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Albino: I believe by Jan 31st
Aside from the DD (very good work by INSTA), can someone post/sticky information on when Financials should come out? I think with all the deals being announced, some concrete FINS will give all the hard work something to show for.
Well fellow longs, it was nice knowing you. I'm gonna listen to XMANCOMETH7, the one that's yelling on the internet.
COZ bc we use an administrator ,otherwise no one is checking to see how many times you talk or text .
"Dealer" and "pass on the savings" in the same sentence? Comedy gold. :)
GOOD JOB STEVE(SCAMMER)BERMAN....NOW THE FEW THAT ARE LEFT WAIT FOR THE AUDITED FINS....PUMP AND DUMP SCAM 101...SHOULD BE ABLE TO MILK THAT FOR SEVERAL MONTHS...LOL
They're selling tangible products like we offer. Not educational services for free apps that can't do 1/10th of what the ODB + app solution can.
Beau1954 once the fins come out and the audit is done all the noise will be gone. Once the company starts running on all cylinders these boards will have zero control over the pps!!
GLTU Go ONCI!
Dec.15th thru end of Jan..starts "ONCI/HEX. BIG MOVES"!
Hemp. Why do the dealers not entertain just using A FREE distracted driving app ? That way, they would not have to put out any money.
They could pass the savings on to their customers which would be one heck of an inticement to buy a vehicle.... Marketing 101.
Google 'free distracted driving apps' for a list of same. Check them out for yourselves.
U are wrong my friend...
imho
His name is Berman, Steve Berman 007 joke is going to end even quicker than I thought.... wow.... I was thinking I could use the joke for at least 2 weeks but it looks like only 2 days.. .006’s maybe even .005’s on the cards tomorrow....
This stock and the perfect storm major BIG stay tuned CEO has been fully exposed...
Game over like a few of us have been saying since NECA JV @. .016 and all the REVOLTING dilution started....
GLTA
How else one think ONCI will stay above .01 for thirty days under these condition. Think Reverse Stock Split.
Too many shares are out there. Investors should be worried. Think Reverse Stock Split.
Chick told me 10-14 days for stock. Seems fairly reasonable considering they literally just signed on.
I have no idea where the ODB are currently being manufactured. But my take was manufacturing was going to be just-in-time which is smart so we don’t overproduce and have to have warehouses.
Marry, they sell $ 200/unit but the production cost $ 50.
You can multiply only how much is the profit monthly.
It is final sale except damage.
It is ATM maschine for all of us.
Ya if they signed contract to buy X units monthly.
They can order more than X units monthly but not less than
X units.
It is not consignment sale.
NO WORRIES !!!! Go BEASTIE BERMAN!!!!!
I had a question earlier on this topic,are the dealerships obligated to buy said amount of units monthly,as revenue to ONCI,or do they have the option not to buy them in the event that they are not sold in a non-sale month
I'm holding strong also!!
Yes. Not happy at all though to be honest
i also verified both deals are in fact true.. talked to chick in person and scully via email... HOWEVER... neither have received any PRODUCT to sell...and wont supposedly until mid january or later... though neither of them knew why it was going to take so long.. so NO SALES YET..but we have the possibility..ONCI
harry456, still long with 27.5m. holding strong.
Why would revenues be reliant on the sale of product on the retail level? That is not at all correct. When we get paid for what we ship, that's recorded as incoming revenues. If the dealership never sells anything but still pays for them, they're stuck, but we still record the revenues of the products they paid for.
You see, if you were a businessman, you would know that ALL wholesale businesses provide sales projections based on a variety of factors, including client needs, current inventory levels, manufacturing capacity, marketplace needs, etc
Wrong wrong wrong. Payment terms are net 30 days. First monthly payment is due before second month ships. Every month, every dealership pays their monthly invoice before the second batch of units ships. Most Car Dealerships have a AAA rating with Dun & Bradstreet. It's the CFOs job to check their credit to ensure timely payments. The more dealerships, the more monthly revs.
Sure. We believe that! $Hexa$
Respect your opinion, but you will have to acknowledge that if the PR's are true then ONCI is a good investment. If the PR's are false hen Mr. Berman is in trouble, period.
