Don't be a FOOL! Stop averaging down into downtrenders.
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.
What's this $hexagon$ you keep posting? Is that a real company? I can't find anything on the web...
"No cease and desist lawsuits from vendors"
Possibly true, but not sure how we'd know... what have you heard? why even mention it?
I've gone thru alot of ONCI's filings, could you please let me know:
1. Who are the 'vendors'?
2. Where did you find that info?
Thanks!
That's great to hear, thanks for your response.
I am human actually. I've learned the hard way, which is why I'm compelled to post here I guess.
What have I learned:
Scale-in buys if you actually believe in something, otherwise buy-in when it's moving your way and you need to get onboard.
Then, scale-out sells as it moves your way in order to monetize every GD trade you get on before it goes against you, OR dump it as soon as it tries to take your hard-earned money.
Everyday. It should be automatic and not too emotional.
Stocks aren't friends, they're generally lies you've agreed to go along w/ for a short while, then you get out before anybody realizes you were one of the fools who believed the lie.
The difference is, if done well, you can make some money, and consistently, even on garbage.
Of course we all get fooled, or make mistakes. That's why my bio says EVERY trade is 50-50, at best. Don't EVER BELIEVE in a sub-penny stock.
Not easy to keep up w/ the many arms of the ONCI octopus, but somebody should certainly UPDATE THIS BOARD'S INFO PAGE (above).
So much of that info is old, obsolete, or otherwise out of date and misleading.
I'm not suggesting capitulation to any bearish thesis, just update the info and websites, etc.
Bulls should realize folks are more likely to buy into this if you have stuff that's accurate and timely and NOT YRS OLD.
nice, but nobody here is a customer so not sure what the point is - to show this is one of the many-changing websites that still works?
"Doubt you will be hitting the buy button ever again..."
Well, never say never... these super-hyped sub-penny's have occasional runs, the trick is getting on them when it makes sense to get on, and getting off before they take your hard-earned money away.
Unfortunately, many get duped into getting on due to msg-board hyping & pumping, then they're somehow convinced to hold on forever while it takes away their money.
Which is kinda weird: who ever taught them to do that?
That mcaa ad links to broken cogosense site, so not sure that'll drive much business...
why are you posting stuff from 2013?
If business is legit, and anywhere near as good as claimed, somebody PLEASE EXPLAIN why share price doesn't reflect it.
Why hasn't somebody IN THE KNOW (there's ALWAYS FOLKS IN THE KNOW), bought the hell out of shares?
Why isn't Berman filing 'insider buy' notifications monthly?
Wouldn't YOU, if you were the owner and KNEW how good business was? I'd buy the hell out of it, clean up shares, just take it private and make shit tons of money every month as claimed.
Why would you bother complying w/ OTC Market bs, and bitching about sub-penny scam msg boards affecting your wealth?
ANYBODY familiar w/ running legit business KNOWS this thing stinks.
Berman can EASILY PROVE DOUBTERS WRONG. Or maybe he can't...
For longs, I sincerely hope he does. Hell, if something can turn this around I'll have no problem pushing the buy button again.
"I hate to be told i will be their in five minutes and the guy shows up 45 minutes later."
And then he has a group of friends telling you all day every day why he can't show up when he says he will, and he's the best guy ever, and if you just put up w/ his shit today tomorrow he'll change, and blah blah blah.
But hey, I've been told for 2 yrs this is the best CEO EVER! It's not HIS FAULT he's dishonest, and late, and took over this sub-penny scam in order to pump the hell out of it and get rich. C'mon, give the guy a break, have some more patience, and lake-houses for all!
Why do I even bother? In the hopes that some other guy reading this might hold off on putting money into ONCI til he sees ANYTHING verifiable in the business, or at the very least, price & volume move the way it should if you're long.
Amended filings w/ OTC don't make claimed A/R 'real'. Is there an income statement filed w/ the SEC?
IF THE NUMBERS WERE REAL, the stock would likely be 10x higher.
I know bulls don't like to ask themselves these questions, (instead they ask each other to confirm their bullish thesis), but:
IF YOU OWNED 1.6 BILLION SHARES, and an audit proving your presented financials were real would likely push the price up 10x, WHY WOULDN'T YOU JUST DO THE AUDIT?
Answer: there are 'reasons'...
You don't need to tweet a 'future audit', you've done that several times in the past yrs. Of course it never happens, and then an army of promoters here 'explain' on your behalf why proving unbelievable numbers is so difficult.
