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Yeah, the greedy management plans to wipe out existing shareholders by issuing 30 million new shares and 5 million free shares to themselves and in the process pay 2 million $ in resigning bonus + lifetime health insurance to the greedy Punit Dillon ONCS is a big stock scam it´s fake cancer cures it´s only about corporate greed
The second proposal to authorize the issuance of up to 5 million free shares to management is intended to protect OncoSec from persons seeking to take control of the company…..blablabla BULLSHIT swhat happened to Merck buyout? and greedy Dan blabla talks about persons take control??? WTF must be the greedy Dillons Dynasty trying to buy ONCS!!!!! largest stock swindle in history
we will sell 30 million new shares in August oncs needs money we are going to pay Punit about $2 million to get rid of him de deserves it Dan gets 100% pay raise he deserves it oncs greed culture is great for maximizing shareholder value
august 22: the stockholders will be asked to (i) approve an amendment to our Articles of Incorporation to increase the number of authorized shares of common stock from 16,000,000 to 45,000,000; (ii) approve an amendment to our Articles of Incorporation to authorize the Company to issue up to 5,000,000 shares to management
Amounts include for Punit Dhillon: severance pay ($967,470), group term life insurance, contributions to health savings account, 401(k) company match and tax preparation
we will sell 35million shares @ some $1-$1,50 no insider buying 5 million free shares to management market cap is $25 million all truly great news from the world leading cancer immunotherapy company
oncs is not about curing cancer anymore all the cash the company gets from the IPO´s every 6 month is only for the benefit of the oncs management the oncs culture is sick with greed the purpose is to make punit and the management rich while the oncs stock price falls to zero that is what its all about
the oncs stock is down 99% the historical performance of stocks that the Dhillon Dynasty has been involved with speaks for itself Avtar Dhillon and nephew Punit Dhillon were Chairman and CEO of OncoSec Medical a stock that went public via a reverse merger with minimal assets in an SEC complaint from 4 years ago targeting stock promotion firm, Lidingo, regulators described frequent communications between Punit and Lidingo paid stock promotion was clearly part of OncoSec Medical’s strategy to temporarily boost the share price as the SEC cited emails from Punit suggesting articles to Lidingo that were later created and published under fake author names as a result Punit resigned as CEO
oncs will never cure cancer the purpose of oncs is to make the dhillon dynasty and management super rich and leaving the small investors holding the bag when the shares become worthless
yeah makes it easy for management to raise extra capital to maintain insane salaries and benefits at a huge expense to shareholders
the oncs compensation board paid Punit about $2 million for 2018 he deserves every dollar of the $2 mill a year! maybe he has cancer and need money to pay for treatment at one of the top-notch cancer centers
yeah that is the problem with oncs waiting until a next year and a next year and a next year and they end up spending all the money raised through the IPOs making the management rich in the process and leaving the small investors holding the bag when the shares become worthless
exactly oncs will never find a cure for cancer oncs will never create shareholder value the purpose of oncs is to maintain managements insane salaries and benefits just look at the change in control plan they adopted to resist any takeover attempt
a new partnership every day great news for shareholders
it´s just another bs cash-less collaboration punit dynasty management has never created any shareholder value the purpose of ONCS is to maintain managements insane salaries and benefits
Why aren't ONCS executives buying a single share of their company's stock?
from the ONCS Compensation Board qr 10-q the Punit dynasty has raised $166 million so far market cap is $18 million that is called long term shareholder value creation
my guess is that management will merge ONCS with another penny stock bullshit company and the Change in Control Plan is just to make sure management will keep their insane salaries for 18 month definitely ONCS shareholders will be getting a fantastic deal
Yeah ONCS Compensation Board is planning a massive compensation plan for management
we´re @ pps 2.5 cents reverse split back in 2014 Punit screwed long term shareholders
It is crazy the ONCS management Punit the uncle and now Dan have deep industry expertise and a strong track record of Substantially Destroying Shareholder Value through insane benefits and bonuses, reverse stock splits and driving inefficient management and the long term shareholder is entirely wiped out
Yeah something is moving the pps down we´re down from $18 in only 8 month resulting in an impressive 85% decrease to shareholders' value see you @ 10 cents
using MACD to trade penny stocks doesn´t work see you @ 80 cents soon
Yeah, last time the ONCS stock was this oversold, in November 2018, shareholders enjoyed an impressive 70% share price loss overnight
Yeah, ONCS has established a business trend since 2011: Good news out, then we wake up next morning: Good Morning from ONCS! We´re raising cash! you are diluted! Capital Raise Dilution is all they know allowing the ONCS management to keep their jobs and their insane salaries that´s all they know
shareholders of ONCS are diluted every 6 month since 2011 causing the share price to fall the share price target is $0 a buyout is the only hope for ONCS
Yeah, ONCS down only 98% since 2014; savvy investors see even more upside ahead LOLOLOL
Alpha concerned about the situation? Absolutely not!! Obviously, it´s the happiest situation in Alpha´s life, so far!!!
it´s not about the shorts the purpose of ONCS is to maintain management´s ridiculous salaries and bonuses
Proposed Public Offering today, the ship goes down
there are so many names: jpmorgan, goldman, berkshire, blackrock, vanguard, fidelity,,,,,,,,,
Yeah, but the members of the truly effective ONCS Compensation Board certainly deserve a higher pay
Yeah, the company needs key resources to manage the ONCS Compensation Board
Yeah, now the Dhillans totally deserve a massive bonus from the ONCS Compensation Board
Yeah, ONCS has been struggled lately, like since 2011, we´re down 98%, it´s time to get rid of the Dhillans
LolLolLol Partnership
The disastrous CEO Punit ruined this company, now a buyout is the only hope for ONCS
In 4 weeks the ONCS Company gets delisted from NASDAQ, so the ONCS Compensation Board has to do a reverse stock split soon; but don´t you worry it was such a success the last time
Yeah, all we can say right now is to hold on and let the bidding war commence
In your daily Journal? That´s great news!
Great news, Merck wants to keep results secret