Oncolix Inc. (fka ONCX)

[tmcfo]

Fyi..interesting reading..reverse merger will happen soon and w/o any doubt as it is key for oncolix to attract PIPe money.

"opportunity for liquidity has driven what is known as the Private Investment in Public Equity or "PIPEs" market.
Traditionally, PIPE funds invested only in public companies, because these public entities already had a history of reporting and SEC compliance. However, as these funds now have a tremendous amount of money to deploy, they have started looking at companies that are still private in order to get a good return for their investment. The condition is that the private company has to do a reverse merger in order to get the funding from the PIPE fund. This is how reverse mergers became 'mainstream' as a weapon of choice to attract PIPE financing."