On4 Communications Inc (ONCI)

[Stocksinmysocks]

Here is what we know for sure:
1)About the companies new direction:
Holding company, new believable CEO some time ago with a very impressive CV, so the old ones are gone and don't have anything to do with the company anymore, the new CEO informed that "he wants to get ONCI to a higher level", "dental care contracts on the table with lawyers", "the real story is to begin", "significant revenues incoming" , "2 JV's" , probably one or two JV's in the MJ sector, news coming this week and next week about the JV's, "attending the MJ conference", ...
(updates can be followed on there twitter account)

2)The chart:
huge volumes, huge interests, low trip traders shaken out and hands changed to higher and more steady holders, healthy correction in fallback, a sure support, some flippers in the game and hell maybe even some shorts because they are everywhere (But if the buying pressure keeps up like this, they will need to buy back all those shares! But i don't know of any shorts), already pushed to 13's this week, already M's of buys above the 11's , last high point was 0.0059 with not that much of a volume like now, float is very ok, most followed on IHUB, ...

In the end nobody can predict a 100% what will happen, you just compare, do research and add up the info and catalysts. ONCI has some real nice potential to break records here. Only one or two days left at prices under 0.002. Some people are getting M's of shares and they know why (for example the 3.5M on the 10's in the end of the day yesterday) $ONCI

Please if anyone wants to add more info on chart and/or the new direction of the company, please comment on this.


IMO and GLTA


discl: all posts are my own opinion