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And if you remember, the run to .019 didn’t last that long. And after a month, it crashed back down to doubles and has been declining ever since.
But yet, we have been told by this CEO every Q since: “ We have had record revenues”..
Sorry, that just does not make any sense whatsoever. Record revenues do not cause a decline in the stock price. As a stats guy, its obvious there should have been a positive linear correlation between the two.
So there are basically two explanations:
All these crazy conspiracy theories I have read about bashing and MM manipulation to keep the stock price down are true
Berman is a liar and a con man who padded/is padding his own pockets at the expense of his investors
I am inclined to believe the latter.
Mary- but they would still have some record of having this meeting, wouldn’t they? I think that is the point O is saying: there was never any indication he was even there or had this meeting. And remember: SB is the one who played this up as something big, not us.
The following failures on Berman’s part have NOTHING to do with investor harassment calls: 1. No CO move 2. No name change after two years ( Do you have any concept of how foolish it is to be calling this company by its planned ticker name??) It does not exist.. Once again, look at your brokerage account- the ticker name is ONCI. Got it now? 3. No audit ( another failed promise and lie) 4. No way that the revenues he is claiming are real. You would not see a pps of .0006. The market would be responding totally different if the revenues were real. 5. He recently was caught in a lie by his own tweet, claiming the first of many meetings with insurance companies , yet a previous tweet from 2018 he posted was reposted any an investor claiming essentially the same thing. 6. No company website. Any reputable company whether startup or not will have a website explaining its mission, products and structure. That’s just a given in the Information Age of business today. No such website exists for ONCI. Not acceptable.
Current pps .0005 says it all
The CEO is at fault here for the lack luster performance of this stock with his undeniable track record of over promising and under delivering. And not those you presume are bashing.
“Furthermore, I’m gratified to share that the latest financials for On4 Communications are expected to be released on or around the 15th of June. Our shareholders will be thrilled to learn that we have posted another record breaking quarter.”
It’s a little after the 15th. And when it comes to this CEO and his comments , meetings don’t mean a thing..
He’s been spewing this foolishness for two years.
He’s nothing but a cheat and a scam artist.
The market will never trust this CEO again.
Because there is no blockbuster news.
This is the only “news” that’s viable concerning Berman & ONCI:
Falsified revenues
No CO move
No audit
Toxic loans
Twitter rants
Misleading shareholders
Tweeting redundant news as if its new ( he was exposed yet again on his latest tweet)
Lying about Asian auto deals
But what’s really revealing is if you go on twitter, and the “other” board, even his most die hard supporters are losing confidence in what he says.
Steve- your deceit and lies will find you out eventually.. You’ve cost investors thousands so you can pad your own pockets but your day will come..
Justice will be done.
Ha ha are you kidding??
This news is about 5 years older than Moses.
Nothing ever came out of this dental nonsense. Berman was pumping this long ago.
What a crock of S***
He has no meetings with anybody.
Do you know how many times we have heard this?
From Berman’s latest tweet:
“I believe that this will be the first of many meetings we will have with Insurance companies”
Then someone points out he had said he tweeted back in January that he had a meeting with an Insurance company in NJ.
Berman cannot be trusted.
Totally agree, BJ.
This is an old song.. off to “another meeting”
I can’t believe after 100 or so “headed off to another meeting” after two years with ZERO results, people are still getting excited over these lame tweets.
“ A lie told often enough to the masses becomes truth”
- Vladimir Lenin
First law of propaganda..
Tell me about it..OMG.. are you reading pumping BS posted this morning?
Going full force
I still have some shares, not as much as I used to have.
Despite what you think as communicated in your nasty PM comments, I do NOT want to see ANYONE lose $$$$$.
I actually hope this stock does go up for the sake of those who faithfully invested in Berman’s false promises and lost thousands.
But if it does spike, I have no doubt it will be no more than a
P & D and I hope that those who got shafted by this CEO’s lies and fluff will forget this “the company is growing BS..” and take advantage of the P & D and recoup their losses.
I already made my profits on this in 2017 & 18. My remaining shares are free shares. Personally, I do not care what happens with my remaining shares, my major funds are tied up in better stocks ( like the one you have been restlessly trying to bash and I might add, to no avail).
GLTA
I still have some shares, not as much as I used to have.
Despite what you think as communicated in your nasty PM comments, I do NOT want to see ANYONE lose $$$$$.
I actually hope this stock does go up for the sake of those who faithfully invested in Berman’s false promises and lost thousands.
But if it does spike, I have no doubt it will be no more than a
P & D and I hope that those who got shafted by this CEO’s lies and fluff will forget this “the company is growing BS..” and take advantage of the P & D and recoup their losses.
I already made my profits on this in 2017 & 18. My remaining shares are free shares. Personally, I do not care what happens with my remaining shares, my major funds are tied up in better stocks ( like the one you have been restlessly trying to bash and I might add, to no avail).
GLTA
Ha ha thanks for the “link”.
I see what you mean.
Too funny...
Once again, the market sentiment was different then.
The market does NOT trust Berman.
You ( referring to Berman) can only lie so much before investors and the whales see you for what you are..
Lies:
Name change
Move to CO
Audit
Mystery millionaire investor
No dilution
No toxic notes
Delaware tax payoff (pathetic photoshopped tax receipt)
History is very unlikely to repeat itself. The time of the year has nothing to do with it..Those pumping this just do not have a valid argument ..
