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Revenue Recognition:
The Company recorded , supported by sales contracts, totaling $5,533,159 for the 3 months ended January 31, 2020 arising primarily through the sale of the FMS safe driving App and the CogoSense Apps.
This compares with sales of $ 4,551,116 for the 3 months
ended January 31, 2019 (representing an increase of approximately 21.6 % year-over-year).
6.1 million LY in 4 months
5.5 million TY in 3 months
FINS AND LAWYER LETTER COMING AFTER-HOURS...YIELD TO BE REMOVED.
ONCI had a quarter of the revenues it has now when it traded at .015.
Fair value now at 1x earnings is .0015.
CEO hinted at buyout for .0085 in last PR.
Bid building at .0003. Looks like .0004 is about to vanish.
Fins and lawyer letter hitting TODAY.
4 billion OS/ 6 million in annual revenues at 1x earnings puts this at .0015.
#Undervalued
$ONCI number 1 on breakout boards after massive buying Friday.
https://ih.advfn.com/stock-market/USOTC/on4-communications-pk-ONCI/trades
Bid growing. Company did 6 million in revenues in 2019, market cap 400k. This is undervalued. Congrats to whoever picked up the .0001's.
Most of the software downloads occur through the admin portal on the bSafemobile.com and Fleetsafer.com websites.
Please provide links. The APPLE store does not show DL count:
https://apps.apple.com/us/app/bsafemobile/id1109191423
https://apps.apple.com/us/app/fleetsafer/id957483278
Google Play:
https://play.google.com/store/apps/details?id=com.cogosense.bsafemobile
Installs are 100+ for bsafemobile. That's more than no one. Next level is 1000+ so there could be hundreds of people using it. Likely more because more folks have Apple phones than androids. There are other platforms as well that the software can be DL'd from, like after you log into Fleetsafer.com and BSafeMobile.com and Zoomsafer.com.
Fleetsafer has 1000+:
https://play.google.com/store/apps/details?id=com.aegismobility.guardian
Fleetsafer costs $5 a month to run after pruchase. There's over 1000 (next level 10k) so there could easily be 4-5k a month using FS at $5 a month. And that's just the Android platform.
This is all crude math, but to say NO ONE is using it is nonsense.
https://www.multichannel.com/news/lifetime-leads-cables-ratings-rise-132238
For the first time in its history, Lifetime Television finished the first quarter as the No. 1-ranked basic-cable network in primetime. And the women's network prevailed during one of the medium's strongest ratings and viewership periods in several years.
If you're a woman, , you watch lifetime.
https://thebalancingact.com/?gclid=CjwKCAjwmKLzBRBeEiwACCVihl7v6BAUkOrVi7-twQNPQv1_hK7uNnkeN8GTmVuUjmSrV1RAJ9R8NhoCMMMQAvD_BwE
ONCI product now on AMAZON with new branding and price structure.
https://www.amazon.com/dp/B084VD5K68?Subscrip...0&th=1
NEWS NEXT WEEK.
https://fms-tech.com/
Fleet Management Systems
Cogosense UK:
https://drivecommander.com/about/
https://drivecommander.com/
https://drivecommander.com/shop/
Remember--a good portion of ONCI's revenues come from monthly subscriptions for Fleetsafer and Drive Commander. $5.00 a month per vehicle.
Ford Fleet & PSE&G are current Fleetsafer users.
Many of us have, and we all got the same response, which is much different than yours:
Olen Vanderleeden
Olen Vanderleeden 2:49 PM
Yes I’m still with Cogo. Yes we have a relationship with ON4 but I’m not allowed to provide details, official communication is supposed to come through Berman and ON4. Have you reached out to him directly?
I, Alan Bailey, Chief Financial Officer certify that:
1. I have reviewed this Annual Disclosure Statement of On4 Communications, Inc for the 12 Months Ended October 31,2019;
2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this disclosure statement; and
3. Based on my knowledge, the financial statements, and other financial information included or incorporated by reference in this disclosure statement, fairly present in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this disclosure statement.
