Replies to post #179749 on On4 Communications Inc (ONCI)

[BigBadWolf]

Originally was 1.5B till $$Berman took out 100m 4sale to be retired. btw reclassification is not retirement. ;-) how long ago was that promised.
https://ih.advfn.com/p.php?pid=nmona&article=77684015

No HICKSup here.

[Cimba]

I'm a little confused over this. Steve Berman has promised to retire 1,400,000,000 of his shares. I admit that I am by no means the most experienced investor but the seems to me to be a very rare action.
So he sold off 44,000,000 of his shares, for what ever reason, taxes I heard? They are HIS shares. The documentation seems to say he did it legally. My point is that I am reasonably certain that there is more than a couple of investors here that could do the same.
I guess that he has a right to sell off all 1.4 BILLION if so inclined and done legal. IF he were the scam artist that so many seem to claim, Is that not what he would have done?