Icoa Inc (ICOA)

[BIGRED44]

Who's the second private company?

The Company is in the final stage of merger negotiations with two private Wi-Fi providers as previously announced. One candidate has informed Icoa that it has cleared with its major investor to proceed with the merger and is preparing its financials for presentation and DD by the Icoa executives during the month of January 2011.The second candidate is preparing its financials for presentation to Icoa also during the same month. ICOA's management is familiar with their operations and anticipates that it can complete the DD rather quickly