On4 Communications Inc (ONCI)

[QTRADERQ]

More 3a10 dilution is coming throughout 2018 (beyond March 2018 as I originally predicted in Dec.)

Everyone should read the top of P.14 of the annual report. 80 mil shares have already been issued to LAM to settle $286k with LAM. Leaving $600k of the original debt settlement to be paid in ONCI stock.

As follows:

Tranche 1 - LAM shares sold on 11/3. $149k was applied towards the debt as per filing.

Tranche 2 - LAM shares sold on 1/22. I estimate from info in the filing that $137k was applied to the debt.

These numbers are from the filing, not conjecture but FACTS according to Steve's numbers provided in yesterday's filing.

I estimate an additional 400 mil shares will be need to be issued to LAM to settle the remaining $600k debt. Remember, Steve in his infinite wisdom gave LAM a 45% discount to market. With the stock price in the toilet, the lower the stock goes the more shares that will need to be issued.

https://www.otcmarkets.com/financialReportViewer?symbol=ONCI&id=186735

As always. JMO
$ONCI