Replies to post #28307 on Icoa Inc (ICOA)

[stluc]

this is from the ibox

Outstanding Shares:
5,387,363,273 as of August 31, 2010 (4,500,000,000 is held by insiders and is restricted until 2013, Per Company PR)

Free Trading Shares: 887,213,273 as of August 31, 2010


New Share Structure *After 1st Reduction* (Per E-mail from a Broker via T/A)

Outstanding Shares: 4.439,322,189 as of October 20, 2010 (2,675,130,082 is held by insiders and is still restricted until 2013, Per Company PR)

Free Trading Shares: 1,764,192,107 as of October 20, 2010



New Share Structure "After 2nd Reduction" (Per E-mail from Broker via T/A)

Outstanding Shares: 5,240,637,978 as of December 3, 2010 (2,675,130,082 is held by insiders and is still restricted until 2013, Per Company PR)


Free Trading Shares: 2,565,507,896 as of December 3,
2010



So after 2 reductions the o/s is the same but the float shoot up from 887M to 2.56B.

If you don't see something wrong here you better stop investing.