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We were told there were more then 3 customers last year and what was that number in the end - 3. I will only believe information that is verifiable from LCRE and not what is released based on past history of false and misleading information from LCRE in order to convince investors to buy shares.
Not with the current pricing structure which is non-competitive. CC processing is common now for hand held devices. The window of opportunity is closed and the market is not going to wait 12 to 18 months for this to be a success - it has lost the race in my opinion. Our monies should have been spent on developing this product and getting it to market with a competitive price point versus how it was actually done - we have lost here.
No one is being paid to bash anything - the investment and the ones running it are doing it to themselves.
No, just the investment is in question.
What was I thinking - LCRE losing a customer would make no difference at this point. Our money has been wasted and the true companies in this space are gaining market share while this is doing nothing at the moment.
Eh! No, I do not believe ICOA offers investors an opportunity at this time based on all the information and DD we have to date. Basing something like this which has historical issues and a potential for fleecing investors is always very suspect. How many pinks have you seen where the people in charge have a history of taking advantage of investors turning themselves around and actually delivering to investors - I have not seen one yet, have you? I remain very skeptical about this investment at this time as I have seen nothing of value that demonstrates a potential for this company to make anything happen. The hybrid LOC is the only potentially positive about ICOA and it is suspect in my opinion. It is not money but credits and shares purchased at an "equivalent" value - not a true LOC at all.
This is a "business" with a lot of problems. I want to see
factual and achievable results not the fantasy land imaginations that investors are coming up with for ICOA nor the excuses for why it is not delivering. This is offering what the majority of pinks are offering, your money for nothing.
Kind Regards.
Unbelievable - this has been exposed and you still try.
Company success based on pure conjecture - no facts to support super WI-FI for ICOA yet posters say it is possible with nothing to support it. There is nothing from ICOA that supports any of this conjecture at this time. If anything, super WI-FI will be licensed with the large carriers with money rather then a company that has nothing substantial to offer in a licensing agreement. Unless the companies involved with super WI-FI are giving it away it is unlikely ICOA will be involved with any of it.
I am faulted for stating details yet investors invent non-verifiable super WI-FI involvement for ICOA when none exists
is absolutely outrageous and irresponsible.
Show me links that support ICOA involvement with super WI-FI - don't bother as there are none.
They may be out of business - no response from them to PayPal for not receiving my order. I will escalate to a claim at the end of this week. I e-mailed and called them for status on this order - they appear to not care. Rate a 0 in customer service at this time.
Doesn't matter unless LCRE is able to sell their product which is not happening or has not happened yet. 3 customers - wow! I am also concerned if any revenue is being derived from these customers as a loss of a customer at this point would be extremely detrimental to LCRE business. I never see this going above a 1.00 unless they can sell to a major chain.
Paid to tell the truth - I wish.
Good for you - George and company need money!
Funny thing is I see people say "average down" to those that may have purchased at a higher price. Don't fall for it. If the investment is illicit it just helps support it longer until they RS the investment into nothing or it is stopped. Typical pre indicators of this is dilution - shares coming off the printing press. I have seen an RS work. It only works for something that has substantial news/revenues behind it, otherwise, the investment is typically lost.
Don't buy any more ICOA until George delivers.
I wish there was something we could do other then report this to the SEC. If this is not on the level and there are facts that support that position there is nothing we do will make any difference on ICOA's management. Sharing with them how angry or disappointed one is makes no bit of difference - they are used to it. It is in their best interest to be successful, however, if that's not going to happen then we are subject to another illicit pink. The wonders of data, technology and sharing will help expose these sooner and save investors from these investments.
I am open - knowing what we know now:
1. Little to no revenues other then stock sales
2. Tax liabilities for unpaid Fed and State
3. Conversion of past owed wages and debt to preferred from legal actions against ICOA
4. WISP an alleged SHELL company
5. Alleged less then reputable history extracting equity from investors by persons involved with ICOA
6. Alleged confirmation of past less then reputable history from another source other then myself
How is this going to succeed again?
Wake up - this is a pump and dump - does not mean you cannot
make money if you can time things right.
That is unfortunate and just adds to the concerns.
Just like here. Yes.
Translation - ICOA not making money!
Everything I have been saying about this has just been confirmed and investors keep making excuses that this time it will be OK.
This is typical - until the very end facts just do not count. Saw the same thing with other investments when they were exposed and there were investors that just would not accept it. No need to respond and waste energy on this - you have seen the history - we'll all see as the "equity" is drained from this one.
Typical - anything negative for ICOA and there has to be a motive that explains away the comments that there is no reason for them other then fiction versus facts - we'll see. Here is where investors add or excuse the facts that suit them.
A general reply to ICOA supporters - ICOA only wants your money and could care less and will smile and say nice things to investors as they take your money for as long as they can get it. It is not a lack of news - it is the past actions and statements of the company that have been repeated already that bring into question the viability of this investment. Pink CEO's love believers because they fill in the facts and make excuses when everything does not make sense. We'll see. No need to reply as we all already know where we stand at the moment.
Anything coming from ICOA is pumped by supporters regardless of the level of substance. It is made to seem great things are happening despite the history here. We'll see.
Wrong - not paid at all for this - keep hoping.
We'll see.
Someone posts something contrary and instantly you have to be working for someone else. Sorry to disappoint you - no one.
It is astonishing to me that investors only want to see the positive side of an investment in this arena versus the potential for loss here. Someone will be making money here - I question who it will end up being.
It just shows I pick the ones that fail and I have learned to see the signs of where and how these work. So, here is another one. Take some time and go read through the history of those boards versus just my postings.
A 45.00 paint job to get to .0003 - nice!
I am not trapped - however, I am not going to get out just to make you happy because you do not like contrary information posted even if there is a a potential credibility behind them. We would not be having these discussions if George had been delivering.
OS increased significantly even though there is a share "reduction".
Unpaid back wages and obligations where the company had to be taken to court in order to get them to pay.
Past company tax liabilities at Federal and State levels.
These three components combined with the PR's released by this company is why I question the validity of this investment. Also, the CEO using a board poster to send an article about major WI-FI company activities to imply they may be related to ICOA? Questionable at best.
Actions and past actions say volumes about a company.
If you say so.....We'll see.
With your view of the current DD and your belief which is an essential component to makes this work you will be successful. Despite the facts and actions to date of this company.
I do not see verifiable information being posted - I see conjecture based on a minimal about of information. Unable to pay past wages and obligations - imagine needing to be paid by ICOA and not getting paid where there is enough of you to have to go file a lawsuit in court to get paid? If a company is making money or just breaking even they pay their obligations right? Explain why this demonstrates this is all good?
If I believe things are not on the level why would I believe the CEO is going to be on the level. Prove otherwise! Show me that I am in error - you are unable at the moment as their is insufficient information one way or the other.
Well - do what you need to do. It will not stop me from posting what I am seeing.
Prove I am being untruthful about ICOA - demonstrate? You are unable to do so.
Also, if the CEO files lawsuits against board users for negative comments that would be the final straw - it would prove that this is not on the level. Usually, it is a sign of desperation of a company trying to silence certain individuals which is where the anti-SLAPP laws come into play. It has been done before and it goes nowhere.
You need to look at what are called anti-SLAPP laws. Also, defamation of character are for personal attacks - not for statements that question the viability of a company and the way it is being ran in one's opinion.
I am not being impatient - George is not delivering and has shown, based on the information to date, there is something wrong here in my opinion. When I see something that indicates otherwise I will be the commenting on it.
Maybe - could be either - they do not want to lose what little they have or they have something in the works. I certainly hope they have something in the works - just not seeing it yet.