On4 Communications Inc (ONCI)

[kura]

Quote
This should be penny plus and will be very soon Oh well was able to add and that’s a good thing
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Folks are saying onci is having revenue of $30M in 2018. If that happens, assuming 40% margin, profit will be $12M. Even with 3.5B shares before shares reduction: 12M/3.5B ×20(PE ratio)= 0.07. With share reduction, it gives almost 10c. Anything is possible here if Steve really delivers. My shares are locked and loaded. It hurts to see this low pps, but not worried at all, imho.

Onci