Think of it like this as an example...red flags
ONCI in Q1 does $1000 in sales with a cost of sales of $200, and an Accounts receivable of $800.
In Q2 they again do $1000 in sales with a cost of sales of $200, but Accounts receivable is now $1600
In Q3 again the same $1000, $200 cost of sales, but Accounts Receivable has grown to $2400
This is the same pattern that ONCI is showing except for the number varying more from Quarter to quarter.
The accounts receivable grows by the gross margin amount, BUT DOES NOT DECREASE as it would if anybody was paying.
NOBODY IS PAYING that is the problem.
ONCI has sold 400 million shares over Q1 and Q2. That is they way they are making ends meet.