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Did you get those numbers from audited financials.
I’m worth $10 bazilliontrillion dollars. My finances aren’t audited though but I’m writing down that it’s true. You believe me, right?
David, there is no part.
Absolutely NOTHING about some phantom billionaire buyer or even a millionaire buyer is true about buying $1,080,000.00 worth of ONCI @$0.0024.
I’m not even going to entertain an idea where “maybe he’s so rich he can afford to pay twice as much as what something is worth” or “maybe he knows something”.
This is a con job. The filing REEKS of fraud.
The filing asks:
1.) are these financials audited: Steve Berman, in the filing clearly answers “NO”.
The filing instructs the filed to use the most recent financials.
Steve Bermans most recent financials cannot be trusted because they simply are not audited. He could put any date he wants on them. They are not audited so he can write ANYTHING.
His financials that he did file with the A-1 are IDENTICAL to the 2018 financials which means he used financials from over a year ago and THOSE FINANCIALS ARE NOT AUDITED.
This is a con job through and through.
So why am I here?
Steve is excellent at running pump and dumps. His stock has seen fairly regular pumps. I’ve traded the pumps twice for profit.
I’m here to trade and make money BUT THAT IS NOT THE SAME as embracing ONCI as anything close to a legitimate business endeavor or a sound investment.
To point a fact, I believe ONCI is a scam stock and Steve is a fraud. That being said, so are >90% of all OTC stocks and they’re usually trade-able too.
ALL OTC COMPANIES WITH YIELD SIGNS OR STOP SIGNS OR SKULL AND CROSSBONES WOULD BE SUING THE OTC if it were the “pay to play” culture Steve Berman publicly accused the OTC of.
Like I’ve said, I’m shocked at his pure stupidity in that move.
I’m not shocked he’s tried to con investors with a lie; rather I’m shocked at what a stupid and openly defamatory lie it is against the Market Place that lists your company stock.
Steve Berman will say ANYTHING because he knows some investors will BLINDLY BELIEVE him and convince others.
I can’t even believe that Steve is so stupid (I have known he’s a flat out fraud) as to PUBLICLY DEFAME the Market Place that lists his stock.
It is absolutely untrue and defamatory to claim that the OTC posted a Yield sign on ONCI as a way to say “you owe us money”.
The damage that the Yield sign can do to a company market cap and shareholder equity (use Wikipedia if you’re unfamiliar with either).
Publicly traded OTC LISTED stocks would sue THE CRAP OUT OF THE OTC if the OTC used Upgrades and Downgrades within the OTC tiers as a way of saying “you owe us money or you’re paid up” instead of as it is:
IN THE OTC, you file the required minimums OR YOU GET DROPPED DOWN THE TIER STRUCTURE... PERIOD!
ONCI and Steve Berman really risked a defamation lawsuit with that stupid tweet!
The OTC ABSOLUTELY DOES NOT DOWNGRADE A COMPANY BECAUSE THE COMPANY OWES THE OTC MONEY AND AS A WAY TO REMIND THEM TO PAY!
ONCI is DELINQUENT! PLAIN AND SIMPLE.
The OTC is absolutely regulated by FINRA and IF A COMPANY IS DELINQUENT THE OTC MUST give this information to investors and potential investors.
Sheesh.
I appreciate that you know this NYR24, and hope the word spreads that Steve Berman has absolutely DEFAMED the OTC and committed Libel against the OTC.
If the OTC wanted to, they could flat out sue Steve Berman personally for this.
Please tell me you’re joking.
ONCI is just garbage.
Anyone ever ask themselves why Steve Berman only tweets?
A while ago, a company was tweeting some bizarre stuff. The tweets appeared to be pumping the company stock. The tweets caught a lot of attention for this penny stock and it began soaring.
When investors, clamoring for details began calling the company the CEO claimed to not be able to give details about the tweets.
The stock fell as fast as it rose and fell below its price before the tweets.
Lots of scrutiny came down on the company and the CEO finally tweeted that a person, familiar with the company but unauthorized to issue company tweets had done the tweeting.
The scandal was over. It wasn’t his fault. The stock had seen its pump and dump.
Nobody went to jail.
No hefty fines.
