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  4. On4 Communications (ONCI) Message Board

It's funny how others (not you) say I'm lying abou

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Post# of 40991
(Total Views: 302)
Posted On: 04/24/2019 10:36:14 AM
Posted By: tigerpac
Re: califax #31869
It's funny how others (not you) say I'm lying about the OS being almost maxed out when it clearly states in the Attorney Letter , as you have pointed out..(as per the date of the attorney letter, 4/23/19).

The Company has 5,000,000,000 (FiveBillion) authorized common shares and 30,000,000 (ThirtyMillion) Preferred Shares of which: 4,962,504,870 shares of common stock (1) and 30,000,000 shares of Series A Preferred Stockare issued and outstanding as of the date. And it clearly states the 1.4B shares will be cancelled only AFTER the company moves to CO and becomes HEXA.

What if Onci is unable to move to CO because of the preferred stock issue? Canouse is still owed about 115 million shares, assuming all the prior dilution over the past three months was theirs.

You guys should know by know that I'm not lying. I just know how to read the fine print.

>> no more dilution or a RS is necessary!


(1) The Company’s CEOhas stated that he will be canceling 1,400,000,000 common shares upon the completion of certain corporate actions including the Company being redomiciled in Colorado and the amendment of the Certificate of Designation of the Series A Preferred Stock.



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