If anyone has a doubt if this little penny stock is a sound and well thought out company, read pages 10 - 13 of the 10Q shown above for a brief history of where we came from to where we are now. Not much cash shown in the 10Q, but its positive, which by itself is amazing for a start-up. I expect the next Financial Statement will be an eye opener for investors. So much has been accomplished by our CEO in such a short time. This week will prove to be a huge (yuge) catalyst and the next 30 days should bring so much attention to the company that shares may become hard to come-by. I had intended to sell a large percentage (20%) of my holdings when the pps reached $.02 to recoup my investment and add to my retirement account. That won't be happening now as I can't think of any investment producing the kind of returns which I expect from ONCI (soon to be HEXA).
At some point I would expect we may experience a reverse split. I know the connotation of reverse splits is terrible, however in many instances it is wonderful for investors. It will lower the outstanding share count and raise the share price. As everything with this company is running at full speed, investors will continue buying which will only continue to increase the pps.
All this is in my own opinion as a long-term investor.
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'Everything works out in the end,,,If it hasn't worked out,,it's not the end'
Category: StocksTotal Views: 125 By : Riley HayesUpdated: 08-15-2024
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Category: StocksTotal Views: 222 By : Lucas YoungUpdated: 08-14-2024
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