Just a “mea culpa”.
If Steve Berman and ONCI are late with financials, I wonder if he’ll claim a person with access but not authorized to tweet had been posting tweets for ONCI without his knowledge.
He blames everyone else, why not blame a phantom
Tweeter
Lol!
“Gravity is escapable” said no scientist ever.
Gravity exists even in the deepest voids of space.
Zero gravity is a term used but not meant to literally mean zero.
Here:
https://en.m.wikipedia.org/wiki/Weightlessness
SFOR has NOTHING to justify a $0.0050 price tag.
If we want to play along with the rocket fuel and rockets analogy then I guess we could say that Major Mark is having issues with ground control. The rockets have fired there’s something wrong.
Going to be a tough thing to watch for some people as SFOR continues it’s reentry and plummets back to the trips.
I never said anything about a “magic” buyer.
I said there is no ONCI mystery billionaire buyer.
Since when is gobbledygook “explaining a rationale”?
Just curious?
So you’re saying that if it isn’t we should expect a sharp turn even lower.
I completely agree with you that ONCI is headed sharply lower because there is no billionaire investor or groups of millionaire investors.
You’re so right! ONCI is almost halted and will head sharply lower.
So...
You’re saying he made it up on a post it note in 2018 and then just copied the same
Numbers for a 2019 filing?
I agree!
He’s a complete fraud. You’re totally right!
He used 2018 numbers for a 2019 filing. You’re 100% for pointing that out and I agree with you that ONCI is a stock fraud scheme
There is no mystery buyer.
Let’s be clear:
Let’s say you are a billionaire and you’re offered to buy 450 million shares of ONCI at $0.0024.
You’re a billionaire, so what’s $1,080,000 to you? It’s a literal drop in the bucket. A single weekend party in St. Maritz with all of your friends and catered could easily cost that especially since you all took the Yacht.
Wouldn’t that billionaire say “hey? I need audited financials”?
I mean the offering clearly states that the claimed financials are NOT audited.
No big deal... so what if the financials just got transferred from a pad of post it notes. You’re a billionaire so what does $1,080,000 mean to you.
How about current financials?
The Offering very leniently states that you must use you’re most current financials BUT since you don’t audit or file with THE SEC, there is NO ONE TO AUDIT THE DATE OF THE FINANCIALS so those POST IT NOTE NUMBERS COULD BE MADE UP FROM YEARS AGO.
No big deal, you’re a billionaire so what’s $1,080,000 to you?
I would think that the “circle of billionaires” is actually pretty small. According to Forbes, there are 2028 Billionaires in the world. You’d think there’s a club where they all share ideas like “hey, I just bought a million bucks worth of ONCI stock FOR WAY MORE THAN I COULD HAVE HAD I JUST OPENED A TD AMERITRADE ACCOUNT and I think you should buy too”
But that hasn’t happened because we aren’t seeing the stock fly higher or volume soar to the hundreds of millions on any given day.
This whole offering is a scam. It’s a scam with unaudited numbers and unknown financials dates and it’s a road to nowhere because ain’t nobody going to buy ONCI STOCK at $0.0024 when they could have gotten it today on the ask @ $0.0013.
Somebody asked “why squabble over $0.0010 of a higher price”?
Well... when you’re buying 450 million shares would you rather squabble and pay $540,000.00 or not squabble and pay $1,000,000.00 for the same number of ONCI’s worthless JUNK?
ABSOLUTELY CORRECT.
100%
Steve’s excuses for delays are like belly buttons; in that everyone has one...except for this one poor kid who wished his away and his wish was granted by an angel who came down from heaven and removed his belly button but then the kids butt fell off. But that’s a whole story for some other time.
LMFAO AT “THE BEST (not) OTC STOCK” trading at $0.0012 today.
It’s so weird?
Does anyone else think it’s weird that “THE BEST STOCK ON THE OTC” keeps getting cheaper and cheaper.
I guess I’ve been doing it wrong for decades?
I’ve always thought that undervalued stocks and THE BEST STOCKS usually trended higher until they were fair valued or overvalued or even just plain old “frothy with irrational exuberance”.
I sure hope no traders who are trading face hefty fines or jail sentences for ditching this overvalued pig of a scam.