Next I expect someone on these boards, "An audit WILL BE DONE" after such and such happens, as if they know something we don't.
In the absence of transparency, we only have price & volume to go by, and the behavior of share price, despite MONSTER promotion on these boards over the past couple yrs, says A LOT.
ONCI occasionally bounces on hype; when it does, I hope those in the hole are able to scrape some money back into their accounts.
Been following, here & elsewhere. Thanks for bringing it to our attention a while back Gem. Well done.
I work hard to monetize trades, and this is a rare one where I scaled-out a bit too aggressively in Mar & Apr and only have 20% of my orig position left. Oh well my position is smaller but that's not the worst problem to have.
I hope you've made a TON. As you know NONE OF THESE LAST FOREVER, so I also hope you have a good plan to monetize your trade.
Fwiw: in my experience LESS attention usually means longer runs, so let the slow burn continue.
Making a HOT BOARD on iHub ain't all it's cracked up to be.
Often if it only attracts attention to obvious promotion & sketchy company managements.
Even more so when that company has had recent issues satisfying OTC Markets w/ very basic disclosure.
Now, when a stock is moving in the RIGHT DIRECTION, on volume, well sure, then it's not a bad thing for bulls. Then you get in, and get out with money in your pocket.
Even hot boards aren't investments. Everyone knows that.
He tweeted the same April 8th, a month ago.
Maybe this time he'll be right. That would be a nice change for this guy.
Hey, glad you mentioned this:
"Audited break-down of sales would go a long way towards shedding light on WHO IS...actually paying REAL MONEY for anything from ONCI. Until then, we're left wondering..."
Just IMAGINE how much mystery and doubt could be removed, at relatively LOW COST, if ONCI mgmt showed some leadership and made a mature, beneficial decision to have a FULL audit.
Gee, if I owned 1.6 billion shares, wouldn't I want the fear & doubt removed? Wouldn't it be reasonable to expect share-price to skyrocket, if financials could actually be believed?
Tweets & other repeated bogus promises about a 'future audit' don't really cut it. We've seen that promise reneged on more than once, as witnessed by the pathetic share-price performance.
Shareholders should stop making excuses for the CEO and tell him to spend the few bucks for the audit. THAT's what could turn this around.
But NOT more of the same.
Yes, a very detailed review albeit from 2017, just after the climactic run to .019.
Unfortunately for that 'large shareholder' even his very positive review (the only one so far by anyone who claims to own shares) didn't bump share price one bit then, or since then. Which is a little curious...
I don't want to be picky, but I did request one of the PERMABULLS to post THEIR review - your reviewer has posted only once on this board since last Aug. Even if he uses the product I sure hope he hasn't ridden a 'large position' down that much, over that long a period of time.
I'm still a little disappointed that ALL THE FOLKS HERE saying how life-changing this product is, or can be, haven't been able to respond w/ THEIR OWN PICS of the unit in THEIR CARS.
My guess is, new folks reading this board discover that even the PERMABULLS don't really want the company's product, find it too difficult to source something, or aren't willing to pay for or even use it.
Audited break-down of sales would go a long way towards shedding light on WHO IS interested, and actually paying REAL MONEY for anything from ONCI. Until then, we're left wondering...
OTCMarkets being unsatisfied w/ the investor information a company provides, slapping a YIELD sign on the stock, and then having to ask for additional info, isn't typically "good news" or bullish in any way.
Nor do I see anything bullish in the additional info provided.
No idea what you see in these atty letters or additional required filings that OTCMarkets has DEMANDED, that makes you feel '19 will be any better than previous yrs.
In fact, between INADEQUATE FILINGS to begin with, and obvious share-price trends, we're grasping at straws to think removing the YIELD sign is somehow a 'bullish catalyst'...
Bounces in this stock have been good for one thing, and those who continue to ride it ever downwards turn a blind eye to that.
Geez, I guess I'm not so special after all, I thought I was the only one who got these PMs.
Thanks Mary - very detailed review albeit from 2017, just after the climactic run to .019.
Unfortunately for that 'large shareholder' even his very positive review (the only one so far by anyone who claims to own shares) didn't bump share price one bit then, or since then. Which is a little curious...
I don't want to be picky, but I did request one of the PERMABULLS to post THEIR review - your reviewer has posted only once on this board since last Aug. Even if he uses the product I sure hope he hasn't ridden a 'large position' down that much, over that long a period of time.
