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I don't understand? How many Bsafe or Fleetsaver apps were sold to Assurant?
In my own opinion, I don't understand how an insurance company would make any money offering to sell the device to an insured? In my mind if an insurance company told me I had to buy the device I would have to add it as a cost of my insurance policy. Now if Assurant told me I would receive a 10% discount by having this device,,,I am driving up to Best Buy or getting on-line with Amazon and buying one.
Now if Assurant handed me a card for a 10% discount on the App., I am on the phone or the internet buying it directly from Cogosense. I just can't see an insurance company ordering and storing the items.
As I said, this is only my opinion as to how this would work best. I am sure Steve has a plan much better than mine.
Personally I don't see the insured's involved in selling the device at all. I think HEXG needs to get in front of the insurers' and offer to pay the insurer's a commission for each device sold due to the insurer's recommendation. I really don't see an insurance company ordering and storing then selling the App. directly to the customer. However, if Steve @ Company can work a deal where the insurance company is paid for a sale due to a recommending the device, I believe they would go for that in a flash! It's easy enough to track and a win/win/win for HEXG/Insurance company/customer.
And you are right,,,there is great application for rental car companies and every fleet of trucks and vehicles.
As it is Monday evening where Steve is, I wonder if he had any meeting today? I look forward to a message that the manufacturing and distribution location is locked up. So much going on, something to look forward to each week. Normally two or three things. Best OTC investment on the market. Maybe the best in any and all markets.
In my opinion there are 0 insurers who would purchase a Distracted Driving device. I can see them offering discounts to policyholders which have a DD App. But there is no incentive for them to buy the app.
Auto manufacturers will have an incentive as families will want this installed to help ensure 'little debbie' isn't distracted as she is now driving alone. Mom and Dad will be able to log on and determine if 'little debbie' is engaging in texts and calls. The problem is mom and dad can't call or text 'little debbie' to tell her to get off the damn phone until she arrives to her next stop. lol
cryptRich and sparky, thanks for showing me the article and the post over on TXHD. We did not see the connection. Thanks again.
This was also reviewed. We didn't think this would be a company which Steve would pursuit,,,but who knows,,,he is the genius with the plan...
TXHD Settlement Agreement with same Asset Management Group as On4's and on the same date.
I am not finding an MJ connection here. TXMD distributes out information for companies, or so it appears. I am going to keep looking though.
OTC 8k Report forTXHD,,,9/26/2017
SECTION 1 - Registrant’s Business and Operations
Item 1.01 Entry into a Material Definitive Agreement.
On September 26, 2017, Textmunication Holdings, Inc., a Nevada Corporation (the “Company”) entered into a Settlement Agreement and Stipulation (the “Settlement Agreement”) with Livingston Asset Management LLC, a Florida limited liability company (“LAM”), pursuant to which the Company agreed to issue common stock to LAM in exchange for the settlement of $414,507.08 (the “Settlement Amount”) of past-due obligations and accounts payable of the Company. LAM purchased the obligations and accounts payable from certain vendors of the Company as described below.
On September 26, 2017, the Circuit Court of Baltimore County, Maryland (the “Court”), entered an order (the “LAM Order”) approving, among other things, the fairness of the terms and conditions of an exchange pursuant to Section 3(a)(10) of the Securities Act of 1933, as amended (the “Securities Act”), in accordance with a stipulation of settlement, pursuant to the Settlement Agreement between the Company and LAM, in the matter entitled Livingston Asset Management LLC v. Textmunication Holdings, Inc . (the “LAM Action”). LAM commenced the LAM Action against the Company to recover an aggregate of $414,507.08 of past-due obligations and accounts payable of the Company (the “LAM Claim”), which LAM had purchased from certain vendors of the Company pursuant to the terms of separate receivable purchase agreements between LAM and each of such vendors (the “LAM Assigned Accounts”). The LAM Assigned Accounts relate to certain contractual obligations and legal services provided to the Company. The LAM Order provides for the full and final settlement of the LAM Claim and 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, on September 26, 2017, 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”). 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 Amount through the issuance of freely trading securities issued pursuant to Section 3(a)(10) of the Securities Act. Pursuant to the Settlement Agreement, LAM may deliver a request to the Company for shares of common stock to be issued to LAM (the “LAM Share Request”). The parties reasonably estimate that the fair market value of the LAM Settlement Shares to be received by LAM is equal to approximately $690,845.00. Additional tranche requests shall be made as requested by LAM until the LAM Settlement Amount is paid in full.
