Las Vegas, Nevada, Aug. 05, 2021 (GLOBE NEWSWIRE) — ICOA Inc. (OTC PINK: ICOA) (“ICOA”) updates Shareholders and Potential Investors of Management’s Approval of its Application to OTCIQ. The Company will begin the process of uploading to OTC Markets all required filings and updates to achieve Pink Current Status.
“The Company will adhere to OTC Markets and SEC guidelines for Best Practices for Disclosure and Transparency” stated George Strouthopoulos, ICOA, Inc. CEO.
In adhering to these guidelines, the Company is in good standing with the state of Nevada, and federal taxation departments. The Company is in good standing with its Transfer Agent. All Share information will be automatically updated on OTC Markets.
OTC Markets has approved ICOA to access and update the profile page and begin the process of uploading financials. As of today, the Company is preparing to upload the previous two calendar years 2019, 2020 in addition to the most recent quarterly disclosure statements for 2021 to its OTC Markets profile page.
The Company believes it needs to be in good standing for it to provide shareholder value. The more transparent that it is with financials and its business plan, the better confidence it brings for the investors. The Company aims to build trust and long-term investors by also engaging a new SEC Attorney, CPA and Auditor to help guide our transition to Pink Current Status.
“The business plan permits growth in shareholder value and the Company is not stopping at Pink Current. We are excited about getting OTCIQ access. The Company has not had this in many years, we are emancipating from this status so that we can provide new vigor to the Company” commented, George Strouthopoulos, CEO.
Please note: The company does not currently have any social media accounts. All updates and progress will be updated on the OTCIQ profile and through proper disclosure outlets to the public. Please do not contact the company for any information that is not readily available to the public. Any social media sites and or information can not be relied upon.
ABOUT: ICOA INC.
ICOA, Inc. is a national provider of wireless and wired broadband Internet network support for broadband access installations in high-traffic locations across the United States including, quick-service restaurants, hotels and motels, travel plazas, marinas etc.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company’s control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
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