I'm still a little disappointed that ALL THE FOLKS HERE saying how life-changing this product is, or can be, haven't been able to respond w/ THEIR OWN PICS of the unit in THEIR CARS.
My guess is, new folks reading this board discover that even the PERMABULLS don't really want the company's product, find it too difficult to source something, or aren't willing to pay for or even use it.
Audited break-down of sales would go a long way towards shedding light on WHO IS interested, and actually paying REAL MONEY for anything from ONCI. Until then, we're left wondering...
Thanks again for the reply!
"Take a look"
I have. Have YOU?
I've snipped and posted pics from those filings. Please do the same to show what you're referrring to so that we can settle this rather than ME posting 'filed evidence' and others posting links to filings they haven't read or understand.
Possibly I've mis-understood something, but at LEAST I've READ THRU the filings.
Have you? Show me EXACTLY what you're referring to in ANY LINK you post.
I've done that at least.
From that Qtrly:
"at October 31,2018 the issued and outstanding common shares...at that date were: 4,535,705,518 common; Of the issued and outstanding common shares, 2,889,751,027 common shares (or 63.71%) were held in the public float and 1,445,422,272 (or 3l.87%) were restricted common shares held by our CEO."
So Steve's 1.4B share reduction 'requested to the board', are just his privately owned 'restricted' shares NOT shown on OTCMarkets.
That would be logical, if he's amended the classification of his own shares.
IMO, this does NOT answer the question adequately, considering all the caveats listed in official filings re 'how and when' a share reduction would occur.
Believe Steve and others here as much as you want. I recommend a healthy dose of scepticism.
Additionally, the fact that MUCH of the 19 pages is devoted to share structure, suggests to me that SHARE STRUCTURE is what is in dispute.
We can CLEARLY see in the filing ALL THE ADDITIONAL SHARES ISSUED over the years (call it dilution, but I don't think anyone cares about that really).
What we CAN'T SEE, is ANY SHARE REDUCTION yet.
No biggie for those who don't believe it occurred, but apparently plenty folks believe those who post that it HAS occurred, despite my repeated requests to simply post the filings that provide that evidence.
Significant Share Restructure REQUIRES a filing.
I've read thru the entire filing:
1. The fact that previous PATHETIC attempts to communicate w/ OTC Markets required an ADDITIONAL 19 page filing to 'clarify 1 small issue' certainly raises flags...
2. And THIS:
"On February 10, 2019 the Company’s Board of Directors approved the request of Mr. Steve Berman to surrender, to the Company’s Treasury, 1.4 billion issued common shares."
This has NOT CHANGED, and means nothing re Share Reduction having occurred. Sure, Steve 'requested' from the board (c'mon, WHAT 'board'?) to reduce shares.
The company has previously MADE IT CLEAR THIS WILL NOT HAPPEN PRIOR TO COLORADO, which appears to be NOT HAPPENING AT ALL at this time, according to Company and Colorado filings.
That's MY read. Please show official filings that dispute my interpretation.
"I am glad that in case of ONCI, the OTCM is paying attention and asking questions..."
I think you should be very careful what you wish for... No bull on any stock should EVER EVER EVER be 'glad... OTCMarkets is paying attention and asking questions'...
GLTU.
One guy said: "still believe this CEOs lies"
Another said: "People will believe and Steve Berman is counting on stupidity."
I think you guys are being harsh on the folks who have lost their hard-earned money on this. I honestly don't think they believe Steve so much as they trust anonymous posters on boards who pump and pump and 'appear' legit while moderating same company boards on multiple investor hangouts.
I think it's these company shills who take advantage of naive investors who are actually guilty parties - Nobody would have heard of Steve or this company if it weren't for iHub posters.
Kinda boggles the mind that folks hold on to EVERY WORD posted by the same folks who have directly contributed to them LOSING MONEY, and they continue to do so.
"ONCI is making a lot of money"
How? Doing or selling what exactly? And how would anyone really know?
Will ANY ONE of the permabulls please do something for the board:
Buy something from this company. Use the REAL product! Post a pic of it installed in your vehicle.
This should be SO EASY, why does NOBODY DO IT, or even respond here?
Maybe buy something from Sifthouse, or make an appointment w/ your Mobile Dentist.
Please do something to show the company is real, and help the stock price.
Everyone here can give an honest review of aapl, amzn, fb, goog, nflx, and everything else we use, but nobody HERE is willing or able to buy from ONCI?
Weird.