Killer Whale, a couple of us checked on this the day it came out.
Seems a coincidence to us.
$TXHD,,Aspire Consulting Group
What We Do:
Services
Connect. Design. Engage.
The New Digital Age
Individuals and businesses alike are embracing the digital revolution. Social networks and digital devices are being used to engage government, businesses and civil society, as well as friends and family. People are using mobile, interactive tools to determine who to trust, where to go and what to buy. At the same time, businesses are undertaking their own digital transformations, rethinking what customers value most and creating operating models that take advantage of what newly possible for competitive differentiation. The challenge for business is how fast and how far to go on the path to digital transformation.
Simplifying existing IT - Unlocking value by consolidating applications and platforms, simplifying processes and integrating services, enabling you to handle heritage debt and run better on an efficient IT backbone.
Modernizing existing IT - Helping you update legacy applications and platforms and transform processes and operating models to roll out your digital business nimbly.
Securing IT - Bolstering your resilience against cyber threats and other vulnerabilities by employing threat intelligence, security analytics and private cloud and device security.
I personally don't believe insurance companies will ever be a direct sales market for the product as they wouldn't ever sell the actual product. What we need is for insurance companies to REQUIRE every policy holder to maintain a Distracted Driving App in their vehicles. In order to have them direct their policy holders to have an app, they will offer discounts to the policyholder's cost.
That way they can have advertisements showing they are doing its part in the fight against the #1 cause of accidents. Then the following year, they raise the insurance rates to re-coup the discount they originally provided.
Now we could pay the insurance companies a commission in all sales for DIRECTING policyholders to the bSafe web-site. HEXG can easily keep track of each insurance companies sales by giving the insurance company a code to have its policyholders enter.
As this is 2 of 2 for my posts today,,,good luck to everyone in all of your trades.
Progressive is already doing that. They have an app (not sure what the hell it actually does as I don't insure with them) and give you a supposed discount when you install it.
I would doubt very seriously that they will require the bsafe app be installed, but I am also sure that they will soon offer discounts for having some distracted driving app in your vehicle. That alone will cause thousands of people to purchase our App. And once this baby hits QVC, you can bet the insurers will take notice and very quickly act. All in my opinion!
Where are the units being manufactured today? I imagine it's a small manufacturing facility as although there were some sales of this devise prior to Steve getting involved, those sales were tiny compared to what is being sold as well as what we anticipate sales to be very soon. I understand that Steve is working on new manufacturing and distribution locations however, are we prepared to manufacture an additional 20,000 units per month to present day sales if two large auto-manufacturers place orders and need them by end of November?
Also, as I am limited to two postings a day until I get out of Ihub jail, I wanted to ask another question. Would it we wise to prepare our questions in advance and have INSTATRADER ask those questions prior to opening it up to dialog and additional questions we might have as the CC goes along? As I have been involved in stockholder meetings in the past, this might be a huge time-saver.
Just asking!
With not only Steve's deals coming, we have 23 or 24 sales people out making deals of their own. I anticipate November to be a giant month for ONCI. Millions in sales, FINRA approval, web-site running, leases for manufacturing and distribution facilities signed, new corporate headquarters, beginning the move from Pink to QB,,,all this besides news coming from Dubai. Big month ahead in my opinion.
Hey Breezerunner, what are the chances you could get your review of the App put on Amazon?
The Amazon description seems a little confusing. Might be a little technical for the average Joe or Josephine. Just my opinion.
