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Lazy..... This is the only news we have received that shows some type of merger or integrated conglomerate of several companies with ONCO involved. At least we now have something tangible to follow. So many years have passed with no news of any nature. The Press Release document basically said that this will take time. I just can't see ONCO getting any worse as a result of this activity. Could be some light here in our future.
Lazy .... What is your opinion here.?
Hey Cash.....that has to be the best news we have seen in. 5 years. There has been much speculation about mergers and acquisitions for ONCO. This merger definitely gives us all something to look forward to finally for ONCO. Thanks so much for the update. Stock price has been under priced for years and now with the new merger/integration and restructuring, ONCO may get the capital needed to expand Ops or integrate synergistically with the Parent Company. This is really one heck of a shot in the arm for ONCO and we investors. JMO but looks like we will finally see some lift. This also explains why Doc Walker has been very silent.
Absolutely correct and at one time back in 2010 I think he felt that responsibility.
Sandcrab......it would just be nice if he took the time to post an update on this board....the way he used to. And years ago he would respond to Investors requests. And so we all wait for some news and the only news we get is by chasing the Doc and requesting an update.....same as I outlined in my "Update for Everone" post below.
Apologies Sandcrab did not mean to be so assertive. It was just my opinion. Thx for your feedback.
Lazy......after speaking with Doc Walker I sent him a note requesting that he post here on IHUB a business update for all the Investors. If he ignores my request then we can confirm that he is no longer involved in the business key decision making. I made this request on Tuesday of this week.....let's see if he responds.
Spot On Lazy.....this is our Onco Life for now.
Lazy......no return call from Dr. Fraker ......perhaps he spoke with Doc Walker and was updated as to what Walker told me.... And nothing more to add. Not sure. All in all Doc Walker and staff not allowing ONCO to go out sea. They will either reposition/evolve their service and technology in the marketplace or merge with another synergistic company. I just don 't see the word "acquisition" in their strategy since they most likely are lacking the cash to do so. JMO.
Nabbs ...... My note was intended to say.... How do I sticky the post ? Not familiar with your request.
Nabbs..,...the thank you goes to Lazyeye, not me. Yes I had a fairly intelligent conversation with Doc but Lazy provided the contact info from his reputable sources.
Lazy I agree with your last post and yes, at least I had a good exchange with Doc. I will advise more after my conversation with Dr. Fraker. I do believe a merger effort of some nature could be underway but I cannot state this for sure ....only my perception from a distance.
Thank you very sincerely for all of your high integrity support.
Update for everyone from my conversation with Dr. Walker, today, October 30,2013. ONCO is still very much alive in the medical industry. Some of the business has fallen off due to major healthcare consolidations where the small hospital has been taken over by a larger conglomerate and healthcare system. Urologists are more so referring business to the larger system than the small hospitals where ONCO thrived as this puts more money in their pocket than the ONCO path. This has delivered a dropoff in business for ONCO, but not total devastation or anything like that.
In the interest of the shareholders, ONCO is looking at several other business ventures which is intended to strengthen the company. While Dr. Walker could not tell me specifics, my interpretation is along the lines of acquisition or merger with synergistic services or technology that would fit in with ONCO.
Dr. Walker knew the stock price and it's fluctuations. Again, he associates the dropoff with less Dr.referrals to their program and more to the larger hospitals within the integrated healthcare system.
Most importantly there is real "hope" for a new business venture at ONCO. Dr. Walker specifically told me that he and his staff are aware of the degradation of stock price and they are trying to pursue ventures in the interest of the shareholder and to re-energize our PPS.
Also waiting for a call back from Dr. Douglas Fraker and will provide more insight at that time. Thank you Lazyeye for providing contact info.
Thx Lazy will give it a shot.
Lazy......I have reached a point of total disgust and frustration with these numbers. I sent Doc Walker two emails.....one to his company address and one to his personal . I pointed out that all of the lack of communication is driving our PPS to insanely low numbers. Wasn 't sure if his goal was to drive the company into oblivion. You can read this two ways. Someone has an inside track and knows that ONCO is on its way to a significant positive change .... Merger or acquisition. The other way to read it is current investors dumping shares at insanely low prices with inside knowledge that the company is on its way out. With Doc Walker essentially worthless in not providing any communication....the PPS can only tumble. My personal frustration from 5 yrs ago is that he suggested (not stated) that PPS could hit .75 a share with the Allegheny expansion and more plans for similar network growth. Where is Doc Walker now...?? He never impressed me as a man of low integrity. Where is Doc now...?? He doesnt return calls or emails or even smoke signals. He used to be someone who would take the time to do so. Not anymore. I wish Bader was still on this board because he could tell us if ONCO was still active in the Boston area.
Incredible how the children are giving up shares for 10ths of a penny. PPS now down to. .0016 when only weeks ago we were approaching .01
Hey Lazy many thanks again for your research and excellent contacts. Very hard to read into why no TA other than them taking out costs and not a total surprise because Doc has taken the unorthodox route many times before. There was a time in the past , say. 3 yrs ago , when reaching Doc "live" was easy and asking him directly was no issue.....and he felt some level of responsibility to his shareholders. Now I can't get him to answer an email or phone call. Maybe he is just not well health-wise.....I believe he is 76 or 77 by now. At least we are not defunct as you mentioned. Thx again for all of your efforts.
