Replies to post #17812 on Oncolix Inc. (fka ONCX)

[reaper247]

Hey there BLight,

Just my thoughts moving forward with ONCX.

The 8B A/S is something for everyone to take into consideration.

Its been noted several times that Greenville Health and custodian Spence Taylor. MD (president of Greenville) is the principal shareholder that holds controlling interest in ONCX, along with the relatively small block of shares owned by CEO Michael Redman.

That voting block consisting of common shares and generic convertible preferreds is roughly 140M shares. There are a few insiders who own small blocks that make that controlling interest of the company a bit higher.

They cant dilute beyond roughly 300M without surrendering controlling interest of the company.

That’s not gonna happen anytime soon.

We should be watching FLSOS, short term, to see if there is an amendment to the AOI, introducing a new class of preferreds.

Might give us a clue on what is happening.

Hope everyone has a great weekend.

IMO and FWIW.