I ON Digital Corporation (PK) (IONI) Quote

07:43 PM ET 04/15/2024

Dow Jones
I-ON Digital Corp. Announces Delay in Annual Report Filing
April, 15, 2024 -- (I-ON Digital Corp.) -- (NewsDirect) I-ON Digital Corp. (OTC: IONI), a company engaged in institutional-level asset digitization and securitization solutions, today
announced that it is continuing to finalize the review and audit of its fina...
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001580490/000149315224014726/form8-k.htm

~ $IONI ~

Lakota you are right ...I stand corrected

Hey 'Rio' - Maybe you know something I don't !

I saw where they filed for an extension, that gave them an additional 5 days.
The way I see it, they are 10 days past the extension period.
What am I mission ?

Don't be afraid to correct me, it won't hurt my feelings ! : Lol

~ $IONI ~

They did file their FORM 12b-25 on time stating it will be late and it says they will plan to file 10K within the allowable time they have left . Let's see if they keep their promise.....

Thank you Saj.
My preference is in area of Minas Gerais...very beautiful area and even better is the food!
There is a a special treat made there I enjoy called " Esfiha" its sort of a Brazilian Dumpling filled with minced meat Can be Pork, Beef Lamb or a mix. It's roots come from the settlers from Middle East thatcame to Brazil. It is baked in a triangular shaped pastry type dough...nice treat for quick snack
Let's see how IONI can get on track and get its docs filed soon!

Hi RioClaro, welcome to the board. I have a good friend that lives in Sao Paolo
guessing your preference is Rio?

I see the Potential too 'Rio' - Unfortunately . . .

They are late with filing their 10-K - Annual Report, and
that is a bit troubling. Probably nothing, but
. . . you never know !!!

I'm just wondering; "What's up with that" ?

~ $IONI ~

Lakota....from what I read so far I can see some potential in this one . I'm gonna keep a closer watch on this one going forward

By the way 'Rio' ; . . .

This little company seems to be in a quiet period, but
I think it has potential. Check it out, and . . .
let me know what you think !!!

~ $IONI ~

I like the idea of making money work for you, rather
than just working to make money !!!

Wish I had figured that out a little sooner in life !!!

~ $IONI ~

I have been traveling occasionally to Brazil. Have some investments in property there.
Always interested make $$ work for me rather than to just work for $$

Hi 'RioClaro' - Thanks - good to see you again too !!!
Have you been out of the country, haven't
seen you for quite a while ?

~ $IONI ~

Hi Lakota...nice to see you here

Good Post 'saj' !!!

And I believe the company now, has an additional 5 day's to file their Annual Report !!!
http://archive.fast-edgar.com/20240401/AP2Z722CZC2RC2N222292MY2KRASZZ22QV62

~ Looking forward to it !!!

~ $IONI ~

Form NT 10-K I-ON Digital Corp. For: Dec 31
10K WIZARD 9:14 AM ET 4/1/2024
http://archive.fast-edgar.com/20240401/AP2Z722CZC2RC2N222292MY2KRASZZ22QV62

Filed on: April 1, 2024

Thanks 'cryptopunks' - I think you are probably right about that !

There hasn't been much News, as of late, so hopefully the 10-K
will lend some insight on the companies status !!!

~ $IONI / I-ON Digital Corp. ~
~ Patiently waiting ~
~ Tic, toc . . .

I agree, the Shell Sign would come down after a 10-K is filed I think.

Hey 'stockdoc2' - I think the Shell Sign will come down . . .
as soon as the company completes the
"Public Offering" !!!

~ Just my guess !!!

~ $IONI ~

When is the Shell icon gonna be removed? This puts the company with a bad label and adds questions about its sales potential and credibility.

Higher lows

I agree 'Hawk' !!!

The action of the Stock Price is definitely trending - UP !!!

~ $IONI ~

Price action has definitely looked nice. Awful lean to say the least. Any news from the company recently or any upcoming communication expected?

I see the stock has gone up and back down..seems like it's getting ready to take off. Coins backed by gold even though not mined is the way to go. A coin backed by real gold at $/ gram.
There are 454gms per pound. This is the way to go, gold backed coins. Gold has always been the most secure backed form of money. Add the convenience of block chain
and that's a winner.

Hey 'stockdoc2' - did you get a chance to go through
the website lately ?

~ $IONI ~[/b]

Yeah - 'saj' - It could have been a reaction from the Article that came out !!!

I posted it on a couple of other platforms as well !!!

Will be interesting to see what happens
at the open tomorrow !!!

~ $IONI ~

IONI new 52 week high

Written by: Dennis O'Neill, Executive Contributor; . .