It’s also weird for the “BEST STOCK ON THE OTC” to have a big fat Yield sign which occurs right before they get a big fat “STOP” sign and then get the good ol “Skull and Crossbones, Caveat Emptor”.
But maybe that’s just the route ONCI must take in order to be the “BEST STOCK ON THE OTC”.
I guess longs are paying hefty fines in the way of losses by keeping on holding a BLATANT, IN YOUR FACE STOCK SCAM!
No it isn’t.
ONCI is a terrible company. Steve Berman is a terrible CEO. He is immature, unprofessional, and quite possibly a fraud.
There are thousands of OTC stocks who file financials with the SEC, don’t have a OTC YIELD SIGN UP AND ARE CURRENT WITH THE SEC, submit audited financials, and have revenue without the massive debt for shares structure that Steve-0 has put in place.
All of the above is EXACTLY WHY ONCI is at $0.0014 today and EXACTLY WHY $0.0014 isn’t even close to the true bottom in ONCI’s future.
HAAAA HAAAAAA
This is just too awesome...
Fair and balanced synopsis of ONCI which was so clearly biased it may has well have come directly from ONCI’s very own CNN or MSNBC’s news desk.
Yeah...
Still waiting to eat dirt.
So far, the only one eating dirt is Steve with his $0.0014 price tag.
ONCI is absolute garbage. I love reading how some aren’t “traders”. Nope, they’d never stoop so low as to make money in a money making market place. Instead m, their patient investors.
The funny thing about investing in garbage like ONCI is that if you come back in a year and don’t touch it, you’ll find out that garbage is worth less than it was AND THAT IT IS STILL A GARBAGE, STOCK FRAUD RAN BY A FREAKING CON MAN.
You can invest in ONCI and be as patient as an angel and you’ll find out sooner or later you’ve misplaced your confidence and trust in Steve Berman.
Oh that’s TERRIFIC ADVICE.
Pay more than what’s on the ASK!
That’s a for sure way to grab ONCI.
Heck!
Just go ahead and buy ONCI out of the b/a scope.
Don’t bother for a second being upset when your order fill for $0.0017 and then ONCI dips straight back to $0.0014.
I mean heck... MM’s only make money on 100% of every trade and they sure hate it when they buy below the at or below the bid and then have to go through that troublesome process of selling above the ASK.
Sheeesh...
Did it ever occur to anyone that ONCI was brought to some people’s attention and those people considered ONCI as a viable trade but are critical of past performance and critical of Steve?
Did it occur to anyone that some would love to see ONCI do something to make it a viable trade and those people would love to hop on board but won’t until specific issues are resolved?
Sure... some here who unjustly feel like Steve burned them (their finger can enter a sell order at the first hint of losses just like any disciplined trader would) troll the ONCI boards.
I tend to think a lot of people here are just like me. I don’t like ONCI right now.
I see too many justified red flags.
I won’t buy ONCI just because some say it’s undervalued because I disagree.
ONCI is in trouble as a publicly traded company. Steve Berman, whether you like to hear it or not has lied in the past.
I wasn’t here for those lies but I’ve uncovered them in my DD. Steve Berman is currently on twitter nearly on a daily basis saying things which simply cannot be proven. He’d done this in the past via twitter versus traditional press releases and his tweets turned out to be lies. Is there any reason to believe he’s found God or some higher power and now all of the sudden his tweets have merit?
Actions speak louder than tweets.
When good old Steve-0 decides to string some actions together and the stock begins to react then buyers will take notice.
Buying a stock @$0.0015 just because it may go up is stupid when for months it has proven that it is just falling.
I’d rather pay twice as much for a viable trade than $0.0015 for something that looks and sounds like the usual OTC stock fraud scheme.
If and when Steve-0 actually produces, I’ll buy and trade it. I’ve traded it twice so far. I’ve got plenty of dry powder just waiting for ANYTHING that rings true from Steve-0 so don’t you “longs” go worrying yourself about whether or not I could care less if I buy a viable stock at $0.0016 or $181.70 because I can do either at a moments notice.
Lol...
You think retail is bringing pressure to ONCI?
ONCI is facing pressure and has been since it was OVER $0.01 because of super shady Steve.
