On4 Communications Inc (ONCI)

[DewmBoom]

A swiss cheese 10K with holes

a. Removal of promissory note with 900 million shares of dilution to strike the market dilution....This would be brutal to investors.

b. On page 16 of the 10K, they stated cash at beginning of period was 117,000 but in the 10Q was 221,000 and not 117,000. It dropped to 38,000 or by $183,000 and not by $78,000 as they claimed.

The idea here is when you problems like this with the financials, it raises questions related to cooking the books....That CEO cannot be trusted.

https://backend.otcmarkets.com/otcapi/company/financial-report/238627/content