On4 Communications Inc (ONCI)

[QTRADERQ]

PART 2 - According to Mary's convo, now Steve Berman is going to record on the next Q what he perceives to be "real" Delaware debt. Thanks SPORT for not trying to HIDE IT this next go round. I called you OUT on it. Glad, you're owning up to at least some of it.

You may have been appointed CEO on 3/9/16 but you're still responsible for ALL debts BEFORE you arrived. That's why they are on the balance sheet ... so they roll forward. Saying prior management owns it and you're "legally pursuing this matter" might sound good to an "unsophisticated investor", but the reality is ..it is not personal debt. Tim Owens is not personally responsible unless he signed a personal guaranty. He was the prior CEO and this is CORPORATE DEBT which you inherited. Own up to it and stop making excuses. "Sophisticated investors" are laughing at YOU!

As always. JMO
$ONCI