is...playing golf most afternoons, except summer in Florida!! Then I'm in the gym most days!
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Small flippers doing their thing. This chart is screaming 4 bagger from here at a minimum. With a little bit of news the sky is the limit. Hoping for the sky!!! I've gotta say, as a bottom dweller looking for a pop, this stock is one in a hundred.
Sold at an 80% loss. Still lots of good plays in the OTC, no longer listening to SR, who talks out of both sides of his mouth. I engage him continuously on twitter and the best that he can come up with is that he is sad about the pps drop. As a day-trader and an OTC trader the last thing I want at any time is a stock that has the potential for an R/S. This blind-sided me becau7se we were always told April would have great PR's and the NDA's would be done....only to be hit with an R/S. Now, no more bots, and a new product. Sinister stuff going on here. I'm out. Good luck to the patient longs.
ONCI down a tick, oh no the sky is falling. Oh wait, no its actually not. The sun is shining here, and SB is out making sales calls. He really should make better use of his time!!!
What a bad bad boy heading to the sunshine state on sales calls!!!
Great looking chart due for a run north. Been watching for that little bounce. Fundamentals are exceptional for this share price. Happy to take a starter here!!!
I took a starter here a few months ago, I'll start to post a bit more, but this ticker is extremely undervalued. Based on the patents and the assets (please I know there is a lack of understanding with both, so don't try and tell me how stupid I am), I will add on dips. Expecting a merger here and dollar land.
I bought a few months ago, and see steady accumulation and zero dilution presently, indicating a nice run is imminent.
1 in 100,000!!! Agreed, the real deal!!!
If I felt it was a sure thing short term I would be buying all I could. I don't see this turning around anytime soon. Contrary to what GP sold SR buyers will not come running just because the pps is a little higher. That is simply laughable.
I agree. To come back from a R/S requires a nice steady revenue stream. The PR today shows potential, but the pps doesn't care about potential after a R/S announcement. A SCOT deployment here and a few there (this weeks PR's) will add a few thousand in monthly revenue. We need about 100 deployments per month @ $1,250 per month at a 4 year contract duration (the current terms of deployment the way I understand it) to even come close to breaking even. I'm hoping to break even by the end of 2020.
I guess I'm not understanding a few of the posters here. I have posted that SB needs to pick up his game, and I think he has. Sentiment changed when the audit debacle occurred. He is now on the right track with his tweets and less PR's with monthly revenues that were unsustainable and quite frankly an unknown. His current sales PR's do not include monthly re-orders and that's why some are wondering why revenues are so low compared to previous PR's. Revenues are increasing at a very good rate, and dealerships have confirmed they are selling product. PPS is undervalued here by many multiples.
The initial PR's included monthly revenue which meant the dealerships would be ordering the same quantity they were initially sent every month for 12 months. That hasn't happened. It does seem that monthly re-orders are picking up though. The name/brand is starting to get noticed, and monthly re-orders will pick up IMO.
Stronger hands that aren't day traders are getting in each day it looks like as the price is inching forward. 2 steps fwd 1 step back is good. It's mind boggling to see other OTC stocks with very little or no revenue trading at much higher price.
A good update IMO. Anyone who doesn't see that this is poised for tremendous growth is choosing to see what they want to see and read. Yes, it was unprofessional IMO the way he handled the audit, and I don't believe there are anywhere near the monthly re-orders that were PR'd months ago (he has now stopped with this monthly revenue projections in most of his announcements). We will all get a feel for the monthly re-orders as they happen and are reported in the fins. That's good enough for me. I do feel like he is learning and revenues are increasing at a strong rate. The potential here is real. Big deals are in the making and take time. The shares I have left (I did sell some after the audit debacle...and I also added most back after the dip into the low .002's) are in for the long haul at this point.
My better judgement tells me to sell and take the hit and move on and take a long hot shower to wash off all the scum that Reinharz and GP covered me with as a loyal shareholder. What is so amazing to me is that these two actually think that they will appeal to a different, more sophisticated investor once they hit dollar land after the R/S. We can't make this crap up.
