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Dewm--PM me on the other board.
PROFITABLE 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
ONCI EARNING 200K IN PROFITS MONTHLY!
IMO ONCI IS SUPER UNDERVALUED. 1.4 BILLION SHARE REDUCTION NOW VERIFIED BY OTC MARKETS. DELAWARE IS PAID OFF. DEBT WAS 330K, BERMAN NEGOTIATED IT DOWN TO $1200.
MAJOR PRIVATE LABEL DEAL WORTH 2.88 MILLION ABOUT TO BE ANNOUNCED, MOVE TO COLORADO AND NAME CHANGE TO HEXAGON NEXT UP! AS TO BE REDUCED TO 4 BILLION WITH MOVE.
BERMAN INVESTED 25K TO FILE OFFERING WITH SEC. IMO THERE IS NO WAY SB WOULD INVEST THIS WITHOUT A BUYER IN THE WINGS.
SHAREHOLDER UPDATE COMING FRIDAY!!!!
To the trader that gave me .001's yesterday, thank you!
More to come...
$ONCI
PROFITABLE 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
IMO ONCI IS SUPER UNDERVALUED. 1.4 BILLION SHARE REDUCTION NOW VERIFIED BY OTC MARKETS. DELAWARE IS PAID OFF. DEBT WAS 330K, BERMAN NEGOTIATED IT DOWN TO $1200.
MAJOR PRIVATE LABEL DEAL WORTH 2.88 MILLION ABOUT TO BE ANNOUNCED, MOVE TO COLORADO AND NAME CHANGE TO HEXAGON NEXT UP! AS TO BE REDUCED TO 4 BILLION WITH MOVE.
BERMAN INVESTED 25K TO FILE OFFERING WITH SEC. IMO THERE IS NO WAY SB WOULD INVEST THIS WITHOUT A BUYER IN THE WINGS.
ISSUES: 144 MILLION ADDED TO OS, 5.8 MILLION IN AR.
Chillin,
I can tell you with 100% certainty that I know the person that made that purchase at the Johnson City AN. Numerous posters emailed them to confirm.
If you are unsure, since you work with AN, feel free to email them yourself.
Here is the full post about AN:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143208952
Thanks for looking...maybe FMS? Or Family Safety Mobile?
Would a direct to store or group sale show up in the corporate system?
I believe there is product in 20 to 25 autonation stores. In addition to TN, stores in Florida and Arizona have confirmed having it in stock. Try looking under Cogosense.
$ONCI UNDERVALUED. Q1 COMING THIS WEEK. THINK ABOUT THESE PROFITABLE REVENUES:
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 = EST 1.5mm+ COMING 3/15
ONCI IS SUPER UNDERVALUED. 1.4 BILLION SHARE REDUCTION NOW VERIFIED BY OTC MARKETS. DELAWARE IS PAID OFF. DEBT WAS 330K, BERMAN NEGOTIATED IT DOWN TO $1200...YES, THAT'S RIGHT, 330K TO $1200. THIS IS WHY WE WANT SB BEHIND THE HELM!
MAJOR PRIVATE LABEL DEAL WORTH 2.88 MILLION ABOUT TO BE ANNOUNCED, MOVE TO COLORADO AND NAME CHANGE TO HEXAGON NEXT UP! AS TO BE REDUCED TO 4 BILLION WITH MOVE! PHEW!
BERMAN INVESTED 25K TO FILE OFFERING WITH SEC. THERE IS NO WAY SB WOULD INVEST THIS WITHOUT A BUYER IN THE WINGS. NO WAY!
AND TO THINK THIS CAN BE HAD FOR UNDER .002. AMAZING.
$ONCI CURRENT MARKET CAP AT TODAY'S PPS IS $4,037,417
https://www.otcmarkets.com/stock/ONCI/security
$ONCI HAD 4.55 MILLION IN REVS LAST YEAR:
https://www.otcmarkets.com/stock/ONCI/financials
Q1 POSTING MONDAY.
#UNDERVALUED
ONCI WEBSITES
BsafeMobile.com
Fleetsafer.com
Cogosense.com
CtheRoad.com
DriveCommander.com
Eyes-up.co.uk
HexagonHoldings.com (currently being updated--plans to launch when ONCI becomes HEXA)
https://www.facebook.com/bsafemobile
https://order.bsafemobile.com/?fbclid=IwAR0GCA71uBcaQ68mNmHGbZPyJU0QStCZBr4ZzFc78aTrDm2XuHNo0Yix9A8
Good question that no one can answer. I am here for the long haul because ONCI in just three short years has gone from an empty shell to a profitable money-making machine. It will continue to grow too.
