jcrom56, you suggest a lawyer, but who is going to pay for them?
I have suggested a lawyer before. But, I now think it is prudent to wait. Stone has had some clear, definitive misleading statements. However, Strickland has only on that I know of, dealing with a time frame issue (which is forward looking anyway). Otherwise, the company is doing what they are saying. However, they have not been able to keep their deadline in the past so which think they can change that now.
I know this is a pink sheet company, so excessive risk is involved. As for WRDC, if a web base trading system is set up in the 4Q, then they have done what they say. However, they still need to test the system, which might be another 3-6 months. I hope not. We all want to make money.
Now if they decide to roll the company over to another shell, this might be grounds to pursue some action to inhibit such a transfer such that it would negatively influence ONCP shareholders interest. But, that would mean the shareholders will have to foot the lawyer bills. What is the end result if we were to do this?
I think we will just have to wait it out and see if they can actually:
1) Show the audited financials
2) Become an independent introducing broker
3) Have a web site for e-commerce.
At lease we are not at 0.0001 and having hundreds millions of shares being traded daily.
I think when ONCP has the three items mentioned above done, we will really start to see an upwards movement in PPS. They might not generate huge incomes overnight, but like any new company or product, as they hopeful get more clients, the business will grow. ONCP did have impressive returns, thus this should generate some interest to try the system.
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