Icoa Inc (ICOA)

[WithEyesOpen]

Am I missing something…. ONE SHARE TRADED TODAY AT .0025

[Orange Cassidy]

Did something good happen yet KHAN?

[carlson]

5 months + 3 days=JULY 7, 2024.

[RKhan2011]

I’m thinking sooner than we think somethin good to happen /expect to happen irregardless of the ‘case’ jyho

[carlson]

Shure? Wen?

[RKhan2011]

$ICOA TO DA MOOOOON. Roror

[sectorspider]

Thank goodness I made $ on my long term capital gains here a couple years ago ha ha ha ha!

Look at Icoa price action now ha ha ha!

[shanghai_steve]

When will you guys learn this “company” is a paper shell?? There is nothing to this fake enterprise. No product, no customer, even the names associated with it are fake!! LOL

[Orange Cassidy]

He has become self-aware and is now leaning into his buffoonish online persona. He may get a few laughs and attaboys but in the end he still a failure at this game going on decades now.

[RKhan2011]

Bwahahahaha yeah no surprise, if it was tied to ICOA.tech domain then we know it’s gone. Oh well

[BigIbby]

I have emailed ICOA's listed support address which was returned as not successful. I have tried calling numbers with no answer and I have messaged Jeffrey and others listed on Linkedin all with no responses. The websites seem to be all down.
Has anyone been able to have any contact with anyone at ICOA that you can share? I know we are now waiting to July to hear on the court case but in the interim it would be nice to know if they are still operating. Appreciated.

[WithEyesOpen]

Well, not actually Carlson. Why do care to be so misleading?

[RKhan2011]

RMAO. If yel selious.. Werr you know how. Buy buy buy

[Orange Cassidy]

Yes I want to be broke just like you! Show me how Khan!

[Orange Cassidy]

Nothing just Carlson continuing to act a fool and issue foolish statements.

[RKhan2011]

I meant jearous RMAO

[RKhan2011]

Why? Jealous? Ror

[Orange Cassidy]

You get those shares? LOL

[LuckyTrader07002]

R.I.P.

GAME OVER

[shots60]

What happens on Monday morning?

TIA

[Duke Knockem]

Adding here

[carlson]

See you Monday morning!

[RadicalOne]

Excellent investigative work. See you guys July 1.

[campe]

If this is about Canadian pumpers, why is trading halted in USA and not Canada? Seems backwards....

[$PennyMover]

$ICOA ADMINISTRATIVE TRIBUNAL FOR FINANCIAL MARKETS CANADA PROVINCE OF QUEBE C MONTREAL FILE N°: 2022-010 DECISION N°: 2022-010-006 DATE: January 25, 2024 BEFORE THE ADMINISTRATIVE JUDGE: JEAN-PIERRE CRISTEL AUTHORITY OF FINANCIAL MARKETS

Requesting party sec. RAMY KAMANE Het MOHAMED KADA MESLIRespondents and SDIT INC., joint stock company domiciled at 201- 9801, rue Cérès, in the town of Dollard-Des-Ormeaux, province of Quebec, H9B 0A8etSDÉT INC., joint stock company domiciled at 201-9801, rue Cérès, in the town of Dollard-Des-Ormeaux, province of Quebec, H9B 0A8 and 7350341 CANADA INC., domiciled at 5915, rue De Jumonville, in the city of Montreal, province of Quebec, H1M 1R2 and AURIGA ERP CONSULTING INC., domiciled at 5915, rue De Jumonville, in the city of Montreal, province of Quebec, H1M 1R2 and BANQUE TORONTO-DOMINION INC., having a place of business at 3720, boulevard des Sources, in the city of Dollard-des-Ormeaux, province of Quebec.

24]This additional extension period will allow the Authority's litigation department to continue its analysis of the investigation report and the evidence collected by the investigators as well as possibly ask the investigators to collect additional information. This additional period will also allow litigation to potentially present recommendations to the Authority's decision-makers on the follow-up to be given to this case and for them to take, in the public interest, a decision in this regard.[25] In the opinion of the Tribunal, it is important that freezing orders only continue for a period when they are absolutely necessary in the public interest. [26]Moreover, the Court recognizes the particularly complex nature of investigations related to market manipulation schemes, particularly when a multi-jurisdictional component is associated. [27]After hearing the evidence and the arguments presented to it by the parties' lawyers, the Court is of the opinion that the reasons which justified the issuance of the initial blocking orders in this case still exist and that the investigation, in the broad sense of the term, of the Authority with regard to the respondents is still ongoing.[28]Consequently, the Tribunal decides that it is in the public interest to extend until July 7, 2024, as a precautionary measure, the blocking orders currently in force in this case

[Duke Knockem]

I had doubts dr vin Menon was part of the scam scheme but he bailed. None of the current board directors are involved now, CE need to be removed

[shanghai_steve]

Lolissimo of course the CE is extended. It will be on forever

[BigIbby]

If this is real, I know we are only looking another 6 months but, this seems so unfair to both ICOA and the Shareholders. These charged individuals do not seem to be involved with ICOA in any way so why not release the CE? Am I missing something? Anyone know if any ICOA employees were actually charged as well? I know a few were "disassociated" and there relationships ended. Sorry for my rant, just feel like the wrong parties are being punished.

[BigIbby]

Someone called DSACK from the ICOA Discord site just posted what looks to be a very real update from the Quebec courts. I cannot verify the authenticity but it states the blocking order has been extended to July 7, 2024 for various reasons.
They said they have translated this document from French to English. Certainly looks real to me but who knows.
I guess we now wait until July...

[carlson]

Now what are you going to do without an ass. You just had to go ahead and laugh it OFF!!!!!!!

[shanghai_steve]

L.M.F.A.O !! This pos is absolute trash , company is fake!

[carlson]

Hello my friend. GLTU GLTA LONGS!!!!

[RKhan2011]

Indeed. RMAO jusss ignole the bashels.

[carlson]

1000 bagger!!!!

[Duke Knockem]

Easy 10 bagger from here

[LuckyTrader07002]

I dunno; two years of being subpenny...CE....yeah I think we have plenty of ammo...

THE WORST IS YET TO COME

[$PennyMover]

They call it bashers scare tactics so they can aquire more

[NICKSCA123]

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.

[Scratchgolf]

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.

[NICKSCA123]

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.

[Scratchgolf]

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.

[Orange Cassidy]

LOL you stay taking L's in the penny stock market might want to sit this one out chief.

[LuckyTrader07002]

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

[RKhan2011]

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.

[LuckyTrader07002]

To .0004?

Maybe

[RKhan2011]

RMAO

[RKhan2011]

we moon soon bwahahahah $ICOA to da mooon

[LuckyTrader07002]

So, what does this mean for $ICOA?

(Thank you for posting, BTW)

[PerdonMe]

[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.

[LuckyTrader07002]

In the end Orange it doesn't matter

This junk is TOAST

No bid soon