It can break its highs with momentum...many traders remember what it did in 2017. It will do it again, this time with more substance than hype.
Good luck!
ONCI will be back in the .002's in a flash once the FINS hit, once the 2.88 million dollar PL deal is announced. When the ads hit, and ONCI becomes HEXA...look out above IMO.
I feel bad for those taking a loss down here...
GLTA
So I checked 10 companies at random from my favorites list. All are pink/otc companies. Let’s see how many of them are audited.
AGTK – unaudited
DSGT – unaudited
EVIO – unaudited (STOP sign)
INTK – unaudited
SIGO – no financials posted (STOP sign)
VRUS – unaudited (STOP sign)
MJNA – unaudited
AMFE – currently unaudited, claims audit is underway (STOP sign)
BVTK – unaudited
HEMP – non reporting (STOP SIGN)
$ONCI
OUTSTANDING SHARES REDUCED 1.4 BILLION TWO WEEKS AGO! 3,105,705,518 OS MEANS THERE HAS BEEN 7.5 MILLION SHARES DILUTED SINCE EARLY LAST YEAR.
$ONCI CURRENT MARKET CAP AT TODAY'S PPS IS $4,037,417
https://www.otcmarkets.com/stock/ONCI/security
$ONCI HAD 4.55 MILLION IN REVS LAST YEAR:
https://www.otcmarkets.com/stock/ONCI/financials
Q1 POSTING MONDAY.
#UNDERVALUED
$ONCI UNDERVALUED. Q1 COMING THIS WEEK. THINK ABOUT THESE PROFITABLE REVENUES:
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 = EST 1.5mm+ COMING 3/15
ONCI IS SUPER UNDERVALUED. 1.4 BILLION SHARE REDUCTION NOW VERIFIED BY OTC MARKETS. DELAWARE IS PAID OFF. DEBT WAS 330K, BERMAN NEGOTIATED IT DOWN TO $1200...YES, THAT'S RIGHT, 330K TO $1200. THIS IS WHY WE WANT SB BEHIND THE HELM!
SEC FILING TO RAISE CAPITAL FULLY LEGITIMIZES (AGAIN!) ONCI. BUCKLE UP!
MAJOR PRIVATE LABEL DEAL WORTH 2.88 MILLION ABOUT TO BE ANNOUNCED, MOVE TO COLORADO AND NAME CHANGE TO HEXAGON NEXT UP! AS TO BE REDUCED TO 4 BILLION WITH MOVE! PHEW!
AND TO THINK THIS CAN BE HAD FOR UNDER .002. AMAZING.
GLTA
$ONCI So let's take a look at this list of 'LIES' that's been footballed on this board and see what really gives. You want the truth? Here you go:
It's true, $ONCI CEO Steve Berman has landed appointments with all of these companies. Think about it, would big name companies like this ever allow some fly-by-night scammer through the doors, much less consider their products? SB is a sales professional who knows how to get his foot in the door. This list proves that.
IMO any one of these deals could hit at any time:
1.BMW -- REQUESTED TRANSLATION IN SEVEN LANGUAGES.
2.GENERAL MOTORS -- REQUESTED TOO MANY CHANGES TO HARDWARE, SB PULLED OUT OF TALKS
3.Kia Motors -- NEVER ANNOUNCED--THIS IS A FABRICATION
4.San Antonio Mayors office -- DD SHOWS THAT WE LOST THIS DEAL TO A COMPETITOR
5.Uber -- SB HAD TWO APPOINTMENTS. VERY POSSIBLE DEAL NEVER PANNED OUT. WE NEVER RECEIVED AN UPDATE.
6.Toyota -- SB LANDED MULTIPLE TOYOTA DEALERSHIP DEALS--THERE WAS NEVER A MEETING WITH CORPORATE
7.Ford Motors -- SB HAD TWO APPOINTMENTS, IT CAN BE ASSUMED AT THIS TIME THAT FORD IS NOT INTERESTED HOWEVER WE CONTINUE TO ADD CORPORATELY-OWNED DEALERSHIPS TO OUR ROSTER OF CLIENTS, WHICH COULD PIQUE THE INTEREST OF CORPORATE. AS DISTRACTED DRIVING CONTINUES TO BE A PROBLEM, MORE CORPORATIONS WILL TAKE NOTICE OF ONCI'S PRODUCT.
8.Uber NYC -- HAD TWO APPOINTMENTS. SEE NUMBER 5.
