On4 Communications Inc (ONCI)

[shotsky]

It should be obvious by now that the window for the ONCI distracted driving device has passed, and is still closing rapidly. Most insurance companies already have chosen a solution, and getting them to change would be next to impossible - anything they have in the field would have to be recalled, etc.
ONCI needed a sales force to get the sales job done. The CEO has been busier than a one-legged man in an ass-kicking contest, but he is not a sales department, he is simply an individual person with ideas for several other companies besides the distracted driving device/app. He is overextended, and can't get even one thing working, let alone six.
The stock price tells the tale. None of the projections over the last two years have happened, not even the name change. Hexagon was a poor choice in the first place, since there are already several companies using that name. I wrote that two years ago, when it was first announced. One Google search revealed the problem - hexagon is heavily used already. But more importantly, none of the advertised 'companies' have amounted to anything. My ONCI stock is down 97% . Not happy. Do I ever, ever, ever expect to break even? Not a chance. I will take a tax loss and get the hell out of here. Even in the OTC, you should be able to break even in two years.