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I know right. Yeah, it sucks that they couldn't get the fins out on time even with the extension but once they do come out and the news starts hitting people will be back on board.
Looks like it was one seller determined to get out and they wound up dumping at market. Looks like they're gone. I don't post much but running away from this board because of some bashing is pathetic.
You're the one that jumped me. My bid was there first. LOL
Just waiting for the news. VRUS about to release their game plan! Done deals? I wouldn't want to be without shares here when they do. Seems they like the after hours news releases but they could certainly switch it up and release the news at anytime. Now bring it back down and finish filling my order at .0037.
Dang. I only got a partial fill at .0037 and someone jumped me.
LOL. That's just funny right there.
Took a few seconds for it to pop up. It's a pretty small ad for TD Ameritrade. I figured someone had to be selling the information. I'm scared of computers. All the hacks and data breaches. I had to lock my credit score because of that credit bureau breach. I'm still getting scam calls and phishing in my emails.
It does the same thing for me and shows other stocks I've traded. Scary how these people know what you've been doing on your computer. It's probably I-HUB selling the information.
Now that there is no doubt that the self imposed quiet period is over I believe this stock is going to take off. I think we can all agree more news is coming soon along with the fins. The company is ready to talk. Looking forward to seeing what happens here.
I believe in the company but Steve is no help when it comes to doing what's right for shareholders. He knew we were going to need proof of the share reduction and he gave us none. I don't think proof will help at this point. It's too late. Same goes for the big private label deal. We all know what the deal is now. Just giving us the name of another east coast auto group isn't going to help the PPS much IMO. I think folks were expecting an insurance company on a national level for that deal. Great deal and will bring in revenue no doubt but I expected more. Overall I think the company will do great but waiting for the PPS to follow just isn't for me. Flipping this is the only way to go unless you have money you can just let sit idle for months or even years. I don't think he has any other deals that are supposed to blow us away like that private label deal. That was supposed to be the big one. Disappointing IMO. I'm out for now. Watching.
Quiet period is over. More updates coming with the fins.
The new O/S HAS been publicly released by Steve. Steve stated in the PR that the new O/S is 3,105,705,518. I don't believe that number because that would mean there hasn't been ANY dilution since Oct. 31st 2018. This whole share reduction thing is fishy....again. I don't believe for a second that there hasn't been any dilution here since October 31st.
T/A won't give out the numbers. I emailed them this morning and the response was to contact the company for that information. Not only would they not give me the O/S but they wouldn't answer if the share reduction was done or not.
Am I correct that we are expecting the 10k to be released this Friday along with a PR?
No doubt problems and delays happen all the time. I like this company and I think it's going to be huge but it's going to take a while and Steve needs to fix some credibility problems or the PPS will not follow IMO. I'm just a small part time trader and I just don't have the money to sit in a stock for long periods. I pick my moments and get in and get out as most people do even if they don't admit it. I could do a way better job of bashing this company than what we're seeing here if I wanted to but I don't do that. I will however give my opinion on current events such as the latest PR. even if they're seen as being negative. The goal is more in the hopes that Steve will get a better idea of what shareholders see as the problems here as we know he reads this board.
This WILL survive. It's a real company with real products. Steve just doesn't know when to keep his mouth shut and releases information before he should. IMO
The point is the PR said the share reduction was DONE and it wasn't done and that's just one of the several instances where Steve said it was done. Yeah, I believe it's done this time but I'm just pointing out why I think people are skeptical and rightfully so and mostly just giving my opinion as to why the PPS dropped on this last PR. I believe this company is for real and is growing and it's going to keep growing. I just think Steve should have waited to PR this stuff until there was proof available.
I'll start off by saying I like this company and I believe it's growing. I'm not bashing here I'm just trying to explain why I think the PPS dropped on the last PR. Anyone who believes Steve has not lied in the past hasn't done any DD. Note the date on this! .....On4 Communications Has Reduced the OS and AS by 1.4 Billion Shares
NEW YORK, NY--(Marketwired - Sep 27, 2017) - On4 Communications (OTC: ONCI) is proud to announce the reduction of the Outstanding and Authorized shares by 1.4 billion each. The new share structure will be reflected in the next quarter financial report due December 15. CEO Steve Berman states, "This reduction in shares has been a long time coming and current dialogue with FINRA has given us the confidence to proceed with this important step at this time......." THE FACT IS STEVE HAS LIED SEVERAL TIMES REGARDING THE SHARE REDUCTION. This is just one of them. This is one reason why the last PR sucked. No proof AND PROOF IS NEEDED regarding the reduction. Second reason the PR sucked is this BIG private label deal that was supposed to blow everyone away is just another dealer group on the east coast. Yeah it's a great deal. It's an awesome deal and it's going to bring in a lot of revenue but I think folks were expecting something other than just another east coast dealer group. I know I was expecting a huge insurance company. AND yes I've bought and sold here many times. I don't bash just to try and get cheaper shares.
Never mind. I found it in the stickies. Nice move here.
