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Exactly, that’s why myself and others keep asking about these Korean auto makers he supposedly had NDAs with.
You never heard anymore about it but hardly anyone questions it just they don’t question the 40 + deals that you never hear about again. It’s just swept under the rug.
You don’t need to discuss it, I know who the person is. And yes , move on now.
Brian,
We don’t know if this allegation is true or not that Berman is claiming but if it is true, you can’t blame him for defending his daughter. That’s crossing the line. You don’t attack a man’s family.
I, like you, have become very cynical of this company and the competence/seriousness of this CEO given his erratic, irrational behavior at times. But if this allegation IS true that someone tried to harass his daughter, you can’t blame him for going off on that guy the way he did.
I don’t blame him for this one. You do NOT harass someone’s family. I not only support his tweet, if that were me I would have sounded much more threatening..
I’m with you on this one. You don’t attack someone’s family - PERIOD.
I’ve been very critical of Steve and this stock but I do not blame him one bit if those allegations are true . I have a daughter and If anyone ever tried to harass her in any way..
DEAD MEAT
End of story.
Most of these meetings are nothing more then fluffed up hype. Where’s the share reduction? Name change?
Where is the big bomb he was supposed to drop- this was months ago.. remember that one?
These aren’t “bumps” in the road , they are outright lies and more and more people are starting to see through it, that’s why the pps cannot move.
What happened to the bomb she said was supposed to drop?
Tweets mean nothing with this stock except to make some Longs feel good. That’s it . Meaningless, trite, jargon. No contract, no real numbers.. just another going back for a another meeting.
Totally meaningless
Hmm... seems he said the same exact thing about the Korean auto manufacturers over a year ago. Never heard anything after the NDA supposedly expired.
Ha ha ha welcome to the world of ONCI..
Quote:
“with all of the failed guarantees he has made, including the audit, it is tough for someone to just look at a financial statement that he was involved in producing, and believe it is accurate.”
Thank you for being a voice of reason..
Exactly my point.. I keep saying this to them : look at the pattern of this CEO and his failed promises. And that being the case , it is getting more and more difficult for investors to believe a financial report that based on his past dealings with investors may not be truly validating his revenue claims.
Thank you for posting that - very articulate and well thought out.
IMHO
Not a DONE deal. It never was. Once again you are looking on the “surface” or front end of these things.. big wordy jargon from tweets, shareholder updates... etc..
You need to dig deep and look at the pattern of this CEO and those who pimp this stock for him: big promises to investors, and then slowly fazes out of talking about them and moves on to something else and no one bothers to hold him accountable or question.
Why don’t you contact him and ask him about Korean auto manufacturers and how everything went fantastic and how he would make big announcements once the NDAs expired .. this was a year and a half ago.
Those who insist on holding this CEO accountable even caught another investor in on this lie in calls with the CEO when it was never asked to inquire about these deals. It was more important that we knew this was the “real” Steve Berman.
Consistent dodging and avoidance of promises made to investors all to simply pad his own pockets at investor expense.
Shameful
And your call on this is valid as well.
But my point was if an experienced lifelong CPA scrutinized the numbers and found things that were fishy or did not jive, I would lean more towards his findings than a bunch of fluff reported to the OTC and SEC that does not care about what a sub penny no name company reports and by a CEO that has lied to and misled investors multiple times.
I know right? The age old question: where are these revenue numbers coming from?? And all the longs want to do is “direct” everyone to links pointing to OTC reports showing ONCI revenues (numbers on the surface) reported by the CEO.
But the question actually is how is he coming up with these numbers???
There is an experienced distinguished accountant who has called out this charade multiple times and people STILL do not want to believe it.
If multi mega million $$$ companies have cooked their books at one time or another before eventually getting caught, you really think this CEO cannot get away with it with a little stinky pinky sub penny stock that the SEC probably does not give two sh**s about??
All IMO
Love when they say”no place to go but up”..
I think your sense of direction is a little off DB baby....
You also said the same thing when this had been 4-5 ticks higher in the past....
LOL
It was always a scam. It’s just more people are seeing this for what it is now.
