On4 Communications Inc (ONCI)

[DewmBoom]

Here is a plausible scenario moving forward:

CEO will pay half of the $48,532 due on 12/1 in cash and the other half in shares. The other half will amount to 485 mil shares that can be easily sold at 0.0001 with 100% profit. That way the Canouse can get for his original amount of $45,000, around $72,000 between shares and cash in six months.

If this scenario moves forward, it will leave 450 mil shares under the AS that can be used for the 1A form submitted to SEC. This means that ONCI is planning some drastic changes to boost stock price by the beginning of the year before the next wave of notes due in March/April 2020.

I will be grabbing some shares at 1 after my wash sale expires on 12/12. Otherwise, I will stick with the half that I have not sold.