Don't be a FOOL! Stop averaging down into downtrenders.
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SEC is clear about OTC: Buyer Beware
That's their view of ALL OTC (non-reporting) stocks. They've warned you that these companies do NOT fall under the auspices of the SEC, other than for share registrations.
otcmarkets.com doesn't care either; they're basically a one-stop-shop MARKETING Organization. Just fill-in your 'financials' using their templates and it's all good. Doesn't matter whether they're FACTUAL financials - that's up to the investor to decide.
No SEC involvement here, unless there appears to be 'unusual trading' or other activity that warrants their attention.
SCAMS and FRAUDS? SEC hardly cares, which is why OTC is breeding-ground for these stocks.
Awesome, thanks.
I'm familiar w/ the name, but I can't honestly recall whether I've read those.
But ALWAYS looking for good reads so I appreciate it!
name of author & the 2 books?
thanks
Might wanna re-think this one...
Sounds like Canouse better get busy SELLING!
No doubt we'll see these shares 'offered' soon, which coincidentally is NOT GREAT NEWs for PPS.
But it IS GREAT NEWS for those who want to "buy more at the cheap!" and continue "sleeping like a baby!"
Means little, most OTC SCAMS are "pink current"
As you know, otcmarkets.com is NOT an exchange, or regulatory agency of any sort. Nor is it associated w/ any exchange, like NASDAQ or anything.
It's a 'membership' marketing organization, where you "pay to play", and earn 'bonus points' for shopping there.
In this case if you fill-in numbers (any numbers) on their pre-formatted spreadsheet, 'on time', you earn the bonus points known as "Pink Current"
Let's not pretend it means any more than that, because it doesn't.
** Doesn't mean it can't go UP, plenty 'Pink Current' SCAMS skyrocket based on HYPE or whatever, before falling back to earth. Kinda like ONCI did 2 yrs ago...
"start selling real product, bring in real numbers"
LOL, that WOULD BE NICE. If only...
Thanks. Interesting reading. What's up Berman?
What are you doing w/ this SCAM of a company? Why don't you bother keeping ANYTHING CURRENT?
What does it mean to go "void" in Delaware?
one thing IS ACCURATE: DILUTION reported to SEC
The only thing the SEC really cares about w/ these sub-penny OTC SCAMs is that their "SHARE ISSUANCE" is accurate.
"Alternative Reporting Companies", or as SEC says, "Buyer Beware", are not required to file financials statements.
But if they issue shares (DILUTION), that DOES need to be reported. So, that part of the financials is believable.
The rest I agree: cartoon-financials created to keep the scam alive with naive investors. There are no consequences for filing fake financial reports w/ OTCMarkets.com, they just need to be in the 'correct format'.
That's it.
GLTA!
so much competition tho...
"NBDR has probably the worst CEO in OTC"
$ONCI - more DILUTION! no surprise to most...
I've said 100 times $ONCI is a DILUTION MACHINE, a SCAM company run by a CONMAN purely for his own self-enrichment.
I've said Berman DILUTES EVERY QUARTER, and one guy argues I'm wrong...
"What Dilution Are We Talking About?"
Well in addition to prev qtr 200,000,000 share dilution, guess what?
Latest FINS released today show ANOTHER 200,000,000 shares dilution!
LOL, this thing is toast.
$ONCI - yay, MORE DILUTION as predicted!
Despite these constant ridiculous statements:
"No More Dilution for the Next 8 Months based on the Financial Record!"
I've said 100 times BERMAN DILUTES EVERY QTR! He uses $ONCI as his personal ATM!
Qtrly just released clearly shows ANOTHER 200,000,000 shares issued the VERY FIRST DAY OF THE QUARTER!
Go ahead and keep defending this CONMAN running the $ONCI SCAM, but it's late in the game, and $ONCI is toast.
GLTA!
LIES and more LIES
"The financial statements shows there will be no dilution until at least March 2020.....That is great news..."
Why would you say this in the first place? Financial statements don't "show" future events. Surely you realize that, right? Well maybe you don't...
As I've mentioned 100 times on this board, DILUTION EVERY QUARTER!
