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  4. On4 Communications (ONCI) Message Board

Yup just rip the bandaid off already and get this

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Post# of 40991
(Total Views: 341)
Posted On: 03/19/2019 10:27:39 AM
Posted By: Pharm07
Re: Pianowire #29271
Yup just rip the bandaid off already and get this crap over with. negative side Toxic funding sucks especially at the terms they have which I guess if you think about it he needed money quick so they set the terms. Who agrees to a 50% discount unless you're in a pinch for fast cash..idiotic. But OTC pink land is the nature of the business we aren't special that we use toxic lenders, granted it pisses me off he said no more LAM type loans which would lead one to believe no more toxic funding of any kind but guess at this point we can't assume anything just take it at face value. "positive side" he needed quick cash, granted some was for working capital but with the totality of the loans (which is all that much 288K) and some of it has already been paid off, and the A1 offer one has to think whats he working toward, what's on the horizon.
To me it just seems like at this stage of the game he really doesn't care about the share price and the longs are collateral damage.
At some point, this will rebound, when no one knows.


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