On4 Communications Inc (ONCI)

[La Dolce Vita]

$ONCI - I certainly hope for the sake of the investors here that SB isn't misleading the investing public in informing them that an 8K will be filed. That is impossible, since ONCI has suspended its reporting obligation with the SEC when it filed SEC Form 15-12G:

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10608910

I'm not saying that SB is misleading investors, but someone/s is/are nefariously misleading the investing public in saying that an 8K will be filed.

Caution folks, the SEC can and will suspend trading in a security, if there is evidence of false or misleading information being disseminated.

https://www.sec.gov/oiea/investor-alertsbulletins/ib_tradesuspensions.html

Why would the SEC suspend trading of a stock when it knows that such action will hurt current shareholders?

The SEC suspends trading in a security when it is of the opinion that the suspension is required in the public interest and to protect investors. Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when it believes that the public may be making investment decisions based on a lack of information, or false or misleading information. A suspension may prevent potential investors from being victimized by a fraud.