Take a look, "it's IN THE FINS!" as the bulls like to always tell me.
Yeah, we ALL SEE IT - EVER MORE DILUTION, and PPS in the gutter either due to that alone, or due to the whole thing being a monster SCAM.
Regardless, ONCI is toast IMO
Pages 19-20 detail self-enrichment scheme
The believers will see the 'record revenues' and 'record profits' again I suppose.
In which case I suppose they should also "buy more at the REALLY REALLY cheap" and continue "sleeping like babies"
GLTA
Just a template-change instituted by OTCMarkets.com
Re an 'audit', I've mentioned several times I expect Berman to tweet it or something to generate excitement again, but we haven't heard that one yet.
When he DOES 'announce it', we'll all have to decide what to believe leading up to it... again.
GLTA
What does 'exist' even mean?
CO filings are delinquent, and Steve 'never followed up to complete the move'
I honestly don't care. A LONG TIME AGO I asked what's the bid deal about name-change and/or move to CO?
The BULLs responded as if I was an idiot and these 2 items were THE KEYS to moving forward.
HEXA is meaningless - There's NOTHING in-work to execute on this strategy. Fine, no biggie.
The ONE THING ONCI has going for it, supposedly, is the 'distracted driving' business.
The fact that BULLs and BERMAN make CONSTANT REFERENCE to everything else (weed, gift-cards, etc) show what a mess this is.
If I had ANY INKLING Berman was capable of focusing on the ONE GOOD THING that's even INFERRED about this company, then the next step would be for shareholders to demand an audit, while Berman actually executes w/ insurance companies.
UNFORTUNATELY, it REALLY REALLY appears to be ALL SMOKE AND MIRRORS
Evidenced by constant DILUTION, shady finance-deals w/ fellow crooks, and innumerable promises of great things going forward but NONE OF IT comes to fruition, for obvious reasons.
IMO it's just another OTC SCAM run by a CONMAN and his cronies.
PPS pretty much confirms it - if there was ANYTHING actually happening here, there would be BIG MONEY rolling in. Instead we get $2500 share days, up to $25k share days. Small retail bag-holders generally.
Please DO share "constructive" VERIFIABLE info.
Please share ANYTHING that is VERIFIABLE FACT. Not a rehash of something Berman said, or tweeted, or promised.
1. There is a nebulous relationship between CogoSense & ONCI.
2. ONCI's only legit filings have been w/ SEC for additional shares (dilution.)
That's about it. All the other nonsense about HEXA and CO and the various 'arms' of ONCI are BS. Financial Statements uploaded to OTCMARKETS.COM mean nothing - that's how EVERY PINK SCAM OPERATES! By convincing 'investors' that the company is 'current' but it only refers to being 'current' with a commercially-operated website!
In a nutshell, Nothing Berman claims can be verified, as YOU WELL KNOW.
All so-called "DD" here is just repeating Berman's promises and mostly-obvious lies.
Name calling? Not sure what that's about
GLTU as well.
Whatever happened to Hexa & CO? Expired?
Was looking thru filings and recalled CO SOS issues w/ Hexa.
This makes it look "dead"
Whether I search ON4, or 'Hexagon Holdings' or any of various combos I struggle to find anything current.
Has Berman thrown-in-the-towel on this?
No shareholder apologies needed WE blame BERMAN
It's NOT individual shareholders' fault that PPS has been on a ONE-WAY TRAIN for going on 2 yrs.
According to Berman's Shareholder Letter, it's 'bashers' & MMs "stealing your shares"
But SHAREHOLDERS KNOW BETTER: the blame 'lies' squarely with Berman
Berman makes OUTRAGEOUS CLAIMS of success, yet DILUTES every quarter in order to transfer more money into insiders' pockets. This is factual and shown in SEC filings. Possibly the ONLY FACTUAL thing w can actually know about ONCI's financials.
Earnings next week, and ONCI no longer generates ANY EXCITEMENT or board traffic, despite what EVERYONE KNOWS will be claims of yet more "record revenues" and "monthly profits"
The GIGs UP.
