InvestorsHub Logo

ihubposter

10/30/07 2:08 PM

#14375 RE: jean1057 #14372

It would benefit Dean if he needs the toxics to contribute more money. The fact is this, any new money that has come to ONEV in the last two years has been on the backs of the retail shareholders. In other words, the toxics started by giving 'x' amount; on a run up, they convert their shares, sell them at the top (either with shares in hand or naked short selling - which is my belief as to why ONEV has ended up several times on the list in the last two years), in which process they are making all of their money back and more, then simply reloaning to ONEV the proceeds made on the sells for more convertible shares - lather, rinse, repeat. And the fact is, in the last two years, every SEC 10-K and Q has indicated that ONEV will continue to need money, and that they will continue to work with their existing convertible funders. The funders give because not only is it no longer no sweat off their back, but the return to them is incredible through the conversion process. Dean needs money still, the recurring revenues are not there, and so it DOES behoove for the shampooing to continue.