Replies to post #62647 on On4 Communications Inc (ONCI)

[geocam]

$ONCI with 1,298,719,698 shares outstanding...

A penny is $12,987,196.98 --- 3x

100k per month in revenues seems to be my guesstimate of necessary income and within the realm of possibility.

Can someone put real world numbers and valuations to that?

A nickel is $64,935,984.90 --- 16x

500k per month for the nickel

And a dime is $129,871,969.80 --- 32x

1M per month...

How far off are these numbers?


http://www.otcmarkets.com/financialReportViewer?symbol=ONCI&id=164183

6. Subsequent events.
The Company is in the process of filing with the State of Delaware to change its authorized share
capital from 5,030,000,000 shares (5,000,000,000 common shares and 30,000,000 “ Series A”
preferred shares) to 3,500,000,000 common shares and 1,530,000,000 “Series A” preferred
shares. Concurrent with this change, Steve Berman, our CEO, intends to surrender his
1,500,000,000 common shares in exchange for 1,500,000,000 “Series A” preferred shares. After
this exchange, the total issued and outstanding common shares will be reduced from its current
level of 2,798,719,698 common shares to 1,298,719,698 common shares.
In early December,2016 the Company obtained shirt term financing of $ 15,000 for working
capital to support its past and current operating obligations.
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