January 17, 2020
”/s/ Alan Bailey
5.5 million annual revenues. Over 11 million in assets and trading with a market cap of under 3 million.
#undervalued
The following summary shows that the company has booked about $5.5M in revenue over the past 12 months,
Turned a net profit of $2.5M with a 46% profit margin,
Received $2M in CASH from sales,
Reached over $10M in assets including an increase of $1.25M of cash invested in the Distracted Driving Solutions business, Cogosense, and the startup Craft Cannabis/CBD business, Sifthouse BC, while the liabilities are only $5.5M (of which only $233K are convertible notes) - resulting in Shareholders' Equity of +$4.75M.
Undervalued? No question. Even the most mundane business catagories command a PE ratio of 10x or better. 10x ONCI's profit over the past 12 months is 10 x $2.5M = $25M. This valuation is over 10x the current market cap of ONCI, which is ~$2.1M when the pps is 0.0006. And ONCI's business categories are anything BUT mundane. A PE ratio of 25+ is likely, IMO, when certain milestones are achieved and it breaks away from this penny mentality that retail has been favoring so heavily until now.
I say this is only possible because a small handful of retailers are playing with 50-100M shares each, and it's been fairly easy to control the price with timed buys and sell blocks during the continuous moderate dilution from the note holders and SB's cash-raising shares over the past year+ -- until anytime now. One announcement of a reasonable breakthrough, and many will be surprised to see that ONCI can run just as fast and hard in 2019 as it did in 2017.
June 2018 Semi annual report share structure shows:
Total shares authorized: 5,030,000,000
Total shares outstanding: 4,436,047,369
https://backend.otcmarkets.com/otcapi/company/financial-report/196024/content
June 2019 Semi annual report share structure shows:
Total shares authorized: 5,000,000,000
Total shares outstanding: 3,532,504,870
https://backend.otcmarkets.com/otcapi/company/financial-report/223377/content
ONCI PROFITABLE RECORD REVENUES, 40% PROFITS/INCOME ON SALES:
Q1 2017 = 55k
Q2 2017 = 305k
Q3 2017 = 530k
Q4 2017 = 790k
Q1 2018 = 955k
Q2 2018 = 1.05mm
Q3 2018 = 1.2mm
Q4 2018 = 1.3mm
Q1 2019 = 1.4mm
Q2 2019 = 1.49mm
Q3 2019 = 1.43mm
ONCI EARNING 200K IN PROFITS MONTHLY!
ONCI CURRENT ASSETS $10,235,831 MARKET CAP $3,179,254
BERMAN INVESTED 25K TO FILE OFFERING WITH SEC at .0006.
BIG NEWS COMING THIS MONTH IMO...
https://backend.otcmarkets.com/otcapi/company/financial-report/230357/content
FOR THE 9 MONTHS ENDED JULY 31, 2019
As of July 31, 2019 the number of shares outstanding of our Common Stock was 3,741,520,603
As of October 31, 2018 and as of April 30, 2019 the number of shares outstanding of our common stock was 4,505,705,518 and 3,532,504,870 respectively.
Bid flirting with 100 million now. Congrats on the buyer who got the .0002's yesterday. Ask shrinking as well...
FLEETSAFER website updated 2020 with two new features:
SafeDial™
SafeDial™ is the first and only safe driving solution to fully foster compliance with new FMCSA cell phone regulations requiring any mobile phone calls made by interstate commercial drivers to be “one-touch” and hands-free in nature. SafeDial™ is a feature enhancement available on any of FleetSafer GPS, OBD or Telematics.