Sorry!
Next..
Yes, exactly. It was nearly 2 cents and everyone was saying you’ll never get these cheap prices again....
WRONG..
Nothing more than a p&d full of lies and deceit and I wish like others, that I could have seen it at the time. But the Market trusted Berman and so did I.
Different story now.. the market does not trust Berman anymore and justifiably so. And the pps reflects that despite the deceit and fluff about “record revenues.”
Next question..
Quote:
—————————————————————————————
I like the fact that Anshu did zero pumping of the stock or throw out wild expectations.. “
—————————————————————————————
Same here TF. In fact, that’s what intrigued me to invest in VRUS to begin with. There was ZERO cotton candy fluff in the CEO’s PRs to try and lure investors. Just the facts on what initiatives the company was taking. Very impressed with this type of transparency and upfront honesty for an OTC ticker.
Best
JAT
VRUS$$$$$
Agreed. Great points.
I like this slow and steady rise. This was in Tripps a year ago wasn’t it ?
Many bought millions of shares. As the pps continually moves to higher levels, it is expected that some will take profit.
Nothing wrong with that at all.
Just to follow up, all a newbie has to do is go to Twitter and read the comments of of the longs who are losing confidence in Berman now. The same ones who on this board do a complete about face and try and pump this up.
DB- this was said two years ago..
Growing pains... lol
Who are you kidding?
They have been outright lies and deception, just to string along investors, nothing more.
BJ is spot on with his summation of the lies of this CEO
That does not stop these idiots from crying the mantra:
“Hexagon- the perfect storm”
LOL
Too funny
Great post.
Thanks O, for what you share. You seem like you have more understanding and investment savvy in your little finger than all the bulls have together with the cheerleading and outdated “DD”.. i.e. lies.
I found your last statement intriguing as well; I wonder as well what Berman’s next scam will be...but then again, with the way he has cheated and scammed investors, he may in fact be ready for retirement ( although I would prefer it to be prison instead).
Keep posting bro.
Best
Exactly!!
NO reputable start up company would be posting “record earnings” every single quarter. So obvious by now-Berman’s scam tactics..
I’m invested in another ticker that has all the markings of a solid company:
1.Audited financials
2.They announced a name change- done three months later
3. They announced right up front the name of the multi millionaire taking an interest in the company who made an agreement to purchase shares. No mystery billionaire or millionaires like the hype we heard from Berman months back.
I bought in the low .002s and it is now trading at .025 long but steady climb.
No fluff, real products, no sugar coated promises .. but what really sold me was their transparency - right up front about financials, no big promises..
In other words, they under promise and so far have over delivered!
Complete anthesis of ONCI!
Wow, a HOME video endorsing an overpriced antiquated distracted driving app.
Berman sure knows advertising.. I guess since he lied about Fly Communications, this was the best he could do.
And that is official letterhead from the state of Delaware..
Right....
ONCI = SCAM
Excuse me, I’m do back on planet earth.
Slow and steady wins the game
Go VRUS $$$$$
And Go my fellow longs!
————————
Paid by whom?
————————
Ha Ha... tell me about it! Who on earth would pay people to bash this stock?
One of the things that has amused me in the two years I’ve been reading this board is that there is always an excuse for the failure of this stock other than the CEO’s under handed tactics. It’s always some big conspiracy as to why this stock has failed to produce: paid bashers, MM manipulation, flippers,..
Too funny.
Dewyboo..
VRU*S at .025
I bet you wish this POS ONCI could do so well, huh?
Do you know how many times people have said “its coming”
There is nothing coming..
This CEO has screwed his investors and the sad part is, the loyal longs know it. They just don’t want to admit it.
It’s as fake as the so-called document that showed Delaware debt was settled. Right, It wasn’t even on official state of Delaware letterhead.
This crook continues to deceive investors and people still buy into it.
Exactly, that doesn’t mean anything..
That’s not Bloomberg’s opinion of Steve Berman. Like you said, they’re just printing what Berman is giving them.
And what prey tell, is a certified ticker??..lol.
The Delaware debt was fake, nothing but an obviously photoshopped document was provided. As another poster pointed out, no state government would settle hundreds of thousands of dollars in tax debt for pennies on the dollar.
Another Steve Berman scam.
Just look at the pps close. Says everything.
Still hanging on to all his BS, huh? I bet that tweet made you feel nice and warm inside.
It’s your money.
Close .0006
LMFAO
BWHAAAAAAAA...
I know this may come as a shock to you but the burden of proof is on the CEO, not his investors.
He is the one claiming everything is wonderful while at the same time, people are losing or have lost thousands believing in this CEO’s promises and claims- none of which, I might remind you, have come to fruition.
Where’s the independent third party audit he promised that proves the revenues are NOT false?
If the company is raking in millions in revenues, what’s 40-60k to do a audit and win back the confidence of the market?
How anyone at this stage of the game can believe the tweet he just sent out is beyond reason.
Good question. Actually, I already posted what W.C. Fields would say:
“Never give a sucker an even break”
Berman knows and lives by this very well. If ANYONE thinks Steve Berman is actually out for the best interests of the investor, then they need to seek psychiatric counseling.