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To Prepare Cake:
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Pour boiling water over the quick oats in a large mixing bowl. Stir and let these ingredients cool.
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Stir in oil, sugars and eggs with your large spoon or fork and mix through to blend.
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Sift flour with the baking soda and salt and mix in with the other ingredients next.
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Pour mixture into a well-greased baking pan about 13 x 9-inch.
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Bake in a 350-degree oven for about 30-40 minutes, depending on how your oven is regulated.
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Test with a cake tester, toothpick or slender knife to see if it is done.
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To Prepare Cooked Coconut Icing:
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Place a slightly beaten egg in a saucepan.
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Then add milk and the cornstarch and stir well till smooth before adding them to the saucepan with sugar and the butter.
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Cook over medium heat, stirring constantly, until this mixture thickens slightly.
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Remove from the heat and stir in grated coconut flakes and vanilla.
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Spread on the cake while it is still warm, but cooled slightly (not directly taken from the oven).
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Lightly sprinkle the iced cake with cinnamon to finish it.
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ENJOY!