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Hey Teff...U R right for sure about what we are in it for...No question in my mind you are skilled at what u do...I am not a penny trader...Dont really believe in them...
As mentioned in many of my posts...I only invested in On4 as a way to hedge my Netcent investment...Purchasing shares at a much lower value than what I paid for Netcents shares 7yrs ago made perfect sense...Much like how u penny traders see oportunity in falling share value...I saw opportunity in buying into On4...I understand the philosophy...Dont practise it much except for in this instance...But I do understand it...That said...In this particular situation...Where everything is "riding"on the relationship between On4 and Netcents and lets be honest...What else is driving On4?..Not much...Maybe u can shed some light...
Sarcasm aside..What do u honestly think will happen to On4's if the initial LOI falls thru and Netcents chooses to move forward in another direction??...I'd really like to hear your take...B/C I do have a little info being fed to me from the Netcent side...If it is true then yes I am concerned about my On4 holdings...
Who told you that???...Are u a Netcent shareholder??
Merger...Yeh...Btwn On4 and Netcents...Id be highly skeptical of that...The LOI btwn the two has come and gone...As a Netcents shareholder I could have told you that KG was responsible for the development of Netcents new website...It has been in the works for almost a year... There were a number of hurdles the banking institutions required before moving ahead with "2way" money transactions...Once these criteria have been met...And proven to be reliable... Netcents will finally be able to move ahead...It will be at this point when the direction the company is headed will be made public...Be careful On4 is not looking like the frontrunner to take Netcents to the next level...It has nothing to offer the Netcents shareholder...There are far better offers on the table...
If u have done ur homework u know that the supposed merger between On4 and Net-cents was strictly an LOI...That there are new options on the table for Netcents....Better options...
Options that will bring about a more positive result for the Netcents shareholders...One big question...What is going to happen to On4 if and when the news breaks that Netcents is going in a different direction??...A direction that does not include On4??..
Who's lying...Just look at the #'s...Better yet look at the PR...Oops there is none??...There was an agreement...It is public knowledge...It was agreed upon IN PRINCIPLE...An LOI...Never finalized...Just a quick FYI the CEO of Netcents was appointed as a director of On4...Your question of how many shares does Netcents have is vague. ..Do you mean how many outstanding shares have been issued by Netcents or does Netcents hold any On4 stock??..If ur question is in regards to the latter it is irrelevant...The CEO is a Director!!...How do u know what has been negotiated behind closed doors...As mentioned in my last posting...According to the Netcents shareholders update in May...Netcents is currently entertaining 3 proposals in determining the best corporate structure moving forward...???...Ah let me see...Sound definitive 2U...I DONT THINK SO!!...Of course someone will love to tell me I dont have a clue or like you...I'm making it all up...Everytime I tell someone give me your email ill send the email I recieved from Netcents they all clam up or start throwing personal quips??...The chatters stops pretty quick when the stock starts tanking though...Strange how that works? ?
Our last shareholders update was at the beginning of May...In a nutshell it stated thst the company is still working on the final stages of quality assurance regarding security and bank compliance...More importantly it stated that they are enteraining 3 propals to determine the best corporate structure in moving forward...Take what u want from this...That's all I can tell u.
P.S...Right it off...I have...That said...Im stiil holding... But not my bresth...Selling something that was bought for relatively nothiing really doesn't equate to a loss...So hold on maybe it will all work out...U cant help but win BIG if it does...Just ask the "Shakespeers" of the world... They'll tell u I have know idea what I'm talking about...Maybe their right??...Anything against the grain be prepared to put the boxing gloves on...
Unlike all the hype being played by the On4 penny players...I can tell u that the merger was not a lie but the dynamics of the relationship have definitely changed...And most likely not for the benefit of On4 shareholders...I have been posting this info much to the "chigrin" of everyone who posts on this blog site...Who are NOT Netcent shareholders but for whatever reason think they have more knowledge of this relationship...Truth is Netcents directors will not put the interest of On4 shareholders above their own shareholders who by the way payed a HELL OF ALOT MORE FOR THEIR shares then any On4 shareholder...For this reason you will NOT see a PR blitz untul the share exchange aggreement is changed..ie..reverse takeover...Reality is Netcents is a GREAT product and someone will be willing to pay for this intellectual property..
So there are now options on the table for Netcents...Better options then what On4 has to offer for what is essentially a DEAD shell...
Hey BIG"K"...If it looks like a duck...Sounds like a duck and flys like duck...It is a duck...A DEAD DUCK!...As I've been saying...The only thing holding On4 afloat is the Netcent's connection... Look at the history...U can even include the charts...In the past year On4 only had a "pulse" when some form of PR related to Netcents was made public...Thats not happening now...Once again...The only reason Netcents is connected to On4 is for the "shell" thats it!!..IN NO WAY does Netcents want to carry the millions of outstanding shareholders who bought into On4 just to make a killing on the stock valuation...The slat is going to be wiped clean... Netcents will move forward with no baggage and the only ones to walk away with anything will be the owners of the shell!!
