Icoa Inc (ICOA)

[williamjf77]

it is a fact that ICOA diluted into the last run, float was 800 mil plus now its 1.4bil or whateverit is. they also stated in a pr that they would dilute. with that said it doesn't mean the stock is done but i think it is gonna take a little time. the .50 per share is in cash equivalent credits which just makes their balance sheet look better, and their are restrictions on what they can use the credits for. my guess is If I gave a company 10 mil in cash equivalent credits for stock i could have bought for 10k, there would have to be another reason why i would do that. because this company will never be worth the 50 cents a share as it is now. i mean for 10 mil they could have bought 10 bil. shares at .0005