H'mm . . .
1. This doesnt look good. ICOA was suppose to acquire company by end of 2010 and still only LOI.
- This is true.
2. CEO is being quiet.
- This is also true.
3. Pretty soon all shareholders will say enough already.
- EXCUSE ME ? "...ALL shareholders..." ??? Don't think so, bud. Not yet. Like I've said in previous posts, NO ONE knows what's going on inside this company. George has been quite faithful in supplying news. George does, however, seem to be rather Schedule Challenged. So, we ALL wait and see. Nothing MORE, nothing LESS.
4. Kinda sad if this guy (George) is just draining equity.
- EXCUSE ME? "...just draining equity." Has George been draining equity in the past? I don't seem to remember that in any of the DD posts thus far? Now, has George been using stock as "money" so to speak? Yup. Is that unusual behavior for a CEO of a sub-sub-sub-penny stock? Nope. Does that behavior automatically signal imminent and certain disaster? Nope.
Will there be NOTHING left for us poor, poor common stockholders?
Well, IMO, once again, I have to say . . .
I don't think so, bud.
But, that's just me. I'm like that . . .-=:-)=-
"Keepin' Da Faith".
Go ICOA !!!
plmcc
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