Ben,

There is a presentation that I will try to find over the weekend.

I understand the issues with the company being new. That is still no excuse for some of the behaviour I have seen. PI Financial appears to be taking advantage of (ie. abusing) their market maker exemption. They are virtually always one side of the important trades (the ones that drive the price large in either direction). Knowing how crooked the Canadian Investment Banks are, this does not surprise me.

After further review, shorting does not need to be involved at all. Again I ask, why does ONCO need a market maker?

Robert Vanier recently announced a $100 million drilling program. With $20 mil in the bank and minimal cash flow, that means financing... I think the price is being driven low on purpose in anticipation of a financing.

I am only a very minor player in this company, however ONCO shares were a large investment for me. I have been invested since the first financing and since that time I have become a much more sophisticated investor. ONCO's answers no longer satisfy me.

I just want some answers from ONCO. I would like to see them show more good faith. Part of the reason the shares dove is because the company was bullshitting the original investors for so long that as soon as ONCO went public a LOT of early investors jumped ship.