Here are some of the concerns for ICOA going forward....
Call it what you will - however, here are some details that appear to be overlooked - I look forward to hearing George address these issues...
If this is a profitable company how is it that they did not pay wages and obligations totaling 1M+ which had to be taken to court in order to obtain some form of payment from ICOA which ended up being conversion to preferred shares. If they are making money where is it and why are they not honoring their obligations?
ICOA tax liabilities - if they are making money why are they not paying their taxes?
10M Hybrid LOC - not a traditional LOC. Just because it is PR'ed does not make it viable.
PR with a dormant WI-FI company (IMO).
News generates increased volume and minimal PPS increase then it falls back to previous levels. Dilution by discounted share buyers into ICOA causing PPS to remain stagnant (IMO).
Pink CEO's commit fraud all the time to separate shareholders from their monies. While we are all hearing the speculative rosy future for ICOA these past actions appear to be a non-issue for several.
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