$ONCI - Ongoing DD SHARE STRUCTURE $ONCI tweeted yesterday that the o/s is 396,944,398 but last week had reported "just under 450,000,000 shares outstanding." Is the o/s shrinking? Seems to be! https://twitter.com/on4company/status/732541491562881024 @on4company @mccombs83 As of the close of business yesterday ONCI's o/s is 396,944,398. Thank you for contacting us. 7:01 AM - 17 May 2016 $ONCI news...http://finance.yahoo.com/news/on4-communications-emerges-extended-quiet-200100013.html On4 Communications Emerges From Extended Quiet Period Marketwired ON4 Communications, Inc. ON4 COMMUNICATIONS INC. Financials EDGAR Online Financials 5 mths ago More NEW YORK, NY--(Marketwired - May 12, 2016) - On4 Communications, Inc. ("On4") (OTC: ONCI) (the "Company") is pleased to announce that paperwork was submitted to OTCmarkets.com this week in order to upgrade the Company to the "OTC Pink Current" tier. The submitted paperwork included financials, updated Company information, and an opinion letter from Company counsel. On4 has also established a Twitter channel, @On4Company, as a means whereby to immediately begin communicating with investors as the Company aggressively moves out of an extended quiet period. As of April 31, 2016, On4 Communications had just under 450,000,000 shares outstanding with 218,000,000 of those shares being restricted. *************** NEW CEO Mr. Steve Berman is a native of New York with more than 30 years of sales success and executive leadership experience and a successful entrepreneur, having founded several companies and serving in the CEO role. He has been instrumental in capital financings for several public and private companies, including but not limited to start-ups and prerevenue businesses . Most recently, Mr. Berman co-founded 3DMC, a premier digital multimedia company, and served as CEO of Stealth Sports and Marketing, a consulting firm specializing in marketing and multimedia solutions to professional sports teams. Prior to working with 3DMC and Stealth Sports and Marketing, Mr. Berman held the position of Senior Vice Present at YES Network, the number one regional sports network. Throughout his career, Mr. Berman has developed key relationships in the top 10 markets, and was responsible for developing the adverting platform for YES, which ultimately resulted in significant sales increases for the Network. Prior to that, Mr. Berman served as Senior Vice President of Time Warner Cable NY, where he successfully grew the company's advertising sales from $11 Million to more than $100 million , and increased national sales by 200%, resulting in Time Warner Cable NY being the number one billing cable company in the U.S. In joining On4 Communications, inc. Mr. Berman's focus intends to be to lead several initiatives to build long-term shareholder value through the development of new sales and revenue opportunities, particularly in the $ 1.7 trillion health care industry. Above Info Taken from http://www.otcmarkets.com/financialReportViewer?symbol=ONCI&id=155382 Judging by the action in the stock and with what we know about Mr. Berman's associations, some have determined that there is much more than iHub money at work in the stock. CONFIRMATION that Mr. Berman spent 7.5 years as a VP at Time Warner NY -- "...Steve Berman who had been with the company for seven and a half years." http://www.multichannel.com/news/marketing/time-warner-s-king-fischer/294422 Here is new ONCI CEO listed as a VP at Time Warner ---> $ONCI NEW CEO Was VP at Time Warner Cable! http://time-warner-cable.new-york.ny.amfibi.directory/us/c/3658955-time-warner-cable Berman was also a Senior Vice President at YES Network which is a huge NY sports network and has strong ties to the New York Yankess baseball team. *************** THE CHART The $ONCI stock chart is in full uptrend mode!!!!
$ONCI consolidating nicely at higher levels anything under .005 is a no-brainer add. Especially with the tweet that came out this morning --> https://twitter.com/on4company/status/735830328141549568
Important filing out on OTCmarkets this past Friday --> http://www.otcmarkets.com/financialReportViewer?symbol=ONCI&id=155901
Price and moving averages has closed above its Short term moving average. Short term moving average is above its mid-term; and below long term moving averages. From the relationship between price and moving averages; we can see that: this stock is BULLISH in short-term; and NEUTRAL in mid-long term. http://www.allotcbb.com/quote.php?symbol=onci
I would not take any serious advice from some autogenerated script that reads TA when it comes to penny stocks. It only takes one big seller to ruin your day regardless of what the chart is saying.
