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How were you able to get the OS today?
Hey PP1, do you mean additional news? Any thoughts?
I have just emailed George and the Investors email. I must admit that typically when I email I do not get a response so I do not hold out much hope.
Nobody would argue if this is the "THIRD" cancellation it is a good thing but, the PR says the "SECOND" which was supposed to have been completed back on November 3rd. Aside from the fact the size is much smaller than promised it would be nice to know if the other 1.3 billion shares were actually cancelled wouldn't it?
I really hope this is just a mistake. Oct 28th they announced the second piece so I would find it very alarming if this is only #2.
The other thing that is concerning though is where is an update about the JV and acquisition? He has gone very quiet and seems to be avoiding the topic??
Thoughts?
Thanks!! I had emailed but not heard anything yet.
I checked a couple of other websites like Manta and they list this company as a 10 employee business. It would be awesome if they are $10-50 million but I have not been able to confirm that.
Has anyone heard from or emailed George lately?
The reality now is this is a waiting game.
All 10 PR's posted in 2010 have been done before Noon EST! 8/10 were posted before 11:00 Am.
Any thoughts as to why we have not seen any PR's yet? They were coming regular like clock work and they committed to end November. They must know it will not be good if they start missing on commitments.
Comments/suggestions??
Could also explain why all of the debt that was converted to equity was done at a higher price.
I really hope we hear something today as the last day of November.
Fingers crossed as that would be awesome!
Me tooo. I have been in this for a while and have averaged down by buying a ton of cheapies but, I really would like to see this pop before the holidays.
Best of luck!
I would also love to see that PPS but, consider this; if the PPS was 50 cents and the O/S had been reduced to 1.4 billion it means the company has a market cap of $700 Million. That is a very large market cap for a stock trading at .0003 right now. Again, not impossible and just my opinion but I think if this gets to .01 it would be incredible. I do think this is an awesome company!
Cheers and good luck.
My targeted exit is slightly lower, however, 50 cents would make me the happiest Canadian on the planet!
GLTA
I really hope it is big and would really like to see the financials which have to be done soon. Once those hit we should see an instant correction as there will be no more speculation on revenues and profit. All we can do is load in the meantime because IMO there has to be big profits made buying at .0003/4.
ICOA #14 on the most active stocks. Must be a lot of chatter in anticipation. I feel like a little boy on the night before Christmas full of anticipation!
T-? TO BLAST OFF. (HOPEFULLY 9:30 EST TODAY)
GOOD LUCK TO ALL!
Great point and good luck. Lets hope this is ICOA's week to shine.
Let's not forget the updated financial statements. IMO the JV and acquisition are great and will move the share price (hopefully) but, to me the proof will be in the financials as they will show us revenue, cash flow and finally provide clarity around share structure.
I am really hoping that with all the debt that has been converted and some of the other services for shares deals that they are going to be showing profitability. If we see profit in the PPS and then JV and acquisition I think (hope) this will fly...
Anyway best of luck to all and good luck on this as I have my fingers crossed.
Enjoy Thanksgiving and all the best!
We Canadians couldn't wait and had our Thanksgiving back in October. Always amazed me that the two were not the same day.
Cheers
Was really hoping for news today with Thursday being a holiday. Not sure if they will realease anything tomorrow as they will not get the benefit of the run.
Thoughts anyone?
Thanks!!
Any reason to think it is ICOA they are promoting?
LET'S GO ICOA! WE NEED FINANCIALS, UPDATED WEBSITE, ACQUISITION AND JV INFO AND THE PPS GOES TO THE MOON!
GLTA
Wise advice, I think even longs need to take profits from time to time to lessen their long term risks.
My strategy here has been to keep a large amount for long and range trade between 2 and 5 and I have done nicely.
Regarding the future price I am just going to wait to see what the Financial statements, acquisition and JV say and then determine my next steps.
I wish everyone good luck!
That is why I am here. Where else can you buy into a 20 year old company in a booming industry that has released so much pending good news for .0003!
GLTA
Sounds more like you need to get over it and decide how you really feel:)
Just one week ago you said:
BIG
ass accumulation happening right now. Just a matter of time before this gaps to over .001. Just look at level2!
What happend? This is triple zero land. Things take a very long time if they happen at all. Low risk, high reward....
They said they would "announce" JV and acquisition in November and have kept to their word so far. As of Monday only 7 business days left in month so should be soooooon.
CARR seems to have a massive hunger for 3's.
If he would move this would go up to 4's
Let's hope when we hit #1 we blast off with this stock:)
Don't forget that they have also converted substantial amounts of debt to equity as announced on at least two different occasions. We all know this has created some "locked in" dilution but, also will have a tremendously positive impact on their cash flows.
GLTY
Wow, great find. I am sure I am reading to much into it but paragraph 3 is interesting:
"Carr Securities also provides trade execution for senior management of public companies. These trades can be either for corporate buy backs or for personal portfolio diversification."
You know what will happen...This will flounder a while and then BAMMMM!!!! All of a sudden news will hit and they will start filing their financials for 2007, 2008, 2009 and then the JV and the acquisition and Website.
This stock is really, really frustrating but, I know it will eventually deliver the goods in a big way which is why I keep loading big on every dip. I just hope I am right!
only one MM left at 3
Hey PP1, Wouldn't converting a large portion of your debt to equity be something smart to do prior to releasing your financials? Any thoughts??
I think a lot of people did:)
One things for sure. I have been able to seriously average down my buy price today while stocking up!