On4 Communications Inc (ONCI)

[Dennis88]

Some background on the CFO, Alan Bailey, who signed financial statements. He is a chartered accountant as well.
https://www.linkedin.com/in/alan-j-bailey-7925b915/

There are fines and criminal penalties for fraudulent accounting statements. Specifically, there are penalties under Sarbanes-Oxley including up to 10 years in prison and a $1,00,000,000 fine for a CEO who recklessly violates his certification of company financial statements.

I don't think Mr. Bailey would jeopardize his successful career and numerous well-paid position at other well known companies by signing fraudulent financial statements of On4communications.