On4 Communications Inc (ONCI)

[shotsky]

When the name change happens:
Hexagon Holdings is already a valid company in Colorado. It has an AS of 4B shares, nearly equal to ONCI now. There will be one share of Hex for one share of ONCI when the name change happens. It is more than a name change, it is moving OUT of ONCI and INTO Hexagon, which is like a reverse merger in a way, except that both are public companies. When complete, we will have hexagon shares and no ONCI shares.
What people may not anticipate is that you will not be able to trade either ONCI or HEXA during the 2-3 day transition period. That's because all ONCI shares will be 'recalled', and HEXA shares will be issued. There may be a different ticker for the HEXA shares until the transition is complete, but eventually it will be clear. It may take up to 30 days for it all to clear. This is where the TA comes in - they take inventory of who has how many shares, then freeze trading, then recall the ONCI shares, then issue the HEXA shares, and then, when it is 'ready', trading will be turned on for everyone at one time.
So, if you don't want to 'ride that out', you would need to sell all your ONCI shares before it happens, then buy HEXA shares afterwards. I may well do that, because I don't like untradeable stock. Been there, done that, and watched the stock price tank while I could not trade. You may be able to trade by calling your broker, but no guarantees there either.