Replies to post #29928 on Icoa Inc (ICOA)

[jerlegg]

That would be nice. Real nice if the reason why the volume has been so low is bc of reduction in stocks which would be an even bigger buyout!

[stluc]

unfortunately it's people like you who make the board a joke.

0.50$. Get real!

[plmcc]

Whoa !!! That's QUITE a prediction.

50 cents a share would mean that BOINGO values ICOA's buyout price at around 700 million dollars.

Now, that's based upon the numbers I came up with in my post #29630, where I calculated a very conservative current O/S number of 1,412,363,273 shares. And, 1.4 billion shares times .50 dollars per share equals around 700 million dollars.

Whoa !!! That's almost 10 times the amount BOINGO was looking to raise in it's recent IPO. So, I'm thinking 50 cents per share is more of a dream than a prediction.

However, IMO, 1 to 2 cents per share might not be all that far off.

But, that's, also, just my opinion. So, while I watch and wait, I'm . . .

"Keepin' Da Faith"

-= :-) =-

plmcc