Catching Astroturfers
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YOU WILL LOSE 100%..on..ONCI...Hope you are prepared..for..that
MAYBE after the REVERSE SPLIT...WHICH IS COMING SOON
NO..Accounts.Receivable..payments..over..27..months....LMAO...NOBODY PAYS!!!!!
CEO...Crooked..STEVE..BERMAN...SOLD...$1.million in shares....SHOULD..be..in..JAIL
ONCI’s...BSmobile..app...5..reviews..on..Android...over..2..YEARS.......SAD..but...TRUE
BS...MOBILE....4..reviews..on..ios..APP store..past..TWO..YEARS.....FACT
ONCI..is..a...PROVEN...DILUTION...MACHINE.....BILLIONS MORE COMING SOON
YOU..MISSED..the..FILING..for..$1.Million in DILUTION...5.BILLION SHARES..at..today’s PRICE
ONLY OPPORTUNITY...is..for...SHORTS.....ONCI..is..a..PROVEN..SCAM
Let’s see...PHONE HOLDER..for..$10...or..APP..for..$175...Hmmmmmmm
EASY CHOICE...and obvious that nobody is choosing Bsafemobile. 4 reviews in the APP store in TWO YEARS.
ONCI only sells shares for money.
ONCI...IS...THE...WORST..STOCK...on..the..OTC
YOU..HAVEN’T..Even...BOUGHT...BSAFEMOBILE......LMAO
DOES..ANY..PERSON..here..want..an APP...BLOCKING..Phone use..in..their...CAR???
OVER 5 BILLION.in.DILUTION..COMING.....ONCI..filed.to..raise.$1.Million....for..the..CEO
ONCI...MAKES..MONEY......ONLY......FROM..SELLING..SHARES
Accounts Receivable NOT BEING COLLECTED.RED..FLAGS.SCAM!!!
The bottom line with ONCI is that every quarter for the past 10 quarters the Accounts Receivable increases by very close to the Gross margin. (revenue - cost of sales)
This past quarter saw Accounts Receivables (A/R) rise by $869,215, After the $635,921 cost of sales is deducted from Revenue you are left with $851,444.
So they are claiming $851,444 for Revenue for the quarter after costs, BUT are owed $869,215 more than the total at the end of the previous quarter.
This means that A/R from the previous 9 quarters has not been paid and that it rose more than the Gross margin in this Quarter. (AGAIN)
This is a VERY STRONG INDICATION OF FRAUD.
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Copied below from https://blog.apruve.com/6-types-of-accounts-receivable-fraud
Fictitious Sales
Accounts Receivable is not actual money in the bank. An employee can fabricate invoices, which will inflate accounts receivable. But who might this benefit since an invoice isn't the same as receiving cash?
Sales people who work on a commission will benefit from an increase in accounts receivables, as it will show an increase in sales. To make this work, someone in control of accounts receivables will have to be in on the fraud.
Red flags for this type of fraud are invoices to fake customers or invoices that do not match the type of business a customer might generate. At some point, these invoices might simply disappear as part of the fraud and go undetected. Internal controls that monitor this type of activity can help with detecting fictitious sales.
NOTE: CEO Steve Berman receives a 12.5% commission on all sales.
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More info from https://www.get.com/stock/2010/03/11/accounting-red-flags-10-things-investors-should-look-out-for/
Accounting Red Flags: 10 Things Investors Should Look Out For
1. Unusual accounts receivables growth. If accounts receivables grow at a faster pace than the company's sales, it can indicate that the company is making bad sales to companies unable or unwilling to pay, which could result in bad debt down the road. It may also indicate that the company is booking revenues before the proper time, which is one of the most common practices within the universe of manipulation. Future sales are simply recognized early, inflating earnings. The tell-tale sign, of course, is accounts receivable growth in excess of reported revenue levels. Studying the dollar amounts is not adequate to spot this. Instead, compare the rate of growth in year-to-year revenues and receivables.
ONCI has higher A/R in six of the past nine quarters than their Gross margin.
Bottom line is that ONCI is NOT BEING PAID for the past 10 Quarters on any measurable A/R at all, or it is made up revenue supported by phony sales contracts. A third option would be that they have shipped units to dealers on consignment but they have not sold more than a few units. This would need to be disclosed to investors. As they have made it look like they are selling 9K to 10K per quarter and that is not possible due to these numbers.
My hope is that this fraud is uncovered by the SEC and that the CEO is prosecuted for these alleged crimes. I hope no more investors lose money due to the fraud committed here. I was fortunate to find out about this fraud in time to avoid losing a lot of money.
LET’S..JUST...CALL..it...BS Mobile....NOBODY..wants it..
IT is ALREADY PROVEN..that..NOBODY..is..BUYING..BSAFEMOBILE...ALMOST...no reviews in two years.
LIFESAVER APP...would have.PREVENTED..it....PHONE..HOLDER TOO
EVERY APP is CHEAPER...NOBODY..will..pay..$175 for ANY..APP
APPS 95% cheaper WORK THE SAME.
It is ONLY FICTICIOUS REVENUE....NO REAL SALES....ONCI..is.a.PROVEN..SCAM
WRONG..COST OF SALES...is DEDUCTED..before the sale...ONCI..only..makes..money..selling..shares...DILUTION.MACHINE
YOU FORGOT TO SUBTRACT - COST OF SALES...LMAO
INSURANCE COMPANIES....want....HIGHER...PREMIUMS.....FACT!!!!!
ONCI....ONLY..MAKES..MONEY from SELLING SHARES!!!...DILUTION MACHINE
ONCI..has..NO..PROVE..REVENUE...NOTHING..of..VALUE....REVERSE..SPLIT...SOON
NOPE...ONCI is a PROVEN..SCAM...NOBODY.wants.an.app.blocking.their.cell.phone...NOBODY
CEO is known as CROOKED..STEVE....ONCI..is..a..PROVEN..SCAM
ONCI..DILUTES..EVERY...MONTH...filed already..for..5..BILLION..more..shares...REVERSE SPLIT NEEDED
ONCI has.filed.for $1..Million more in DILUTION....or 5..BILLION SHARES.at.current..prices
NOPE....NOBODY wants ONCI’s...DILUTION MACHINE
CROOKED CEO...and FICTICIOUS REVENUE HERE...ONCI..is.a.PROVEN..SCAM
PHONE HOLDER is all that is NEEDED....NOBODY wants..ONCI’s..APP
CEO’s nickname is Crooked Steve for a GOOD..REASON
Watch for the HUGE DILUTION DUMP coming soon....ONCI..is..a..PROVEN..PUMP.and.DUMP...POS
Post your DNA results. Home address, and SS number...
Chances of another Reverse Split????
DO they know that TRTC..is..just.an..INSIDER ENRICHMENT SCHEME???
100% CONFIDENCE...REVERSE SPLIT GUARANTEED!!! RUNNING...out..of...SHARES