On4 Communications Inc (ONCI)

[turn144]

The gist is he doesn't deliver on commits.

Maybe true - Q-2 should tell if he has been making progress.

I don't read a hell of a lot into "updates". I do look for progress and while fins are not audited (heard that a few times), progress is being made.

Other hints - SB has mentioned a number contracts with dealerships by name - mostly in the Northeast and NY/NJ area. If ANY of these were not true - Vinny The Nose and Tommy Too Much would already have visited him and made him withdraw their names from the public records - don't kid yourself - these dealers play hard ball. A contract of a different kind would have been on the table.

So I will let this play out - I think the people dragging this down are just quick buck traders making a living by scaring the bejesus out of others - not a fan of that.

I am a long - not too long as some others but I will wait and see if he is the real deal or just like the other 99% in this space