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Posted On: 10/25/2017 5:23:43 PM
Post# of 40990
Re: OldSaltDawg #1107
I just don't believe that many of these "contracts" will come to fruition in the time period that they claim. Your key word "reported" are just PR's and are not in any official filings. The PPS rose on these promises of revenue yet the shares are off 50% since more is known about the share structure and debts now.
The CEO claimed to have hired a reputable accounting agency and then went as far as claiming he'd post the engagement letter on the ON4 Twitter account. Which never happened based upon looking at the Twitter feed. Guess he forgot or maybe posted it somewhere else.
Not sure how he is going to pay for production of all these units. He'll need a lot of cash up front or maybe he plans to "borrow" against the AR.
The CEO claimed to have hired a reputable accounting agency and then went as far as claiming he'd post the engagement letter on the ON4 Twitter account. Which never happened based upon looking at the Twitter feed. Guess he forgot or maybe posted it somewhere else.
Not sure how he is going to pay for production of all these units. He'll need a lot of cash up front or maybe he plans to "borrow" against the AR.
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