News Magazine article published on I-On Communicat
Post# of 67
https://investorsnewsmagazine.blog/2018/10/10...rue-value/
$IONI I-ON Communications Share Price Selling Far Below True Value
A Buying Opportunity
I-On Communications has a healthy balance sheet, no convertible notes, 3.7 million in untapped bank lines and 8 million in shareholder equity. The company is well positioned to raise capital growth and is seeking to uplist to either the NASDAQ or NYSE in early 2019.
The current share price ($1.40 range) is selling far below book value and will continue to do so till the company attracts new investors and divests itself of the outgoing legacy shareholders. $IONI management will have to address the share price if they wish to uplist to a higher exchange.