SafeApp™
SafeApp™ is the first application manager that allows corporations to selectively allow applications permitted by company policy (ex. navigation) to be used while driving. SafeApp™ is a feature enhancement available on any of FleetSafer GPS, OBD or Telematics.
https://www.cogosense.com/distracted-driving/distracted-driving/component/content/20-products/50-products
Fleetsafer now available as FOUR DIFFERENT product matrix types:
FleetSafer® GPS Software-only solution is simple and inexpensive
FleetSafer® OBD Incremental hardware device enables real-time trigger performance
FleetSafer® Telematics Leverages existing investments in telematics systems
FleetSafer® Vision No software required on the cellphone. Call records and telematics data are post-processed to provide conformance analytics and reports. Leverages existing telematics data to measure distracted driving behavior regardless of device type
WOW--ONCI products being offered by CNA Insurance.
CEO Berman is testing with additional insurers. CNA is the first on MANY IMO!
https://www.cna.com/web/wcm/connect/b379b417-de1a-466a-8ece-931b48265b81/RC-Allied-Vendor-Cogosense-CNA.pdf?MOD=AJPERES&CACHEID=b379b417-de1a-466a-8ece-931b48265b81
This is our year Ulmadi...SB knows an audit is what will make this happen. The fact that he is being so tight-lipped right now leads me to believe he may very well be working on one. Especially if he has investors lined up.
Another thing--it's quite possible all those .0002's yesterday were purchased by SB & co. He did mention not too long ago of a possible buyback.
This selling is crazy if we do decide to go private it will be great for shareholders. we are also considering taking a big investment into the company which will value the company at much higher levels. Everything is on track for a great qtr and a great yr
— On4 Communications (@on4company) May 23, 2019
ONCI PROFITABLE RECORD REVENUES, 40% PROFITS/INCOME ON SALES:
Q1 2017 = 55k
Q2 2017 = 305k
Q3 2017 = 530k
Q4 2017 = 790k
Q1 2018 = 955k
Q2 2018 = 1.05mm
Q3 2018 = 1.2mm
Q4 2018 = 1.3mm
Q1 2019 = 1.4mm
Q2 2019 = 1.49mm
Q3 2019 = 1.43mm
ONCI EARNING 200K IN PROFITS MONTHLY!
ONCI CURRENT ASSETS $10,235,831 MARKET CAP $3,179,254
BERMAN INVESTED 25K TO FILE OFFERING WITH SEC at .0006.
BIG NEWS COMING THIS MONTH IMO...
ONCI How many 'scams' are pink current?
https://www.otcmarkets.com/stock/ONCI/security
Authorized Shares
5,030,000,000
04/30/2019
Outstanding Shares
3,532,504,870
04/30/2019
Float
3,254,427,154
04/30/2019
Market Cap
1,413,002
https://backend.otcmarkets.com/otcapi/company/financial-report/223377/content
TOTAL ASSETS OVER 10 MILLION
$ONCI everything is cyclical. And ONCI will return to form.
This was .0002 three years ago with NO REVS. With a mere 55k in revs, ONCI traded at .0008.
ONCI will reveal on time yet again a total of $5.8 million in revs for 2019, IMO. Another record year.
2020 IMO should see revs pushing over 6 million. Add in another big fleet contract, or insurance company contract, and we could see much more than that.
.0002 is a steal, IMO.
GLTA
ONCI 2020
2019 was a very difficult year for ONCI. After seeing the share reduction of 1.365 billion shares, investors ran and the price plummeted to where it is today. I believe that 2020 will breathe new life into ONCI, with a sharp increase in the PPS once everything begins to unfold. It is my very strong opinion that Steve Berman has learned from his huge mistakes, and will no longer 'put the horse before the cart'. His silence means one of two things--we will only hear of done deals moving forward, OR he has a buyer for the company.
Yes, there's a great deal for investors to be pissed about. SB promised a huge private label deal with ads, touted it for months on Twitter, then left that catalyst in the dust. Combine that with share selling and other missed opportunities, and the company sits at the hugely undervalued .0002.
