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let_it_rain

02/03/11 12:54 PM

#25846 RE: PennyStockInvestor #25844

Noted and not to rule anything out



It appears they were suspended for lack of auditing. ICOA is behind but not that behind.


Im sure the financials are going to look like crap, and im guessing George was hoping for a turn around before releasing them all so his shareholders could see improvements coming. Its obviously taking longer and a lot harder than he was hoping, and we were hoping...but they have a ways to go before they are suspended on the same account.


This is also very obviously not a scam, ICOA is out there, installed, and proven. They definitely are a legit company.
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BIGRED44

02/03/11 12:56 PM

#25847 RE: PennyStockInvestor #25844

http://www.cleanenergyandpower.com/index.php?page=management


For the past ten years, Mr. Vahlsing has been CFO of ICOA, Inc., a leading provider of public access Internet services for the traveling public via Wi-Fi. He led ICOA's initial registration with the SEC and established their public reporting systems to comply with GAAP, FASB and Sarbanes-Oxley requirements.

Mr. Vahlsing received an MBA from the University of Rhode Island and a BS in Accounting from the University of Connecticut.

ICOA_ WEBSITE:

Erwin Vahlsing, Director and CFO

With nearly thirty years of corporate finance experience, Mr. Vahlsing initially served as Chief Financial Officer of ICOA from his appointment in 1999 through 2005 at which time he was tasked with a special project. In June 2006 he was reappointed to the position by the board and continues in that capacity today.

Mr. Vahlsing’s numerous fiscal leadership roles include serving as: Vice President and General Manager of Connect Teleservices, an $8 million call center; Senior Financial Analysts for Monarch Industries, a $35 million manufacturer; Vice President and General Manager of Arctic Air, a $2 million contractor; Vice President of Finance for ROLO, a $12 million manufacturer; CFO for Bloom & Son, a $35 million manufacturer; Corporate Comptroller for Trimont Chemical, an $18 million chemical manufacturer; and Corporate Comptroller for Paul Alfred, a $15 million manufacturer.

Mr. Vahlsing holds an MBA from the University of Rhode Island and a B.A. in Accounting from the University of Connecticut.