On4 Communications Inc (ONCI)

[Blade$dream]

Market cap should be 30 Milion:

I will explain for the peeps that want to know how we come to that market cap:

With a net income of 1,619,050 for 12months and 4,5 Billion shares:
we have --> 1,619,050 net income / 4,500,000,000 shares = 0,000359789 net income gain per share

In a normal environment at Nasdaq or NY we multiply at 20 x the gain per share...I am conservative because normally the number 20 in this risky market is higher....but lets stay at 20:

0,000359789 X 20 = 0,0071 share price (so we are undervalued)

Market cap = 0,0071 x 4,500,000,000 = 31 million USD

Market cap = This amount is the price for which the entire company is theoretically for sale at this point.

Blade

$ONCI