Replies to post #6133 on Oncolix Inc. (fka ONCX)

[dabullishbear]

Why would a reverse split cause the price to fall? If anything the price will go up because there are less shares and any amount of buying pressure will send PPS sky high.

[dabullishbear]

The price can fall regardless of whether or not a reverse split happens.

So you mean to tell me that Redman's master plan is to reverse merge Oncolix into AEPP and effectuate a reverse split all in the name of forcing the PPS to fall???

Redman is the most invested one in this out of anyone. Is he shorting his own shares? Obviously whatever move he makes with this merger is going to be in an effort to maximize ROI.

This is all my opinion and I could very well be wrong.

[reaper247]

LOL ninersax,

I don't see anyone making any guarantees of anything, except for a couple of folks who claim a reverse split is definitely going to happen.

The ironic thing, is that the AEPP R/S described in the outdated 8-K/A, can no longer happen and new management hasn't filed anything to indicate a reverse split is even being considered.

GLTU, IMO and FWIW.

[reaper247]

LOL, ninersax....I am not offering guarantees of grandeur, only the recipe if everything goes right.

Lets say a current AEPP shareholder has 50,000 shares.

If the completion of the AEPP/Oncolix reverse merger happens cleanly, we could potentially see $1.00 or $2.00 per share. Certainly within the realm of possibility.

That would be a nice gain.

From there, Oncolix could file their S-1 and S-1/As to begin the NASDAQ listing process.

Fast forward a year or so, and the CERTNAS filing is posted.

A 1 for 10 reverse split at that point would land a NASDAQ listed Oncolix in the $10 to $20 range, which would be a high enough share price to support options trading if there is enough volume.

That current AEPP share holder would be left with 5,000 shares.

This is where the potential recipe for grandeur comes in to play.

That AEPP shareholder could contact their broker and request a level 1 trading tier status and become a covered call options trader.

Once approved, that shareholder could potentially collect $1 in premium for every monthly contract they write, near or out of the money depending on demand.

By selling 10 contracts in a month, with each contract representing 100 shares, they could potentially collect $1000 a month on the contracts alone.

Here is the beauty of that.

If the price does not reach the agreed upon strike price, that Oncolix shareholder keeps both the premium and their shares, to collect premium again the following month by writing new contracts.

If that strike price is reached, that same holder will keep the premium and their shares are “called away” at the higher price.

That means the shareholder is both keeping the premium AND selling their shares at the higher price to whoever purchased the contracts.

Any gains or losses from there are the responsibility of those who executed those contracts.

Just saying that even current AEPP shareholders with modest positions could potentially see gains that haven’t even been discussed much here.

Sorry for the long post, I just had some free time tonight to elaborate on some of my previous posts.

IMO and FWIW.