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  4. On4 Communications (ONCI) Message Board

Since June, about 400 mil bought at 3. The note ho

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Post# of 40991
(Total Views: 443)
Posted On: 09/04/2019 1:10:43 PM
Posted By: Dody
Since June, about 400 mil bought at 3. The note holder can only make some money at 3 from the 110 mil shares issued against the note due on 7/2. They could have gotten those at 0.00025. Not even sure if they have been issued.

The 250 mil difference from OS cannot make money at 3. They were converted at 5 and higher.

The past due notes amount to 256 mil at 0.0005. Since they are notes from the early time, they should have been at least 0.0005, again if shares were issued against them.

With that in mind, who then sold 400 mil shares at 3, where the total possible dilution by my account is 110 mil that were gotten at 0.00025 and 256 mil that were gotten at 0.0005 or higher.

We shall see what is going on when Q3 is filed on Monday,September 16.


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