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To All Investors.....the conversation below is a summary of the email exchanged between myself and Doctor Walker.
Doc Walker Summary to me today, 8/02/12:
We are heavily pushing our mobile prostate treatment program and having good success. It appears that recent reimbursement and Medicare actions have made prostate seeds implants more attractive to physicians. We have known all along that they were as good as or better than alternative type treatments with fewer side effects (but returned less income to the doctors and their facilities). I’ve just returned from the annual American Association of Physicists in Medicine meeting. Speaking with the seeds vendors confirmed that sales seemed to be improving meaning more patients were being referred for seeds. At this point I’m not sure that we will be able to sustain this growth but am very hopeful.
Bader......in 6 years he will be 80 years old. Hopefully he will sell out to a group of Investors who want to take the company to a higher place.....because we all know for sure, he hasn't done it nor does he know how to do it....
I sent him another email trying to evoke some life but that was it, he just told me that he was alive and well....not a speck of any other news. This is our life with ONCO.
Doc Walker finally replied back to me to confirm he was alive and well and still at the helm. Nothing more.
540-822-5161 - Doc Walker's last direct number.
Still not a peep out of Dr. Walker. Can someone else try another method other than email to contact him to see if he is OK. Something must be wrong with him not to reply to me.
Have sent Doc Walker 2 emails just to see if he is around and alive and well....no replies. Wanted his opinion on Obamacare potentially stimulating our stock....no answer...nada.
You could be right Bader....silver lining in dark cloud.
Grant,Bader,Compass,JGG.....for now we are cooked and at the mercy of Dr.Walker. Until he retires.....hopefully us old weasels will still have a shot. I am 61....
Nabbss....I and Bader and a few others have been solid supporters of Dr. Walker for years....however, if you read his letter, there is no mention of increasing Sales. So, I too hope for success one day....but Dr. Walker won't spend a penny on Press Releases...and for lack of that flow, we sit at sub-penny. If you would like to call him, let me know, I have his direct dial number.
Compass....it is the lack of news "flow" that you see on other Penny Stocks that leaves the market DEAD when it comes to reaction to ONCO. The penny stocks that generate a lot of trading are those that communicate every little bit of news that makes for a hopeful tomorrow. We are missing that flow...and as a result, no thriving investor interest.
Mergers still possible....symbol not eradicated.
Note the SEC commentary.....temporarily suspended trading. So in light of everyone's comments here on the board, looks like we still have a shot at recovery.
Well, if you look at the financials, the revenue has not moved up as it should have by now. So although they remain in the black, they are just keeping their nose above water to pay salaries and expense. That was not what we hoped for after all this time. For years I have been telling Doc that he needs a capital infusion to get this thing moving. But not a move one inch in that direction. So be it.
Well, there are some hopeful thoughts...!! I guess this is the reality of them being lax about their filings. And I thought someone on this board just commented about them keeping their Filings up to date. OK...so it will be what it will be.
Lucknut....all of us investors can all sweat it big time because all of our stock will be rendered worthless unless they get their filings up to date.
Lucky....essentially we are in the same thought process. Mine was if they become compliant and reactivate their filings, can they return to Active Status...meaning, Ask Bid Sell....sounds like they can from your description of what will take place.
Doc is alive and replied back to me. But for the first time in years he did not have anything hopeful to say. I did not feel and pep and energy in his reply. I questioned the revenue falloff and he did not comment.
Not sure how that all works. Does WFYW have to become compliant in order to maintain active status, or, are they nuked..?
No word from Doc....either on vacation or out of office or sick.
Still no reply. By now I should have heard something back, he always let's me know he is OK. I am a little concerned, I may just call him directly.
Doinit....that is a very good sign. No one would do that unless they saw life after death. This baby died a long time ago...but could see a comeback with what you are seeing in maintaining active status.
He knows me for 4 years....always replies in one or two days....nothing for a week. Sent another inquiry today that would stir him up. Awaiting reply.
Tod...after all this time we should have seen an uptick in revenue growth....I am very troubled to see a downturn. That's all. P/E calc fine but never comes to fruition due to no visibility by Doc. He has stopped answering my emails...hope he is not sick.
Just waitin for a merger or acquisition or something with our long enduring company.
Other than staying in the black, no great shakes here on Net Income or Revenue.....as a matter of fact, where is Revenue/Sales...?
Sandman....hopefully not. that would be a pathetic showing...
the good doctor told me something was coming our way soon......but he has filled my head with promises of near term for the last 3 years.....so it is hard to put your chips anywhere on the board. Just like Bader....I am here forever.....lost too much in prior company to pull out now.
Hey everyone....something kicking in here with an accelerated ASK of .0015.....note the ASK has been at .0009 for many weeks. This is a significant jump up, do not know why...??
The insanity of penny stock trading....
Nabbss....for those of us who are willing to wait it out....this company will accelerate. I sent a note to Doc today asking if we can expect any news in the near term. Also pointed out that we are coming up on a 2-Year Brithday to the last significant press release of May 2010. I await his traditionally non-commital reply.
When they announce Chapter 11, then and only then will I join you. Until that time, I still await the train. Lost too many $$ to walk away now. And note, the Market Makers have not budged off of their Asking Price in many many weeks.
Grant.....let's hope Doc Walker retires in 2 years after the stock goes to .50 a share.
Honestly GoFY....I only hear what others rumor about in the big brokerage houses. Not a one of them knows for sure...and I don't know anything for certain. I just have found it strange that after all these years, no eradication of stock symbol and no Chapter 11. That tells me there is still life after the death of this stock. That's all I can tell you.
Grant....I asked Doc Walker that same question, but not about me, about him. He is 74 years old.
In truth, who the heck knows anything for sure. I certainly don't know anything, I only listen to the same rumors that you hear....and then like everyone else, only speculate. My theory always has been when a stock does not forfeit any assets or any other valuable business entities....and doesn't go Chapter 11...there must be a reason. So after so many years of so much lost $$...I can only hope like everyone else. So, for some wacky reason, they continue to stay alive. Fingers crossed for one day to see a recovery.
Doinit...After I looked at the site, and realized that the Pink was tagged with a Stop Sign....that Warning Language is standard for any Pink that has a STOP tag. Nothing new here. Thx for feedback.
Can't quite figure out why the stock ASK price keeps fluctuating up and down. And that site that doinit sent us seems to post many warnings about penny stocks. I typed in a few and similar warning came up. Doinit...how long has the WFYW warning been up there..? I never heard of this website before...but a good one.
One last comment on current activity. The IHUB information on Buy and Ask is not correct. I use TD Ameritrade...the Ask jumped back up to .0020 today. If you look on IHUB Sheet, it states .0009....incorrect. Our stock price is moving up quickly.
Well, so much for my enthusiasm, the .0020 lasted about one day....today back to ASK of .0009.