Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The float keeps getting bigger. Management is dumping way too much like they don't even care
I'm just wondering who's gonna accept caveat emptor stock. That's why I think it wouldn't make sense.
But you have been right so far!
The can't promote with no substance.
Let's hope we get substance before then so we can all be happy with our gains.
I feel like management isn't even aware of what they're doing to common shareholders
That's pretty good news. Hopefully he pays fast!
If $KALO had only 1 common share it would be WORTH MORE...in the thousands, because of supply and demand.
IF $KALO has a billion common shares then it would be worth .0001.
It's going lower because new shares are entering the market everyday from NOTE CONVERSIONS.
The float increased and has been increasing drastically. That's a FACT.
Call the T/A, THEY WILL PROVE THIS FACT.
It's not opinion. It's a fact it's going down due to dilution.
This is the OTC man, every stock here goes down from dilution.
Now whether shorting happens during the downtrend is a different story, but in the end is still irrelevant.
It's going down not because of short selling....
Notes are converting on to the open market. The float has grown by millions and the a/s has been increased to a billion...
By liabilities paid by the principles, your talking about "Rick" finally paying ICOA's payroll taxes on the books?
If yes, does this mean ICOA has to wait for Rick to pay them back? I wonder where Rick is going to get that kind of cash.
Well, the fact that they previously filed means they plan to do something or else there would be no reason to file in the first place. Let's see if it's before this year again.
$SKYF- apparently it's working on getting awareness +filings.
So even better news for us! Let's hope ICOA does something
this is what was posted after those court filings, not sure what it means.
https://www.scribd.com/doc/275905595/Clerks-entry-of-default
Yes he's suing ICOA currently for the back taxes.
The final judgement is ICOA is defaulted since they never appeared or responded to Richard schiffmann since 2013. No response or appearance from ICOA = ICOA loses.
FYI GUYS, ICOA ended up defaulting. They never showed up to the court appearances, so they have to pay up the money in payroll taxes that was owed. This probably explains why there is a "trust" for the 3 billion shares made to pay back the fees. This could be good or bad. They cant dilute stock without any interest or buyers.
The default and final judgement was made on 7-24-15...4 days later ICOA filed current. Could mean theyre going to release some nice news on the horizon hopefully. They really have to choice...they got to get the money somehow.
Heres the 41 page pacer filing. (im subscribed to it so i get to see all these filings.) theres alot more, but this 41 page is the last and final judgement, along with the exhibits showing what ICOA must pay back and proof of it.
LINK
https://www.scribd.com/doc/275518872/ICOA-DEFAULT-JUDGEMENT
conclusion: they gotta pay somehow...they have 3 billion shares that were specifically put in a trust for this exact reason, to pay back the money owed. The key is the only way to do this is to run the share price up and generate some substantial interest/run the company in the new direction. lets hope its before the end of this year.
sorry about my grammar. too lazy to proofread
Ok then using your argument. There's Also no way to know if they sold or not.
Good day.
Going below a penny was gonna happen. I already called that.
It only makes sense mathematically with all the notes converting.
Is your implication that because it's going lower, it means Managment has lied and misled investors?
I thought what they were doing was all checked out and that just the timing is very slow?
So their claim checks out.
If you use some logic, you would know that it has to be atleast a year with caveat emptor stocks.
And Bob told us that he finally received funding around last December.
His email is the sky440 email. It never changed
Bobby mc bobber said he will get back to me by this week after I asked for a timeline.
Which really could mean anything or nothing lol
That's still what it is.
There wasn't any. People just tired of waiting. I don't blame them
It clearly says .0001 and it ends December.
It's lost patience. Simple
Of course they wouldn't. They're restricted too.
That hurt hard...
Is that a joke in poor taste?
Can I ask why you think wetseal will help common shareholders?
Current is old news.
Incorrect. They have plenty of shares to dilute. Check the 3 billion shares in the trust.
They can't dilute without buyers.
He never told me exact dates :( dam he must like you more than me
When did he say that? If you don't mind me asking, can I get proof?
Ask randomly increased to 156 million. Not sure why they bother. It's not like it's gonna sell. Unless they know something we dont
Like if we really think about it and look back, Ed has been dragging this clever cover up for a while.
I don't think anyone is actually connecting the dots on the suspicious new info in every new filing.
But whatever.
Ed does well in increasing share price. He will probably surprise us once again with more gains.
Ive been saying that forever.
Nothing was revealed until the last form 10 was out.
And new things became revealed.
It's most likely the very reason it's taking so long to file a form 10.
They were amended
I think we will see nice news hype and then an R/S
His focus is in both places. Just this one is taking longer because of the legality of the industry
You think they're gonna merge icoa with QBAN? I doubt that.
A pump is what we need! Nothing wrong with that lol
That's all of pinky land. What's the surprise?
when you buy common stock, the company doesnt keep the money.