40400051 story Despite Reports Google Did Not Just Buy ICOA 55 Posted by samzenpus on Monday November 26, 2012 @01:10PM from the someone's-in-trouble dept. alphatel writes "In an odd PRWeb snafu, a press release was issued citing sources at Google as having acquired wireless carrier ICOA for $400 million. In full-out retraction, both companies denied the deal outright. Is this a case of pre-release or simply false PR by a third party? Could such incidents be used for pump and dump schemes?" ZDNet reports that, "at midday, more than 3 billion shares (pink sheets) traded over the counter for ICOA."