jrod

[Dumotier21]

more specifically for those that don't follow ONEV there is some very serious news expected.

ONEV has signed contracts with Telnor to use their product. Installation and testing were begun in January. There were some complications as Telmex was added to the contract and the servers using ONEV needed to be adapted to handle new criteria and a larger customer base. Changes to the billing structure also happened charging not per line but per user so a house with 5 people would have 5 accounts not 1.

Revenue from this contract is believed to not only bring ONEV from a cash burn to cash posative but to be significant in the size of its profits.

The expected launch date of Telnor and Telmex going live with ONEVs services to their subscribers is this quarter. No one knows for certain when it is going to happen but many believe it will happen in April. The news we all expect and are waiting for is the official announcement that the launch has happened.

Good luck

*tips hat*