ONCI recent DD repost UPDATED TO REFLECT NEW SALES:
ONCI Acquired FMS marketing in NOV 2016:
11/04/2016 On4 Communications acquires FMS Marketing
FMS (or Family Mobile Safety) is our drive safe or distracted driving app. ONCI owns a 49% stake in this app.
Let’s take a look and see what this app has given us in the last 8 months:
On 12/19/2016, ONCI announced: ONCI Secures New Contract with Large Food & Beverage distributor. 1000 units sold.
On 12/23/2016, ONCI announced: ONCI Secures New Contract with Large Taxi Fleet. 1500 units sold.
On 01/06/2017, ONCI announced: ONCI Secures Luxury Auto Dealer for their Proprietary FMS Drive Safe App. ? units sold.
On 01/18/2017, we get our first sale of the vehicle tracking device: ONCI Launches Revolutionary Tracking Device Platform and Secures 1st Contract. 500 units sold.
On 01/24/2017, ONCI announces: ONCI Increases Revenue by Securing 8 New Vendors in Florida. ? units sold, but we get this little nugget of info: As previously mentioned in earlier press, it takes approximately 6 months for full vendor implementation. This means that ONCI has given its customers time to bring in all the units and terms to pay for the units sold, meaning revenue for these sales is flowing in NOW.
On 04/19/2017, we get our first ASIAN deal: On4 Communications Inc's FMS Marketing Receives $100k Order from Leading Asian Auto Manufacturer. This is a test run of 500 units of our drive safe app. Prior DD has shown that Berman was in South Korea and that the ‘Leading’ car maker is most likely KIA or HYUNDAI.
On April 26, 2017, ONCI announces: ONCI Releases New Contract. 1250 FMS units sold to SECOND major ASIAN car maker.
On 06/26/2017, we received this: ONCI Launches Global Distribution And Inks a Deal in Brazil and South America. 750 units sold.
7/25/2017: 1000 units at $175 each for a total purchase order of $175,000, another 1000 units on hold.” 2000 units sold.
07/27/2017 ONCI INKS DEAL WITH MAJOR FLORIDA AUTO DEALER LAW GROUP
This gives us the immediate attention of over 500 auto dealerships. Law Firm gets commission on all deals. Even if 10% of all dealerships order 50 units, that's 2500 units sold, which is VERY conservative.
08/01/2017 ONCI LAUNCHES MAJOR DEAL WITH A LARGE WORLDWIDE ONLINE SHOPPING SITE Our first retail venture. Will be live on 8/7/17. We can sell thousands of units with front page exposure.
08/03/2017 ONCI LAUNCHES DEAL WITH LARGE EXTENDED WARRANTY COMPANY IN ARGENTINA. 1000 units sold
08/04/2017 FORD MOTOR COMPANY INVITES ON4 COMM TO ITS CORP OFFICES IN DEARBORN MICH TO PITCH ITS FMS DISTRACTED DRIVING SOLUTION We know that two South Korean auto makers have purchased the app (not revealed yet), and a Japanese auto insurer bought the app as well (also not revealed yet). Why not FORD? We can sell thousands of units in an initial test drive. Can you imagine if we get a complete roll out?
TOTAL UNITS SOLD (estimated that we know of) = 11000 units + or a MINIMUM OF 2.2 million. I can honestly predict that this number will be much higher with additional sales, plus ALL OTHER REVENUE STREAMS BEING LAUNCHED.
I see a trend here. Not only is Steve selling the app (for $175-$200 wholesale), but it is being purchased by large companies. What I find very interesting is that MAJOR car manufacturers are purchasing a technology that they could very easily create themselves. Or can they??? There’s a lot of competition out there and there’s a LOT of big companies that have the know how to add this kind of technology into their vehicles. But they chose to buy the ONCI app. This speaks volumes.
And as Steve said, this is just the tip of the iceberg. We have a digital advertising company, we have the GEO tracker app and the forthcoming Apple Beacon app. We have been looking at JV’s with MJ companies, and there’s the forthcoming Share Reduction, to be completed after the redomicile to CO.
It's a great time to be an ONCI shareholder.