ONCI--Why the dip?
Well...from what I can see from the sidelines, it's all about delays and uncertainty.
SB has brought many positive catalysts to the table but in the grand scheme of things, some were announced too soon. Share reduction was announced initially over 1 year ago and to this day we do not have anything to confirm it has happened. The name change delay has investors spooked and the wording of the revenue-producing PR's notes that revs do not hit all at once.
Please remember the SB is not running just one company, he's running SIX companies under one umbrella. This is no easy task and it takes time when there are lawyers and patents and big opportunities in the works.
I will say this: if SB says it's going to happen, it will happen. Some announcements have come to fruition and the others are happening as we speak. I believe when the Q comes out next week, we will see the 1.4 billion share reduction with about 150 million shares added to wipe debt.
There will be NO DEBT or very little debt on the books.
Our CEO is definitely guilty of over-enthusiasm and perhaps counting his chickens too soon. BUT, at the end of the day, the guy is working tirelessly to get it all done as quickly and efficiently as possible. It is easy to get discouraged by those pointing fingers and blaming the man for the current PPS. But at the end of the day, they are simply people like you and me who are sitting in their homes or at work expressing their immediate thoughts without thought or concern for the good people who are simply trying to make a buck with a company they believe in.
It's all chatter and nothing more. Only SB and his team can bring in the many truths as to what is happening here. And he will deliver on many many levels.
It's easy to lose patience and hey, if you want to sell for whatever reason, then do so. Just let the rest of us respectfully manage our own investment here. Would you walk into a bank and scream at the teller because of the low interest rates?
There is more happening here than SB has let on. I agree it's very hard to watch this slide and in turn, your balance deteriorate. But I can tell you this. As every day passes, that's one day closer to the big prize here. And I assure you, SB wants that more that anything, for us, for himself, for his family. Ignore the noise, respect the man and his lifelong accomplishments, and you will win in the end.