Yeah...
Steve berman who calls critical thinkers losers who must be losing money on his stock nonetheless and then says super elementary things on twitter like “bashers will eat dirt soon”.
Yup...that’s who you’re backing.
You’re backing a guy who has lied for years to investors and also for years can’t muster up a real PR and instead tells everyone where Jenkins is or is going to be on Twitter.
Apparently where Jenkins is is ONCI’s very own version of Where’s Waldo.
Haaaaaa
You’re funny.
“Hey you guys sell so I can load cheapies”...
Ummmm
Pretty sure $0.0014 means you can get about 7 shares for every penny in your penny jar...
Seems pretty cheap to me.
You’d think that peeps would be like “hey! There’s billions of shares out there waiting to be bought. Don’t sell yours at the bid. I’ll just go ahead and buy the cheapies that are already out there” because that’s called demand and that’s what makes the share price go up.
Lololololol
Steve Berman said on Twitter two days ago that bashers would eat dirt soon.
Apparently today isn’t the day. Yesterday wasn’t the day.
ONCI still has a big fat yield sign up.
ONCI files a 1-A and a lot of people don’t know what a 1-A is so they swear that ONCI is turning a corner.
Today’s $0.0014 share price and possibly lower keeps proving today ain’t the day.
ONCI is a con job ran by a fraud.
Okay!
Now I’m really starting to dislike Steve.
He said there would be dirt for bashers to eat very soon.
I mean cmon... there’s breaking news that a person is going to buy a million bucks worth of ONCI stock for $0.0024 when he could have gotten it the other day for $0.0013 and he should have listened but now, later when it’s at $0.0024 he’ll be kicking himself while choking on dirt, then, but doing it now.
Isn’t confidence at its peak? I read that recently. How long does ONCI confidence stay at its peak?
If it’s at its peak, doesn’t that mean confidence will fall from here going forward?
I think ONCI spells backwards thinking in some crazy string theory alternative universe.
I love how it goes from $0.0014 to $0.0016 and peeps are like YES! FINALLY! HERE WE GO!
Same old yield sign.
By the way. Steve is a liar. The OTC doesn’t just downgrade a stock by placing it on a lower OTC tier all willy nilly as their way of saying “you’re payment is due” to the company.
That’d be like being late on your cell phone bill and them handing you two cups and a string til you pay it.
But...hey...he knows some peeps will fall for it so why not, right?
HAAAAAAAA
“The bashers will eat dirt very soon”
That’s the latest and greatest tweet from ONCI’s Steve Berman. Steve-0 must have been beaten up a lot all the way through high school which is why he’s re-living Grade School-High School “Eat dirt” lines.
It’s nice that the ONCI bashers will eat dirt soon. It’s nice because I imagine the ONCI longs have dirt coming out of both ends after eating so much during ONCI’s fall from $0.01 to $0.0013.
It’s really lazy writing for Steve to call anyone who is critical of ONCI’s performance just bashers.
It’s really lazy on anyone’s part for that matter.
More polished people would be like “I strive daily and arduously toil to prove to my critics that ONCI is a legitimate business endeavor with lofty but attainable goals in the arena of success.”
(Or some derivative of something like that)
Because investors deserve more than lazy writing.
But nope! Instead, longs get “bashers will eat dirt”.
Funny how anyone who is critical of ONCI’s performance is just a basher...and even more lazily, just a “paid basher”.
ONCI IS ABSOLUTELY NOT A SCAM!
They’re just a misunderstood company that doesn’t file audited financials, isn’t current with the OTC, and has a CEO who repeatedly claims deals are done but offers zero second or third party proof.
This dude came to my door. He was selling these round trip tickets to Mars. I’d never heard of them. He told me all these great things the company has done and partnerships with Fortune 500 Companies. I asked him for proof but he didn’t have any. No big deal, I’ve always wanted to go to Mars.
He continued to tell me about how well the company was doing financially. I asked to see some financials. He showed me some numbers scrawled out on a Post-it note. It didn’t quite look legit but no big deal, I’ve always wanted to go to Mars.
I started asking some in depth questions about their Mars Program and he said “only morons who must be losing money are asking stupid questions” so I shut up because it’s no big deal, I’ve always wanted to go to Mars.
