<<Yes, ONTV looks like a fine stock for the gullible. You've got a non-filing OTC BB company, with a lot of hype surrounding it, plus an unbelievable price jump in one day. Wow! What a concept! Get rich by selling Ronco products on the Internet! I can just picture it - RealVideo clips of Ron Popeil yelling "But wait -- it slices, it dices, it juliennes"... I'd suggest people read sec.gov first before buying any ONTV shares.>>
Paul I would suggest that you do some research before making statements like the one made above(fraud). ONTV has more promise than you might think. I have owned this stock for over 2 years with an average price basis of .13. You are dealing with a multi billion dollar industry, and RONCO and ONTV are the undisputable leaders. Even though the products they sell are gimmicky, they WILL eventually sell billions of dollars worth. For example, does anyone remember the "mood ring" or the "pet rock"? Believe it or not, they were developed by my family! Both were total gimmicks, but guess what. People bought 100's of millions of those items. Had the internet been around back then we would have sold 10X's that amount. RONCO has much more power than you think. Do you know anyone whom hasn't heard of Ronco (Ron Popeil)? Do yourself a favor and look up some information on Ron Popeil. You will see that he is a true self-made millionaire and is a very savvy business man. He knows how to make serious money and has proven it beyond a shadow of a doubt. Whether people laugh at his products or not, you can be sure that most people in the western world have either purchased or know someone whom has purchased one of his products. Getting back to ONTV, think about 7.5 million shares @ under $1.00. Ron Popeil has the ability to make $100 million just on one winning product. Their is no reason why this company will not eventually make as much money as a CDNW, or an ONSL, or EGGS, or KTEL, or BAAM. These items make much more than do books and music cd's. I am not saying that this is a sure thing and that it will not have its ups and downs. What I am saying is do not underestimate the power of RONCO industries to generate money. NOW THAT RON POPEIL IS ONBOARD, THIS STOCK IS WAY UNDERVALUED. It might not be a $100 stock, but it certainly has no right trading at .80 with such a big name behind it. No need to worry though, because with such a small float, it won't be undervalued for very long.
Ron Dior |
