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The Bridge
(Total Views: 160)
Posted On: 12/10/2017 9:35:23 AM
Post# of 127014
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Posted By: OldSaltDawg
Re: wowhappens28 #6244
Let's hope. The CEO is releasing unaudited Financials for the Third quarter on Friday. ONCI has some huge sales and revenues during that period which is not normal for a start-up. The CEO has hired Mazars to provide the annual audited FINS which are due at the end of January. Lots of good news and information has been coming out. The problem we have had is the CEO authorized a buy-back of a loan taken out prior to him taking over and restructuring the company. He negotiated the loan amount down but it was paid back in stock. As I recall the lshares had to be paid back within 90 days which puts us in that timeframe now. Hopefully the shares have finished diluting the PPS now.

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