heard the Frenchies today? C'mon nao
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