Did somebody say they heard from IR and they said a PR was coming along with the fins on Friday?
LOL. I don't bash to try and get in lower. That's just stupid. Check my posting history. I was just trying to get proof (other than just Steve's word) that the share reduction is done. We've seen PR's before where he said it was DONE! Guess what? It wasn't. So do you think there hasn't been any dilution since October? According to the PR there hasn't been. We'll see if the T/A will answer questions like Steve said they would.
So the market cap on the OTC means nothing since they use the outdated share structure and multiply that by the current PPS. That means that dilution could have taken place since October as I believe it has. I'm back to saying that I believe Steve is going to be caught in a lie. Either he won't grant us access to the T/A like he said and/or the current O/S as of yesterday isn't what he reported in the PR.
Have to wait and see if the T/A answers question like Steve said they would.
Guess I have to take that one back too. Since I don't know if the market cap is updated daily with the new share structure or they just use the old share structure that is on the OTC to update the market cap. Guess we can't really tell anything from what the OTC reports as the market cap unless someone has an answer to that question.
I take that back. O/S of 4505705518 times .0022 equals 9912552 which is exactly what the market cap on OTC says. So it seems there couldn't be any dilution. That's the good news. The bad news is the share reduction has not taken place. Had the share reduction taken place then the market cap would say 6832552 because 3105705518 times .0022 equals 6832552.
Does anyone believe there hasn't been ANY dilution since October 15th? "Oct 15 2018, we reported an OS of 4,505,705 518. The new OS is now 3,105,705,518." Steve also said the T/A would answer any questions. Unfortunately I think Steve is going to be caught in another lie.
I believe that this time the share reduction is really taking place but we needed proof. Steve has claimed the share reduction was DONE too many times in the past. Maybe we'll get proof next week.
Folks who blame flippers for the PPS action don't have a clue as to how the stock market works. Without flippers there would be no volume or liquidity in ANY stock. You can't just have people who buy and hold a stock forever. Who would you be buying your shares from if nobody was selling? LOL
Like I said the deal looks great but only people on the east coast are going to see or hear the ads. I'm on the west coast and will see nothing. I was expecting a national insurance company for this private label deal. If Steve hadn't promised a PR with done deals in his tweet then everything would have been fine. Hell, I sold when I saw the PR with no proof of anything. I don't think there was any "conspiracy" or dilution bringing the PPS down. The PR sucked. I like the company. Just saying Steve should have waited until proof was available, a name could be given and the advertising was launched.
Nearly every ticker with a news icon went red yesterday. ONCI is not alone. The share reduction is not DONE just because Steve said it's done. He should have waited until we had PROOF before announcing this. He's said the share reduction was done too many times before when it wasn't done. There were no done deals announced as tweeted either. Again Steve should have waited until the advertising started and he could give us a name of the private label deal. Yeah the deal sounds great but I was actually expecting something bigger than a car dealership on the east coast that I've probably never even heard of. I was expecting something national. I still like the company's potential.
Is there any proof yet that the s are reduction is done? Steve's word on this isn't good enough imo. We've been down this road too many times before. I'm liking that the big verifiable private label deal may be announced soon. For a while there I thought it fell through.
All that's needed here is higher lows. First low was about .0015. Second low was .0018. Have to wait and see if this holds for a higher low this round. I think .002 will hold but may see some .0019's.
The big dealership with the private label deal WILL BE NAMED! IT's GOING TO HAVE ADVERTISING!
Looks like normal trading to me. Higher lows is good. First low was about .0015 then .0018 and now .0022 looks like the new low. To tell the truth I was doubting that big verifiable private label deal with advertising still existed. So glad to see it mentioned in this PR.
Monday green. Tuesday consolidation. Wednesday green. Thursday consolidation. FRIDAY???
BLOCKBUSTER private label deal is what I'm looking for! Last PR was released at 11 am. That would be a great time to release this one.
PRIVATE LABEL
"As we have discussed, we have 2 private label deals in place and are working on 2 others as we speak. We have shipped Pharrel Protection and have had many meetings with them as they distribute our products to their clients.
The second Private Label client is a Blockbuster and they want complete secrecy as they are still in the process of creating their ad campaign with will include Print, Radio, TV and Social Media. They want to break everything together.
I believe that once their competition sees these ads they will all fall. We also do not have any exclusivity with this company and we can sell to anyone just not using the private label name."
ONCI up from .0018 just a few days ago. News hasn't even hit yet. I'd brag about picking up a cool mil at .0018 but homey don't play that. OOPS did I just brag? LMAO. I know I'm just a small fry in the market and most would laugh about someone getting excited over a lousy grand but this is huge for me. Wheeeeeeee....GO ONCI!!
ONCI!! Making a move! PR coming this week! Share reduction and more!
ONCI!! UP 26% pending PR this week!
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Conference call with TA went very well we will be done with the reduction this week. I will put out an official PR including the reduction and other closed deals by Friday or sooner most probably sooner. Its all coming together and everything is getting done.