On4 Communications Inc (ONCI)

[zombywolf]

I believe he can offer the day closing price to buy out shares and not have a problem. Announcing it now, you would think the price will start tanking into the low trips. That price then would be below a mil, and he probably has backing for that level. In any case, longs are screwed, as the best they will get is today's price. Rule of thumb, unless you own upwards of 25% of the private company- you bail.No one will buy your small stake in the private company, you get no fins or audits- you think things suck now, wait until you are a tiny part of a scam private company with no ability to sell out.