Wednesday, December 7, 2011

ONTC - More Open Market Purchases Reported


On November 1st, 2011 AMIR KAMMONA reported via a Form 3 that he had acquired 27,109,502 shares of Common Stock in open market transactions through his brokerage account. From that date until today's new Form 4 AMIR KAMMONA has increased his stake in ONTC more than 3 fold and now holds close to 100 million shares of stock all of which have been purchased in the open market since November 1st and are valued at close to $60,000 as of today's close.

Today's 2 million and 800k purchased by Amir show up on today's ONTC tape at 9:57 and 11:35 so they are indeed real. Some great questions: Who is AMIR Kammona , why is he buying up ONTC stock with such vigor, and will he continue to buy more? Stay tuned.

1 comment:

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