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FALSE....ONCI..has filed to sell $1.million in shares which will require a REVERSE SPLIT in order to sell enough shares.
It is projected at current prices that there will be at least 5 billion shares diluted in the next months.
$175 for the hardware....THEN $5 per month...for.a.product...NOBODY..wants
ONCI DILUTED like CRAZY...to WASTE money..on...CogoSense..worthless products
Simple Question...What dealership can you buy BSmobile at????..Answer....NONE...after two years on the market...LMAO
ONCI sells a $175 APP...that NOBODY WANTS.
Fact is simple...NOBODY..wants..an APP..blocking phone.use..PHONE..HOLDERS SELLING WELL
OHH..and what about your CEO..selling..$1.million.in.shares..HE..KNOWS Bankruptcy is looming.
DOWN 95% and singing ONCI’s praises....SORRY..but..REVERSE SPLIT..happening..soon
CEO POSTING FAKED Revenue Results...PROVEN..Easily..by..A/R numbers
Worst Stock on the entire OTC......CROOKED...CEO..RUINED IT
SURE...AFTER 100 for 1 REVERSE SPLIT....ONCI..is..BANKRUPT SOON
ONCI Filed in March..to..sell $1.million in shares..That is.2.5..Billion.shares at current pricing WHICH..will Require a REVERSE SPLIT to go through.
CROOKED CEO....Sold $1 million in Shares
CEO list of LIES...PUMP and DUMP....ONCI..is..a PROVEN SCAM...Reverse Split..SOON
IMPORTANT LIST...of..CEO's PUMP attempts..WORST..CEO..on..the..OTC
1.BMW (“NDA’s” expired a year ago?!)
2.GENERAL MOTORS (same as above)
3.Kia Motors
4.San Antonio Mayors office
5.Uber
6.Toyota
7.Ford Motors
8.Uber NYC (proclaimed as another separate “meeting” to Uber)
9.QVS
10.Michigan Government
11.Mobile dental LMAO 2016 tweets lies on record- tweeted he has contracts!! 2 years later ZILCH!!
12.Medical Marijuana Las Vegas (you mean vacation in Vegas)
13.Costco (another fake tweet-check)
14.Dubai Taxis (how bout those screenshots lolzzzz)
15.Kareem (incorrectly spelt in 2 separate tweets?!)
16 Dubai major meeting 1 (another FULL WEEK OF FAKE TWEETS)
17. Dubai major meeting 2
18. Dubai major meeting 2
19. Dubai major meeting 4
20. Dubai major meeting 5
21. Dubai major meeting 6
22. Dubai major meeting 7
23. Dubai major meeting 8
24. Dubai major meeting 9
25. Dubai major meeting 10
26. Dubai major meeting 11
27. Dubai Newspapers (anyone
28. Japan insurance company meetings
29. Medical marijuana Vancouver
30. Private label x 1 lmao
31. Carmax or is it C Max (still unverified)
32. Auto Nation, I mean AN (yes also still unverified sadly) Unless you count a single docket??!
33. RTA
34. Dubai Police
35. Share reduction share reduction share reduction share reduction (2.5 years of fake tweets)
36. AUDIT AUDIT AUDIT AUDIT AUDIT (same as above)
On4 Communications
@on4company
·
DECEMBER 20 2017
annual audit will be released when it is due 1/31/18. quarterly needed 2 more weeks because of CO move ?$ONCI?.
37. Name change Name change Name change
38. Re Domicile Re Dom Re Dom Re Dom
39. RTA
40. DUBAI POLICE
41. Move to Colorado
42. Enterprise Rent a car
43. San Antonio pilot contract
44. Ford Fleet
45. FIAT CHRYSLER
46. 8 (EIGHT) MJ COMPANIES IN CANADA LMAO
47. SEED COMPANY LMAO
48. Abu Dhabi Taxi
49. Al Fatim Motors
50 FLY communications fake Ad campaign (just like the “ad campaigns” he did over at TXTM) SMH...
51. Ireland “distribution deal” over a year ago Cataclean (Rinsen repeat same as last “distribution deals” http://finance.yahoo.com/news/protext-mobility-ceo-steve-berman-141500834.html )
52. England “distribution” deal that never happened
53. “Turkey insurance fake deal” just in time for thanksgiving 2076
54. Brochure screenshot pic taken on reception desk at Toyota with nobody there!? Never updated again..Nearly forgot that beauty lol
55. Private label # 2 SNAGS (Sam Nonsense Again Gotcha Shareholders)
56. Med Marijuana conference call # 1
57. Med Marijuana conference call # 2
58. Med Marijuana conference call # 3
59. Med Marijuana conference call # 4
60. Med Conference call # 5 (just went back and looked at twitter and can’t believe I forgot to add these) (what a hype week that was hey?! Craft growers, land sights etc etc. As Steve thought they were all worth separate tweets everyday of that week, they needed to be added to the list individually
61. FAKE UNKNOWN PRIVATE LABEL #2
62. INFAMOUS CON CALL - LAST 10 MINUTES ESPECIALLY HILARIOUS
https://m.soundcloud.com/ant-chance/confenence-call-onci-111017
63.“Ceo” already made his $1Mil for 2018 ...disgusting stuff imo...