Yep 30million in sales and BSAFEMOBILE is not all they got, see the link below but contracts are contracts anyway!
Way more CHAAAAAAACHING!
$ONCI #PERFECTSTORM $ONCI
http://psinvestor.com/onci-shareholder-call-recap-2018-could-be-huge-for-hexagon-holdings/
I have to admit, after listening to this call, I could have written an in-depth article on just 1 arm of the company, not to mention the app BSafe Mobile alone. For a holdings company… they have a great vision of having many holdings all creating revenues, all with just as much potential as the other. Steve Berman, CEO of On4 Communications, ran the call and hopes they are at the final stages with FINRA, attempting to change the company name to Hexagon Holdings Corp.
Since the company has 6 arms or holdings, the name “hexagon” was a perfect fit. Steve opened the meeting by sharing with with us how back in March of 2016, he had goals of turning a dormant company into something. So far, he is happy to go from a stock price of .0001 to .01117 since then (a 11,170% increase), but he seems far from satisfied as his enthusiasm poured into the explanation of all 6 divisions:
App & App DesignManufacturingDental CareDigital MediaSome form of Cannabis Related CompanyTBA in 2018 and will be HUGE!
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App & App Design
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BSafe Mobile leads the way with their roster of apps. The safe driving app is available for both iPhone and Android users. Distraction Driving is a hot topic as more deaths are being attributed to distracted drivers than people who died from cancer. Its the “Perfect Storm of Apps” claims CEO Steve Berman. The app will notify the admin of the vehicle and in which the admin can then turn off the phone. When the car’s wheels starting rolling and the driver is using the mobile device, the admin will be notified and can chose to power off the device. This app and its technology is huge on a global level. Orders keep flowing (see recent press) and much more contracts and revenues are set to be announced over the coming weeks.
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Other apps include:
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Fleet Savers… like the BSafe app, the Fleet Savers app will allow an admin who can monitor up to 10,000 vehicles, the ability to see the location of their vehicle, the drivers patterns and more.BFound Mobile… A great example is a rent a car agency. If someone picks up a car in lets say St. Louis, Missouri, and rents it for a week, the renter has no idea where that vehicle is at any given time, nor how many miles have been put on it or anything. The only thing they know per the renter’s agreement is that the car will be delivered back by such and such time. The app will allow them to know where the car is at any given time. This is perfect for agencies like Hertz, Budget, Avis, Enterprise etc. Certain apps may have the ability to do this but they works by GPS, and will not work when underground. This app works by apple beacon so even when underground the admin will still know the location of the vehicle.OK Golfer… an app used by golfers to ultimately speed up the round of golf by providing distance to the flag and selecting what club the golfer should use. This will help elevate a lot of unnecessary thinking, guessing and judgement time.Golf Gamble… is in the beta testing phase. The app will allow the golfer to wager money in attempt to double or triple their money based on how close they can get their ball to the pin or hole. Preliminary numbers were 90% of the time golfers will lose, making it a potentially profitable app not only for the company but for the golf courses whom they partner with.Drive Sober…also in beta testing, will work by having a device on the visor. The device will pick up the alcohol levels on their breath and monitor the admin. The admin, usually the car’s owner or parent, will then have the ability to stop the driver from driving while potentially under the influence. Another app with the intention of saving lives and wrongful deaths.Child Car Seat App… will work based on a sensor attached to the child’s car seat. The sensor will notify the admin when the temperature inside the vehicle reaches an unsafe level, if and when the parent leaves the child unattended. This app is an attempt to stop wrongful deaths of children due to heat exertion.Urgent Dentist…will allow you to find an urgent care dentist location near you, rather than having to wait until the next day to see a dentist. This app ties along with the DENTAL CARE arm of the company mentioned below.
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Manufacturing
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While the company plans on using its factories to make its devices between the hours of 9am and 9pm, it will seek additional revenues by renting the factories from 9pm to 8am. This could generate $6000 a day and have the lines running 24/7. The company would like to open factory locations across the globe at locations such as Canada, China, Budapest, Brazil, Prague, and the United States. The goal is to optimize the lines so that if they are not making product to fulfill orders, then they are being leased by someone else to generate maximum revenues.
