On4 Communications Inc (ONCI)

[angeloh]

Yep...
Steve shared numerous tweets, "audit will be completed on time at least half dozen times."
Look for it on 013118...

The audit isn't intended to prove anything to any shareholders. It's needed to uplist and may have been requested for the Hexagon merger to take place. It's one of Steve's goals. There are lots of companies doing just fine without audited fins. Steve's done a number of things here to try and please shareholders which most CEO's wouldn't even consider doing but it's never good enough for some people. This company is just starting out. Things take time. Bottom line is if you don't like what Steve is doing then you don't have to be here.

That's the revenue guesstimate for the year which is a pretty good jump in revenue for the last quarter. 500 grand for the third quarter and 1.2 mil for the fourth quarter. That's the amount needed to prove the deals are real. I think it's pretty accurate myself though 1.2 mil for the 4th quarter might be a little off, give or take a couple hundred grand. Some of that might fall under accounts receivable. All depends on when the product was actually shipped out and billed and when payment was received. Most of the deals came in this current quarter, Nov. 01 thru Jan. 31st and will be in the quarterly fins due Mar. 15th. Those fins are going to be huge. Folks who think the annual will show more revenue than 1.2 mil for the fourth quarter aren't paying attention to when the fourth quarter ended and what quarter these deals took place in.