Replies to post #29173 on Icoa Inc (ICOA)

[dave399]

ICOA, Inc. Cancels Additional 1.675 Billion of its Issued-Outstanding Shares
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3:39 PM ET 4/27/11 | PR Newswire

ICOA, Inc. (OTCPK: ICOA) today announced that it has completed the documentation for the cancellation of the third and final tranche of 1.675 billion shares held by related parties. It will be effective by April 29, 2011.

Following up on its previous announcements last December, to reduce the existing issued and outstanding shares, the Company is pleased to execute this third and final cancellation.

The Company is also working on completion of the financials of the years 2009 and 2010. Since there has been no reporting for several years, this effort has taken longer than it was originally anticipated but each year as it is completed will be posted on OTC Markets alternative reporting platform.