Why undervalued? The Cogosense deal is the real deal, I have communicated with the developers there and they confirmed 100% they have a deal in place with ONCI. As of the last Q, dated 9/13/2019, the Company had cumulatively paid $ 1,375,000 towards the overall purchase price of $ 2.6 million to acquire 100% of the CogoSense company, including its technology assets, revenue stream and customer base. That's a 2.6 million dollar asset. That alone is worth more than .0002. Add in revenues and assets valued at over 10 million, and I see a company valued at over .003. It's all in the filing:
https://backend.otcmarkets.com/otcapi/company/financial-report/230357/content
One of my team recently texted with SB--GiftcardExchange.Shop was recently renewed and is currently in Beta-Testing. This has taken much longer than expected, but it's in the works.
Sifthouse is still a mystery--sifthouse.com is still "coming soon". I'm not holding my breath here, if it happens it will be pleasant surprise. IMHO, ONCI does not need it.
ONCI is pink current, has never been late with its filings. Ever. There's an offering out there now, SEC qualified, for shares at .0006. It's my opinion, a very strong one, that this is about to surpass that PPS.
https://ih.advfn.com/stock-market/USOTC/on4-communications-inc-ONCI/stock-news/81378827/notice-of-qualification-regulation-a-qualif
During the months of Nov and Dec, we've accumulated .0001's and .0002's and are now ready to see this investment pay off. We should be hearing from SB this month with a full update and the 2019 FINS, on or before January 30th.
GLTA
GMGI has been on my WL for a LONG time. Might be time to take another starter...
Nope I'm here and accumulating ONCI. Just staying quiet for now as there is nothing to talk about at the moment. I do believe that's going to change for the better soon.
GLTA
Q3 FINS OUT:
9/13/19 Q report:
https://www.otcmarkets.com/stock/ONCI/disclosure
https://www.otcmarkets.com/stock/ONCI/news/letter-to-shareholders?id=182149
I would like to take this opportunity to talk to all shareholders about why the audit could not get done. We have been trying for months to get all the information needed to complete an audit. Unfortunately there is an abundance of information that was needed that current management of On 4 communications does not have access to. We have reached out to Tim Owens previous CEO of the company but have not heard back. In addition previous management racked up a huge bill with the state of Delaware causing a major problem for us with getting a good standing notice. We have been negotiating with Delaware to reduce this bill and are currently still in negotiations. Even though we are currently a Colorado company this outstanding bill needs to be paid to complete and audit. This is not a current bill but a past due bill from years ago. That being said just as the buck starts with me it ends with me. I take full responsibility as CEO of the company for not getting this done. We are working hard to get all this information together to get a complete audit done.
Record fins have always been on time. I anticipate revs around 1.5 million. Payments from private label client have been coming in, IMO. Accounts receivable payments coming in.
New all-in-one product now available on Amazon.
Zoomsafer back from the dead as a brand new retail version of bSafeMobile.
No-brainer at .0005.
$ONCI
Really?
https://backend.otcmarkets.com/otcapi/company/financial-report/223377/content
On August 17,2017 the Company entered into a non-binding Letter of Intent to purchase CogoSense Technology, Inc. a Canadian company, which developed and is selling its FleetSafer App – an enterprise software solution for smart phones and tablets that Detects the driving state of an entire on-the-road vehicle fleet and automatically places those devices into “safe mode” while driving occurs, to prevent distractions.
CogoSense has also developed an individual consumer version called bSafeMobile and the bFoundMobile App which is a fleet vehicle tracking system to monitor vehicle locations at any time. At April 30,2019 the Company had cumulatively paid $ 1,375,000 towards the overall purchase price of $ 2.6 million to acquire 100% of the CogoSense company, including its technology assets, revenue stream and customer base.
https://www.zoomsafer.com/ Copyright 2019
https://www.amazon.com/dp/B07XB3LSK1 Listed September 4th 2019