Emerging digital technologies are currently revolutionizing the world’s economy and investment landscape. These technologies are at the forefront of the rapidly expanding decentralized finance (DeFi) and asset-backed digital securities market. The e-commerce marketplace also relies heavily on these technologies.I-ON Digital Corp is a standout leader among the many companies working to integrate these new technologies into mainstream financial services.

Article continued; . .
https://www.brainzmagazine.com/post/asset-digitization-tokenization-and-securitization

~ $IONI ~

@SmileyJ-628861 @saj
$IONI is a tidal wave coming in!!!!

Currently in the entire world, there are only about 165,000 metric tons of refined gold. However, there’s an additional 35 BILLION METRIC TONS ($65 million per metric ton. avg) totaling $10,725,000,000,000,000,000 or $10.752 QUINTILLION OF UNREFINED GOLD WHICH AT PRESENT HOLDS NO TRANSACTIONAL VALUE IN THE MARKETPLACE.

What can be done to unlock this value with the digitization of mineral rights and the creation of asset-backed digital securities? Reserve owners can create liquidity even before the reserves are mined, refined, and sold in the marketplace. In doing so, this opens up an opportunity to collateralize illiquid assets for loans, private exchange, or sale to investors seeking an attractive risk-to-return ratio. Digitization also allows stakeholders to better quantify their asset’s value for tax and financial reporting purposes.

That's a good observation 'saj' !!!

I know 'DigitalOZ' from another platform, and yes, his post's are
very informative. He seems to have a good handle . . .
on what is going on with this company !!!

~ GLTU and All the Longs !!!

~ $IONI ~

DigitalOZ, your last few posts have been very informative...thanks for sharing!

I see great potential here.

IONI If you didn't already know this you should and it should be another reason in your decision to acquire a bigger position and prevent you from saying "I wish I would have....". Yes I love this stock.
I-ON Digital has acquired a controlling interest in Orebits Corp. (“Orebits”), along with Orebits’ gold digitization patent portfolio, trademarks, brand marks, and core intellectual property. As part of this transaction, I-ON Digital will assume control over the Orebits digital platform and 9,700 Orebits.au gold-backed digital assets in exchange for Series C Preferred Shares in I-ON Digital. The Company estimates that the transaction will add approximately $18.2 million in shareholder equity to I-ON’s balance sheet. Digitization of gold and other precious metals is a revolution. Be a part of it!
GLD FNV GDX

$IONI For those who did not read this article https://finance.yahoo.com/news/digital-corp-announces-intent-public-130000649.html I will highlight one sentence and then show you a link that you all should check out and if that does not convince you to take a position you can't blame me for missing out or a bad pick. I-ON's closely held portfolio of gold-backed digital assets, supported by independent proof-of-reserves (POF) technology on the company's proprietary Hybrid Blockchain platform, positions I-ON as a market leader in RWA tokenization.
Now RWA (Real World Asset Tokens/Digital Coins) has a market cap currently of 2.5 Billion and in my opinion they are not as extraordinary I-On Digital RWAs. https://www.coingecko.com/en/categories/real-world-assets-rwa The digital token market today is much like the internet in April of 1993. Not many people thought it would be much more than a fad much less the websites that came out later that did not seem to have any business purposes i.e. Twitter, Facebook, Instagram, etc.
Buy now or Cry later.

Why is I-ON digital so special? Why should you buy it? By digitizing the ownership records of recoverable precious metal reserves into digital certificates, reserve owners and peripheral investors can benefit from increased liquidity and expansion of their gold portfolios. This platform also offers a unique ability to bring liquidity and accepted value to gold in all its forms. As a result, I-ON is proud to offer a brand new financial instrument: regulatory-compliant digital securities that can be leveraged for financing, collateralization, hypothecation, private transactions, or simply balance sheet enhancements. Join us in the deployment stage of this groundbreaking platform today! What are you waiting for?????

lol txs

You are welcome " Good Buddy" !!!

I did it all just for you !!!:)

~ $IONI ~

Good Post 'DigitalOreZOne' - Thanks for posting !!!

By the way, if you got in at the very beginning, you are probably already a - "Gazillion-aire" . . .
So; If we ever meet for a BEER - the first Tab, . . will be on you !!!:)
And our next meeting will be on my Yacht !!! Lol

~ Anticipating News Soon !!!

~ $IONI ~

IONI - According to etf.com/ 35 ETFs traded on the U.S. markets, Gold ETFs have total assets under management of $111.33B. The average expense ratio is 0.61%. Gold ETFs can be found in the following asset classes: Equity & Commodities
The largest Gold ETF is the SPDR Gold Trust GLD with $55.46B in assets. In the last trailing year, the best-performing Gold ETF was DUST at 11.29%.

