soundboard, that notice is tucked away in the revolving files with the LOIs, MOUs and M-O-U-S-Es like MOT, INTC, IBM, MSFT, LU, DELL, Cannon, Telmex, Mexican Yellow Pages and the 100 or so other blue chip names ONEV management have "dropped" in PRs over ten years. It isn't about actually generating revenue with ONEV. Think about that. You never hear anything about revenue from ONEV's promoters. It's only about the opportunity to mention a "deal". The formula, you see, is the following:
1) ONEV sees that millions of shares from their toxic funders are about to convert and knows that they themselves need more cash from those same toxics. They also know the toxics need a friendly, rising market into which to dump all those shares at huge profits. Which will cause them to return to ONEV and buy more shares.
2) So, ONEV buys a license from a blue chip company or approachs them with a deal like "ONEV will install, at our total expense, all the equipment you need to deploy our MV service. We will pay for equipment, tech labor and any and all modifications necessary to your system and then, if anyone signs up for the service, we'll give you 2/3rd's of the revenue".
3) Then, if they signed a simple licensing agreement to port MCC to a new MSFT O/S for instance, they issue a PR like: "ONEV and Microsoft sign agreement to work together on technology crucial to new O/S!" Then they send people out to start throwing numbers around the internet like how many BILLIONS of people use MSFT O/Ss and now ONEV will have access to those BILLIONS of clients and could generate revenue in the BILLIONS of dollars.
4) If it is a revenue sharing scheme, they annouce something similar like "ONEV signs agreement to deploy MV to a possible 20 million subs with Telmex! Probable deployment to occur following short testing period with Telnor!"
5) Now, they haven't baldfaced lied, they have just misled. So hundreds if not thousands of get rich quick penny stock "traders" descend on ONEV shares pushing the PPS into a short lived but steep spike. This allows the toxic funders to dump their shares rapidly at huge profits.
6) The share price of course, plummets when it is discovered soon afterwards that all is not as it seems and the LOIs or "agreements" are nothing at all of substance and a whole new level of stuck investors are created to sit and pump ONEV till the "next deal" comes along.
A vicious cycle which is sustainable only as long as the credibility of the company allows it to generate new PRs that have the power to spike the share price for more than a few hours or a day. Now that ONEV has borrowed $3M+/- backed by well over a billion discounted common shares and Telmex has apparently fallen through, their toxics may call that debt note in June of this year. Then ONEV will be put into a position where they must come up with a killer PR flurry to spike the price for the toxics to dump those shares.
This is why I subscribe to the theory of the "reverse merger". This would allow ONEV to produce SCREAMING HEADLINES about how "Investment Group from North America tenders offer to buy out One Voice Technologies, Inc. at $XXX per share!" Then you have Weber put up a pretend fight that the price it not enough and they want more, yadda, yadda. In the meantime the penny speculators would be buying millions of shares on the speculation the price could go higher. All the while, the toxics dumping them into the market as fast as they take them up. Now, back in La Jolla, what the PR DIDN'T reveal is that the "Investment Group" which is simply another shell with millions of shares priced at a much higher multiple than ONEVs (say 200 to 500 times) will be merging/buying ONEV out not for cash but in a share exchange. Which will pay off all ONEV's debt with shares and give ONEV shareholders new shares of the mergered company. Which, of course, due to the horrendous dilution factor, will soon be worth (split adjusted) maybe 33% to 50% of what the old ones were once it becomes known what has happened. A ton of new shares will be dumped and the once much higher multiple price will decline eventually to settle at perhaps a tenth of what it was. The "Investors" will seat Deano and Rahoul where they were and by the power of the originally much higher priced shares, still have millions more shares to sell to the toxic funders to raise cash as needed. And since they never performed an A/S increase, that will once again become an option. Then more licensing and more deals, on and on.
Current shareholders wiped out. New company, same scheme. Millions more shares to sell for cash. I tell you, it's great work if you have the lack of ethics and morality to participate in it. IMHO.
SBB