One Voice Technologies, Inc. (fka OVOE)

[ihubposter]

Using 1 billion shares outstanding as the baseline (actually, would be about 1.1 with all debt conversions and warrant exercises transpiring), and using the two comp values in that PR, that would suggest a pps for ONEV of .14-20 (for the $140-200 million Bevocal purchase - $140 million in stock with potential for $60 million earned bonus to purchase price depending on hitting targets in first 18 months after acquisition) or .80 (for the Tellme purchase), or anywhere in between. Unlike ONEV at present, however, Tellme is profitable (http://www.itworld.com/App/87/070314mstellme/) with estimated annual revenue of over $100 million (http://www.bloomberg.com/apps/news?pid=20601103&sid=aA6EoSvupWuc&refer=news), while Bevocal has annual revenue expected for 2008 of $65-70 million (http://www.computerwire.com/industries/research/?pid=F0346258-BD37-4C9D-8565-54592059B293).

Thus, Tellme may be as much as 8x revenue, while Bevocal, using $200 million buyout price, is about three times revenue. Sooooooooo, to justify either one of those valuations, ONEV needs to really start cranking revenues. Even a million a month in revenue (assuming uptake of 1.8 million Telmex customers (10% of base), and payment to ONEV of $.50 per sub/month, plus current revenue stream), and assuming 1 billion outstanding shares, even a buyout at .10 would be 5.5x revenue. Just numbers to keep in mind.