Trading Update ONCI issued shares in Q4 just li
Post# of 40989
(Total Views: 367)
Posted On: 09/26/2019 11:02:11 AM
Trading Update
ONCI issued shares in Q4 just like they did in on 5/1 at the beginning of Q3. Those were issued at 0.00015 including the 50% discount.
The maximum number of shares that are issued should be 353 mil at max to cover past due notes.
As of today, we have close to 200 mil shares sold at 0.0002. Also the bid still has about 200 mil. Essentially, the note holder already have liquidity to dump all shares, with only 153 mil left.
This is really good. The only bad thing about it is I can’t figure out how much investor dumping is playing a role here, as we have over 750 mil shares traded in Q4.
Hopefully, the CEO is grabbing all these 2s.
Read my post again and again from 9/18 to understand what you are seeing right now.
https://investorshangout.com/post/view?id=5542102
ONCI issued shares in Q4 just like they did in on 5/1 at the beginning of Q3. Those were issued at 0.00015 including the 50% discount.
The maximum number of shares that are issued should be 353 mil at max to cover past due notes.
As of today, we have close to 200 mil shares sold at 0.0002. Also the bid still has about 200 mil. Essentially, the note holder already have liquidity to dump all shares, with only 153 mil left.
This is really good. The only bad thing about it is I can’t figure out how much investor dumping is playing a role here, as we have over 750 mil shares traded in Q4.
Hopefully, the CEO is grabbing all these 2s.
Read my post again and again from 9/18 to understand what you are seeing right now.
https://investorshangout.com/post/view?id=5542102
(0)
(0)On4 Communications (ONCI) Stock Research Links
Scroll down for more posts ▼