Tuesday, December 13, 2011

ONTC - Amir Surpasses the 100 million share mark

Yesterday another purchase was reported by Amir, as well as an ownership document which showed the number of total shares owned and their cost:

The Reporting Person acquired the 107,295,236 shares of common stock in open market transactions through his brokerage account(s) for a total of $134,091.70 paid for them or $.0012 a share. Today the stock closed at $.0004. I think the stock remains one to watch considering the heavy buying we've seen from Amir. If this keeps up, and the company stops diluting, we could see a sharp rally from here.

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