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.
Any guess at what the non restricted or locked down portion of the float is? Be really awesome if we as a group own a majority portion.
George clearly has a different definition of "mid" month than I do. I know I am just being impatient but, he owes the shareholders updates on many previously promised items.
I understand delays on JV's/acquisitions/financials/share reductions but, what about at least the website?
They also need to get a PR guy ASAP or shareholders are going to start losing faith. It is not acceptable that they do not have anyone that is available to answer simple questions.
Be nice to get something this week and I believe the markets are closed Friday. 9 trading days left this year including today!
Has anyone heard back from ICOA regarding news? I emailed this morning to ask if we will see this week and have had no response.
just over 18,000,000 here and adding cheapies
I agree. Giving people the weekend to read and get excited always leads to an explosive Monday morning.
Do you think we will see something today or next week?
Come on George, let the BEAST FREEEEEE!!!!!
Buckled in and waiting for blast off.
Good luck to you.
I am an eternal optimist!
Good luck to us all.
Good luck team ICOA! Feels like lift off.
I hope they do meet the deadline as I am sure many others do as well. No doubt investor confidence has been shaken but, like many others I will see this investment through. Not much point selling shares at .0002!
Thanks
The Dec 3rd PR states, and I quote:
"The company has taken the steps to revise and update its website and it anticipates introducing a number of the updates in the first half of December 2010."
The first half ends on Dec 15th so I hope we see something tomorrow.
If George delivers on his "by Mid December" PR update we should have a good day tomorrow. Fingers and toes crossed!
Over, curious why you are asking??
I do believe this will still easily see .002+ which will offer us all a good return.
Good luck on your 4's!
I really hope this turns for you and alot of us are in the same boat. I bought a ton of shares north of 7 so even averaging me down still has me now at just over 4.
Should we take bets on if George gets us a PR by the 15th? Any guesses when we will see it? I pick Wed, 15th at 9:00 AM.
I think you are right on the money but, my hope is that the public float that many claim to have been growing by the billions is locked down as "restricted" as perhaps they were shares given to companies per their acquisition plans. This would leave the balance of the public float with strong investors who are not selling as they want to make a return and see the next steps.
I know its a long shot but I can keep hoping this will right size soon.
That would be awesome and will send this way north!
You are probably right about looking more simply at the long term picture but, I also beleive that a CEO is responsible to the share holders of his/her company. People make purchase/sell decisions based on PR's and it should be expected that those commitments made should be met. Is this not right?
IMO - Rubber meets Road week at ICOA! Here is what I need to see, what I expect and when.
I understand things happen and I am extremely patient (been here a long time) but, I believe that if a CEO of a public company that has been in business for 20 years is going to make promises to the market they should understand the potential road blocks in advance and not over commit if they can not be achieved.
1. We need an updated Web site. This was promised before and all we saw, after the promised date was a notice that they awarded an already existing partner the job to build a new one. Need by Wed, Dec 15th.
2. Need confirmation the second "1 Billion" shares to be cancelled by Dec 7th was cancelled. Need By Wed, Dec 15th.
3. Need time line and understanding of what else they are actually cancelling. Are they still doing the whole 4.5 Billion they promised. Need by Wed, Dec 15th.
4. George promised info on JV and Acquisition by end of November. We need this info by Wed, Dec 15th as it is past due. I personally believe the lack of info by the deadline has hurt the share price and the volumes. Just my Opinion.
5. I understand he is now saying financials will not happen until sometime in Q1 which, again him having been in business for twenty years he should not have committed if he could not complete but, We at least need to see an updated Share Structure immediately. We can not build any momentum until people stop screaming dilution, unless it is real. The other fact is in the PR where they announced 688,000 shares "Preferred B" to convert over $2.0 million in debt, we have no clue as to how many shares each Preferred B equals. Back in 2006 it looks like each was worth 10 common but after the R/S back in May 2010 who knows what the structure could look like.
Anyway, I will be emailing George again asking him when we will see updates but, I expect he will not respond as he has not to date.
I hope we have a big week/Month/2011 with ICOA and we all make tons of money.
Good luck All!
Don't forget a bunch of those new shares are from the debt conversion announced recently. That is a good thing in my opinion. Better than the company running a negative every month.
Any thoughts on who the new moderator will be? Thanks for all your devotion to the ICOA investors!
Thanks JBS! Let's look for good news tomorrow morning and hopefully kaboom!
That is odd. I also notice sometimes when you place an order to buy or sell that L2 never lists the price. As an example I had placed a sell at .001 for weeks just so my shares could not be used and L2 never showed that price. I wonder if the MM's are able to manipulate what we see for some reason. Anyway this thing will pop soon enough and we will all be laughing.
Very interesting.
Looks like nobody wants to buy three's and nobody wants to sell two's so we have a standoff.
Completely agree but, would be nice to get out of the basement and see some action on this soon.
Only other one I have heard is 911=Pending news.
Not sure if they are real but, who knows...
Did that feel good? I do not understand why it would matter to you if people like a stock? Please explain.
Oct 4th, 2010 = 20 Million for AMC Agreement
Oct 20th, 2010 stated new acquisition model on a "Share for Share" basis.
Nov 9th, 2010 = 688,000,000 to convert old debt.
I do not beleive the company is hiding anything. Getting them to profit will help the PPS and benefit all shareholders IMO.
Did you read the past PR's? Do you know what convertable debt is? They have stated publicly they are converting old debt to shares to strengthen their balance sheet to get to profitability.
IMO the low volume is a good sign that means people know this stock is worth much more and are not selling.
Always has, means they are not reporting. This is what they have promised to change.
I could be wrong but do not think they ever made profits which is why they are converting legacy debt to equity. This conversion is needed to get them to a profitable state which will drive up the PPS.
I thought it was just revenue
I would be happy with 2B OS, JV, Acquisition and full financial reporting. I believe that would take us well north of .002/.003
2 Billion shares at .003 = $6 Million Cap
When I look back at 2005 their revenues were in the $2-3 million and they have said they have declined since. I think unless the JV and acquisition are huge this is around where we will land.
Thoughts??
100% THE RIGHT MOVE FOR ICOA. EPS growth = PPS explosion!
I believe the increase in OS of 800 Million is about what the PR said they were converting to from debt??
Convertible debt = type of dilution (could be why OS up)
But the good news is they are not carrying that debt load anymore!