On4 Communications Inc (ONCI)

[DewmBoom]

2018-2019 Progress Made by $ONCI

2018 PROGRESS

a. LAM debt Paid (as of 10/31/2018, LAM still had 75 million shares that they could have dumped already to the market. Also, the gap between OS on 2/21/19 and float on 10/31/18 is 218 million shares. The best way to find about dumping from under the OS is to look at the float update when Q1 is reported. However, the 218 million is not substantial relative to the number of shares traded since 10/31. It represents about 15% if all was dumped)
b. DE Debt was paid and cleared
c. Ownership in CogoSense Grown
d. Paid $100K toward Sifthouse
e. Signed CARMAX and Autonation Deals
f. Signed Private Label Deal
g. Signed many dealerships and fleets throughout the year

Revenue was 4.55 millions with a 1.6 millions in net income

2019 PROGRESS SO FAR

a. More Dealerships have been signed
b. Testing for an insurance company is in process
c. OS reduction of 1.4 billion shares
d. Huge Second Private Label About to be Announced Anytime

The next step in 2019 is to move to a different ticker HEXA with AS of 4 billions and all shares will move with 1 to 1 to the new shell in Colorado. So, HEXA will have an OS of 3.1 bil and AS of 4 Bil.

We also have Q1 expected to be released on March 15, 2019

Stay Tuned....Great Progress Being Made Here

For More Information About Progress Expected in 2019, refer to the PR by company in early Feb.

https://finance.yahoo.com/news/on4-communications-inc-announces-shareholders-150906916.html