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Dental Care
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The company wants to start off by using an office space at around 30 Urgent Care facilities over the next 24 months. The opportunity to get immediate dental care is huge. An example was given where if you have bad tooth pain or a broken tooth at 9pm at night, there is nothing you can do at the moment other than hope someone will see you when offices open at 9am. Being located in an Urgent Care facility, it will allow a person in need the option of getting immediate help by visiting of the locations. (also ties in with the app) The company will then give the Urgent Care facility a royalty and allow them to also do the medical billing. This will save the company $5000. It will be rolled out i the NY tri-state area.
He also talked about plans to make the Dental Care “mobile”, where they will bring dentistry to locations such as homes for the elderly. All the equipment including tools, chairs, machines etc. will be brought in. A dental hygienist could be rented/paid $300 for the day, and they could see on average 15 patients. If they were to bill the insurance companies $50 for the appointment, that would be $750, making it very profitable based on only having to pay $300 for the hygienist. An actual dentist may run $800 a day, but the revenues from his services would be much more than $800, thus making it a profitable venture also. This business model, multiplied by many locations in eventually many states will add up nicely. Steve wants to build many revenue streams and have the company earning money every day.
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Digital Media
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The 4th division wants to focus on “retinal scan” technology that will allow ad agencies the ability to target which ads are displayed based on recognizing its viewer. In example, if the digital ad display notices a middle aged man it will show “work boots”, while if it recognizes 3 teen girls, it may show a T-Mobile ad for cell phone service and a young woman possibly perfume. Having the ability to target your audience brings tremendous value to advertisers allowing them to get the best bang for their buck. Ads that can be quantified at stadiums, malls, theaters and gas stations are just a few immediate opportunities for the company.
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Cannabis Related
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Very little info was mentioned on the 5th arm of the company. It sounds as if it will be Colorado related and that due diligence has been going on with certain companies. They are going through the books of a few companies and looking for profitable ventures that they can exploit and make even more profitable.
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TBA (To Be Announced) in 2018
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This was an eye opener. When the CEO stated the new venture will be so big and will make so much money that everyone will be able to buy new houses… I was WOWed! I understand there are forward looking statements, but he was definitely optimistic about what he has planned for next year.
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After going through the 6 legs/arms or divisions of Hexagon Holdings, Mr. Berman re-emphasized the significance of a “holdings” company and its flexibility. The beauty of having multiple holdings is that if one of the entities fails, the company doesn’t go under because there will be 5 other revenue producing holdings that keep it strong and running. The remainder of the call touched on:
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Whats going on with Dubai?Recent New HiresUpdates with Car CompaniesUpcoming NewsClosing Shareholder Questions
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15 Million Dubai Women To Get Their Driver’s Licenses
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Exciting times are upon the women in Dubai, as January 1st, new laws will allow women the ability to drive causing a massive influx of new drivers. The company has been in discussion with 2 major firms who have reviewed the product and now wish to discuss pricing and contracts. Steve and staff will be going to Dubai for a week and already have 14 meetings set up and numerous dinners. He discussed the significant opportunity their Drive Safe App offered the companies and people of the area, especially the United Emirates. In that country, if you are caught texting on your phone, it is a $1000 fine. Your second offense, you lose both your license to drive and your car!
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The company has 44 Employees
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Of the 44 employees, 37 are commission based. This is a win win scenario for the company in controlling payroll expenses. The more they payout will result in more sales. Mr. Berman indicated that of the 37, some are doing fantastic and others are not doing very well, but assured shareholders that the beauty of commission based pay meant, if they do bad, then they don’t have to pay them for poor performance. The other 7, including himself, have been doing a great job and even mentioned a few by name.
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Peter Einstein, he complimented and said he really is an Einstein, has experience working with MTV Europe and has played a key role in setting up sales and meetings with Dubai, the middle east, Ireland, England and Serbia.Eric Ritter, who is in Florida, has been working with Lawyers down thereBill Jenkins, ex NASCAR owner, who was highly complimented, being called, smart, bright, scientific, comprehensive and a great marketer, will generate significant future revenues for the company. Anyone familiar with a NASCAR vehicle understands the car itself is an advertisement with logo’s of sponsors all over. I have a feeling his expertise will not only help on the be safe car app, but also the digital media side
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Dealing with the Auto Industry
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Along with 4 auto companies, Mr. Berman discussed some of their marketing efforts.
