On4 Communications Inc (ONCI)

[moneym8ker]

There’s enough out there to tank ONCI to $0.0001/$0.0002 on the bid/ask landscape.


I’m
Laughing out loud at ACCOUNTS RECEIVABLE AND REVENUES GROWING as any rational reason to hold.

THOSE THINGS DO NOT MATTER WHEN STEVE-0 IS OUT THERE WRITING CHECKS SO HE CAN GET PAID HIS MONEY AS LONG AS HE OFFERS UP WHOPPING 50% discounts in those convertible, DEATH SPIRAL NOTES!


Here:

ONCI wrote (in one CONVERTIBLE NOTE) $288,000.00)

That’s approximately 1/5th of their stated GROSS REVENUE.


That would be like APPLE writing $200,000,000.00 in convertible notes.

SUCCESSFUL COMPANIES DO NOT NEED TO ASSIGN SUCH DISASTROUS DEBT TO SHAREHOLDERS...
Only frauds like Steve-0 do that kind of crap to mom and pop investors in a stock fraud penny scheme.