GLTA
Quarterly Report: What's coming?
What will Berman claim in this Qtr's financial filings? Here's what HAS BEEN REPORTED IN PREV QTRs:
* more 'record revs' and 'monthly profits' but can't pay any bills?
* more inexplicable 'loans to ONCI from CEO' despite so-called 'record revs'?
* more A/R despite no actual verifiable sales of significance?
How about the impending Shareholder Letter?
* EOY Audit, another promise to keep the dream alive into 2020?
* exciting new 'partners' and 'deals' and 'meetings'?
* 'product line' updates, despite no product lines...?
* 'basher' and 'MM' 'update screed' of course... {see prev SHL}
Careful what you believe from this CEO, as his OBVIOUS LIES continue to drive the PPS into the dirt...
GLTA!
Berman is a known LIAR & CONMAN. Everyone knows.
Msg Boards are full of folks repeating LAME OTC CEO excuses for EVERY 'miss', every 'failure', every unfulfulled promise.
Just because the 'CEO' says something, doesn't make it true, or even believable to clear-thinking adults.
Berman's a 'salesman' after-all. That's what he does.
And he ain't selling 'product', he's selling a 'story'.
Well, this isn't 'story time', this is the real world.
If you CAN NOT, and WILL NOT, and REFUSE to provide ANY VERIFIABLE EVIDENCE of your 'business', EXCEPT 'stories' over-the-phone to a select few, well... C'mon. Why WOULD ANYONE BELIEVE HIM?
GLTA.
Hey, IT'S WORKING! LOL...
I checked "AMAZON!!!" - product not available
And hasn't been yet, at least not since posted.
Not "sold out", never stocked.
But hey, if & when it IS stocked, maybe you should BUY ONE.
Oh that's right - LONGS and PERMABULLs REFUSE to eat their own cooking, and refuse to buy & use the actual product.
If the ONLY ONES WHO "BELIEVE" won't buy it, why would anyone else?
"How many 'scams' pink current?" NEARLY EVERY ONE
Of course you already know this.
"loaded .0002s with me" LOL, not unless you're MM
Tell me another, like "record revs" every quarter...
Glad ONCI is going up, plenty folks been feeling the pain for a loooonnnng time.
GLTA
My mistake, thanks for the correction:
I DO SEE the last trades appeared to be @13:36, thanks.
I just glanced at this, which means nothing -
Gee, LESS THAN $1500 traded today! There's ZERO INTEREST in this 'life-changing' stock...
which was my original point:
MMs gotta do whatever it takes to generate interest, and unload too-much accumulated inventory from the recent consolidation. NOBODY hits the ask, and certainly nobody wants to hold this.
$ONCI 2X3 all day, then painted for $1
Higher-close at 4 suggests MMs trying to 'create interest' after successfully building inventory.
If they can create enough interest, they can dump on unsuspecting *newbs*, maybe into earnings, or after, if "the group" makes another appearance.
GLTA
Are you saying 2 yrs of toxic debt?
That's what's caused PPS to plunge, nearly every week since then? 'Toxic debt'? Clearly he DILUTES EVERY QUARTER - nobody arguing that. And of course it will continue.
But also, how about the discovery that NOTHING BERMAN SAYS is in any way verifiable?
How about the discovery that BERMAN is a FRAUD, a SCAM-ARTIST, a REPEAT OFFENDER on the OTC who takes investors to the cleaners.
$ONCI ha clearly been a scam. There is NOTHING to prove otherwise: no verifiable financial performance, no verifiable deals, nothing.
The only "DD" anyone here can do is listen to other BULLISH POSTERS, or believe whatever Berman says.
Bullish posters have been consistently wrong, because BERMAN IS A PATHOLOGICAL LIAR. I think that's verifiable fact, just from reading his PRs, SHLs, and twitter.
GLTA
I'm just messing w/ some scans.
No 'recommendations' of course - just 'starting points'. Also, I'm aware that many of these 'movers' give much (if not all) of it back in subsequent days.
Yes, I would be curious to see what DDAmanda shows for my latest results:
AABB
FCEL
SMCE
UPLC
and... wait for it...