My sentiments exactly TJG. I have no intention of selling a share. I got in this in May and have been accumulating on every dip. I didn't blink an eye as it neared $.02 as I believe in this CEO's vision and what he is accomplishing.
It has been amazing how many places I drive past and wonder why they don't have these devices for sale. Every parts store, every car dealer as an after-market sale. They will soon. Every day we get that much closer to the one piece of news which will catapult the PPS to a price where I might consider selling. Then again, maybe not!!
Good Luck Trading!
The areement with ONCI is not a 50/50 JV for ALL revenue. It is a 50/50 JV for all of the NECA BTD apps sold by ONCI. Here is a portion of the agreement.
ATLANTA, GA--(NewMediaWire - Sep 14, 2017) - Title King, through its parent Company, New America Energy Corp. (OTC PINK: NECA), announces that the Company has executed a Revenue Sharing agreement with On4 Communications (OTC PINK: ONCI) to promote and sell their BestTitleDeal (BTD) app.
The Revenue Sharing agreement is effective as of September 13, 2017 and shall remain in effect until December 31, 2018. Thereafter, the agreement shall automatically renew in Five-Year (5) increments. NECA shall share with ONCI Fifty-percent (50%) of all revenues derived and received from the sale of the BTD app through ONCI's relationships and agreements.[color=red][/color]
Yep, that's what it say's. Annual report shows for years 2015 - 2016
Yes, my apologies.
Thats what you need to pay for that trip. Congrats!
$HTGM,,RSI and Stochastic is hitting the oversold area. Its done pretty well for the last week, but may see a little sell off. JMHO Good luck trading
WOW,,,now that's a gap!!!
That's what I figured. I hope this runs up, as it should.
My last post showed $1.8 whereas it should be 1.8 million shares,,,my apologies
$TTCM,,crack the 50 day moving average? I am showing that @ $.0088,,,the 20 Day at $.0122,,,and the 200 day @ $.0154. The last couple of days has seen the PPS touch a few ticks shy of the 200 day moving average. If we can leap over the $0154 mark AND get over the upper Bollinger Band signal at $.0171 this thing could fly. Of course I have always been a dreamer,,,lol
.0171
LAM Order
Not sure who got the better of that deal. I certainly wouldn't mind owning $1.8M worth of ONCI stock right now. Put those shares into a vault for sometime in the future. Unless the agreement contained a clause where the stock will be convertible at say $.01 per share (which I don't see how it could), I would hold those shares for a long time. It's great to see ONCI debt free and this news is TERRIFIC!! Great time to be debt free at 50% of what is owed.
"...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%)..."
$RAD,,,went up $.12 from yesterday close. $.06 in after-hours and $.06 during today's trading. RSI, slow stochastic and macd all coming up out of the oversold territory. The PPS is up $.01 in after-hours @ 6:25 this evening. I will be checking on the open in the morning and see what happens.
We have hit all time highs the last few days,,,around 91. The nights are great as it gets around 75. I sit outside on my porch having a nightly cigar and scotch and have been known to fall asleep. I woke up around 2:30 Sunday morning and grilled some grouper. Not sure if that was a late dinner or early breakfast. lol
I just pulled up the TTCM chart and it looks ripe to head up. High of day has gone up to $.0150 for past couple of days but can't seem to keep the gains that high. An 18% gain today was nice and it looks as if it will continue as Slow Stochastic just coming out of being oversold at 16.22. MacD crossing signal line and headed up; RSI headed up at 55.84. It closed just above the 20 moving average and the high of the days is almost touching the 200 day moving average. Thanks for this stock pick. Looks great to me. Only my own opinion.
Here is an article which I knew you would enjoy reading. Less carbon footprint everyday. More and more relying on natural gas. Still a fossil fuel, but not as expensive to run. Less and Less people needed to run the plants. Of course Luminant tried to sell of these assets without success, but they can now claim they are becoming a more eco-friendly.