Finally a reasonably sane response...Thx!...Better to here a reasonable valuation...I agree in your prediction better than the "this is going to the moon" theory which seems to be the norm...
U used the term that On4 is "real"...My question 2u is...What does "real" mean to u??...2 me real means "tangible"...Something a person can touch...Feel...See...ie...Real product...Real profit.. Real people running a real operation...Not an HO with an answering machine living out of a building with an address but no people...Obviously u know im not a penny player just by my verbage...So 4 me I need more than a .015...So this sales pitch that On4 is using...Is just an attempt to keep a slight "pulse" and make some "G's"...But long term...I dont know??
The game is still on and guess who is gettin played???....U me and everyone else!!...Mark my words we've all been suckered in!!
Your right...I have been "crying wolf"... But unlike your predicts my "wolf cry's" ...Are backed up by results and #'s...The volumes are dropping...The value is dropping... Oh and yes where is the PR...Tell me how my opinion is"crying wolf" when it is my ptedictions which at this time seem to show signs of validity vs your non-existent prediction??
Ah Jimmy nice hearing from u again!!...My advice...Keep chewing on the "fungus" obviously it has worked well 4U!!...Good luck with that "brother"!!...
Because im now pissed...Im a shareholder of both on4 and netcents...I got involved with on4 b/c of this "supposed" relationship..As mentioned before I was hedging my netcent nvestment with the a cheaper alternate that according to the info and PR showed promise...Since this time new info based upon financial stability accompanied by sudden lack of info speaks volumes...Simply put im not a believer anymore...The numbers CLEARLY reflect what I have now been saying...Its simple...Nothing personal...it just doesn't add up...Just because im on a blog site doesn't mean I have to agree...Should not an opposing opinion have some value?...Or does everyone have to agree...Thats freakin nuts!!!
Have u heard the story about "boy cried wolf" ..What will make all u people start saying "oops"..
I think I've made a mistake??...Or is that even possible...Something tells me even if the "entity" completely tanks u will still try and bestow the virtues of this dead dog...As I've been saying over and over no PR=Nothing to PR...No story here!!!
You are correct on the spec vs charts theory...All the power to ur charts...Truly hope ur right and im not...But for the time being I'll believe my Netcent shareholder updates and my communication with those in Netcents HO...I think that alone gives me a leg up..Time will tell?
Lets talk another fact...Which u are quick to chastise yet conveniently seem to ignore...Y HASNT THE PR COME THRU??...Seriously...GIVE ME ONE SOLID REASON..Ive stuck my neck out...Stick out yours!!..Sure it is speculation but it is common sense..IT DOES NOT TAKE...NOR SHOULD IT EVER TAKE this amount of time for info to "come down the pipe"... That is unless something is holding it up...And seeing as the only "thing" On4 has "on it's plate" at the moment is the supposed relationship with Netcents...It goes without saying that there is a "stall" in this relationship...Hence no one is willing to come forward with anything... That makes sense...If no...Tell me otherwise...Now as a Netcents shareholder.. Which I am sure u are not...I can tell u y the statements I have been saying do make sense... Netcents shares are worth a HELL of a lot more than On4...Common sense speculation says why would Netcents move ahead with the 2 for1 transfer grossly de-valuing the stock just to purchase a "shell"...What makes more sense is a reverse takeover where On4 shareholders will receive a grossly diminshed % of Netcent shares...Netcents will then be able to enter at fair market value...Unfortunately for On4 shareholders and this includes me..The On4 "killing" probably will not happen...The plan was to hedge my Netcents "gold mine" at a fraction of the cost...
THAT SIR IS WHY I FEEL ON4 IS HEADED IN THE DIRECTION I PREDICT...Im sure for all u penny purchasers the stock will continue to "play" and those who purchase now will make cash but for how long???
U say im incorrect...How so??...What info do u have to back up this claim...My facts come straight from March 2013 published financial statements...Fact is they do not have a viable product...The online music component could not compete with itunes...The pet gimmick is nonexistent...They have done nothing but sell off all the components that got them onto the pink sheets in the first place...Plus...They are continuing to run their business with negative cash flow...What is incorrect about any of this information??...Tell me how any of this is incorrect...If u can they I will stand corrected...No problem...Im not trying to get u to sell anything...I own shares too...Doesnt mean I have to fall in love with the stock...You know as well as I that penny stock gambling is like juggling with a blindfold...
