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Crazy Money

11/26/12 11:49 AM

#37555 RE: CowBoE #37428

Update: the CEO of ICOA is denying the report as well. :-D

CowBoE

Monday, November 26, 2012 11:31:08 AM
Re: None
Post # of 37561
SCAM...GOOG didn't buy ICOA (link)

http://allthingsd.com/20121126/google-sources-say-company-didnt-buy-icoa-wireless/?reflink=ATD_yahoo_ticker

Sources at Google are denying reports that the search giant has acquired ICOA Wireless in a $400 million deal.
We have yet to hear from a Google rep on the record. But people within the company say that contrary to a press release posted on PR Web, Google has not bought ICOA, a Rhode Island-based player in public Wi-Fi Networks. Shares of ICOA, which are traded on the OTC “pink sheets”, are up sharply this morning.
We’ve reached out to executives at ICOA wireless for comment as well, and have not heard back.