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Microcap & Penny Stocks : ONPT (formerly LOTO)

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To: rustyjack who wrote (33)2/20/1997 11:51:00 AM
From: Stefan Habermayer   of 61
 
Ron - the "big guys" might come soon ?
I just realized the last trade in ONPT: A 12,500 Share BLOCK at Day
High of 1 3/16 (up 1/16 AGAIN).
Slowly I am getting break-even (incl. commission): Juhhhoooo !
Are you sure, that the machines in your town are from ONPT ?
That would be a really great news ! This would mean, that they really boosted sale - when you already see them at "certain street corners" !
(In which city are you living ?)

I am wodering WHY the 10-K is still not out ? Are they waiting for a bigger Receivables - to be included into the Quarter End Earnings ?
This would of course "enhance the share price" of ONPT. :)
Actually, per NASDAQ regulations you have to submit the 10-K MAXIMUM
45 days after Quarter End ... Maybe it is out - just we don't find it?

The 45 days regulations has been by the way confirmed in my "older times", so this NASDAQ rule is not a "ruomor" only.
On the other hand, Yahoo etc is bringing all news about ONPT ... so no
way that we "just did not see it". Also it seems to be a "mistake" now, that we did not buy some more - when we discussed at 15/16 ...
well I guess, that everybody is "always smarter later on".
Let be happy and not too unsatisfied !
Regards,

Stefan
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