Replies to post #112883 on On4 Communications Inc (ONCI)

[malekabal42]

It's my understanding that 1.5 billion reduction has not taken place. We're still waiting for that. 3.5 billion OS and AS is an awful lot.

[sampson one]

David. Do you think their is one more phase/stage of share reduction or have the past few PR'S covered all three steps announced previously.

15 mill preferred
1.4 os as
15 mill preferred = 3 reductions

Or 30 mill preferred
1.4 os as
and still a step to go

Thanks