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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ)

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To: MasterConfucius who wrote (875)2/22/1999 8:59:00 AM
From: Jay D.  Read Replies (3) of 1140
 
ONTV: I'll tell you my opinion. ONTV is pure HYPE! You are NOT buying RONCO here you are buying the website provider who gets a SMALL commission on the RONCO sales. RONCO is a private company PERIOD. NONE of RONCO's sales/profits are realized by ONTV! Just a small commission!! How many website providers out there could do this for RONCO: probably thousands so this company probably got paid nothing for the website and is getting only a small (probably very small) commision. Why very small commission, COMPETITION, RONCO will give the business to whichever website provider gives the best deal and because ONTV won't disclose the commission %, I called the CEO and he won't disclose it, he also said the company will be going through reorganization this year and won't be reporting to the SEC till the end of the year at the earliest so what are you buying????
HYPE NOT RONCO.

Jay

ONTV is prabably making more money on the runup of the stock price than from commission from RONCO, this association "stuff" goes on in these BB stocks all the time. Until ONTV reports financials you have no idea what you are buying, just hype associated with RONCO, but remember THIS IS NOT RONCO!
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