VRUS
$LAHO suspended, 'bashers' were right unfortunately
So, no 'objective method'? Just luck?
Or you don't want discourse, because you're mad that for nearly 2 yrs I've publicly doubted $ONCI would produce?
I'm not happy that $ONCI has failed, but don't blame the messenger.
I've also been fooled by msg boards posters - as it happens, it was NEVER by so-called 'bashers', always by the HYPE.
Anyway, luck plays a huge role in finding winners - I'm well aware.
Which is why I asked if anyone cared to share other 'methods'.
GLTU.
$ONCI is NOT ABOUT "Distracted Driving"
An important point: NOBODY disputes that Distracted Driving is MAJOR SAFETY ISSUE that should be solved.
The arguments on this board are simpler:
Crooked Steve is a LIAR, and $ONCI is a SCAM, and together the criminal and his criminal enterprise are NOT GOING TO "SOLVE" the DISTRACED DRIVING epidemic.
Berman just jumped on the Distracted Driving bandwagon at an opportune time & excited small retail investors with "promises."
Sure, there's a company called CogoSense, and they apparently have product sales. Their reluctance to 'discuss' the relationship w/ Berman is puzzling... but makes the final point clear:
Berman is clearly NOT THE GUY to take this where it needs to go.
GLTA!
I agree & have said the same repeatedly.
Berman claims LOTS of financial success, yet REFUSES to show ANY VERIFICATION of his claims.
An audit is NOT THAT EXPENSIVE for a company of this size. And certainly NOT relative to his posted 'record revenues' and 'monthly profits.' Yes I'm aware other stinky-pinks don't do them, but that's cuz NOBODY CARES when PPS is going higher!
There are SO MANY RED FLAGS, just around the financial statements and the 'record' LOANS Berman supposedly makes to the company, and his dumping ALL his common-shares in return for Preferred, and the remaining MONSTROUS share count (billions & billions...) and the continued DILUTION.
Etc.
Anyway, I agree - Crooked Steve could clear this up, and I've ALSO REPEATEDLY said I expect him to "announce" (again...) an audit, most-likely to drive up the PPS because I honestly don't expect him to follow-thru (again).
My opinion remains unchanged, because NOTHING Berman claims makes sense:
$ONCI is a typical OTC SCAM run by a typical OTC CONMAN.
I hope something "good" happens, so that those underwater are able to scratch-back losses and even come out ahead.
GLTU
maybe not...
"third quarter financials should tell the story" REALLY?
This is a joke, right?
We KNOW, FACTUALLY, that the 'financials' are fake.
There is NO WAY ONCI is booking actual SALES as reported. NO WAY.
"Record revenue" and "monthly profits" of $200k are fantasies that get trotted-out by the most naive, followed-up by drunken "SHL"s that also attempt to "tell the story"
Best case: Crooked Steve is booking CogoSense revenue as his own, which is fraudulent, but I don't think he's even doing that - I honestly think he's just making up numbers that go up by roughly the same amount every quarter.
We'll ALL go thru his latest SCAM financial statements in 10 days or whenever he releases them, but anyone hoping they'll "shed light on the situation" is wearing rosy glasses.
IMO.
Received via free email, fwiw
https://seekingalpha.com/article/4290003-behind-idea-protech-home-medical-turnaround-story-playing
Stock Scans - anyone else run them?
I run a handful of scans to find movers; recently made an effort to recreate a popular iHUB scan. Here's stuff that pops up lately:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150955816
I'm curious and would love to hear what OBJECTIVE METHODS others use to find their trading candidates.
$IGPK $SBES $TINO anything interesting?
$CNNA another possible candidate...
Whoa, LESS than $2000 traded today!
Talk about COMPLETE LACK OF INTEREST going into "earnings", despite a summer-full-of-LIES!
BS Tweets, PLs & PRs, falsified financial statements, fake 'meetings' and 'conf calls', SHL claiming 'hedge fund interest' and MMs & Bashers 'stealing your shares'...
$ONCI is garbage, HYPED by the naive.
GLTA!