BERMAN, STEVE CA 8/30/2018 Form 144 44,360,473 Shares $79,000 N/A / N/A
BERMAN, STEVE CA 6/15/2018 Form 144 44,000,000 Shares $158,400 N/A / N/A
BERMAN, STEVE CA 1/13/2018 Form 144 38,000,000 Shares $212,800 N/A / N/A
BERMAN, STEVE CA 10/20/2017 Form 144 37,000,000 Shares $599,400 N/A / N/A
64. NO “onci” WEBSITE???
65. “APPLE AND SAMSUNG THE ONLY onci COMPETITION”
CEO IS A PROVEN LIAR...over...100..times.....REVERSE SPLIT CERTAIN
Accounts Receivable NOT COLLECTED in 27 months...Red Flag..SCAM..ALERT
The bottom line with ONCI is that every quarter for the past 10 quarters the Accounts Receivable increases by very close to the Gross margin. (revenue - cost of sales)
This past quarter saw Accounts Receivables (A/R) rise by $869,215, After the $635,921 cost of sales is deducted from Revenue you are left with $851,444.
So they are claiming $851,444 for Revenue for the quarter after costs, BUT are owed $869,215 more than the total at the end of the previous quarter.
This means that A/R from the previous 9 quarters has not been paid and that it rose more than the Gross margin in this Quarter. (AGAIN)
This is a VERY STRONG INDICATION OF FRAUD.
-----------------------
Copied below from https://blog.apruve.com/6-types-of-accounts-receivable-fraud
Fictitious Sales
Accounts Receivable is not actual money in the bank. An employee can fabricate invoices, which will inflate accounts receivable. But who might this benefit since an invoice isn't the same as receiving cash?
Sales people who work on a commission will benefit from an increase in accounts receivables, as it will show an increase in sales. To make this work, someone in control of accounts receivables will have to be in on the fraud.
Red flags for this type of fraud are invoices to fake customers or invoices that do not match the type of business a customer might generate. At some point, these invoices might simply disappear as part of the fraud and go undetected. Internal controls that monitor this type of activity can help with detecting fictitious sales.
NOTE: CEO Steve Berman receives a 12.5% commission on all sales.
-------------------------
More info from https://www.get.com/stock/2010/03/11/accounting-red-flags-10-things-investors-should-look-out-for/
Accounting Red Flags: 10 Things Investors Should Look Out For
1. Unusual accounts receivables growth. If accounts receivables grow at a faster pace than the company's sales, it can indicate that the company is making bad sales to companies unable or unwilling to pay, which could result in bad debt down the road. It may also indicate that the company is booking revenues before the proper time, which is one of the most common practices within the universe of manipulation. Future sales are simply recognized early, inflating earnings. The tell-tale sign, of course, is accounts receivable growth in excess of reported revenue levels. Studying the dollar amounts is not adequate to spot this. Instead, compare the rate of growth in year-to-year revenues and receivables.
ONCI has higher A/R in six of the past nine quarters than their Gross margin.
Bottom line is that ONCI is NOT BEING PAID for the past 10 Quarters on any measurable A/R at all, or it is made up revenue supported by phony sales contracts. A third option would be that they have shipped units to dealers on consignment but they have not sold more than a few units. This would need to be disclosed to investors. As they have made it look like they are selling 9K to 10K per quarter and that is not possible due to these numbers.
My hope is that this fraud is uncovered by the SEC and that the CEO is prosecuted for these alleged crimes. I hope no more investors lose money due to the fraud committed here. I was fortunate to find out about this fraud in time to avoid losing a lot of money.
Ohhhh wait...You obviously mean after..the...1 for 100...REVERSE SPLIT
Of course it will go from .0001 to .01 in one day, but that will be followed by more MASSIVE DILUTION.
.0001 and REVERSE SPLIT GUARANTEED for 2019
You mean the Statement from.the..CROOKED..PUMP..and..DUMP...CEO??? ONCI..is..a..PROVEN..SCAM
MORE LIKE...20..ONCI..BAGHOLDERS..by the end..of..2019...BANKRUPTCY..SOON
CEO selling shares EVERY DAY!!! WHAT A SCAM
.0002 this week.....REVERSE SPLIT SOON.
EXACTLY...AVOID...the ONCI SCAM at all COSTS...BOOKING..Ficticious revenue
Must read for all investors!!! GREAT POST!!!...100%..TRUE
Show me one official PR from any of those companies reporting a deal with ONCI. Whenever deals are made between two companies both companies put out an official PR, or one company does it with both companies named in the PR.
There is no Autonation deal, no Carmax deal and no Allstate deal. If you think there is then post the PR.
Post one dealership where Bsafemobile is sold.
Do you know anybody who actually uses the app?
Do you really think anybody wants a $175 app that blocks cell phone use in the car? Considering that a simple phone holder is all that you legally need.
WOW...Someone invested $150...3..hours.of.trading...So much interest..in..ONCI...LMAO
PROVE IT!!...Give us one dealership where..it..is..sold.
WOW....GREAT FIND!!!...CEO is robbing investors blind!!!
CONFIDENCE that a REVERSE SPLIT is HAPPENING..is..100%
All the sold units are in Berman’s Basement!!!..Explains..why..A/R.is.so.high...
EXACTLY RIGHT!! 100% TRUE
REVERSE SPLIT or BANKRUPTCY...ONE OR THE OTHER.
READY for .0002s this week??? THEN...REVERSE SPLIT
NOBODY wants a $175 app..........NOBODY!!!!
NOBODY IS PAYING ONCI.....Accounts..Receivable...PROVE..ONCI..is..a..SCAM
No License issued..no Business...no..revenue..ONCI..is..BANKRUPT...soon
HAHA...BLINDERS...IGNORE all the CEO’s proven..PUMP..and..DUMP attempts???..SAD..for..you
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MANY MONTHS......and as usual NOTHING. LMAO
And..back.to .0003...because..ONCI.is.a..PROVEN..SCAM..PUMP..and..DUMP
EXACTLY....now you get it...REVERSE SPLIT..REQUIRED to meet ONCI’s filing for $1 million.
How many shares would they need to sell at current pricing for the MUCH NEEDED $1 million? Answer 3.34 Billion shares.