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Facebook… advertising is generating sales, clients and followersQVC… they have a meeting on November 21stEnterprise Rent A Car… can not comment as he is still under an NDA (Non Disclosure Agreement)BMW… they have had good meetings. BMW has requested the app be in 7 languages. To date, 4 are done so far. As soon as the last 3 languages are complete there will be testing done. Steve was unsure just how long these tests will take. BMW has asked for minor adjustments and have been addressed.FORD… likes the product and has increased their demands for what the app can do. They wish for the app to also act as a diagnostic tool, such as indicate why and when your engine light is on. Anti tampering was an issue they are addressing.CHRYSLER… has a similar response as Ford.GM (General Motors)… asking too much
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Major News Is Coming!
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Its going to be an exciting next couple of weeks, as the CEO divulged they have 10 deals in place that will bring in between $200k to $1m each over the next 2 weeks. If that wasn’t good enough, ONCI will have a signed LOI with a large insurance company that has 2 million drivers and insure 1,000 dealerships. They are expecting an order of 500+ units a month.
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Additional Shareholder Questions
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How many factories do you have? At the moment they have 2 factories producing 2-3000 units a month. One is located in NY and one in Canada.
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Was there a share reduction? There will be a reduction, that will be revealed with the FINRA filing, that it was reduced by 1.4 billion shares from both the Authorized shares (A/S) and the Outstanding Shares (O/S). Steve mentioned it may end up going up a tad because they will be seeking the ability to raise money for future projects.
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Who is your biggest competitor? Apple is, but with their safe driving app, it is “voluntary” versus admin based.
To hear the call for yourself, go to: https://soundcloud.com/ant-chance/confenence-call-onci-111017
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Existing App Sales YTD Nov 2017
November 7, 2017 – Contract with a major European Taxi Service with locations in Czech Republic, Hungary and Romania. They will be taking 500 units per month for 4 months beginning February 2018.
$400,000
October 24, 2017 – Executed a 3000 unit contract with a large middle eastern multinational company with a fleet of vehicles which tops 7500 cars, Suv’s and trucks.
$600,000 to $1,500,000
October 24, 2017 – Contract with a large after-market group with access to 450 dealerships throughout Florida, Alabama, Louisiana, Georgia, South Carolina, North Carolina and Virginia. This group will be selling Bsafe Mobile and Bfound mobile into its dealer network. This adds approximately 450 prospective clients to the Bsafe Family.
$1,000,00 annual conservatively
October 18, 2017 – Pilot program with a large Middle Eastern Taxi Fleet with over 10,000 taxis throughout 4 different countries including Saudi Arabia, Kuwait, UAE and Egypt.
$100,000 Pilot Test
October 18, 2017 – Contract with Gunther Motors with brands including VW,2 dealerships, Mazda and Kia.
$216,000 annual
October 16, 2017 – Contract with a 7 dealer West Texas auto group with brands including Jeep, Dodge Trucks, Ford, Toyota, Nissan, Chevy and Hyundai.
$588,000 annual
October 16, 2017 – Contract with a 6 Dealer South Florida Auto group with brands including Toyota, Nissan, Acura, Kia, Jeep and Hyundai.
$432,000 annual
October 11, 2017 – Contract with a 7 dealer Massachusetts based auto group, with brands including Chevy, Nissan, Toyota, Hyundai, BMW, Ford and Jeep.
$420,000 annual
September 29, 2017 – Contract with a northern Florida auto group with 6 dealerships including Chevy, Kia, Hyundai, Ford, Nissan and Toyota.
$288,000 annual
September 29, 2017 – Contract with a large southwestern extended warranty company; we will be selling their products which include extended warranties, tire and wheel and other after-market products in our dealer network and they will be selling our apps in their dealer network.
$120,000 annual
September 29, 2017 – A central Florida dealer group with 5 dealerships in Tampa and Orlando and brands including Chevy, GMC, KIA, Hyundai and Audi.
$240,000 annual
September 27, 2017 – A 4 dealer Toyota Group in the NY tri-state area: one dealer in NY, one in NJ and 2 in CT.