Finally, he told me that the company is moving to Colorado and changing their company name to MARSAGON. He also said that they are currently a publicly traded company. I saw that their move is not compliant with The Colorado SOS and I also looked up their TICKER and was greeted with a GREAT BIG YIELD WARNING but hey, no big deal. I’ve always wanted to go to Mars.
Sure, some of you may see some red flags here but I don’t. They all seem like there are reasonable reasons and fixes for these red flags so I bought two round trip tickets. Who could pass on the price? $0.0012 per ticket. He said if I wait a week or so I can get the tickets cheaper but I wanted them now BECAUSE I AM POSITIVE that there is no way round trip tickets to Mars will go down in price. I’m positive they’re extremely undervalued.
I bought two round trip tickets because he said Mars is nice this time of year so I’m sure I’ll want to go back.
(Oh... wait... this Guy never came to my door, I didn’t buy any tickets to Mars and come to think of it, ONCI IS IN FACT A STOCK FRAUD SCHEME and next week, anyone can get ONCI shares cheaper in my opinion)
HAAAAAAA
LOL!
ONCI AT $0.0012!
ONCI is garbage. Even the OTC is saying “YIELD”
After YIELD COMES A BIG FAT RED “STOP” sign.
After that... A SKULL AND CROSSBONES WITH CAVEAT EMPTOR.
ONCI is a BLATANT IN YOUR FACE STOCK FRAUD SCHEME
“Alert the authorities ASAP”
No thanks, as long as you know what’s coming I’ll rest easy.
Hey?
When this gets halted for 10 days and then sent to the Grey Market, how much will you lose?
I’m guessing a lot.
You’d better hope that Steve gets current with the OTC. Once the OTC clock hits zero, ONCI will be halted for 10 days then go to the Grey Market until it’s eventually delisted and every investor here will lose every penny.
I imagine a lot of investors will be looking for the SEC then.
Lol...
THE APPROPRIATE REGULATORY INSTITUTIONS ALREADY KNOW...
THAT IS WHY THERE IS A YIELD SIGN UP ON THE ONCI OTC PAGE!
I hope you and others know that there is only two below YIELD
A STOP sign is next and coming.
After that is a SKULL AND CROSSBONES AND “CAVEAT EMPTOR” WHICH TRANSLATES TO BUYER BEWARE.
I just hope you know these are coming unless your boy Steve gets ONCI current.
Quick question for you?
On a scale of one to 10 how much do you trust audited financials?
On that same scale, how much do you trust financials which Steve REFUSES to have audited?
Lololol@ “current share price is undervalued”
ONCI IS absolutely a FRAUD AND IT IS OVER VALUED AND IT HAS BEEN OVERVALUED AND EVERYONE EXCEPT FOR A HANDFUL OF PEOPLE KNOW THIS AND THAT IS WHY THE STOCK IS FALLING AND NOT RISING!
Sheeeeeeeesh!
We all have opinions about ONCI and every STOCK OUT THERE. The ULTIMATE AND FINAL REFEREE OF ANY DEBATE ABOUT WHAT ONCI IS WORTH IS THE FREAKING PRICE TAG!
The price tag TELLS ANYONE EXACTLY WHAT ONCI IS WORTH.
Right now, The markets...which are basically the equivalent Wisdom of the Crowd are SCREAMING OUT LOUD that this is, and has been A FREAKING FRAUD!
Investors in ONCI are claiming that other traders who were not even around when ONCI WAS OVER A PENNY are somehow responsible for it now being at $0.0014.
The OTC participants and debt holders of ONCI are by definition a crowd and the ONCI SHARE PRICE IS A DIRECTION REFLECTION OF THE PRINCIPLES OF “The Wisdom of the Crowd” or “CROWD WISDOM”
In other words, the share price is the ultimate arbiter for ONCI and every other stock!
ONCI’s current share price is THE ULTIMATE DECIDER of the whole “who’s right, the Bulls or the Bears” debate about whether or not ONCI is overvalued, fairly valued, or undervalued.
The SHARE PRICE IS PROVING THE ONCI BEARS HAVE IT RIGHT!
No.
