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I'm saying this is a scam. And not a good one. It's amateur hour. Steve is an idiot. This guy is a moron. His aliases are transparent to anyone with some language skills. No matter how hard he tries to hide it by using bad grammar and obtuse syntax.
He's a buffoon. A coarse, uneducated pawn of the powers that be. I'm guessing he's already received letters of censure. He's claimed active status in Delaware on many filings while being void in Delaware. He is delinquent in Colorado. He can't accomplish the most basic of public dealings.
For all intents and purposes, at this point, this company is done. There will be no insurance companies. No Sifthouse. No dental. (that should have been the first clue this was a scam), no golf app, none of the myriad of other things his POS CEO has posited.
He didn't graduate Syracuse. Try and find his employment record with Time Warner. the whole thing is a lie. You'll notice there is no disclaimer in my statement. Nor is the there a disclaimer in most of the damning claims against this crooked CEO. He has threatened to sue and even claimed to sue detractors. He has yet to do so. I welcome the challenge. Please, please sue me. You piece of shit fraud.
Is that enough of a challenge? I'll await the subpoena.
Another 12m out the door at .00019!
Selling like hotcakes today. Slimy fraudulent hotcakes.
At .00019 even though there is 332m on the bid.
You can't argue the price has gone steadily down. .002 was the bottom. It'll never hit trips. .0009 is the rock bottom. It'll never go below.0005. An announcement is just around the corner. .0003 is ROCK BOTTOM, nowhere to go but up. The median is now .0002 with .0001 right around the corner. Dilution has continued. There is no Pharrel Protection. That was a lie. There were no commercials being approved for the 2nd PL. Because that was also a lie. Sifthouse is a lie. Gift cards, mobile dental, golf app, all lies.
A reverse split is much more likely than ever hitting copper again. The test was a lie. Otherwise we'd see proof. Documents, data. What is Steve going to use to approach these insurance companies with? "Hey, I had a conference call, and it's all good!" All the lies have already been told. They're stale. It's been heard so many times before. Nobody with actual cash to spend is going to be fooled by this guy.
Pray for .0003 and hope if sells. 2's will eventually fall. Just like 3's did.
Yep. No dry powder left. It got burnt up painting the .0005's during the last pump.
I only count ten. Decorum and forum rules prevent me from naming them but you know who they are. This scam is so ridiculously played out. If you've lost a lot of money, file a complaint. Attach all the filings that claim "active status" in Delaware. You have almost no recourse for believing Steve's "projections". He's protected by safe harbor rules. But the claim that they are active in Delaware is a solid lie and absolute FRAUD.
The testing facility made him sign another NDA. Even after the testing is done, he's not at liberty to divulge that information. Or, and I'm just spitballing here, he's a fraud and everything he says is a lie.
Steve is in way over his head. He's been played by JPC. The Berman and Bailey circus is winding down.
No thanks. Waste of time. It is what it is. I know it's easier to fool a man than convince him he's been fooled.
We'll see. If it comes back, great. If not, no big deal.
I agree. I think it'll get shut down before that happens. The claiming active status in the incorporated state of Delaware while being VOID in that state will be the undoing. You'll wake up one morning and all your money will be GONE.
Sure. With a 1000/1 RS.
There are warning signs all around this ticker. They are void in the incorporated state of Delaware. They are delinquent in Colorado. Those are HUGE red flags. It shows a lack of understanding of corporate fidelity. The only thing Steve has followed up on is keeping the OTC Pink Sheet status current. Albeit with false filings claiming "active status" in Delaware. Signed off by pinky accountant Alan Bailey.
This is literally the blueprint for a pinky scam. Godfather loans, false A/R revenue, and BS claims. To the moon acolytes pumping the fantasy.
I know a lot more that I won't comment on. It's information easily obtained.
To indefinitely stall large investors.
Why would they? They have your money. Why give it back? They used investors dollars to try and revitalize the company. Whether or not that is sustainable is up for debate. I no longer believe in the concept. It's overplayed. The Saleen brand is tainted. It's 80's. Uncool. Supercars are passe. Like skinny jeans and mousse in your hair. A stock Mustang is a better car. No stickers, OBII tunes or BS signatures by a bald has-been in a satin jacket.
By comparison, (it's called due dilligence) Shelby, CSBI, did not screw it's investors. They are currently trading around .09 with regular bounces to .15. Because it's a legacy that is still respected and they FILED THE FREAKING PAPERWORK!! Steve and 'Hot Wheels Amy" scammed you. It ain't coming back.
If you invest 100 dollars here you will likely lose half of it by tomorrow. Do the math. Read the tweets. Go to ecorp and learn the status. Go back a year and read all the posts. It's all there in black and white. This is a DOG. It's been heading toward no bid for months. A steady slow decline. It's a scam. Everything the CEO says is a lie.
He signed off on a quarterly report that stated ONCI was active in Delaware. That was a lie.
The median was 0009 then 0008 and now it's 0002. All evidence points to that trend continuing to 0001. Everybody knows this is a scam.
