On4 Communications Inc (ONCI)

[TClap]

Great part of the fins:

"Accounts payable totaled $1,404,981 and $1,258,360 at July 31, 2017 and Oct 31, 2016. A substantial portion of these accounts payable are older than 3 years and inherited from prior management. The Company is in the process of evaluating whether or not these amounts are still truly payable in light of a possible expiration of statue of limitations. In addition, for those amounts which are still validly payable, the Company is reaching out to settle any outstanding payables at a significant discount"

This would be huge to erase that much debt!!