For On4 Communications, Inc., stock OTC ticker symbol ONCI #ONCI $ONCI, on the week of August 15, 2017, I wanted to state my opinion about the stock. Today it is currently trading on the OTC markets up 5.26% to .004 per share. The float is 1.66 billion or so shares as of June 15, 2017. There is rumored to be a 1.5 billion share reduction coming soon.
If the share reduction happens, in my opinion this will be a boon for the stock.
Some deals have been signed apparently, and I am seeing a 500 member law group being stated to be in the group of deals in process and/or signed already. Chrysler and Ford are also rumored to be in the works. If these deals come through, the stock is a buy in my opinion. What are your thoughts on this? Please post in the comments section.
In full disclosure I must disclose that I have no position in ONCI.
If the share reduction happens, in my opinion this will be a boon for the stock.
Some deals have been signed apparently, and I am seeing a 500 member law group being stated to be in the group of deals in process and/or signed already. Chrysler and Ford are also rumored to be in the works. If these deals come through, the stock is a buy in my opinion. What are your thoughts on this? Please post in the comments section.
In full disclosure I must disclose that I have no position in ONCI.
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