On4 Communications Inc (ONCI)

[QTRADERQ]

Here's my proof of LAM 2.

No such thing as a LAM 2. THAT IS 100% made up and unfactual. No support what so ever.

It my analysis of "current liabilities" that's on the 10/31/17 balance sheet. The footnote says most of "current" notes payable ($319k) will become LAM 2 in fiscal year 10/31/18. This hasn't happened yet (Not as of 10/31/17 as per current liabilities in the balance sheet, and not as of the 1/31/18 as per "subsequent events" footnote.) But the 3a10 conversion of 319k (LAM 2) will occur between Feb 2018 - Oct 2018 as per the footnote in the annual report which says the conversion will occur in fiscal year end 10/31/18 after the court has approved the settlement order.

Anyone saying LAM 2 is already included in LAM 1 is completely false which I've proven in this post and the post below.

Here's my original analysis from 2/8. Let me know if you have any questions.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138390462

As always. JMO
$ONCI