On4 Communications Inc (ONCI)

[Smokey810]

aquayacht,
My short answer to your question... There is no way this stays below .01 between now and November.

My long answer...
If you haven't seen it, I urge you to check out a sticky post by MoneyForNuthin which shows a very thorough valuation of ONCI based on current standings and conservative future growth. That post will help explain why many Longs are eyeing future PPS well over .01.

As for the time frame, November is quite a ways out, which is why I can confidently say the above. My past experiences with OTC stocks that have had major green runs is telling me that this one is much closer to a run than we are to November.

I also believe that after the next run, we will not see the PPS fall like it has from the last run. I equate that drop 100% to the old debt, that SB was not a part of creating. Sure there were other factors that also contributed to the drop, however those factors would not have existed if the old debt did not exist. That said, I believe we have already seen the debt get wiped out. Certainly the LAM debt, and most likely the Delaware Debt (which was minimal to begin with). So there will be very little holding us back now, and I do not foresee another event (such as debt payment) in our future, that could force the PPS to drop like that again.

There are many catalysts in play here, any of which could set this off on our next hike.

Go ONCI!
All posts are my opinion only.