Icoa Inc (ICOA)

[Lone Wolf]

The company has an objective in mind.

What we know:

They did an R/S as part of debt-restructuring. Why do this? Either to 1. manage costs or 2. become more attractive to a potential acquirer.

CEO indicated it has become a competitive market and there is lots of mergers and acquisitions occurring as bigger companies consume smaller ones. ICOA might be considered 'smaller' and ripe for an acquisition.

Last week's news indicated pinks will be brought current. Why bother?

What we don't know is why the recent activity on the company's end. The 'in-between-the-line' do not tell me there is something 'nasty' that we are heading toward, though you never know until the deed is done. My money is on the side that says we go higher. I'm right there with ya MT.

Go ICOA.