On4 Communications Inc (ONCI)

[zombywolf]

Lets knock this crap off about share price from the blind. For every million in revenue, rule of thumb use 40% of that as net= $400k. A conservative P/E ratio is 40. Here are the numbers per $1MM in revs at our current O/S:

$1MM x .40= $400k net earnings

$400k net/3.8B shares= .0001 EPS

.0001 x 40 P/E= .004 share price

So for every million in revs, you get a share price of .004. To hit $1 in share price= $1/.004= $250 million in revenue. If you think Steve will do that anywhere in the near future, I have a bridge to sell you cheeeeeep!! Stop with the share reduction, he lied before about that. If it even happens, it will get eaten up by dilution.