Replies to post #238981 on On4 Communications Inc (ONCI)

[DewmBoom]

I agree with the tactic, as the there is no cost to pay anymore. The CEO now is in full control. He is working on his own pace now feeling very comfortable.

The share price is under valued. The fact that he does not need to dilute for the next 7 months, he does not really care about short term shareholder reaction anymore. If the share price dips, he is very comfortable to buy shares at the ultra cheap and buyback his donated 1.4 billion shares.

That is the best stock to be in right now. Read CEO shareholder value statement below. Only bullish investors and longs will ultimately benefit here.

SHAREHOLDER VALUE

I have always believed this from day one we should try and find a way to unlock shareholder value. I thought with the share reduction of 1.4 billion shares we would be able to do that . According to my legal team this reduction would be a positive for the stock. I guess they were wrong. That being said we are looking at additional ways to give value back to the company. I have met with 2 German hedge funds who are interested in making an investment in our company. We would not consider anything at less then an .0085 value or higher. We are also looking at a company buyback of shares as well as myself buying shares on the open market. I believe that our company is in an amazing place and I am willing to put my money where my mouth is. We are looking at many different opportunities and we will keep you informed of which one we take. The share price is so under valued here I hope you keep your shares and don’t let the (removed word) MM steal your stock. Of course these are just some ideas and nothing is set in stone. I will be updating our shareholders if anything moves along or changes.

https://www.globenewswire.com/news-release/2019/07/01/1876945/0/en/On4-Communications-Inc-Announces-Update-To-Shareholders-June-2019.html