AI
Wednesday, October 24, 2012 3:17:21 PM
ONCI up approx 80% since my email alert from the Dugout at opening bell yesterday 
traded $85,000 so far today
Hello everyone.
My new penny pick is ONCI - On4 Communications, Inc.
76,294,124 common shares issued and outstanding as of September 13, 2012
This is a low floater that recently announced in a news release that they are going to have a company name and symbol change:
VANCOUVER, Sept. 20, 2012 /PRNewswire via COMTEX/ -- On4 Communications, Inc. ("On4") (OTCQB: ONCI) would like to update shareholders on the pending name and symbol change. As previously released, On4 is in the process of changing its corporate name from On4 Communications, Inc. to NetCents Systems International Ltd. The new name has been reserved with the State of Delaware, the necessary resolutions have received shareholder approval and all required documentation has been prepared and is expected to be filed within a few days. It is anticipated that the name and symbol change will be in effective prior to October 31, 2012, in time for the planned closing of the share exchange agreement previously signed between On4 and NetCents Systems Ltd.
About On4
On4Communications is a development stage company focused on wireless and onlinepayment technologies. On4 is actively looking for acquisitions and merger opportunities within these industries. On4 has identified NetCents Systems Ltd., (www.net-cents.com), a technology company that is on the verge of establishing itself as a global contender in the online payment industry. On4 has a signed agreement in place with NetCents and will be facilitating the global rollout of the NetCents platform.
On December 15, 2011 On4 entered into a definitive Share Exchange Agreement with NetCents Systems Ltd. ("NetCents") where at closing On4 will acquire 100% of the issued and outstanding shares of NetCents and NetCents will become a wholly owned subsidiary of On4. The Company is a Development Stage Company, as defined by Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 915, Development Stage Entities, and has not yet generated significant revenues from their intended business activities.
About NetCents
NetCents is an integrated, international financial transaction hub that delivers a 100% secure, self-administered and anonymous payment system developed for the purpose of making safe online purchases and money transfers.
The NetCents technology is simple, innovative and works in harmony with existing banking platforms. Triggered by a valid email address, it provides a real-time, two-way flow of funds over the web while protecting users from identity theft or credit card fraud and can significantly reduce transaction costs for Merchants and consumers.
NetCents provides the merchant with the means to connect with all consumers whether or not they hold direct access to a credit card. This payment option for consumers and merchants provides peace-of-mind with no fear of identity theft or credit card fraud.
Here is the daily chart:
stockcharts.com/h-sc/ui?s=ONCI&p=D&yr=0&mn=3&dy=0&id=p89272184667
More info on share structure, news, filings, etc can be found here by entering the stock symbols:
http://www.otcmarkets.com/home
Trade smart and all the best,
MrBigz
traded $85,000 so far today
Hello everyone.
My new penny pick is ONCI - On4 Communications, Inc.
76,294,124 common shares issued and outstanding as of September 13, 2012
This is a low floater that recently announced in a news release that they are going to have a company name and symbol change:
VANCOUVER, Sept. 20, 2012 /PRNewswire via COMTEX/ -- On4 Communications, Inc. ("On4") (OTCQB: ONCI) would like to update shareholders on the pending name and symbol change. As previously released, On4 is in the process of changing its corporate name from On4 Communications, Inc. to NetCents Systems International Ltd. The new name has been reserved with the State of Delaware, the necessary resolutions have received shareholder approval and all required documentation has been prepared and is expected to be filed within a few days. It is anticipated that the name and symbol change will be in effective prior to October 31, 2012, in time for the planned closing of the share exchange agreement previously signed between On4 and NetCents Systems Ltd.
About On4
On4Communications is a development stage company focused on wireless and onlinepayment technologies. On4 is actively looking for acquisitions and merger opportunities within these industries. On4 has identified NetCents Systems Ltd., (www.net-cents.com), a technology company that is on the verge of establishing itself as a global contender in the online payment industry. On4 has a signed agreement in place with NetCents and will be facilitating the global rollout of the NetCents platform.
On December 15, 2011 On4 entered into a definitive Share Exchange Agreement with NetCents Systems Ltd. ("NetCents") where at closing On4 will acquire 100% of the issued and outstanding shares of NetCents and NetCents will become a wholly owned subsidiary of On4. The Company is a Development Stage Company, as defined by Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 915, Development Stage Entities, and has not yet generated significant revenues from their intended business activities.
About NetCents
NetCents is an integrated, international financial transaction hub that delivers a 100% secure, self-administered and anonymous payment system developed for the purpose of making safe online purchases and money transfers.
The NetCents technology is simple, innovative and works in harmony with existing banking platforms. Triggered by a valid email address, it provides a real-time, two-way flow of funds over the web while protecting users from identity theft or credit card fraud and can significantly reduce transaction costs for Merchants and consumers.
NetCents provides the merchant with the means to connect with all consumers whether or not they hold direct access to a credit card. This payment option for consumers and merchants provides peace-of-mind with no fear of identity theft or credit card fraud.
Here is the daily chart:
stockcharts.com/h-sc/ui?s=ONCI&p=D&yr=0&mn=3&dy=0&id=p89272184667
More info on share structure, news, filings, etc can be found here by entering the stock symbols:
http://www.otcmarkets.com/home
Trade smart and all the best,
MrBigz
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