$480,000 annual
September 22, 2017 – A 250 Dealer Extended Warranty Company in New York.
$480,000 annual
September 20, 2017 – A 5 dealer group in NY with Brands including Nissan, Jeep and Volvo.
$240,000 annual
September 13, 2017 – JV with Title King a division of New America Energy Corp.
$600,000 annual
September 13, 2017 — Contract with Pennsylvania/New Jersey dealer Group with brands including Jeep, Kia, Chevy, Ford, Alpha Romeo, GM, Hyundai and Nissan.
$1,000,000 annual
September 8, 2017 — Contract with 25 dealerships in Los Angeles and Orange county California each dealership will take 20 units per month.
$1,200,000
September 8, 2017 – Acquisition includes FLEET SAFER which generated over 1 million in sales last year.
$1,000,000
September 1, 2017 — Signed a contract with a 10 dealer group in Arizona at 150 units per month at $250 per unit.
$450,000
August 29, 2017 — Executed a contract with a 5 dealer auto group in Long Island New York with brands including Toyota, Nissan Chevy, Kia and Ford.
$360,000 annual
August 24, 2017 — Ford Fleet services has asked us to put 1000 units on reserve as they have a Large Mid Western Utility Company who has expressed interest in not only our FMS Safe Driving App but also our Global Tracking Device.
$200,000 trial run with HUGE potential
August 21, 2017 — Executed a contract with a large Mid Atlantic dealer group with locations in Virginia, Maryland, Delaware and Washington DC.
$432,000 annual
August 17, 2017 — Signed a deal with a large luxury dealer group in Texas including such brands as Mercedes, BMW, Lexus, Audi, Lincoln, Cadillac, Porsche and Infiniti.
$480,000 annual
August 11 2017 — Executed a contract with Google Brazil yesterday.
$2,000,000 annual
August 3, 2017 – Partnered deal with Assurant – purchased 500 units to start and asked us to put another 500 on hold.
$200,000 and growing!
August 1, 2017 — Entered into a marketing agreement with one of the largest worldwide online shopping sites with access to over 50 million customers. Berman reported via phone call – selling 20-40 units per day.
$2,000,000 annual
June 26 2017 – Signed a deal with a leading Auto Dealer group in South America representing Nissan, Toyota, GM, Ford, Land Rover, Kia and Hyundai.
$300,000 annual
April 19, 2017 — Received a $100K order for Drive Safe App from 1 of the leading Asian auto manufacturers with HQ’s based in Korea and Japan.
$100,000
January 24, 2017 — Secured 8 new Auto Dealer Vendors in Florida State for Drive Safe App.
$672,000 annual
December 23, 2016 — Drive Safe App installed on a large Taxi fleet in the North-East USA, first 250 vehicles during the 2nd week of January 2017 increasing until full installation has been completed in the company’s 1500 vehicle Taxi fleet.
$300,000
They're called Purchase Orders. The dealership will order(buy) however many units they want. They will then sell it to their customers for at least 100% markup. I've worked for new car dealerships in the past. I've never seen anything on "consignment" at any dealership.
And...you’re blocked. Good riddons.
You're telling the longs to step back and look at the "big picture"? That's rich.
It’s clear your wanting cheaper shares. Lol
Take a few steps back and try to see the big picture. Regardless of what arrangement Steve Berman has with the dealerships (consignment or not). The sales are NOT recorded as revenue when the dealerships "take" the product. They will only be recorded as a sale on ONCI books when the dealership sells it to their customer.
So what your tying to say is Steve want to desperately go to jail. Fooling investors while steeling $20k/day from investors? Interesting. Steve has a great reputation from what i can see. Some deals he has made can and are verified. Last fins were up %70 if im not mistaken (un-audited). 30+ million in yearly deals. At this point you provided no facts just speculation and an expired CPA license Rick. $ONCI
Reported and expected sales are the "carrot" to get you to buy. The market stopped paying attention to Steve's reported sales 2+ months ago in case you hadn't noticed. The stock is adjusting downward (now) in anticipation of what actual sales will be. JMO
it's the otc. if steve showed certified check from one dealer for 30m. don't think we would be able to buy shares at the present price. it's all about potential. i will not tell any one how they should or should not spend their money, their adults, their decision. if the price stays where it is or lower for another day, i'm picking up another 1/2M this week. glta. jmo
Mr. Berman say's we have sales that amount to xxxx from a dealership in xyz State or region. You laugh at those reported revenues and scoff at our CEO's remarks? I think those PR's are accurate, and until proven otherwise I'm long!
