Catching Astroturfers
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You mean CEO CRIMINAL who should be..in..JAIL?
Many head fakes here....TREND...is.....DOWN...into..the SEWER
Trying for a flip on..a..DEAD..HORSE..will get you....CRUSHED!!!
SORRY MARY.....but....ONCI..is..a..SCAM...PROVEN..by one look..at..the...ongoing...A/R
FICTICIOUS REVENUE BEING REPORTED...is..a...CRIME
Huh?? Last week you predicted .0001...... Like i said i will not buy SCAM at .0001
SORRY....but...NOBODY wants..a..$200..APP....ESPECIALLY when the competition is 95% less expensive
ONCI..FROM...8..to...7...6...5....4......TREND IS EASY TO SEE.
ONCI DROPPED FROM .0008..last week to .0005..this..week
NO MARKET — NO NEW..CEO...ONCI..IS..DEAD
NOPE....ONCI....is..an..OVERPRICED....SCAM......0001 coming soon unless he REVERSE SPLITS
TOO..LATE...CEO ruined the company...TERRIBLE..PRICING..GREED...95% OVERPRICED this is why from 50 meetings NOBODY signed up.
Secondly...NOBODY wants an app that controls what they do in the car. ESPECIALLY if they have to pay $200 for it.
JUST get a PHONE HOLDER....DUH
Just a PROVEN..SCAM...AS ...USUAL...WORST..PUMP.and.DUMP.on the OTC
Look at the LIFESAVER app.....a..better...model
He doesn’t even..realize that...NOBODY...wants..the APP!!!
PROBABLY...by....SNAILMAIL....So inept is..the..CEO..CROOK...LMAO
People have gotten wise to the...ONCI...PUMP..and..DUMP...SCAM
.0004 today! 3s are next..ONCI..IS..A..PROVEN... SCAM
Many less expensive...and BETTER,..options...OBVIOUSLY...That.is.why.no.contracts.in.TWO YEARS
A Phoneholder is the best SOLUTION...keep charged.and.handsfree.at.the.same time.
NONODY WANTS THE CRAPPY $200 APP..this.should be obvious.by.now
Also, NOBODY WANTS IT IN THEIR OWN..CAR...Some..may want it in their kid’s cars.
Why not get it in your own car??? Is it the $200? or don’t you want someone controlling your actions?
Get the Lifesaver app! No Hardware needed...only..$5.per.month
Saves $200 per driver and no Hardware installation necessary.
That was BEFORE...ONCI..ruined..the Cogosense..app..with..HARDWARE and..sold.for..$200...LMAO
NOBODY wants an app controlling their phone.use.in.the.car..Get.a.PHONEHOLDER
.0001. Will be bottom until the REVERSE SPLIT!!!
YOU..STILL..don’t get.it....NOBODY WANTS THE APP..in..their..CAR...DUH
PROBLEM IS.....DILUTION..MUST..CONTINUE...ONCI..(STEVE)..NEEDS CASH...see.recent..filing for raising $1 million
That is because...ONCI..is..a..PUMP..and DUMP...WORST...on..the..OTC
EXACTLY...TALK about the #1 PUMP.&.DUMP stock..on..the..OTC.....ONCI
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.
-----------------------
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.
-------------------------
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.
REVERSE SPLIT SOON.....3.2 BILLION in DILUTION..coming
BIGGEST SCAM on the OTC...Booking FICTICIOUS REVENUE
NOBODY will PAY $200 for an APP..they..don’t..want..in..the..first..place
EXCEPT that the CEO..IS..a..CROOK
Does not look like Chubb...is..connected....NO..HARDWARE...plus.not.blocking.texting.
Obviously not what Bsafemobile does. As I understand Bsafe blocks use of the cell phone and requires hardware.
From Chubb’s website.
“Any time when your teenager is engaged in distracted behaviors — such as when they’re driving and using a headset, AUX cable, cell phone speaker, or handling their phone for texting or calling.”
What a crock....Too little sellers??? Sounds like..the..CEO's grammer...Seriously..people.writing.such.articles should at least be able to write properly. LMAO
MORE PROOF OF THE ONCI PUMP AND DUMP IN ACTION.
ONCI..APP..is..95% OVERPRICED....NOBODY wants a $200..APP...That..is.why..SALES.are..nonexistant over two years.
100% BS....USUAL for ONCI SCAM!!!
DREAM ON...NO INVESTOR...will pay 4X MARKET PRICE...THEY GET a discount....SO 3.2 BILLION shares will be issued...ONCI...IS....A..proven SCAM