Seems like after they put out a R/S notice they would at least try and put out a barrage of pr's outlining best day in RAD history, followed by another best day in RAD history that would involve a nice amount of revenue. All SR and GP could come up with is awards, preceded by a couple of guard towers. All but written this garbage off. Not selling though until maybe tax season.
Yes, ONCI is a buy technically as it holds above the 20 and 50 SMA's. And the fact that known short sellers are upping there anti is a plus. Accumulation now, and it wont take much to push this name to fill the gap.
After studying the 10k it seems like a buy the dip stock. I do see convertible debt as an issue only if they don't increase revenues (rather obvious). I'm waiting for the post 10k news!!! I've been watching for an entry point for awhile, and will start doing my dd on the management team. Looks promising.
I just received a PM that reminded me why I'm an investor/trader in the penny's. Lots of emotion going on, because lots of volatility. I'm long ONCI, because of the product and its potential in a marketplace that has overwhelming demand. Sometimes you have to wait things out for a very long time for things to take shape in penny's. I have scanners that look for good penny stocks daily, and the normal duration between buy and sell is a few days to a few weeks. I'm in this name for the long haul despite the CEO, who I believe is inept in several areas. I'm still here and long. All the best to everyone.
Looks to me that price is now at the starting line awaiting the starters pistol to set this down the track at world record pace. All we need is a catalyst. According to those in the know that time is upon us, and has been for a week or so. Price is holding just above the 20 and 50 SMA's and technical traders are watching closely for a volume increase, coupled with a nice PR we could be off to filling the gap. I'm hopeful as I see accumulation and zero BMIC/dilution.
Filings one step closer to some solid upward momentum. SR has repeatedly said April would be big, and filings/becoming current was first part. Now hoping for an 8k(s) with big contract(s). Revenue is king, and it needs to happen soon for SR to have credibility imo.
CEO integrity and a product that sells in a hot market is integral in OTC investing. IMO CEO is on his way up after the audit debacle, and the distracted driving market is hot, but the product is not flying off the shelves as pr'd. So we need a big hit, and/or monthly re-orders. I'm not seeing the re-orders in the FINS, or any movement from Amazon, so how about a pr with a big hit!!! Those who seem to be in the "in" crowd seem to think something big is brewing...of course this is an ongoing theme.
Super thin past .0031's though. If the ask was slapped hard for awhile the wall (fake or not) would disappear and ONCI would run hard. If big news drops (thats a big if with this CEO) we fill the gap. Many people who seem to be in the know seem excited. Could get interesting here shortly.
Correct, that was my point. I was responding to someone who posted the sales were on consignment.
I'm not following you on this. I've taken plenty of accounting courses and ran a business and I don't see anywhere that these sales are on consignment. What I see is a product that is not moving as much as shareholders would like. I see AR's as collectible, but not being collected as one would expect in normal business activities. SB posts numbers in his PR's that are based on monthly orders. These are not happening at his PR'd levels, but I think they are starting to build. Nowhere do I see that SB is placing product in customers hand and saying pay me when you can. It's a receivable. It's an asset. A business can borrow on receivables. I'm long, and cautiously optimistic.
I'm not convinced the last two end of day t-trades were buyers. The TA is gagged, so I'm not convinced, especially with the price action.
I'm with you, a bag holder, but maybe, just maybe SB will learn from his mistakes. Not holding my breath, because at every turn there is a fake out...but still holding a glimmer of hope.
It's like when I was a kid my parents told me that once I lied it made the next one easier and the next easier and...ad nauseum. Many of us are weary of the lies and deception. Pretty much everything he say's will happen, doesn't happen. As AppolyonZ has posted.
Seriously, well then why does OTCMarkets think it does matter. I'm sure Steve will tweet that he will meet with attorneys once he is back in NY and then follow up with us with all the details. This stuff matters IMO. One more arrow in the quiver of deception. Didn't he say he would get that attorney letter sent out to avoid this yield sign. It's my money to lose, and I've pretty much written it off, but that's okay will still be on the golf course at noon today. Gotta love the Sunshine State!!!