With IONI I believe that if you get in now and hold it. In over a year you will blow 11.29% return out of the water. I was in on $IONI from the beginning. Get on board now. Now is the time to make a decision!.

Hey Lakota, nice job on the info board. Thank you!

A Notice To The Board Members; . .

The "Information Board" has been set up to help you follow the "Progress of the Company,"
to inform you of "Related Industry Information, and Developments," and
to keep you informed of the company "Share Structure" !!!

If you have any Questions, please feel free to post it
to me on the board, or leave me a PM !!!

~ GLT All the Longs & New Investors, and . .
as always, . . "Invest Wisely" !!!

~ Lakota-45, iBoard Moderator ~
~ $IONI / I-ON Digital ~

Hey 'DigitalOreZone' - No worries, . .
I understand your point, and I'm with you 100%, on this company, and am
aware of the incredible potential that the future holds !!!

~ Looking forward to your thoughts and comments,
. . . moving forward !!!

~ $IONI / I-ON Digital ~
~ GLTA ~

Lakota-45 With all due respect not sure if many stocks under $.50 are not a little overvalued or choosing penny stock winners based on technical values would be a whole lot easier. It's not even easy to do that with Blue Chip stocks. Wouldn't you agree? So what is going on with this company that we can see?
1. The price of the stock is rising.
2. The trading volume is rising.
3. News on the company is rising.
4. The company is operating in two of the most discussed asset classes and technology-related fields. Precious metals / digital currency/tokens and blockchain technology.
4. Disruption to a problem that has been around for hundreds of years. How to unlock the value of unmined PROVEN reserves of precious metals (gold is first) and then take that value and make it easy to own and trade with blockchain technology.

Those are what I am basing my belief in this stock. Gold is still gold whether it is in the ground, a vault, or in a safe at your home. I-On Digital is making it possible to unlock the value of unmined gold, securitize it through blockchain technology, trade it, and thus fractionally monetize its existence. This is just my belief. More to be discussed and evaluated as time marches forward.

I do like your post! This was just a criticism of one of the points you made. I wanted to address and offer a different perspective on that point of value. Be well!!!

Hi 'DigitalOreZone' - It's good to see you here !!!

This is a New Investment for me but, I happen to agree with you, regarding the future of this company!
The Cryptocurrency Space is growing rapidly, and with the advent of Blockchain & Ai,
multiple, market use is expanding at a remarkable pace, and rapidly
creating New, and Compatible Sectors of use-ability !!!

From a Technical, "Old-School Valuation", the stock price is a little overvalued, . . however,
the mgmt. team that has been put in place, seems well seasoned, and I have
a feeling that the Value of this company - is about to Explode !!!

~ This company is on the "Cutting Edge" of a Rapidly Growing Industry,
so it will be very exciting to see how it all plays out !!!

~ All just my opinion of course !!!

~ GLT All the Longs & New Investors, and . . .
as always, . . "Invest Wisely" !!!

~ $IONI / I-ON Digital Corp ~

I-On Digital has a market cap of $7.8 million and shareholder equity of roughly $18 million. Buy this and hold! It has so much room to move. Having a way to unlock the value of unmined proven reserves of gold and other precious metals this company will get into will make I-On Digital a household name. Buy Buy Buy.

This company look very promising.

Great Post 'cableguy' !!!

Thanks for pointing out the findings of your DD, and . . .
for sharing it with the Board !!!

The Mgmt. Team seems highly qualified, and with the recent PR, rise in Volume on Friday,
& PPS, I get the feeling that they are getting ready to launch an explosive Media,
PR Campaign for "Market Exposure" moving forward in 2024 !!!

I am very excited about this company, and it's Growth Potential,
short term, and in the years to come, and I see it as
a possible "Life-Changing" Investment!

~ $IONI / I-ON Digital Corp. ~

Doesn't look bad at all... IONI

NOTE 9. Stockholders’ Equity

As indicated in NOTE 3, on September 29, 2022, the Company effectuated an Equity Transfer Agreement (the “Sell-Off Agreement”) among the Company, Communications and JFJ Digital Corp., a Delaware corporation (“JFJ”), whereby all of the outstanding equity of Communications was transferred to JFJ in exchange for the return of 15,306,119 shares of the Company’s Common Stock held by Jae Cheol Oh and Hong Rae Kim, the Company’s principal executive officer and members of the Board of Directors (the “Sell-Off”). After the “Sell-off”, the Company had 19,724,220 common shares outstanding.

