Sleeping like a baby: Based on the latest finan
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Posted On: 09/17/2019 5:30:04 PM
Sleeping like a baby:
Based on the latest financial statement, the company has toxic notes of $178,000:
$45,000 due on 12/1/2019
$80,000 due on 3 or 4/2020
$53,000 past due and can be diluted anytime.
Due to shareholder massive selling, the $53,000 will need to be issued at 0.00015. That will amount to 353 million shares. Essentially, the CEO is obligated to either pay them today or issue shares against them if the Canouse wants his money.
If shareholders continue to dump their shares, we also have $45,000 due on 12/1. That is another 450 million shares to be issued at 0.0001.
If you are concerned about dilution and that is how you view the company, you are welcome to sell and exit your position. I am ready to buy as many of your shares as possible. Hopefully the CEO will do the same.
Based on the latest financial statement, the company has toxic notes of $178,000:
$45,000 due on 12/1/2019
$80,000 due on 3 or 4/2020
$53,000 past due and can be diluted anytime.
Due to shareholder massive selling, the $53,000 will need to be issued at 0.00015. That will amount to 353 million shares. Essentially, the CEO is obligated to either pay them today or issue shares against them if the Canouse wants his money.
If shareholders continue to dump their shares, we also have $45,000 due on 12/1. That is another 450 million shares to be issued at 0.0001.
If you are concerned about dilution and that is how you view the company, you are welcome to sell and exit your position. I am ready to buy as many of your shares as possible. Hopefully the CEO will do the same.
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(3)On4 Communications (ONCI) Stock Research Links
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