Let's try this again...There is no PR pitch yet b/c there is no pitch to be "had"...It DOES NOT take months for professional PR specialists to put together a PR pitch...It is obvious that there are two things at play here...First...There is nothing worth while to push thru in a PR...Two... There are minimal funds to support such efforts...The first statement is based on common sense...The second is based upon factual info...The 1/4 report this past March revealed outside assistance...Be it financial or otherwise...Was facilitated via stock issuance in lieu of cash payment...Business Operations are being ran with a negative cash flow...This is fact!!...
Just the beginning of the end my friend...Mark my words...The only way things are going to change is when Netcents can wipe the slate clean of ALL old baggage...Carrying too many outstanding worthless shares will serve no purpose or good for the future of Netcents...They will have no choice but to shake the image that On4 has created...Thats PR!!...The last thing Netcents can afford is to be seen as another penny stock venture...The value and future of Netcents is definitely not on the OTCB...The nature of their busuness simply can't afford the public perception of a risky venture...The faster they can shake the past the better!!
Maybe so??....HOPE SO!!!...But Im a skeptic by nature...If u haven't already figured that out...
But history has shown that On4 business practises are sketchy at best...Past ventures have all been failures...Transparency is non-existent..."Travelling Road Show" selling snake oils...No matter how u cut it a company needs a viable product to go to Pluto...Netcents could be that ticket??...But as I've said before I dont think that deal is going to materialize...What happens to On4 when Netcents comes clean and tells the world that something bigger and better is going to happen...And that bigger and better has nothing to do with On4????...Sorry to b that voice of reason on a blog site where all that people do is make each other feel good talking about the inevitable as it is a prophecy...It's almost weird?...Like one of those freaky over-the-top cults... God forbid that person who dare speak an opposing opinion!!
Ive said it before...U have to have something to promote something...Hence no PR... Ur right about the penny stock thing...Remember alot of these stock go "T's-U" when the storylines stop coming and the buying public realize they've been scamed again and the only ones to make money were the "manipulators"...
Oh but u r incorrect sir...On March 25, 2013 they released there quarterly report...Which stated they had been borrowing upwards of $80k -100k from Asher Inc. in exchange for common shares...It continues on under the heading "Going Concern"...Financial Statements for 3mnths ending Jan.31, 2013 "which identify issues that raise SUBSTANTIAL doubt about our ability to continue as a going concern"...So yes news has been released...But lets all ignore this...Things are going great...Everything is just about to takeoff...On4 is poised everybody get on the money train!!!...
Go ONCI$$$...Oh such great stuff happening!!...Value is unbelievable!!!...Going to buy buy buy!!!...Cant wait!!...Things are really brewing now!!!...PR is coming for sure I know it!!!...I know I've been predicting this for months but really it is so true!!...They alwsys do this just before it takes off!!...My charts and BF told me so!!!...Cant wait for this week it is going to be so awesome!!!...Have a great Victoria Day all!!...Can't wait to talk to everyone again so I can feel so good about myself!!...
Yer right about seeing soon...As far as selling a couple mill shares of a stock that is virtually worthless makes no sense at all...Got no where to go but up...If it "goes south" whats a couple of g's...May as well hold on till tinkerbell waves her magic wand...One thing u wont find myself doing is professing these incredible story lines...As I've said before I need more than a penny or two to make me happy and the only way it is going to happen is if Netcents comes thru for On4...Based upon my info...And it is what I consider as close to Netcents and reliabilty as possible... I just do not see that happening...We'll see....If I'm wrong...I'm sure I'll here about it...
Thats awesome!!!...Obviously u and I are involved with On4 for completely different reasons...And as long as the Netcents hype keeps up u should make some serious cash...Me on the other hand not so sure...And if On4 goes the way their finances indicate and Netcents doesn't go thru then were all SOL!!...
No problem...Send me a private reply with ur email and I will reply with my email and the attachemwnt with the shareholders update
Read my blogs!!...As a Netcents shareholder....Having been there almost 7YEARS...Much longer than the most On4 speculaters...Believe me when I tell u IT IS NOT A 100% DONE DEAL..I ASK ARE U A NETCENTS SHAREHOLDER??...DID U RECIEVE NETCENTS STOCKHOLDER UPDATE TWO WEEKS AGO???...If u did then u wouldnt be proclaiming misleading information and u would know what I am referring to...I like u am an On4 shareholder and want to remain optimistic...But at this stage have to be realistic...It's not looking too good....
Who is developing Chinese realations??...Netcents or On4???...If it is On4 which i highly doubt? What product(s) do they have to offer the Chinese??..Where do u get ur info from??...Where can I check the validity of this statement??
Real gold like Bre-X gold here...Someone is trying to squeeze everything out of On4 before everything collapses...On everyone else's dime before "accidently" falling out of a helicopter???
"Something is rotten in the state of Denmark"...Sorry "Chart Toppers"...Like the rest of u I bought into the hype last year and unfortunately my shares are going to b worthless...
