On4 Communications Inc (ONCI)

[moneym8ker]

ONCI is just garbage.

Anyone ever ask themselves why Steve Berman only tweets?

A while ago, a company was tweeting some bizarre stuff. The tweets appeared to be pumping the company stock. The tweets caught a lot of attention for this penny stock and it began soaring.

When investors, clamoring for details began calling the company the CEO claimed to not be able to give details about the tweets.

The stock fell as fast as it rose and fell below its price before the tweets.

Lots of scrutiny came down on the company and the CEO finally tweeted that a person, familiar with the company but unauthorized to issue company tweets had done the tweeting.

The scandal was over. It wasn’t his fault. The stock had seen its pump and dump.
Nobody went to jail.
No hefty fines.

Just a “mea culpa”.


If Steve Berman and ONCI are late with financials, I wonder if he’ll claim a person with access but not authorized to tweet had been posting tweets for ONCI without his knowledge.

He blames everyone else, why not blame a phantom
Tweeter