On4 Communications Inc (ONCI)

[Euripides90]

Awesome-Thanx! Highlights:...aggressive focus of acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare industry. Our newest targeted businesses are operating in the trillion-dollar mobile App space. Our first acquisition in the mobile App space is FMS Marketing a global creator and distributor of mobile Apps for Android and iPhones. We are also targeting businesses to acquire and joint venture with in the medical marijuana and emerging MJ ancillary products space.

This is the blogger's personal view:

This is the first time that I became interested in a triple-zero penny stock (closed at $0.0007 on Friday). I did it primarily for two reasons: 1) CEO Steve Berman has Fortune 100 executive experience, and 2) ONCI is an up and coming medical marijuana play, and the cheapest one I've seen. I missed the boat on several marijuana plays before because I blinked and lost. But I could not let this one pass me by.

ONCI's CEO Steve Berman twitted several times in the last two weeks updating the investment community on exciting upcoming new developments. The stock started to climb rapidly and took a break/healthy consolidation near the 7c mark while the market waited on Company news regarding its first joint venture.

As promised, the company delivered...