Replies to post #160719 on On4 Communications Inc (ONCI)

[mikeystrat]

Maybe, if people fall for the audit fins again. I'd like to get out unscathed with a lesson learned.

[QTRADERQ]

A penny in 2018? ..not likely. Maybe you get a one-day 3/14-3/15 rally like last year. Beyond that I don't expect any of the major promises to be kept (ie FINRA approval, CO move, 1.4 bil share reduction, Delaware repayment, audit), and with Steve not having enough cash to pay the bills. He's forced to issue stock to pay vendors to avoid involuntary bankruptcy. LAM diluting. LAM 2 later this year. Eventually, the 3.94B OS is going to approach the 5.03B AS, and then what...a RS...just like what he did at his predecessor.

So disappointing What has happened here. Will we ever see a penny again?

As always. JMO