9. QVC -- REQUESTED TOO LOW A PRICE, WOULD EFFECT INTEGRITY OF RETAIL PRICE IN MARKETPLACE. NOW THAT RETAILS PRICE IS COMING DOWN, LIKE MOST NEW TECHS AS THEY INFILTRATE THE MARKETPLACE, SB SHOULD TRY AGAIN IMO!
10.Michigan Government -- HAD TWO APPOINTMENTS, THIS MAY HAVE GONE TO A COMPETITOR. WE CAN USE AN UPDATE HERE.
11.Mobile dental STILL ON THE TABLE, CURRENT PROFITS GOING BACK INTO MONEY-MAKING DD APPS AND MJ
12.Medical Marijuana Las Vegas ???? -- ALL SB DID WAS ATTEND A MEDICAL MJ CONVENTION IN VEGAS AND IT WAS TWEETED AS SUCH. GOING TO A TRADESHOW DOES NOT EQUATE NEW DEALS.
13.Costco -- HAD AN APPOINTMENT, IT IS NOT EASY GETTING INTO THE BIG CLUBS.
14.Dubai Taxis THEY ARE CURRENTLY TESTING FLEETSAFER
15.Kareem HAD AN APPOINTMENT, I AM ASSUMING THEY PASSED.
16 Dubai major meeting 1 SILLY LIST HERE, SB WENT TO THE DUBAI AUTO SHOW AND MET WITH MANY COMPANIES--SHOULD HE HAVE NOT MET WITH THEM????
17. Dubai major meeting 2
18. Dubai major meeting 2
19. Dubai major meeting 4
20. Dubai major meeting 5
21. Dubai major meeting 6
22. Dubai major meeting 7
23. Dubai major meeting 8
24. Dubai major meeting 9
25. Dubai major meeting 10
26. Dubai major meeting 11
27. Dubai Newspapers -- TWO INTERVIEWS WITH SB POSTED HERE, LINKS STILL AVAILABLE. INTERVIEWS ARE STILL LIVE ONLINE.
28. Japan insurance company meetings -- SB DID SAY THIS WAS A VERY EXCITING OPPORTUNITY, BUT AGAIN, AN OPPORTUNITY DOES NOT EQUATE A SIGNED DEAL.
29. Medical marijuana Vancouver -- SIFTHOUSE ANYONE? THE PURCHASE PRICE IS 1MM, ONCI MADE A 100K DEPOSIT PENDING THEY RECEIVE THEIR LICENSE.
30. Private labels -- PHARREL PROTECTION, A NEW DIVISION OF A TOP 5 INSURER, HAS BEEN ANNOUNCED. SOON TO BE ANOUNCED IS A MAJOR DEAL WITH ADS. AS SOON AS ADS GO LIVE, SB MAKES THE ANNOUNCEMENT. HE HAS SAID THIS NUMEROUS TIMES.
31. Carmax -- DEAL IS DONE AND VERIFIED, TEST DEALERS IN FLORIDA HAVE PRODUCT.
32. Auto Nation -- DEAL IS DONE AND VERIFIED, REORDERS CONFIRMED AS NEW DEALERS JUMP ON BOARD. WE ARE LOOKING AT ABOUT 3-4 DOZEN OF THEIR 500 STORES CURRENTLY CARRY BSAFEMOBILE.
33. RTA -- MET AT DUBAI AUTO SHOW, ONE OF THE MEETINGS HE HAD THERE
34. Dubai Police -- SEE ABOVE, MET AT DUBAI AUTO SHOW, ONE OF THE MEETINGS HE HAD THERE
35. Share reduction -- RECENTLY UPDATED, LETTER SENT TO TA. SB EXPECTS THIS TO BE DONE BY JAN/FEB
36. AUDIT -- THIS REMAINS TO BE SEEN...SB WANTS IT DONE BUT WAS NOT ABLE TO DUE TO DE DEBT. HE ANNOUNCED THAT IT HAS BEEN NEGOTIATED DOWN AND PAID. HOPING FOR A 2019 AUDIT TO TAKE PLACE.
