On4 Communications Inc (ONCI)

[mikeystrat]

I've done the homework on this ticker. It's a dead dog. A scam. The only business here is the selling of stock. The CEO is a moron and a scapegoat for JCP. I believe no money has actually changed hands. The loans are a mechanism to defraud investors. Sifthouse, Digitent, Pharrel, and all the other companies are fake. That money went into the pockets of the principals.

The company is void in Delaware and has been for almost two years. Every document filed claiming good standing is also fraud. The company still exists because it's so small time and obviously a scam that regulatory authorities take a "caveat emptor" approach to policing these companies.

Basically, you deserve to lose your money if you invest in these companies because they have warned you against it.

All of this information is readily available. Any even slightly savvy investor can find it.