Replies to post #5285 on Oncolix Inc. (fka ONCX)

[kwisatzhaderach]

Do we? I'm still not certain.

From their latest SEC filing I found this:
As of April 2017, the Company has no cash, no tangible assets and no intellectual property, and is currently dependent on its majority stockholder, Oncolix, to fund its corporate activities on a month-to-month basis. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it develops or acquires an operating business and becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.

In order to continue as a going concern, the Company currently is dependent on Oncolix to advance funds for the Company’s corporate activities. However, management cannot provide any assurance that Oncolix will continue to fund such activities, or that the Company will be successful in accomplishing any of its plans to acquire or develop operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.