37. Name change -- COMING NOW THAT DE DEBT IS CLEARED, AFTER SHARE REDUCTION IS MADE.
38. Re Domicile -- COMING NOW THAT DE DEBT IS CLEARED, AFTER SHARE REDUCTION IS MADE.
39. RTA -- SEE NUMBER 33
40. DUBAI POLICE-- SEE NUMBER 34
41. Move to Colorado -- SAME AS REDOMICILE SEE NUMBER 38.
42. Enterprise Rent a car -- SB MET WITH THEM AND PITCHED BEFOUNDMOBILE, IT IS PRESUMED THAT THEY PASSED
43. San Antonio pilot contract -- IT HAS BEEN VERIFIED THAT WE LOST THIS DEAL TO A COMPETITOR. SEE NUMBER 4
44. Ford Fleet -- DEAL ANNOUNCED AND VERIFIED
45. FIAT CHRYSLER -- SB MET WITH THEM, AGAIN A MEETING DOES NOT EQUATE A DEAL! IT CAN BE ASSUMED THAT THEY PASSED FOR NOW.
46. MJ COMPANIES IN CANADA -- IS THERE AN ECHO IN HERE? DEAL ANNOUNCED WITH SIFTHOUSE, A STARTUP MJ CRAFT COMPANY.
47. SEED COMPANY -- SEE NUMBER 46
48. Abu Dhabi Taxi -- SEE NUMBER 17, MET AT DUBAI CAR SHOW
49. Al Fatim Motors -- SEE NUMBER 17, MET AT DUBAI CAR SHOW
50 FLY communications -- DROPPED IN FAVOR OF THE DIGITENT. FB ADS UP AND RUNNING. 1ST CAMPAIGN SHOWED 120 UNITS SOLD AT $200 EACH.
51. Ireland “distribution deal” over a year ago -- CATACLEAN DEAL ANNOUNCED, WE CAN USE CONFIRMATION IF THIS DEAL IS STILL GOOD.
52. England “distribution” deal that never happened -- SEE DRIVECOMMANDER.COM
There are two ways one can look at the above. Either get to the real truth of the matter, or voice your opinion of what the truth is. My DD tells me that SB is working like mad to make deals and to make ONCI successful. Show me ANY business where deals don't fall through, where employees don't leave. When plans just don't pan out to their fullest potential. ONCI IMO is a rare pink gem that will trade on the OTC within 1-2 years.
GLTA
Time to buy...
Try hitting the ask for 450 million shares and tell me how many you get. It's a good deal for the buyer. They've done their due diligence and see the potential that alot of us see. Someone wants to invest 1mm in ONCI and wants as many shares they can get out of it.
And please note that this is a LIVE offering, not a TEST. That leans more to the side of there being a buyer already lined up. If there wasn't, it would have been marked a test.
As well, there is NO WAY SB would invest 25k in this if he didn't have a buyer lined up already.
$ONCI UNDERVALUED. Q1 COMING THIS WEEK. THINK ABOUT THESE PROFITABLE REVENUES:
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 = EST 1.5mm+ COMING 3/15
ONCI IS SUPER UNDERVALUED. 1.4 BILLION SHARE REDUCTION NOW VERIFIED BY OTC MARKETS. DELAWARE IS PAID OFF. DEBT WAS 330K, BERMAN NEGOTIATED IT DOWN TO $1200...YES, THAT'S RIGHT, 330K TO $1200. THIS IS WHY WE WANT SB BEHIND THE HELM!
SEC FILING TO RAISE CAPITAL FULLY LEGITIMIZES (AGAIN!) ONCI. BUCKLE UP!
MAJOR PRIVATE LABEL DEAL WORTH 2.88 MILLION ABOUT TO BE ANNOUNCED, MOVE TO COLORADO AND NAME CHANGE TO HEXAGON NEXT UP! AS TO BE REDUCED TO 4 BILLION WITH MOVE! PHEW!
AND TO THINK THIS CAN BE HAD FOR UNDER .002. AMAZING.
GLTA
Steve Berman did not lie about DE debt being cleared.
He did not lie about the share reduction.
He did not lie about financials.
And he is NOT lying about this SEC filing, form 1-A. Folks, this is how the big board stocks raise capital.
This filing 100% confirms FINS are not made up as so many incorrectly surmised. It confirms our new law firm. It confirms that SB is committed to bringing shareholder value to ONCI/HEXA.
What else does SB have in store? All I know is that this is a major milestone for ONCI and its shareholders.
GLTA
Why? Steve Berman, that's why. The guy knows the art of the deal. No way he invested 25k (legal fees to get this filing done) without a guarantee of a return.
There's a buyer for these shares, 100%.
Bottom line someone dropped a million bucks down on our little company at .0024.
Bravo Mr Berman for making this happen.
In additional to the capital gain, we confirm that:
Legal - Name of Service Provider
Stout Law Group, PA
WE HAVE A NEW LAWYER
Legal - Fees $ 25000.00
SB PAID 25K TO FILE THIS WITH THE SEC. IMO THIS MEANS THE SALE IS A DONE DEAL.
