On4 Communications Inc (ONCI)

[cashclan]

Well...


somewhere along the line a "poison pill" was delivered....in the conundrum of processes...

There appears to be at least 2.15 Billion shares to account for in Target #1 and 1.36 Billion in Target #2. Totaling 3.51 Billion.

To be private and held at a Financial Institution as a "Venture" they would have to be trading with a minimal PPS threshold of $2 under Dodd/Frank I believe.

The cost from point A to point B undetermined at this point.

The possible Liability to the market of 3.51 Billion shares. Technically is $351 Trillion...

That is called a "Pickle". I am sure a equitable solution well be found...

Then you have some other slivers ... that might cause some heartburn...imho