On4 Communications Inc (ONCI)

[panther6262]

Revenue has zero to do with collected cash.

For example:

they could have 5m in contracts booked for 2017
they could have delivered 1.7m in product for 2017=revenue
they could have collected 500k in 2017

How many otc stocks are we figuring out net earnings or P/E ratio for? Onci isnt judged on the same metrics as GE right.

Its revenue based valuation
Its market size for products - For example if the product only worked on 18 wheeler odb connections then the potential market is tiny compared to every car on the road. How many people drive and have Apple or android phones - thats pretty good market potential.

Leadership execution - needs work here on counting chickens before they hatch but he is doing ok on the sales side and distribution agreements - though it would be nice to know if minimums are in those agreements.

Who knows maybe Q1 is bringing in enough cash to negotiate and settle delaware and get the audit done - Possible.