On4 Communications Inc (ONCI)

[SooS416]

The completion of the audit is not in his control, it is up to the auditors to sign off stating they are complete, Steve can do nothing to ensure they are completed in time outside of providing the requested documentation.

I would not be surprised to see an NT extention filed, but would also expect a PR stating that audit is wrapping up and to expect it's release shortly.

There is a ton of interest here and a lot of loading going on at these levels, from a chart perspective we are at nice support level for the bottom to be formed prior to next run. Like of jockeying for shares, MM'S covering, shorts covering and so forth.

Yesterday ARCA and VNDM were all over the bid and ask loading a large amount of shares.

The is a very interesting play and oportunity, if the audit does come out and validate everything that has been put out then this will run and be a play to watch and hold for the coming quarters, consistent revenue growth, uplisting to QB, share buyback would all be in cards.

Will any or all of it happen, nothing is certain, bit risk reward is certainly quite appetizing