Lets face facts....Sheer common sense prevails over speculation...Until this happens Netcents will not complete the agreement...Ive been predicting this for some time...There are some 200million outstanding shares of On4 out there...Why in heavens name would Netcents de-value there stockholders shares just to appease the masses who in comparison paid no where near fair market value as us original Netcents shareholders...Truth may be...And all admit this is a "forward looking" statement...Is that you will only see Netcents finalize the agreement until the stock hits .000...Thenthey can rid themselves of all past commitments...Reality is it does not take 8months - 1year to finalize a shareholders agreement!!...B4 u blast me for being -gative ask urself why has it taken so long for the takeover to complete??...The answer is right in front of us!...
My apologies StockRaker...I recieved ur private messsge but did not understand the "code" language u spoke in...What does #2...mw...and TY mean??
Where did u hear that???...Not on Netcents thats 4 sure....As ive been telling everyone...Seeing as I am a Netcents shareholder and having just recieved the shareholders update...IT IS NOT A DONE DEAL....Netcents is currently looking at 3 options...What takes place in the future is based upon what is best for netcents and its shareholders and On4 may not be the best option..
Can someone tell me how or why everyone is so bullish...Aside from the charts...numbers and etc...Has anyone looked at their own documented financials...They are HURTING BIG TIME!!...They have no revenue to keep the biz going....#'s and charts aside...Common sense says...No cash=no life...Everything else is smoke and mirrors...Definitely not enough for any long term sustainable growth...And this PR stuff...What can they promo...They have NO PRODUCT TO PROMO...Past preformance dictates this...And as mentioned previously Netcents is NOT on board yet...If Netcents was there then sure could understand the PR angle..
But if not there???...Can someone offer me some REAL SOLID...Maybe u know something I dont??...Again please no "graph / timing" hocus-pocus...Just ACTUAL proof illustrating that this company has turned the page on fiscal accountability...Thx!!
For Sure...Want it 2 run too...I still have ways 2 go before I even break even...So run baby run...But Im very wary...As I mentioned yesterday our shareholder release 2 dsys ago from netcents...There was absolutely zero discussion regarding the merger...lots about othet stuff...nothing about On4??
I am in agreeance with u...I have been saying this for past couple of days...These are the facts...In January ONCI statd in their own 1/4ly report...IF WE DO NOT RECIEVE SOME FORM OF FINANCIAL ASSISTANCE WE WILL CEASE OPERATIONS...What made On4 this great profitable company since then...Answer=NADA...ZIPPO...ZILCH...The only thing that has created this "hype" is the potential merger with Netcents...Lets all be realistic Netcents holds the trump card here not On4...Net cents has the intellectual property On4 holds nothing...Just debt...Netcents made the aggreement to utilize the On4 shell THATS IT...Since this potential aggreement was made there are now a # of offers on the table for Netcents that are far more beneficial to the Netcents shareholder...On4 will have to increase there share value by some 2.5 THOUSAND times to even reach the ISO value that Netcents shareholders forked over 7yrs ago...Think about it how is Netcents going to justify a fair offer to its holders if a bunch of day traders are going to make off like bandits when they've had their own shareholders waiting for years to see a return...I have been criticized on this board for being "negative"...More or less "how dare u spoil our fun"...Im just being factual and I am now upset like everyone else I got suckered into the On4 PR hype that probably wont materialize...If it does great!!...Maybe I'll make my initail investment b/c I unfortunately invested in On4 way back when the story broke...Go ONCI!!...I want my cash back that's all..For all u On4 lovers out there my apologies I dont agree with your hyperboly...Reality check please!!
Counter intuitive??...I have already admitted b/c of the hype the stock will hit .02-.03...not long ago it was trading at .06..when it does im out....So yes if ur buying at.002 you r going to make great cash...My point is b carefull if this merger does not go thru the long term endurance wont b there..
Ur kidding I hope...This is the kinda reply u deliver when a person wants to prove his authenticity amongst a bunch of "na-sayers"...make the cash...all the power 2u and all of us!!..But personal attacks??...come on
Look brother...im not in the business of lieing 2u or anyone else...i2 have a stake in onci b/c of this "potential" merger and iv had it 4 quite sometime...I know the CEO Clayton Moore and yes it is a great company with HUGE upside but at this point NO ONE at netcents is ready to endorse this deal as done...If u still dont believe me give your email...ill give u my cell#...
How do I know im a netcents shareholder...Probably should be carefull here...All I can tell is what has been communicated to the shareholders...Netcents update/news letter was released YESTERDAY...It has not been completed!!...if u want to know more lets talk "off the board"...im sure with all the speculation onci is still going to rally and probably hit over a penny peobably even back to a reasonable .02-.03...If it does im selling my position in onci...dont hold ur breath for a news release stating the relationship is a done deal...it will make u blu...