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The 2's are the discounted stock buyers selling for their instant profit as they are not seeing a pop soon. MM's are always used as the scapegoat for why the stock price is up or down rather then what is happening with a company and its stock sales.
It is the financials or bankruptcy. In order to reduce their tax liabilities they need to do the financials in order to keep whatever business they still have. It will also keep the federal/state from forcing sale/closure of the company. Makes sense.
Pink CEO's love supporters like this. They add the necessary information or make excuses for when things don't add up to try and make them.
Yes, the CEO telling you someone is a complainer and nothing more - very solid information to base an investment on - buy more!
It is the lack of evidence that supports the possibility this is a pump and dump - as with most pinks, companies use the lack of info in order to entice investors that big things are coming. We'll see.
Yet they can claim less then 1000 or (dated) more then 1500 locations. Appears they can at least state generalities at the minimum.
Agreed, less then 1000 locations - question is how many actual locations exist today? Why don't they disclose this? Isn't this important to understand how many locations and if they are making any money? I think this is important. All of us have invested on the hope that this will be turned around. We are investing in a business which claims to be positioning themselves to be involved in current WI-FI, wants to do JV/RM if possible (what business wouldn't want to do this!), yet we do not have any current information on business operations. It is not so difficult for George to give a general disclosure on current operations - he should be able to ball park it at this time while waiting for the financial details. All of this is important so we can understand the potential of ICOA going forward. Past/current financials are necessary for them to offset their current tax liabilities - makes sense.
These filings are also for back taxes. Basically, they need these statements in order to file back taxes and offset and hopefully reduce the amounts being requested for their State and Federal business taxes.
Today it does not look like it and I will get out if there is a next pop. I am not a pumper or a basher - this is what I am observing at the moment and it does not look good. Yes, I am invested here and it looks like I made a mistake investing here. We'll see.
Anything verifiable demonstrating a true potential for business and revenue generation.
We do not even know if they are profitable or breaking even at this point in time as they have no current financial filings. They have not paid their wages, bills and tax bills which is why I question ICOA viability.
1.00? Can't even break .0004 at the moment. If we were at .005 or above we would not be having these discussions because something would really be happening. Remember, end of what month again this is going to "happen". Not likely unless something huge comes out and I am not seeing it. This would have been higher if it had not been diluted.
Some of us do not like scams like this and seeing other investors being manipulated by pink companies. I am here until ICOA succeeds or fails. Right now they are doing the failing part based on what information is available today.
I see this all the time where negative information gets posted and others say sell and move on. The last couple of board mods did this. Typical - board is for both pro and con. I wish ICOA would give some pro information instead of all the con.
Another no substance update from ICOA. This is looking like a pump and dump more and more with every update. Useless financial data for ICOA. We are in trouble - however, buy more as ICOA needs your money.
Basically, no PR, no update on any revenue potential business.
Only 4 years to go - no RM without financial info.
2005 and 2006 make no difference today. How can one base a business on 4+ year old financial info?
Useless update - cannot make any determination with 2005 and 2006 financial data.
Who is paying for travel, place, etc. for meeting? I suspect they are not coming on their own dime. Shareholder money paying for this meeting and travel and all costs associated with this meeting. It appears to be the wrong action at this point in time and is fruitless as additional shares have been issued and would equate to 200B+ shares reverted.
So, no links to say otherwise - thought so.
Where is a link to prove otherwise? None!
Also, if we do not buy shares ICOA is unable to sell discounted shares because they are unable to re-sell them for an instant profit.
Discounted shares are sold for larger sums of money then you are I would put forth at this level.
We are not "retail" buyers - discounted buyers are retail buyers being referred to by ICOA (IMO).
E-mailing or talking to George is of no value. Filings and PR's with an actual indication of revenues are key here - without this nothing is going to happen.
We'll see how it unfolds. Downhill from here unless ICOA pulls a rabbit out of the hat.
I hope you meant RM not RS.
If I am right, you are misleading investors - think about that.
I do not believe I will have to apologize if ICOA keeps doing what it is doing. We'll see.
What if I am right? I and others think I am. We'll see.
If I am proved wrong I will apologize with admit the error if this is what happens with no hesitation.
I am undone-totally exposed-we'll see :)
Likewise! We'll see who is wrong.
You called them and they said they were legit - wow!
Show me a financial filing for them and we can discuss.
Wrong - believe what you chose despite the facts.
Yes and no. Other investors are provided with more details to make an informed choice versus a jaded one sided view of this. This is typical.
WISP - no updates to their website in nearly a year for an on the move dynamic company appears, in my opinion, to be dormant - show me otherwise. I also posted this info on the board for WISP when the PR was announced - no one chose to take notice.
The possibility of fraud exists here and it is the facts that point to this that appear to selectively ignored by several pro ICOA.
We'll see.
Profitable companies pay their obligations - unprofitable do not.
We'll see how it unfolds from here.
No, to e-mail George is of no value as I have said and a link for known information is not necessary for those who have been following ICOA.
Here are some of the concerns for ICOA going forward....
Call it what you will - however, here are some details that appear to be overlooked - I look forward to hearing George address these issues...
If this is a profitable company how is it that they did not pay wages and obligations totaling 1M+ which had to be taken to court in order to obtain some form of payment from ICOA which ended up being conversion to preferred shares. If they are making money where is it and why are they not honoring their obligations?
ICOA tax liabilities - if they are making money why are they not paying their taxes?
10M Hybrid LOC - not a traditional LOC. Just because it is PR'ed
does not make it viable.
PR with a dormant WI-FI company (IMO).
News generates increased volume and minimal PPS increase then it falls back to previous levels. Dilution by discounted share buyers into ICOA causing PPS to remain stagnant (IMO).
Pink CEO's commit fraud all the time to separate shareholders from their monies. While we are all hearing the speculative rosy future for ICOA these past actions appear to be a non-issue for several.
I hope this turns out to be right!
I have no direct information from the CEO and the information we do have is why this investment is a potential suspected pump and dump.
However, since you choose to take everything at face value, knowing that 99% of pinks are scams - where does that leave one?
This is why it is challenging to discuss this with you as you reword statements and make suppositions about ICOA. We'll see.
We can agree to disagree and see what happens.