Unproven and unverifiable developments, dubious stock..
Don’t listen to the pumpers!
Do your homework and most of all, look at the history and pattern of this CEO, not just what new tweet he happens to pump out every few days. Means nothing...
IMO
Baloney.. and you know it. He cannot solidly verify a thing ( and neither can you).
Show me a picture of those wonderful manufacturing facilities... where are they again? KL, Prague?
I’m waiting
“BS ain’t good for ya”
What deals? What inventory?
You mean his tweets?
Where are the manufacturing facilities?
Where are the verified revenues?
Where is the audit?
Where is the proof of deals with Auto Nation and Carmax?
And believe me, I’m being kind, there are some on this board that could list over 50 “wheres”
“It’s all bull sh** folks, and it ain’t good for ya”
George Carlin 1937-2008 RIP
What happened to the voice of G-d that everyone follows without question?
“ The boss is about to drop a bomb . Longs are going to be very happy”. This was a month ago. Hmmm.. what happened there?
Agreed. Unfortunately, that’s the toughest part - patience. I’m hoping the old saying rings true : “Good things come to those who wait”. ??
RBIZ$$$$
I’m averaged out at .0025. At this stage of the game, got nothing to lose. Might as well ride it out and see what happens..
But I agree with what you said. Thought by now I’d be popping the champagne cork.
Jeez.. I remember that .. can’t believe it’s been over a year.
No real evidence revenues are growing .
Agreed. Enough with the tweets already..
Chuckle of the day:
“ I don’t give a damn what the market thinks”
Well, you should care..market sentiment is usually what sets a friendly or hostile tone to a stock.
Not the CEO tweeting the same fluff over and over...
IMO
Exactly. And as I said before, people cannot legitimize Berman’s claims just by repeating him verbatim. It means nothing.
Agreed.
That is just unbelievable.. and loyal longs are asking where's the proof of the scam...
As the late George Carlin would say: "Talk about a good bullsh** story".
His reported revs do not mean diddly squat. They cannot be verified and the reason they cannot be verified is because it is so obvious he is fudging the numbers. The pps would be skyrocketing right now if all these reported revenues were real.
This guy is nothing more than a pimp, a hustler from Long Island but that's nothing earth shattering.. this is the OTC.
What I find shameful and sickening is that he has insiders peddling this nonsense to other investors.
I know right? Once again, another big promise which was nothing more than a lie share reduction and people STILL believe and defend him..
Scary
Agreed. And yet, a good number of investors are completely in denial of Berman and this scam.
Sad
You put your finger on something here..There is only one thing more obnoxious than these idiotic predictions of “. 05, .10 .. just wait until Q3, Q4 “ foolishness and it’s this “ its coming”mantra that I have seen so many post.
Yeah, real thoughtful financial analysis to make an argument for Steve Berman and the legitimacy of this stock.
Apparently always.. ( in the world of the longs ).
And I wholeheartedly agree- the public is not buying it. Not anymore...
PPS is everything. IMO
Have to... I don’t have that many to begin with. I bought in at .0024 . It would be silly to sell now considering the potential RBIZ has.
Hope we all make a killing. GL
Typical of this board - another quarterly financials come and gone..and promises from the CEO come up short as usual and now the big war cry is “wait until Q4”
Welcome to the world of Steve Berman and the OTC
And what you said back then has come to be true. As far as I am concerned, your credibility is without question.
Great post as always Brian. But honestly, you really didn't expect share reduction to be completed did you? I wasn't a bit surprised when I opened the sh letter.. I just thought another broken record .. same old thing .. wanted to get it done but obstacles came up at the last moment which made it impossible..hmmm .. kinda sounds like the audit that never was , huh?
This should be a lesson to newbies who buy into the bs from the longs and pumpers who were swearing up and down that share reduction would be completed when financials released.
Buyer beware
Share reduction not complete as expected.. reasons this time are obstacles in the way that he is “hoping” to resolve first..
Hmmm...seems like we have heard this song before?
No. 1 on the hit parade.
One more reason for me to have confidence in this stock.. very professional response from the CEO.