Okay, so even if the CEO says this or that will happen, we as shareholders are not entitled to anything he say's will happen? And why is that precisely, it seems disrespectful at the least.
Pattern is there, no doubt, but there is a product, and there is confirmed product delivery. Now for the most important part, will there be sales of the delivered product? I'm a skeptic, but holding out a small sliver of hope.
I hope you're right!! As I said, its going to get interesting. All the best.
My point has always been that if he is pr'ing sales and expected revenue then we can hold him to those numbers. Fact is, we can't, because his pr's include recurring revenue on a monthly basis. So what we have is expected revenues somewhere between 1/12th of the pr, and 12/12ths (or revenues equal the pr'd amount). Based on the last unaudited fins, I'm skeptical for a number of reasons. These include diluting shares to pay operating expenses, and the amount collected vs amount reported in pr's. It's going to get interesting for sure, and I'm here for the ride. I am long, and under water, and not selling. I'm cautiously optimistic, but probably 25/75 that SB will come through. All in my very humble opinion.
I think there is a lot of us in that fence area...Here is what I do know, that the product line from Cogosense is top notch and patent protected. We have verified conversations from shareholders who have talked to leadership there (Cogosense) that ONCI has bought the company. As long as SB follows through with what is in writing. At this point if he is still adding shares to pay operating expenses its doubtful he is making payments as agreed to Cogosense. The jury is still out on that. He needs to get the fins audited asap and according to Mary's conversation with him that is his top priority, which it should be. There are a lot of obstacles though to getting that done, so we are in a holding pattern...circling...waiting...patiently for SB to come through.
Yep, nailed it.
In this case it will verify his twitter rants that revenue rules. If indeed the revenues are there and increasing, then audited fins will verify this. Until then we have to accept his numbers.
Don't think any dealership is going to tell a shareholder that the product is moving off the shelves at an acceptable level. Sure, they will tell you that the product is in stock. Unfortunately the only thing that will verify if the product is moving is re-orders month after month. And the only way to see this is through audited fins. And that will take some time due to legal issues with previous management. So this just became a long hold for me. GLTA
I too am a skeptic of SB after the audit debacle, but I do respect Mary. Its obvious that she is the one who is articulate and an effective communicator. I have 2 or 3 concerns about her post. First is that his comments about dilution indicated he is paying everyday operating expenses such as commissions etc by adding shares. That says a lot to me about how much revenue (or lack of) rules. And secondly we won't be seeing the name change or audit anytime soon because of the legal issues with prior leadership. I realize it is a priority, but when attorneys are involved adding time is a given. So this being the case the revenues posted in the q's cannot be verified and we won't know if the product is moving off of the shelves. I'm cautiously optimistic from these levels and of course this is my humble opinion. GLTA.
If you're talking to me, I actually do understand how business works because I've owned and been a partner in many businesses during my professional career. I have an advanced business degree and know what I'm doing. I understand fins, and I'm not satisfied with SB and the fins that were reported. It is evident to me the product is not selling, and until audited numbers present a different story then SB's perfect storm is laughable. I'm sorry. really sorry that is the fact's but it is what it is. The pps doesn't lie.
I think most people understand how revenue works. I'm long here but what I don't like is the fact that most of the pr's are for monthly orders. What happens if the product is not selling. And please don't tell me to believe SB because he comes from Time Warner. What I would really like to see is audited fins so we can tell how many dealerships and other customers are re-ordering the product month after month. What we need is re-domicile, and audited fins. SB stating we are in the perfect storm means nothing, and for him to tell me to sell is laughable because I can't if I want to avoid a big loss. PPS is indicative of zero confidence within the investment community. I'm okay with losing money, so lets see. Maybe SB can turn this around. Based on his track record I doubt it.
PPS says SB's credibility is close to zero. Big money will not come in until re-domicile, and audit complete. PPS has not been indicative of a perfect storm as we longs have been repeatedly told. Pr'd revenues are contingent on the product moving out the door so monthly re-orders will occur. We won't know if that is happening until audit. There seems to be a theme.