ICOA Announces Appointment of Chairman and Chief Strategy Officer
LAS VEGAS, NEVADA, July 07 10, 2022 (GLOBE NEWSWIRE) — ICOA Inc. (OTC: ICOA), a Nevada-based publicly traded company that acquires and operates blockchain-focused businesses, is thrilled to announce the appointment of Jeffrey Coats as Chairman and director of strategy.
In his role, Jeffrey will oversee ICOA’s investor relations and banking relationships, as well as financial and corporate activities necessary to position the company for future listing on NASDAQ.
Jeffrey was recently appointed by Majic Wheels Corp. to fulfill the same role and the same responsibilities. Like ICOA, Majic Wheels acquires and operates organizations using disruptive technologies. He has previously served as a board member of several publicly traded companies and a myriad of private organizations. .
Jeffrey served as President and CEO of Autobytel/AutoWeb (ABTL/AUTO) for over a decade and successfully led the organization’s turnaround.
Previously, Jeffrey was Managing Director of GE Capital Corporate Finance Group, Inc. (“CFG”), a subsidiary of General Electric Capital Corporation, where he founded and managed the CFG Restructuring Group, which provided debt and equity.
Jefrey continues to serve on the board of directors of Fathom Realty (FTHM), a publicly traded real estate brokerage firm, as Chairman of the Compensation Committee and member of the Audit Committee.
With a BBA in Finance from the University of Georgia, an MBA in International Management from the American Graduate School of International Management, ICOA strongly believes that Jeffrey will make a fantastic addition to the executive lineup.
Jeffrey comments: “I am delighted to join ICOA. The company’s recent acquisitions and upcoming projects all center on blockchain, a technology that has so much to offer across many applications and industries. With the right structure, foundations and mission-critical partners in place, the opportunities are immense. »
Hadria Wong, CEO of ICOA comments, “The ICOA team is thrilled to be working with someone of Jeffrey’s caliber as we further expand the brand into the blockchain space.”
For more information, please contact [email protected].
About the ICOA
ICOA is a Nevada-based publicly traded company operating in fintech, blockchain, decentralized finance (DeFi), and cryptocurrency. Establishing itself as a heavyweight in the innovative technology space by introducing millions of people – in forty states – to wired and wireless broadband networks, ICOA is now turning its sights to the next wave of transformative technology – blockchain.
ICOA’s highly experienced team supports its investors through strategic acquisitions, identifying the most promising and exciting opportunities across the entire blockchain ecosystem. By acquiring or partnering with a deliberately chosen range of projects or teams in key verticals, ICOA fulfills its mission to bring digital assets to every portfolio and make blockchain opportunities accessible and safe for investors. individuals and institutions.
For more information about ICOA, visit its website here.
This press release contains forward-looking statements which can be identified by words such as “believes”, “expects”, “potential”, “plans”, “suggests”, “may”, “should”, “could”. “, “intends to”, or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the future results implied by such statements. statements. These factors include, but are not limited to, our ability to continue to improve our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to compete effectively in our market segment, lack of public information about our company, our ability to raise sufficient capital to fund our business, operations, inability to continue our operations and a limited public market for our common stock, among other risks. Many factors are difficult to accurately predict and are generally beyond the company’s control. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update forward-looking statements to reflect circumstances or events that occur after the date on which the forward-looking statements are made.