Somebody dropped $8,600 on 4 million shares at a giveaway price of .0020 yesterday.
Thx Lazy. I believe there are a lot of embrionic investors in ONCO when I see 10,000 shares traded @ .0026 when only a few weeks ago we were headed toward breaking thru to .01
Way too many children playing in this playground and thtilled to make $10 profit on a trade. Sad situation is that any trade at any level is last posted as final current value of the stock and we regress back to low low levels of PPS. Wish the children would stop giving this stock away for bread crumbs.
Thx Lazy for insight. You have a much better inside track than me. Doc doesnt return calls. And darkness pervades.
Everybody is in hibernation....!!
Lazy.....your opinion.....what do you think is really taking place here...?? Day boys building up a slow invisible pump or.....?
Nabbs.......with the recent trend upward I think I am beginning to agree with you. Maybe there is something in the works for ONCO...
Nabbs.....most likely the same Tag Team saw my post and Lazy's reply and they got together to create a decoy puff of activity to see how many jump on the bandwagon on the "urgent opportunity" and the unsuspecting buy in high and watch the PPS come down in the next 2 weeks.......and realize they have been taken.
Hey.....anybody out there...? Where did that huge puff of smoke disappear to...? In truth and from past events.....anytime you see a convergence on this board with a number of unusual names all chattering away about how one is adding and we are about to break a penny.....this is just a group of daytraders pushin an artificial pump for a few days.....then they move on to the next hoopla....and so forth. And that is what we all saw several weeks back. Anyone hearing anything new?
Nabbs.....thx 4 update on name. Was name booted or person. If name only does he have new ID that you know of?
Bader are you out there anywhere...? Any insight on current events...?
Nabbss........fingers crossed and may your fantasy conversation come true for everyone......even at 25% of your projected PPS.....!! I may just refer to you as The Nabulator going forward.
Nabbss.........Buffalo Springfield.....!! Hahaha.......only us old weasels would know who you are talking about.....!! That was one great reply that has me laughing here. Thx....!!
Where did everybody go....? Vacation all at once...!!
Hey....a nice acquisition or merger would be welcome....!! Stock is selling super low compared to the days of .02 back in May 2010. Perhaps some folks adding. 600,000 shares @ .003 = $1800. Investment.
Lazy......you have summed it up perfectly. Can we, as Shareholders, do anything as a group to force some disclosure on truthful status of the company or take some action directed toward Doc Walker...? How would we band together to do this?
Hey.....huge hats off to Lazyeye and Nabbs for going the 9 yards to bring forward some excellent DD and give us a lot to think about. I for one feel much better after reading Nabbs summary today. Thank you Nabbs and thAnk you Lazyeye for the efforts Lazy.....I clearly misread you in prior weeks and my apology for that. Your a good guy just trying to dig out the facts and have some excellent contacts. Thx...!!
Nabbs.....I found the DD to be very believable and why would anyone go to the trouble of doing all that research and then spin a story. I have spoken to Doc many times and as I said in my earlier post, he was at least minimally informative. So his being tight lipped is a bit out of character. And that can be read both ways. If a merger or acquisition is underway he couldn't say a word about it. Same with going out of business, he would not comment. I also do not see any mass dumping taking place at low PPS.
Baderbob if your reading this post can you check to see if Onco is still active in the Boston area...?
Thank you Lazy.....phenomenal DD and confirms our suspicion that the Doc has not been well. You can read all this very negative or positive. If Walker is heading out perhaps a takeover is in motion. On the other hand the Doc was never one to not be positive and minimally informative so don't know what to think on that note. Guess we remain in holding pattern for now. Thx for DD.
Lazyeye......any DD to share with us here...?
Lazy......with the move away from American Stock Transfer.......should they have identified a new agency by now to take over for AST...?
As suspected....all of this flurry of volume surge was most likely a Day Trader Pump. This has happened before to us. No surprise.
So here we finally achieve some upward pps trend at .0042-44......and then some nickel-dimer caves in and sells at .0037......maybe made about $10 bucks profit and the pps finalizes @ .0037.....and thus our penny dilemma with ONCO. A stock that should be selling @ .04 pps but can't get there due to your nickel-dime children looking to hit big with $10 trades.
Hahahaha......lol.....for sure.
I really don 't see the good Doctor having an Inmate Profile however at 76 years old an obit could happen and I certainly don't wish that on him. He is a very nice man without an Expansion Plan......at least I haven't seen anything in writing since May 2010....
Lazyeye......that is our dilemma.....Longs......not able to get CEO to put more financial support into the business. My point about 1.28 was that somewhere in the beginning there was solid support for ONCO.....I am a prior investor from the original company and lost my shirt at that time. We are all pushing in the same direction here. I suspect Doc will sell off his equity in time. Our only shot is a acquisition or merger. Many many calls have been made to Doc and his business relations dept. very little response or life. Thx for all of your input.