We have previously confirmed that no product is provided on consignment. Please dont provide your uneducated guesses as an actuality.
Capoli is the latest attempt by Steve to create sales out of thin air. I hope you did not fall it. Sounds like you did. $30+ mil LOL. Steve Berman stop your yapping and show us the money. $29 mil market cap LOL. ONCI is an overvalued piggy and THAT IS A FACT.
Really? 30+ mil in revenue? LOL .. just because a dealership "takes" ONCI product (Berman's word used in numerous PR's) doesn't mean it's actually sold and recorded as revenue. #ConsignmentSale
You better believe it! Just a matter of time. We have no clue what kind of deals our commission only salespeople have put together over the last several months. Once fins are audited and verified people will believe future PR's without all this doubting nonsense. Just thinking about possible revs for 2018 puts a big smile on my face. We are golden, just a little more patience and we run without slowing down IMO!
Good luck to all shareholders!
I am banking on this Steve-o with my millions of shares held with a DEATH GRIP!
$ONCI #PERFECTSTORM $ONCI
Lots a legal matters in the works and for good reason JMO
The t trades are posting due to the 3a10 judgement & where those exempt shares have to be held & sold through aka brokerage house/institutional market maker. Dilution, yes but All shareholders knew it had to happen prior.
"INTERIM FINANCIAL REPORT
On September 7, 2017, On4 Communications, Inc., a Delaware Corporation (the “Company”) entered into a
Settlement Agreement (the “Settlement Agreement”) with Livingston Asset Management LLC, a Florida limited
liability company (“LAM”), pursuant to which the Company agreed to issue certain common stock to LAM, in
tranches, as necessary, in exchange for the settlement of certain past-due obligations and accounts payable of the
Company acquired by LAM (the “LAM Assigned Accounts”). Such past-due obligations and accounts payable
contained in the Settlement Amount covers approximately $1.8 million in Company obligations as reported in
the Company’s most recent quarterly financial report dated July 31, 2017, which LAM has settled with the
Company’s creditors at an average of less than fifty per cent (50%).
On September 26, 2017, the Circuit Court of Baltimore County, Maryland (the “Court”), entered an Order Granting
Approval Of Settlement Agreement And Stipulation (the “LAM Order”) approving, among other things, the
fairness of the terms and conditions of an exchange of the Company’s common stock to settle the LAM Acquired
Accounts, pursuant to Section 3(a)(10) of the Securities Act of 1933, as amended (the “Securities Act”), in the
matter entitled Livingston Asset Management LLC v. On4 Communications, Inc. (the “LAM Action”). The LAM
Order provides for the full and final settlement of the LAM Action. The Settlement Agreement became effective
and binding upon the Company and LAM upon execution of the LAM Order by the Court on September 26, 2017.
Pursuant to the terms of the Settlement Agreement approved by the LAM Order, the Company agreed to issue to
LAM shares (the “LAM Settlement Shares”) of the Company’s common stock, $0.0001 par value (the “Common
Stock”) at a forty five percent (45%) discount to market. The Settlement Agreement provides that the LAM
Settlement Shares will be issued in one or more tranches, as necessary, sufficient to satisfy the LAM Settlement
Agreement through the issuance of freely trading securities, exempt from registration, issued pursuant to Section
3(a)(10) of the Securities Act, with the first tranche of Common Stock to be issued to LAM being 40 million shares.
Steve Berman
Chairman and Chief Executive Officer October 16, 2017"
We have 30+ million in revenue with more deals to be announced! When Financials are audited we will gap way up and continue to run IMHO. $ONCI
idk.. i think mm's do try
to be accommodating...they're obligated to fill the mkt orders
no doubt there's a lot of shuffling going on w/in the mkt hrs.. jmo
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INTRODUCTION TO ONCI
Steve Berman, CEO AND NOW HIS LINKEDIN PROFILE IS DELETED! LMFAO!! |
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