ICOA Inc (OTCMKTS:ICOA) is best known for providing network support meant for broadband internet access installations in high traffic areas in the United States. There has not been any news about the company this month so far but the stock has been in the middle of a rollicking rally in the past week.
Yesterday, the ICOA stock continued to attract the attention of investors and ended the day with gains 29%. That took its gains for the past week to a staggering 185%. It was back on August 23 this year that ICOA was last in the news after the company provided a corporate update.
ICOA announced that it was working on the process involved with task of uploading its financial and disclosure statements to the OTC Markets. The submission of those statements is necessary for the company to eventually achieve Pink Current status on the OTC Markets.
At that time ICOA had announced that it was looking to get complaint with the rules on the OTC Markets and in addition to that, the company also noted that it was also going to upload a letter from its attorney with regards to this particular matter. Investors could consider keeping the stock in their watch lists at this point.