On4 Communications Inc (ONCI)

[ApollyonZ]

Onci! In almost all cases, the book value will be significantly less than the market price because the market price takes into account both the company's current profitability and estimates of future profitability. It reflects not just the value of the company's assets, but an estimation of the company's ability to use those assets to earn a profit.

In theory, the book value is the net value of the company's total assets, but in practice, the value of these assets differ from book value in the event of an actual liquidation.

..Another reason why book value might not accurately reflect the real breakup value of a company is that it is standard accounting practice to determine it by subtracting all of a company's intangible assets from its total asset value. For example, if a pharmaceutical company has total assets of $1 billion that include patents valued at $200 million, the book value becomes $800 million. But in reality, those patents might be the most valuable assets the company owns, so the book value might be much less than the actual breakup value of the company.

https://www.thebalancesmb.com/what-is-the-market-price-per-share-393220

“If” common shares are sold below market value that is not value set..Onci has patents and over $5 million in assets thus market value is significantly more than Edgar selling price as proposed.

Win win for all!