$ONCI Last Note for 2019....No More Dilution for the Next 8 Months based on the Financial Record
Original Note: $25,000 Interest: $2,500 Total: $27,500 Maturity Date: July 2, 2019
The three lows experienced during the last 10 days before maturity on 7/2, averaged to be 0.0005. At a 50% discount, that would make it 0.00025. If you multiply 110 mil shares x 0.00025 you get $27,500, which is the total owed.
So for the last note, the shares issued is 110 mil shares. (Don't know for a fact that they have been issued, but the way the stock traded indicates so. Read my stock statistics by clicking below, as the other issued shares earlier will break even at 0.0005. This suggests that those were cleared already at higher price to make money).
Note Holder Profit and PPS:
110 mil x 0.0005 = $55,000, $35K profit 110 mil x 0.0004 = $44,000, $19K profit 110 mil x 0.0003 = $33,000, $8K profit 110 mil x 0.0002 = $22,000, $3K Loss
Based on the way the stock traded last week, we definitely exceeded 110 million shares traded at 0.0004 to purge the diluted shares, as nobody can make money by selling shares at 4, but the note holder. His profit amounted to 77% at 0.0004, which is not bad at all.
In my opinion, the selling has been going on by investors but the trigger for the selling is dilution. For example, we started Q3 with a gap of 250 mil between float and OS. That gap is due to diluted shares that have not entered the market yet. Nobody can make money to sell at 4, but the note holder as shown above. It looks like We have reached the end here, and I think the buying will begin soon. If the CEO intent indeed to benefit longs and ask them not to sell in a public PR that went around the globe, then our time is coming and soon.
Good Luck....Gonna be a long journey to Mars.
Read My Post on Stock Statistics Here. It may be helpful
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