On4 Communications Inc (ONCI)

[samroux]

But...

Berman said foreign investors want to buy the company for "likely over a penny" a share.

I mean, given the (unverified) financials, that's a totally reasonable valuation.

I mean, given the current share price, that's a totally reasonable valuation.

I mean, given the 1/A offering, that's a totally reasonable valuation.

I mean, given the terms in which toxic notes are being handed out, that's a totally reasonable valuation.


Yep, passes the sniff test. Seems legit.


Pinkie CEO's like Berman are shameless in who they attempt to pander to. That 1/A was just more noise signifying nothing.