On4 Communications Inc (ONCI)

[QTRADERQ]

For any new investors who think they stumbled into a goldmine and ONCI is there "golden ticket". Be advised that Steve Berman affectionately referred to as "the Bermanator" has promised shareholders a 1.4 Bil share reduction since mid 2016 (so far nothing, he's now tied it to FINRA approval, he keeps coming up with excuses) ... not mentioning the LAM Settlement until six weeks later ... recently ADMITTED IN A SHAREHOLDER LETTER last week to have LIED ABOUT ISSUING AUDITED FINS, and has withheld key trading information from shareholders by hiding Delaware franchise tax debt of 900k (see post below) by not showing (or disclosing in the footnotes) the figure on the Balance Sheet. Plus, many tweets and PR filled with false promises (it's a long list). Therefore, in my view Steve has NO CREDIBILITY. Caveat emptor!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138223395

As always. JMO