On4 Communications Inc (ONCI)

[bigballer_sa4]

How did you come up with .0428 PPS valuation? I think you might've missed a zero somewhere. 15mill/3.5 Bill is .00428. With the share reduction your looking at approx .00856. That's just based on revenues once you take out costs the evaluation is a lot lower and the balance sheet as of 7/31 is pretty debt heavy.

With that said, I think the company is doing a lot of good things and has a lot of momentum, but the shares just seem a bit expensive right now. This stock reminds me of SIRI who's revenues couldn't really match the shares outstanding.