Replies to post #142472 on On4 Communications Inc (ONCI)

[QTRADERQ]

also about the filing under ONCI,at this point why not just file under HEXAGON? Isn't that a possibility?

No, that's not possible in financial reporting. ONCI's Balance Sheet was as of 10/31, and the Income Statement was for the 12 mos ended 10/31. The proposed merger had not occurred on those dates. On4 Communications is responsible for that filing.

Hypothetically, if the ONCI/ Hexagon merger was completed on 1/15/18, then each entity would be responsible for the follow filings:

On4 Communications:
Balance Sheet - as of 1/15/18
Income Statement - from 11/1/17 -1/15/18
Statement of Cash Flows - from 11/1/17 -1/15/18

Hexagon
Balance Sheet - as of 1/31/18
Income Statement - from 1/16/18 -1/31/18
Statement of Cash Flows - from 1/16/18 -1/31/18