It is a good thing.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Coal power plant closures ramp up in spite of White House plans
Engadget Jon Fingas,Engadget 22 hours ago
The Trump administration may hope that it can reverse coal power's decline by ending the Clean Power Plan and other eco-friendly efforts, but the industry's moves suggest otherwise. Luminant has announced plans to close three major coal plants in Texas (in Freestone, Milam and Titus counties) between January and February of 2018. The shutdowns will take a combined 4,200MW of power off the grid -- enough to run over 4 million homes, as Reutersnotes. The news boosts the expected capacity of 2018 power plant closures to over 13,600MW, or a whopping 79 percent more than the known closures for this year. It's not a record high (nearly 18,000MW went offline in 2015), but it's clear that the trend is toward more closures, not fewer.
Luminant isn't shy about the reasons for the decisions, which will unfortunately lead to roughly 950 people losing their jobs. It blames an "oversupplied" renewable energy market, but it also points to low prices for both natural gas and wholesale electricity. These coal plants haven't been money-makers for a while, and there was nothing to suggest the market was about to turn around.
These latest closures illustrate the problems the White House faces with its plans to challenge the "war on coal" (as EPA head Scott Pruitt called it) by removing Obama-era regulations and policies. The decision to scrap the Clean Power Plan may have reduced pressure to lower carbon emissions, but that doesn't matter if it's no longer financially viable to run a given coal plant regardless of its emission levels. Simply put, the recent trend suggests that coal may be on an irreversible slide, and that clean energy tech like solar is still the future.
Damn, both of my buys this morning were predicated on good news. both down,,,but not out!!
During the CC I want to ask that all the web-based companies are updated to current information about ONCI. I have had 8 friends and family get into ONCI this past month and everyone of them has typed the company into Google and BING where they read information from last year. I have put them into the Ihub web-site so they can get the latest. Now when I bring up the company to someone, I immediately tell them to review all the DD on Ihub.
AND,,,I knew the Letsmake$ guy would be giggling about the news JUST as I knew he would turn and whine as the PPS dropped. I just want to reach thru my computer and "slap his ask".
About that time up there isn't it. Hopefully you get lots of powder this year! Yeah, I have a very large block. I have been accumulating on every dip below .01. Time will make this one of my largest paydays (hopefully)
yeah, you are up near Buffalo are't you?
Fantastic News this morning! Hopefully FINRA approval is announced prior to the show so Steve can provide the attendees a great Web-Site to log onto and a new place to call home.
Glad to read you had a good time. I caught trout and salmon up in Lake Erie. Great Fun!
NETANYA, Israel, Oct. 16, 2017 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (RADA) today announced that its Multi-mission Hemispheric Radar (MHR), which was purchased by Lockheed Martin in 2015 and is used since then in the development and testing of the ATHENA High-Energy Laser, took part in recent tests which proved that the system can deliver decisive lethality against unmanned aerial vehicle threats.
The MHR is used by the system to perform aerial surveillance, detect the aerial threats and cue the ATHENA optics to the aerial targets.
In tests conducted in August, the 30-kilowatt class ATHENA system brought down five 10.8' wingspan Outlaw unmanned aerial systems at the Army's White Sands Missile Range in New Mexico. Click here to see Lockheed Martin's Press Release and video of the testing.
RADA has recently added the ‘On-the-Move’ (OTM) operational capability to its MHR radar family. This capability enhances the operational envelope of counter-UAV weapon systems and enables them to mitigate these threats in all fighting scenarios.
Hey Fitz. I hope your camping trip was great!! Did you fish any,,,and catch any?
$RADA - Just out.
NETANYA, Israel, Oct. 16, 2017 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (RADA) today announced that its Multi-mission Hemispheric Radar (MHR), which was purchased by Lockheed Martin in 2015 and is used since then in the development and testing of the ATHENA High-Energy Laser, took part in recent tests which proved that the system can deliver decisive lethality against unmanned aerial vehicle threats.
