It isn't. ONCI is not only not an SEC registrant, but they intentionally deregistered in 2015. Legitimate companies register and report to the SEC. Those that aren't, don't. And that goes double for those that deregister - much easier to run a scam that way, which is why they file a Form 15.
ONCI is far from "legit". For someone doing basic DD on a stock, that is all they really need to know. 10 seconds of DD and it is done.
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