It’s two years old. Any impact that ancient doc may have had was priced in long ago.
It’s always funny to me how investors can get so hypocritical.
If I dig back two years and show a R/S or a year ago and show that Steve Berman knowingly presented fraudulent information and mislead investors some here will say “we aren’t talking about the past, only going forward. Bashers always look at the past!”
Then those exact same people will go back to a TWO YEAR OLD BLATANT PUMP PIECE AND CLAIM IT IS RELEVANT NOW.
I wonder if ONCI will see $0.0013 today?
I doubt it. It tends to only move down when STEVE-0 tweets some nonsense about Jenkins or about some “going nowhere, with nobody” PL meeting.
It’s still early. He may tweet later about how well his Detroit meeting is going.
There is no HEXA.
How long has Steve Berman been dangling this HEXA carrot in front of people anyway?
I ask because I don’t know.
What I do know is that ONCI will be halted and sent to The Grey Market or suspended for being delinquent with the OTC.
That’s why the OTC has a YIELD sign up on ONCI.
You can yawn all you want.
I asked a question about how long has the HEXA deal been teased?
You do know what comes after YIELD right?
ONCI will get a STOP sign on their OTC page.
As long as you know that we are all good.
I’d hate for you to see a STOP sign and complain that you didn’t know it was coming and blame MM’s when it’s all Steve Bermans fault and your losses are 100% your fault.
Yawwwwwn away pal.
What’s actually humorous is that there are real people pointing out what should be obvious red flags about Steve Berman and then there are people like you who think we are evil Market Makers with nothing better to do than rob your shares by by scaring you out of them.
Do you even know what the O/S is?
It’s above 2.5 BILLION shares.
If I or others here were actually Market Makers and say we each wanted 10,000,000 shares, it would take me, and 249 of my Evil Market Maker scammers to gobble up the O/S before we needed to scare you and others in here who probably don’t own 10,000,000 combined.
I’m
Looking on level 2 right now. There are 7 market makers on the bid with less than 5 million total shares on the bid all the way down to $0.0001.
Seems your “MM’s are trying to scare me and my fellow longs out of our shares” theory doesn’t add up at all and the absurdity of it is what is really humorous.
Yeah bruh...
That’s what I’m doing.
I’m shaking the tree and waiting to pick up the leaves.
That makes no sense by the way.
What value do the leaves have?
Any time I’ve ever picked up leaves they’re go in the compost.
It’s not like you can shake a tree, pick up the leaves, go plant the leaves and then have an orchard. That’s just not how it works.
Would have made more sense if you said I was shaking the tree and picking up the fruit that fell. At least the fruit has value.
Sheesh
What would I expect from someone who’s blaming me for ONCI sitting at $0.0015 and on the verge of dropping much much lower.
Let me be clear. If you Venmo’d me money right now for free I wouldn’t buy ONCI stock with it.
THEY ARE DELINQUENT WITH THE MOST LENIENT REPORTING IN ALL OF STOCK MARKET LAND and they’ll be halted if their status with the OTC isn’t corrected.
First comes a Yield sign on their ONCI page and NEXT IS A STOP SIGN.
If ONCI is headed where I think it is, you got out ahead of ONCI being halted and sent to The Grey market for not meeting OTC minimum filing requirements.
If they do get halted, you’ll be able to take your $3k elsewhere.
I’d suggest finding an OTC company that is current with the SEC and doesn’t have a 15-12G from years ago.
There’s thousands of them out there who file with the SEC.
ONCI can’t even keep current with the OTC minimum standards so they’re as good as halted/suspended as far as I’m concerned.
In my opinion you just may have saved yourself $3000.00 or parts of it depending on how much lower you would have ridden it down before finally pulling the trigger.
In my opinion, you made a wise move.
I don’t currently own ONCI and have no plans to until Steve fixes some very troubling issues.
I have traded ONCI twice for quick flips and am grateful they were both profitable trades.
As low as $0.0015 may seem, it’s not a cheap stock.
If I bought your 2 million shares right now, I’d lose $3k as soon as they were halted so ONCI is the exact opposite of a cheap stock.
Been doing this too long to take a $3000.00 lesson in stock fraud schemes.
