You know he's probably an insider, don't you? He probably doesn't own any of those preferred shares. He probably sells them. He said back on February 2nd that he owned those preferred shares. He said he has 500 shares and gets $1,500 on the first of every month and that the checks have been coming on time. But, you'll note that those who bought preferred shares through December 31st were named in an SEC filing and none of them bought 500 shares. One had 1,500 shares and the "Wall brothers" bought less than 500 combined and way less than 500 a piece. Note that vargass called them the "Wall brothers." How did he know they were brothers? How did he know that Alison Helm paid $300k for her 1,500 shares when the filing said $375k? The company is sharing all this information with an investor? I'd say there is a very good chance he works for Omega Capital Street and would profit from the sale of more 2020 preferred shares. He's not pumping the common stock anymore because he knows it's going to stay in the toilet and get much worse and he's already pumped the heck out of the common shares before the reverse split and before price tanked this last time. He'll hold off on his pumping for a little while so he can pretend to have some credibility later and try to sell more preferred shares in the mean time. That's my guess.
It's funny how he talks about buying and holding when he also says there is going to be a massive reverse split, even more than 20,000 shares for 1 like before. How does that make any sense? Of course he's also said that he believes price will stay high enough for OCFN to uplist to the NYSE after the reverse split, though, and of course that $3 share price threshold isn't all that's required and they'll never meet the other requirements even if by some miracle share price stays at $3 a share. What he says here just makes no sense. He's either mentally retarded or works for Omega Capital Street (or both) or is at least very well connected with, maybe family of, someone who works there. I suppose we'll learn more about how many of those 2020 preferred shares have been sold in later SEC filings and we'll see if anyone bought 500 shares after 12/31/2014 but before 02/02/2015 (should be at least 30 days prior for him to have been telling the truth when he said the checks are coming on time). My gut tells me little of what he says is true. I think I know exactly who he is, but could be wrong.
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