Replies to post #153179 on On4 Communications Inc (ONCI)

[LancelotLink]

I'm no CEO, but my lawyer would have quite a few heavy duty assignments on his desk with very strict deadlines. If they pass, my lawyer gets fired and I notify my investors of the personnel decision. Tim Owens can be contacted and forced to comply in a snap if his lawyers are worth their salt.

[CuzMoneyMatters]

Subpoena, I'd say. That's what I would do. Owen was clearly a fraudster so let HIM pay!

[BrokeAgent]

I believe they need two years of audited financials to uplist, so it will just take longer.

[GS1]

money talks lolzzz :-)

[jrf30]

"Question...what happens if Tim Owens never gets back to SB?? Audit will never happen??"

Then we have to wait for time. Since we need to audit two years, and Steve came on board in 2016, we would have to wait until later in 2018 at least. Probably early fiscal 2019, and then audit 2017 and 2018 years. Yes it could be a delay. But the audit only prevents the uplisting. The financials can still come out, the company can still run, the deals can still be signed and implemented. the only thing not able to happen is the audit.

that is what I read between the lines. I think the audit shall be delayed, due to this, and if we don't hear back then the audit shall be delayed for a longer period of time.

But i TRUST his financials to be pretty accurate and not fluff. So the company is moving forward, with OR without audited financials. ANd as the contracts come to fruition and start showing revenue, they shall be great for the stock. A gain, with or without audited fins. And when we CAN audit them, maybe in a YEAR at the WORST case, then we see it all and continue to grow. but we do so from a higher position, as we still have higher revenues and valuations at that time.

IMHO