Oncolix Inc. (fka ONCX)

[laraz5]

You cant paint Dilution nor can you paint a positive conclusion to the amount of debt Redman has acquired on the backs of shareholders

The Convertible Notes bear interest at a rate of 10% per annum, payable quarterly on November 1, 2017, February 1, 2018, and May 1, 2018 and thereafter, on a monthly basis until maturity. The interest is payable in cash or, at the option of the Company, subject to compliance with Equity Conditions (as defined below), in fully tradable Company Common Stock

Wow! How does a company that produces ZERO Income pay backs 10% Interest payments on Millions of dollars?

You guessed it Dilution, the very reason the O/S keeps rising and the Very reason the PPS is tanking

This pyramid scheme is meant to keep shareholders In as long as possible so Oncolix can dilute every last penny.

I like the Part where Oncolix starts to blame actual shareholders for this absolute Con Job. As If shareholders who bought less than .03 are selling? same thing we heard when the PPS was at .06 that people at .05 were selling, which was the same thing we heard at .10 when people at .07 were selling

Stop it Oncolix, stop the lies

Starting to see why I've been saying Pyramid scheme for so long

Oncolix is crumbling in on itself

But no worries, watch for the late day paint job to cover up the sales

Its Friday

IMO