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Re: None

Saturday, 07/30/2011 4:28:51 PM

Saturday, July 30, 2011 4:28:51 PM

Post# of 66829
Here is why this investment is a poor bet....

Here is information on this company and its management.
Keep in mind that the company employee data is dated and
it is not in ICOA's best interest to indicate they have
less to few employees. Facts are facts people.

http://www.tax.ri.gov/misc/top100.php

State Of Rhode Island
Division of Taxation
Deptartment Of Revenue

Top 100 Tax Delinquents

WEBCENTER TECHNOLOGIES, INC
111 AIRPORT ROAD
WARWICK, RI 02886

$317,699.40 SALES/WITHHOLDING/EMPLOYER
Number 8 out of 100 tax delinquent

http://www.nvannualreport.com/entities-DPC-WEBCENTER-TECHNOLOGIES-INC-CIK-0000745084.aspx
http://www.manta.com/c/mmdd887/web-center-technologies-inc
http://www.manta.com/g/mmdd887/george-stroughopoulos
http://www.corporationwiki.com/Rhode-Island/Warwick/web-center-technologies-inc/58464149.aspx

Here are the State Of Rhode Island Division Of Taxation Liens
if there is any question this is Geroge:

http://www.tax.ri.gov/documents/lien/xlien.pdf

200701494 STROUTHOPOULOS GEORGE 111 AIRPORT ROAD WARWICK RI 02886

Also Erwin W. Vahlsing has tax liens as well:

201000147 VAHLSING ERWIN W 3 JASMINE LANE JOHNSTON RI 02919

Picture, age and location and additional info on Vahlsing:

http://pipl.com/search/?FirstName=Erwin&LastName=Vahlsing&City=Warwick&State=RI&Country=US&CategoryID=2&Interface=46
http://pipl.com/search/?FirstName=Erwin&LastName=Vahlsing&City=&State=RI&Country=US&CategoryID=2&Interface=46
http://www.plaxo.com/directory/profile/210453434295/27ac8971/Erwin/Vahlsing
http://people.forbes.com/profile/erwin-vahlsing/141042

Company has been delinquent with taxes from at least 2005:

http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=4354351-167793-168195&SessionID=uAZFHqfYVohHtP7

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Here is additional info on George and this is why it appeared George may be 69:

http://investing.businessweek.com/research/stocks/people/person.asp?personId=1450346&ticker=ICOA:US
http://www.peoplesmart.com/psp.aspx?_act=resultnames&search=name&firstName=george&lastName=strouthopoulos&city=Providence&state=RI&cam=1153&utm_campaign=ppr-results
http://www.peekyou.com/_strouthopoulos
http://www.spoke.com/profiles/mWpECUf

There was a George Strouthopoulos listed at Arbor Drive age 69:

http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=4354351-167793-168195&SessionID=uAZFHqfYVohHtP7

Through July 31, 2005, ICOA leased on an annual basis, a condominium at 3 Arbor Drive,
Providence, RI 02908, for use by traveling executives. The lease was with the Vice
President of Finance, Erwin Vahlsing, Jr., at current market rates for similar
properties in the area.

Wise Technologies Inc
111 Airport Road, Warwick, RI 02889-1049
(401) 352-2300 ?

http://www.prnewswire.com/news-releases/icoa-to-acquire-wise-technologies-54375347.html
- Acquired by ICOA sometime in 2005
http://www.superpages.com/bp/Warwick-RI/Wise-Technologies-INC-L2063862418.htm

I Dock USA
111 Airport Road, Warwick, RI 02889-1049
(401) 352-2300 ?

http://www.manta.com/c/mtkvj6y/i-dock-usa

Link Spot Inc
111 Airport Rd # 1, Warwick, RI 02889-1049
(401) 352-2300

Auth Direct Inc
111 Airport Road, Warwick, RI 02889-1049
(401) 352-2300 ? ?

http://www.manta.com/c/mtkvj6n/auth-direct-inc

Web Center Technologies INC

111 Airport Rd, Warwick, RI 02889
http://icoacorp.com...
(401) 352-2300 Additional Contacts

http://www.manta.com/c/mtkvj6s/web-center-technologies-inc

Other Erwin Vahlsing business ventures:

KEPI
Clean Energy & Power Inc
111 Airport Rd # 2, Warwick, RI 02889-1049
(401) 648-0805 ?

SUGO
Sungro Minerals, Inc.
111 Airport Rd. – Unit 5
Warwick, RI 02889
Phone: (401) 648-0805
FAX: (401) 648-0699