Sellers are lined up to crush this below $0.0015 today.
A 2 million share sale just printed @ $0.0015.
When ONCI prints $0.0014 and then shows a $0.0013/$0.0016 on the Bid/Ask this will hit $0.0013 and then it’s “LOOK OUT BEEEEEELOWWWWW” time as ONCI BEGINS TO PRINT NEW 52 week lows below $0.0010.
Seems your 2019 pick is under extreme duress.
The financials may as well be hand written on a napkin.
The financials are phony.
Ever hear of Bernie Madoff?
He spent years getting very complicated financials through the highest levels of scrutiny before going to jail for the rest of his life.
Steve Berman isn’t even TRYING to put that level of sophistication into this scam.
Nope. He’s continued the 15-12G and is not filing with the SEC. He has only submitted UNAUDITED financials to the OTC and NOW IS NOT EVEN DOING THAT and to make matters even worse, the lawyer that used to sign off on his OTC letter is BANNED BY THE SEC FROM SIGNING OFF ON THOSE LETTERS.
Go ahead and invest in ONCI if you can answer these questions with an answer that passes muster:
1.) Why would such a successful, million dollar, profitable Penny Stock not file with the SEC unless they didn’t want the scrutiny that comes with such filings? I mean, I’ve seen less successful companies file with the SEC irrespective of the costs.
2.) Why would the SEC ban an attorney from signing off on company financial statements?
3.) Why does Steve Berman’s ONCI have a Yield sign on the OTC IF ALL IS WELL?
4.) Steve does not issue PR’s, he only tweets. Why? And why doesn’t he address shareholder concerns in those tweets and instead mocks investors ?
5.) Dozens of Tweets about Private Label deals but each deal comes with a “I can’t say their name until legal signs off on ads”. These deal structures have gone on for years with no release of actual signed deals and participants...why ?
6.) it’s apparent that revenue streams are nothing more than Steve’s word. Why hasn’t he done an audit and released the audit to investors?
This whole thing reeks of a scam.
A lady here in San Diego was running the Girl Scout Troop. Tons of red flags over the years about the finances.
She refused audits and independent requests for transparency into the Girl Scout funds.
Finally, she was forced out because an event which should have been fully funded was cancelled with no explanation other than checks were bouncing and hosts weren’t getting paid.
Turns out, after she’d been forced out that when they audited everything she had embezzled over $60k.
She’s awaiting trial.
Steve Berman is doing everything she did. When people avoid audits and make up excuses for years it never ends well for the people who trusted them and gave them money.
I’m with you!
I’m
Shocked that anyone actually owns ONCI stock.
One cursory glance at ONCI told me this is a stock fraud scheme.
Don’t get me wrong; Steve Berman is good at creating trading events and I’ve gotten lucky to get away with quick, positive carry trades but if any trade went south on me I’d sell for a loss in a second and not hold.
ONCI is absolutely on their last breath.
They don’t file with the SEC and now they’re delinquent with the ABSOLUTE LOWEST LEVEL of reporting obligations through the OTC.
ONCI is a frogs hair away from being delisted or sent to The Grey market.
God I hope you’re just joking with that question because if you’re an investor whether new or experienced you should know this:
My “source” is THE SEC itself.
Here:
See for yourself. ONCI has not filed a REQUIRED QUARTERLY FILING SINCE 2014. (Quarterly Periodicals are known as 10Q’s. They are due Three times a year.)
ONCI has not filed an audited Annual report since March 2014. Annual periodicals are due after the end of the 4th quarter otherwise known as the the end of the fiscal year. They are known as 10K’s.
10K’s, unlike 10Q’s MUST BE AUDITED. 10K’s are the only periodical required by the SEC for financial reporting that must be audited. Quarterly reports (10Q’s) are not required to be audited but some companies do choose to file audited financials.
Many new or inexperienced traders often mistake a 10K for a 4th Quarter 10Q but it’s like this
1st Quarter 10Q, 2nd Quarter 10Q, 3rd Quarter 10Q, and then after the 4th Quarter has ended, a company has up to 90 days to file their 10K or annual report which is a compilation of all 4 quarters with year end results.
