ONTV INC. (fka ONTV)

[steeledge]

Certainly not as good as, say, going to .50/share. But I tell you what. Shell stocks are going through the roof (not all, some). While this hurts us in the short-term, longer-term is quite exciting. ONTV won't have a LOT of cash or assets, and I"m curious how much tax-loss carryforwards they're gonna have, but they'll be in pretty good shape as a shell.

I guess the issuance of the Preferred shares should have been a yellow flag that there were going to be issues upcoming that mgmt would want voting control over!