Another BS tweet with no details. The "product" was sent to an unnamed testing facility. Seems like there would be a report with actual data. Nope. Just Steve's dubious word. There is no testing facility. Prove me wrong. Come on Steve, publish the report! I'd bet you can't because it doesn't exist.
I don't believe there is a testing company. Just like I didn't believe there was a Pharrel, or a second PL, or commercials, or Auto Nation or Carmax, or the other things Steve has claimed. Fool me once, shame on you, fool me 1,624 times, shame on me.
This ticker should be shut down. Every document filed is fraudulent. The quarterly report ending July 31st states, "Incorporated in the State of Delaware on June 4,2001. The Issuer is in active status currently." That is NOT TRUE. The company is void in Delaware and delinquent in Colorado.
Berman and Bailey also state
1. I have reviewed this Semi-Annual Disclosure Statement of On4 Communications, Inc for the 9 Months Ended
July 31,2019;
2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or
omit to state a material fact necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period covered by this disclosure statement; and
3. Based on my knowledge, the financial statements, and other financial information included or incorporated by
reference in this disclosure statement, fairly present in all material respects the financial condition, results of
operations and cash flows of the issuer as of, and for, the periods presented in this disclosure statement.
Don't take my word for it. Chat with the nice folks at ecorp. This whole thing is a scam.
A conference call. That is hilarious.
Zero chance of that happening unless there is a MASSIVE R/S.
It says right there on the page! Status: VOID, AR or tax delinquent.
On4 Communications is VOID in Delaware. That's a fact.
On4 Communications is delinquent in Colorado. That is also a fact.
ONCI is void in Delaware.
I've done the homework on this ticker. It's a dead dog. A scam. The only business here is the selling of stock. The CEO is a moron and a scapegoat for JCP. I believe no money has actually changed hands. The loans are a mechanism to defraud investors. Sifthouse, Digitent, Pharrel, and all the other companies are fake. That money went into the pockets of the principals.
The company is void in Delaware and has been for almost two years. Every document filed claiming good standing is also fraud. The company still exists because it's so small time and obviously a scam that regulatory authorities take a "caveat emptor" approach to policing these companies.
Basically, you deserve to lose your money if you invest in these companies because they have warned you against it.
All of this information is readily available. Any even slightly savvy investor can find it.
No, they won't. Because there will be no announcement. At least not a verifiable one. I'm guessing the next play will be another audit scam. Which won't happen because there is no revenue. More people will lose more money.
The pressure is all downward. Buy at 0003, lose at 0001.
Mentioning ONCI in the same breath is ridiculous. This company literally fell off a cliff.
Great! Then Steve will be posting an official report from the testing facility. Unless it's just more BS. Which is much more likely given his track record. I think he'll tweet something like, "Tests went grate, it passed! Toatal gamechanger".
Buying 4's will get you 2's. Too much pressure from JPC and woke investors tired of the BS and wanting out with what's left of their shirts.
12m dump into the bid.
Dilution works both ways. In opinion and deed. Diluting your brand with continued biased attacks works against your goal. It could be argued that any viewpoint can be labored beyond what is believable. You're providing the opposition with argumentative fodder.
I agree. I don't think they'll bother. The juice won't be worth the squeezing. It's obvious Joe has set Steve up as the fall guy if things go south. They made a lot of money. It was a good scam but now it's time to fold up the tent. As usual, investors don't like to admit when they've been had and won't pool their resources to mount an actual legal attack. Which, to be honest, would be hard to win. The safe harbor for forward looking statements is wide and deep. It's up to the investor to make decisions based on their own investigation. Even though this was particularly egregious and there are many glaring legal infractions. This guy lied about EVERYTHING. It could be argued a person would have to be extremely naive to continue to chase this down the rabbit hole.
You won't hear anything substantial. You might get some tidbits to keep any investors that have significant losses from pursuing a lawsuit. People with large losses are the least likely to sue.
200 bucks. High roller.
Really? Where are the PL commercials? Can you point me to a website, phone number or anything that proves the existence of Pharrel? How about a Carmax or Auto Nation that sells the product? How about Sifthouse? Any confirmation whatsoever? You'd think a MJ company gearing up for production would have news. What about all those filings listing On4 Communications as "active" in Delaware? Can you show me where that information is? Because I just checked and ONCI is VOID in Delaware.
ONCI is not viable in any way. It's teetering on the brink of a R/S at the least and delisting at the worst. At this price, you might as well hold since it's already worthless.
I don't think that will happen. During the last run-up, the BS machine was brand new. Fresh piles of steaming excrement drawing flies. What you have now is a brittle, dry and decaying cowpie that will eventually turn to dust.
20 states are hands free. Hasn't made a dent in the stock price. In fact, the median price has gone down steadily despite "news", fins, and hyperbole constructed out of whole cloth by the faithful. There is no reason to believe the median price won't fall to 2. Maybe by weeks end.
This is a scam. Pure and simple. Unless Steve actually has something up his sleeve, and soon, this is done. I don't think he does. He's cried wolf so many times the villagers don't even register it anymore.
No lake houses, no rocket ships to the moon, no perfect storms. Just BS.
The company is lying to you. Steve is lying to you.