Companies have 45 days after the quarter has ended to file their 10Q. If the 45 day time frame cannot be met for the 10Q the company may file a NT10Q (Not Timely Quarterly Report) and receive 5 extra CALENDAR (not business) DAYS before becoming delinquent.
Companies have 90 days to file their annual report (10K). If the 90 days expires without a report the company may file a NT10K (Not Timely 10K) and receive 15 additional CALENDAR DAYS. If that extension passes they are delinquent with their filings.
ONCI has not filed any 10Q’s or any 10K’s since 2014.
To point a fact, and if you follow the link I’ve provided, you’ll see only 5 documents exist with ONCI since they went dark with financials in 2014.
1.) An 8k stating that ONCI’s financials for the first 9 months in 2014 should not be relied upon because they issued those without their registered accountants authorization.
2.) An 8k stating that basically all of their senior management (PRESIDENTS, CEO’s CFO’s etc) had resigned.
3.) a beneficial change of ownership.
4.) a formal notice from the SEC that the SEC has revoked their securities registration (due to delinquency)
5.) a notice that Steve Berman was selling stock.
Here’s the “source”
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001300867&owner=exclude&count=40&hidefilings=0
ONCI is in big trouble. They have not filed with the SEC.
ONCI is actively trying to fool people by telling them “of course we file, we just file on an alternative filing system with the OTC)
THE OTC DOES NOT COUNT with the SEC.
If you want to be a publicly traded company and stay a publicly traded company YOU MUST FILE THE MINIMALLY REQUIRED PERIODICALS WITH THE SEC.
ONCI is not and has not been doing that. The SEC has already revoked their registration. Now the OTC has a yield sign up.
The clock is running out before the SEC outright halts ONCI.
If Steve doesn’t immediately rectify this, shareholders will wake up and before the market opens or when the market opens they’ll see “INVALID SYMBOL” when they look for ONCI and then they should go here to confirm that ONCI has been halted and their worst nightmare for ONCI has actually happened:
https://otce.finra.org/otce/tradingHalts
Hope this helps
You’re absolutely right?
A whole lot of people are going to be caught with their pants down.
They’re going to wake up and see that ONCI has been halted.
It’ll suffer 10 days of halt then go to The Grey Market until it’s suspended or the SEC will flat out revoke their registration and suspend them.
Investors will be caught with their pants down.
Quit playing around suggesting this is a buy and an opportunity.
ONCI is severely delinquent with the SEC and while you may play games, the SEC doesn’t. It may take them awhile to get to each and every fraud but sooner or later they do and ONCI is on their hit list because they haven’t filed in 4 years with the SEC.
Filing BS letters or BS financials with the OTC doesn’t cut the mustard.
Quit telling people to buy an obvious scam
THIS IS HILARIOUS!
Tons of excuses and none of them hit the mark with why is ONCI at $0.0016.
ONCI is at $0.0016 because it’ll be suspended soon.
Plain and simple.
ONCI is not a “high risk/high gain” play.
ONCI is “all risk/high loss”.
YOU CANNOT BE A PUBLICLY TRADED COMPANY AND NOT FILE REQUIRED PERIODICAL FINANCIAL STATEMENTS WITH THE SEC!
PERIOD!
Not only is Steve Berman TERRIBLY DELINQUENT with the SEC and THEIR MINIMUM REPORTING STANDARDS but now ONCI IS DELINQUENT WITH THE LOWEST POSSIBLE STANDARD of reporting an annual with THE FREAKING OTC!
This stock is a frog hair away from being halted/suspended/revoked by the SEC.
Steven Berman has done nothing but release USELESS and MEANINGLESS TWEETS.
Folks, he’s selling his shares in ONCI.
That alone should tell you something.
On top of him selling, he’s not filing required periodicals and there’s ZERO proof of his PL (Private Label) deals.
ONCI is a stock fraud scheme of the highest and most blatant order and investors are going to get severely burned for not heeding the warning signs.
When the OTC...THE FREAKING OTC, THE WILD WILD WEST of Publicly Traded Companies tells you “WATCH OUT! AVOID! YIELD (when they say yield, they mean YIELD TO HIGHER KNOWLEDGE) then you know, you gotta know that this particular stock that they are warning investors about is GARBAGE.