Traderboy from the OCT 18 PR> >We are pleased
Post# of 40991
(Total Views: 363)
Posted On: 12/09/2017 9:43:17 PM
Re: Traderboy1966 #2634
Traderboy from the OCT 18 PR>
>We are pleased to announce the removal of $1.8M in Long Term Debt. We settled this debt for 33 cents on the dollar. Our move to Colorado will show no long-term debt on our books. This was the last important step in our debt removal plan. Our increased revenues have all been reinvested in the company to be able to grow as fast as we have been. The reason this was so important to accomplish was the interest on the debt was a huge burden to our operations."<
http://www.otcmarkets.com/stock/ONCI/news/On4...18&b=y
With no long term debt and the convertibles paid off as
the next financial report should show there is no need
to dilute the shares anymore and SB confirmed this
as well in the last NOV 10 CC . He specifically said
in the CC the only reason he would issue more shares
is for acquisition and those would be RESTRICTED
for at least 1 year anyway.
Nevertheless I do agree with you it would help if SB
would release an 8K about some of these deals and
he told Instatrader in a phone call he's looking into
that with his lawyers.
>We are pleased to announce the removal of $1.8M in Long Term Debt. We settled this debt for 33 cents on the dollar. Our move to Colorado will show no long-term debt on our books. This was the last important step in our debt removal plan. Our increased revenues have all been reinvested in the company to be able to grow as fast as we have been. The reason this was so important to accomplish was the interest on the debt was a huge burden to our operations."<
http://www.otcmarkets.com/stock/ONCI/news/On4...18&b=y
With no long term debt and the convertibles paid off as
the next financial report should show there is no need
to dilute the shares anymore and SB confirmed this
as well in the last NOV 10 CC . He specifically said
in the CC the only reason he would issue more shares
is for acquisition and those would be RESTRICTED
for at least 1 year anyway.
Nevertheless I do agree with you it would help if SB
would release an 8K about some of these deals and
he told Instatrader in a phone call he's looking into
that with his lawyers.
(0)
(0)