The MHR is used by the system to perform aerial surveillance, detect the aerial threats and cue the ATHENA optics to the aerial targets.
In tests conducted in August, the 30-kilowatt class ATHENA system brought down five 10.8' wingspan Outlaw unmanned aerial systems at the Army's White Sands Missile Range in New Mexico. Click here to see Lockheed Martin's Press Release and video of the testing.
RADA has recently added the ‘On-the-Move’ (OTM) operational capability to its MHR radar family. This capability enhances the operational envelope of counter-UAV weapon systems and enables them to mitigate these threats in all fighting scenarios.
Yeah Dicky, this puts up over $18M signed annual contracts.
I hope you got your profit COZ. Hopefully the PPS is above $.016 at the bell.
Just an FYI on OTCQB Requirements. It now requires 30 days as opposed
OTC Requirements to move to OTCQB Status:
June 30, 2017
OTCQB STANDARDS RELEASE NO. 3.1 (PROPOSED AMENDMENTS)
OTC Markets Group has published proposed amendments to the OTCQB Standards. The proposal
includes a new process for Change in Control Events, minor amendments extending the due date of
the Annual OTCQB Certification from 30 to 45 days and allowing Alternative Reporting Companies
listed on a Qualified Foreign Exchange to qualify using financials prepared in accordance with IFRS.
Below is a description of the new process for Change in Control Events, which has been added as
section 2.4 of the OTCQB Standards:
Definition of a Change in Control Event:
“Change in Control Event” shall mean a transaction resulting in:
a) A change in the majority ownership or effective control of the Company;
b) Material changes to the Company’s management team or Board of Directors;
or
c) In conjunction with either above listed factors, a material change to the nature
of the Company’s business operations.
Procedures for Change in Control Events:
1) Notification. The Company is responsible for notifying OTC Markets Group upon the completion
of transactions resulting in a Change in Control Event.
2) OTC Markets Group may, at any time and in its sole and absolute discretion, determine that the
Company has undergone a Change in Control Event.
3) Review. Once a Change in Control Event has been identified, the Company must submit to
OTC Markets Group an OTCQB Change in Control Notification and a new OTCQB Application
and associated Application Fee within 20 calendar days. Failure to adhere to the notification’s
requirements, or comply with or respond to the request for additional materials or documents in
a timely manner may result in the Company’s suspension or removal from OTCQB.
4) OTCQB Certification. Immediately subsequent to a Change in Control Event, the Company
must file a new OTCQB Certification, reflecting any applicable changes.
5) Maintain Verified Company Profile. Immediately subsequent to a Change in Control Event, the
Company must log in to www.otciq.com to update and verify its Company Profile with the
information needed to ensure the Company Profile is current and complete in order to maintain
the “Verified Company Profile” designation on www.otcmarkets.com.
Comment Period of 30 days:
OTC Markets Group welcomes your feedback about the proposed changes. Send comments and
questions to Mike Vasilios, Vice President of Issuer Compliance at mike@otcmarkets.com by July 30,
2017.
Effective Date of Proposed Changes:
The proposed rules are scheduled to become effective July 31, 2017.
Yeah Cheds, I completely agree with you. However, unless we get the PPS taken down to the .0080 level from the MMs, I don't anticipate the price will drop that low. If it does, I will be selling my home and borrowing as much money as I can get my hands on to buy all I can get. As I mentioned, I anticipate an early week PR which will hopefully take the PPS well above this $.010 current level.
I am not sure how the OTC works when moving from Pink to QB? Is the OTC rule that in order to move to QB a company has to have audited financials AND maintain a PPS over $.01 for 30 consecutive days? Should a company maintain a PPS for 30 consecutive days while the audit is being prepared, do those days prior to the fins release count toward the 30 day rule? OR, does the date of the fins release start the clock? I am not even sure if a company has to file to get the QB status or does the OTC provide the status once the above two items listed above occur?
I guess I need to do some research on this myself.
Thanks Cheds.