In September 2022, the Company established a series of preferred stock as “Series A Convertible Preferred Stock”. The authorized number of Series A Preferred Shares is six thousand (6,000). Each Series A Convertible Preferred Share has a par value of $0.0001. In January 2023, the Company issued 3,600 shares of convertible preferred stock – Series A for $214,286 cash consideration. Also according to the Purchase Agreement, $214,286 was distributed to the former major shareholder. Each Series A Preferred Share is convertible into Ten Thousand (10,000) shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) and is entitled to vote on matters as to which holders of the Common Stock shall be entitled to vote at a rate of Ten Thousand (10,000) votes per share of Series A Preferred.

16

In September 2022, the Company established a series of preferred stock as “Series B Convertible Preferred Stock”. The authorized number of Series B Preferred Shares is six thousand (6,000). Each Series B Convertible Preferred Share has a par value of $0.0001. In January 2023, the Company issued 6,000 shares of preferred stock Series B according to a Contribution Agreement (the “Contribution Agreement”) with certain Purchasers (the “Purchasers”) pursuant to which the Purchasers agreed to purchase 6,000 shares of a newly created Series B Convertible Preferred Stock, par value $0.0001 per share (the “Series B Preferred”), for the consideration of cash $35,714. Each Series B Convertible Preferred Share is convertible into one thousand (1,000) shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”).

Also in January 2023, the 6,000 preferred stock Series B were converted to 6,000,000 common shares.

Again in January 2023, the Company cancelled 350 shares of common stock per shareholders’ request.

In May 2023, the Company issued 1,000 shares of preferred A stock for the value of $219,500. As of September 30, 2023, the total number of preferred A shares was 4,600.

In May 2023, the Company issued 1,136,364 shares of the Company’s common stock to Nahla Jacobs according to the service agreement signed with Nahla Jacobs and Nahla Saleh Jacobs Trust and Orbits Acquisition Group LLC. The share price was $0.22 per share and the total value was $250,000.

Also in May 2023, the Company issued 550,000 shares of common stock according to the service agreement the Company signed with Dutchess Group LLC at $0.22 per share and the total value is $121,000.

In May and June 2023, the Company received $100,000 and $71,342, respectively, for stock to be issued. The total of $171,342 was recorded as a liability because if the Company was not able to issue the stock, the funds would be returned. In September 2023, the Company decided to issue the stock and the total amount of $171,342 was reclassified to stock to be issued. In August 2023, the Company received additional $5,000 for the stock to be issued. As of September 30, 2023, the total amount of stock to be issued was $176,342.

On August 30, 2023, the Company executed a Board Resolution concerning Series A Preferred voting rights to be increased from 1,000 common stock to 20,000 to be effective after the Company completes the due-notice requirements with the State of Delaware.

As of September 30, 2023, the Company had 27,410,234 shares of common stock issued and outstanding.

NOTE 10. Subsequent Events

The Company follows the guidance in FASB ASC 855-10 for the disclosure of subsequent events. The Company evaluated subsequent events through the date the financial statements were issued and determined the Company did not have any material subsequent event except the following:

On October 30, 2023, I-ON Digital Corp. (the “Company”) entered into a Contribution and Exchange Agreement (the “Contribution and Exchange Agreement”) with Orebits Acquisition Group, a Wyoming limited liability company (“OAG”), pursuant to which the Company will acquire 910,000 shares of currently outstanding common stock of Orebits Corp. (“Orebits”), representing a controlling interest in Orebits, in exchange for 910,000 shares of Series C Preferred Stock of the Company (“Series C Stock” and such transaction, the “Transaction”). As part of the Contribution and Exchange Agreement, upon and by virtue of the consummation of the Transaction, OAG will transfer all its right, title and interest in and to approximately 9,700 Orebits.AU gold-backed digital assets to the Company.

Yes Thanks Lakota nice to see you here also, getting familiar with IONI and like what I see so far.

Hi Hawk, good to see you here. I like the float too!

Yeah I agree with you on that !

I remember, back in the early 80's, I picked up a few 100K shares of a Canadian Gold mining Co.
at around .12. It took a little over a year for it to run to $3 +! I sold 1/2 my position, and
unfortunately, had to sell the balance, still at a profit, - as it took a dive !!!
The name of the company was "Wayside Gold" and it was
fun while it lasted, - with lessons learned ! :)

~ My gut tells me that I-ON Digital will do surprisingly well !!!

~ $IONI / I-ON Digital / Up in 2024 ~

Yep, those are all good points to consider !

~ $IONI ~