I understand. I've read thru all the filings and letters, and I've posted pics of the ones I'm querying. I understand they may be "as of" certain dates. No dispute there.
My point is: where is ANY FILING showing Share Reduction?
Your answer would appear to be: there is no filing but Steve tweeted it, and told OTC Markets, and they posted it, but yeah, they have some questions still and so... Yield sign.
Is that accurate?
And we're going to ignore the Lawyer's statement that the Share Reduction will not occur until AFTER Colorado, which appears to be not happening according to CO State, as posted earlier today?
Just trying to understand facts, as there are so few of them available here.
OK, to be clear, you're stating that it's all good because OTC Markets shows the reduction has occurred, even tho:
1. There's no filing other than with the SEC dated 02 Apr 2019 (1 month ago) that shows 4.8 Billion shares outstanding
2. The 23 Apr lawyer letter that states the reduction will take place AFTER COLORADO and "other corporate actions", which you state is talking about 2018 even tho nothing has happened w/ CO since then - in fact as I posted earlier that CO application has lapsed and is no longer current.
So I get it. I just don't have any reason to believe it. Nor do most folks who read filings and lawyer letters and accept them for what they actually state, which is what a court would hold them to.
I know you think we're going in circles, but yelling "OTC!" is not a link
I've provided links to sources for my questions (SEC filing 2 Apr, showing 4.8B shares outstanding), and you're yelling at me like I'm an idiot.
Next you'll yell at me to google something.
Please just provide a link to an official source that shows outstanding shares (other than OTC Markets who have a Yield on this ticker because they can't get current or accurate or truthful info from the company)
Thanks
OTC Markets is a company that provides info to investors 'based on information companies disclose'. Sometimes that info is sketchy, or dodgy, and companies get slapped w/ Yields, Skull & Crossbones, etc as you know.
What makes you think the Share Reduction has taken place, when the evidence I've provided shows it hasn't? Is it JUST BECAUSE OTC Markets shows it? What filing do they have showing it has occurred, in conflict w/ the Atty Ltr?
I'm trying to get factual confirmation from an official source or filing.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148592272
Guess his ears were burning or something...
"yield sign will be removed ASAP" gee, that's new...
"we had record revenue" of course, but impossible to verify & hard to believe
"we continue to sign new deals" of course
Now this tweet can be promoted all day by the bulls, and I'll get no response to 224515 and 224525
Steve's had a LOT OF HELP as you know. Here on this board and others.
Today would be a good day for a Stevo-tweet, to be re-tweeted all over this board telling us "it's all good folks"...
Are the numbers on the security detail correct?
I'm not sure OTCMarkets is even sure, which raises questions.
Hexagon Holdings website no longer exists, and CO Domicile didn't happen?
What is the supposed website(s) for ONCI or Hexo?
Re CO: https://www.sos.state.co.us/biz/BusinessEntityCriteriaExt.do
Can anyone clarify these 2 things please?
The reason I ask, is because of course everyone is convinced the Share Reduction took place, but the 'amended lawyer letter' is pretty clear on this:
What gives?
Will one of the permabulls please do something for the board:
Buy something from this company. Find a 'distracted driving' unit that you can buy, and actually hold in your hand. Download the app, and show us what the setup looks like in YOUR CAR. Not those stupid fake-looking old pics from 'some dealership' that were posted long ago.
Use the REAL product!
Then let us know: How easy was it to buy? How easy was it to install, setup, and use?
This should be super-easy, and really cheap (compared to buying more shares).
If this was a product I believed in, I'd do it in a heartbeat. Why not? PLUS, you could maybe convince everyone that the company knows what its doing, and not just inventing 'accounts receivable' or something...
Or maybe buy something from Sifthouse, or make an appointment w/ your Mobile Dentist.
Please do something to show the company is real, and help the stock price.
Or do nothing, and just pump it on msg boards some more...
C'mon man; everyone here can give an honest review of aapl, amzn, fb, goog, nflx, and everything else we use, but nobody HERE will touch an ONCI unit?
Weird.
"lets be realistic here. it is not steve who killed the pps it the shareholders."
It's sad that so many have lost so much money in this stock. It has been pumped on this board and others, which is why so many have bought shares.
I don't think you can blame fellow shareholders for cashing-in a bit when the stock moves their way, or selling out altogether when it goes against them - that's what traders and investors are SUPPOSED TO DO.
I hope the stock comes back a bit for you to find a decent exit. Maybe it will.