Just spoke to Dr. Walker.
1. Company is now operating at a profit level, no longer at a loss position. His Accounting function is generating new financials to be published to demonstrate the health of the company. New solid financials coming soon.
2. His focus has been a will remain on the building of businesses, not press releases that give us all false hopes. He feels his time and money is best spent of growing the business and not P.R. at this time.
3. They have fired their old attorney and replaced him with a new SEC experienced Attorney. Very positive move for ONCO.
4. There are several new contract partnerships in process which we will hear about very soon.
5. His entire focus is the Brachia Therapy market. His new contracts have been established after demonstrating how partnerships with ONCO will prove profitable for their alliance partners.
6. Major market expansion opportunity is with Ambulatory Surgery Centers. On 4/22 - 4/25 ONCO will be hosting a suite at the ASCS (Ambulatory Surgery Association Meeting) in Nashville at the Gran Old Opry House. Their intention is to attract big players to invest in future partnerships. He is hopeful that this meeting will be a key contact generator for them.
7. I told him I got in at 1.75 a share years ago. He advised that I should expect to see at least 1/2 recovery of that investment as we progress through the next year to two years, which would put us all at about .80 a share.
8. He advised that when he puts out future press releases...they will be significant market movers, not just info that makes folks feel good. He see's solid upward growth for ONCO.
Just like BaderBob, I left this conversation feeling excellent about ONCO's near future. I am a Sr. VP for a major consumer products company and my conversation with Dr. Walker was at a very professional and business level, revealing only that which he was legally allowed to do. I now see, and as I mentioned in the past, a solid company hitting .80 - 1.25 a share in the next 1.5- 2.0 years. I still believe this company will be an incredible winner.
