Icoa Inc (ICOA)

[OSD]

This POS cpm[any is being used as an ATM Machine by its directors and the stock will never see daylight... any doubts just read Item 12 on the annual release...

12. Subsequent Events
In January 2011, the Company issued 277,777,777 common shares in connection with the
conversion of $5,000 of convertible debentures and $20,000 of accrued interest. The
conversion was at an average price of $0.00009 per share.
In April 2011, the Company cancelled 600,000,000 common shares previously issued to
the Company’s CEO, President, and a director. The shares were issued at a price of
$0.50 per share which was the market price of the stock on the date of issuance. The
issuance was subject to an absolute recall provision by the Company.
In April 2011, the Company cancelled 600,000,000 common shares previously issued to
the Company’s CFO, and a director. The shares were issued at a price of $0.50 per share
which was the market price of the stock on the date of issuance. The issuance was
subject to an absolute recall provision by the Company.
In April 2011, the Company cancelled 475,000,000 common shares previously issued to a
Director of the Company. The shares were issued at a price of $0.50 per share which was
the market price of the stock on the date of issuance. The issuance was subject to an
absolute recall provision by the Company.
In May 2011, the Company raised $24,000 through the issuance 220,000,000 shares at a
price of $0.0001091 through a Reg D, 504 offering.
In June 2011, the Company raised $22,000 through the issuance 340,000,000 shares at a
price of $0.0000647 through a Reg D, 504 offering.
In October 2011, the Company raised $19,000 through the issuance 380,000,000 shares
at a price of $0.00005 through a Reg D, 504 offering.