Same 90 day statement appeared 8 months ago in the filing published Aug 05 2010. ONFI still has not expanded operations beyond that 110 sq. foot area. Below is a quote from page 5 of that Aug. filing.
Item X. The nature and extent of the issuer’s facilities. OneFi currently leases a small space of approximately 110 sq. feet for $226 per month, and currently keeps its office equipment in storage for $220 per month. We plan to move our location within the next 90 days as our operations expand.
Around 240 days have past without revenue to suggest any expansion will be happening. The company has never reported revenue since the symbol change to ONFI. It appears ONFI is in the business of declaring a loss. It's one activity they are consistently good at. What happened to the financing commitment? LOL.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.