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On4 Communications ONCI
(Total Views: 565)
Posted On: 09/13/2019 9:25:43 PM
Post# of 40991
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Posted By: mary777
Re: Dody #36813
Dody--I noted the same 'positives'. But one cannot ignore the ongoing dilution that is taking place. Why the need for so much dilution if the company is booking profits?

And the dilution of shares at .0002 does nothing but continue to cut into our profits. They cannot be raising that much cash selling shares at .0002. If SB was so confident in the health and future of the company, then why milk it for chump change?

The share reduction is now looking more and more like a ruse. His retired restricted shares are now slowly turning into shares in the hands of the Canouses and the float.

SB keeps loaning the company money and the company owes him over 3 million. That leaves shareholders in the dust should be close up shop.

He has a ton of explaining to do to his shareholders and I truly fear another bunch of forward-looking nonsense. I hope my concerns are wrong.

Look, I've been here a long time. I love the product and invested in it, not in the shenanigans he is pulling.














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