Or is the CE just going to stay on?
That's pretty mind-blowing that they have been "trying" to remove the CE for 14 months and even said like a month or two ago that all questions from OTC Markets had been answered and that they were just waiting; there was nothing more to do.
And then they just dump the Goodwill out of the blue at the drop of a hat.
That sure seems to raise suspicion that it was a scam figure the entire time and this is a desperation move to try to get back to regular trading, albeit with a MUCH smaller company valuation. Why would that matter? It wouldn't be concern for shareholders, they don't care about you at all.
But insiders with holdings that can't cash out, now that is a different story.
There just aren't enough Canadian morons to sustain any kind of volume to sell into.
So does ditching the Goodwill take ICOA from scam status to "oh yeah, that's what was holding it back now it's not a scam anymore we can let the insiders cash in now"?
Or is just confirmation they were trying to scam people and there is no reason to reward them just because they admitted to the scam and the CE stays?
Should insiders be allowed to finally cash in on CE removal just because the scam has been admitted to?
That's one interpretation of the situation to consider.
News 
Market Data 
Discover 
AI