I look forward to SB's full explanation of this.
It's not traditional dilution. In fact, many Nasdaq stocks take this route to raise capital.
Question: are these new shares that cut into the AS or do they come from the float?
There's also more than likely a restriction on when these shares are permitted to be sold.
Also--once we become HEXA, AS are reduced to 4 billion.
Does SB have a buyer in line for 450 million shares at .0024? Looks that way after my first read-through.
Regardless, this was done before Q1 and share reduction. Might be a done deal.
NO DILUTION.
Its all coming. $ONCI.
So I just checked 10 companies at random from my favorites list. All are pink/otc companies. Let’s see how many of them are audited.
AGTK – unaudited
DSGT – unaudited
EVIO – unaudited (STOP sign)
INTK – unaudited
SIGO – no financials posted (STOP sign)
VRUS – unaudited (STOP sign)
MJNA – unaudited
AMFE – currently unaudited, claims audit is underway (STOP sign)
BVTK – unaudited
HEMP – non reporting (STOP SIGN)
I'd say we are in much better shape than most of the above, most of whom are trading MUCH higher than ONCI.
So I just checked 10 companies at random from my favorites list. All are pink/otc companies. Let’s see how many of them are audited.
AGTK – unaudited
DSGT – unaudited
EVIO – unaudited (STOP sign)
INTK – unaudited
SIGO – no financials posted (STOP sign)
VRUS – unaudited (STOP sign)
MJNA – unaudited
AMFE – currently unaudited, claims audit is underway (STOP sign)
BVTK – unaudited
HEMP – non reporting (STOP SIGN)
I'd say we are in much better shape than most of the above, most of whom are trading MUCH higher than ONCI.
$ONCI
More coming, my friend. The market is about to catch on now at how undervalued this is. Most tickers trade at 5x earnings.
$ONCI is currently trading at less than 1x earnings.
Distracted driving isn't going away...it is the #1 cause of accidents in the USA. ONCI has a solution.
There's so much to look forward to here. Common sense dictates this! :-P
Also that $ONCI is WAY oversold, many peeps got shook out. L2 shows this to be super thin on the way back up.
See you in pennyland.
GLTA
$ONCI CURRENT MARKET CAP AT TODAY'S PPS IS $4,037,417
https://www.otcmarkets.com/stock/ONCI/security
$ONCI HAD 4.55 MILLION IN REVS LAST YEAR:
https://www.otcmarkets.com/stock/ONCI/financials
Q1 POSTING THIS WEEK.
#UNDERVALUED
Looks like another big ONCI Fleetsafer client:
https://www.linkedin.com/feed/update/urn:li:activity:6507298770361942017
https://www.linkedin.com/company/hmd-llc/
https://hmd.llc/
$ONCI in looking at the list of prospective PL dealerships on the east coast, it shows many companies that do in excess of a BILLION dollars annually in business.
Let that soak in...a BILLION DOLLAR company will be putting their name on OUR products.
Add in share reduction, AS count is at 3.1 billion. Float remains at 2.88 billion. THIS HAS BEEN UPDATED ON OTCMARKETS.
HEXA name change coming, AS will be reduced to 4 billion from 5 billion.
4.5 million in revs last year, 4.8 million in AR's (future revs) with AT LEAST another 2.88 million in revs added into the mix with the PL deal. This does not include any additional revenues gathered in 2019.
All this for less than a fifth of a penny per share.
APRIL is Distracted Driving Awareness month. IMO, the ads for the 2nd private label will run in April. Which means they should be approved any day, if not already. With Q1 fins due out next week, we should see an update with this reveal, among other updates.
Make no mistake, the FINS are 100% real and this company is in fact doing millions in revs, and IMO will continue to increase Q over Q. Q1 is est at 1.5 million.
The DE debt is cleared, the OS share reduction is DONE with a float under 3 billion. When HEXA comes, and it will imminently, the AS will be reduced 1 billion to 4 billion.
ONCI is crazy undervalued here....do your own DD, a few minutes at OTC Markets will show you that ONCI is a great opportunity.
$ONCI UNDERVALUED. Q1 COMING THIS WEEK. THINK ABOUT THESE PROFITABLE REVENUES:
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 = EST 1.5mm+ COMING 3/15
ONCI IS SUPER UNDERVALUED. 1.4 BILLION SHARE REDUCTION NOW VERIFIED BY OTC MARKETS. DELAWARE IS PAID OFF. DEBT WAS 330K, BERMAN NEGOTIATED IT DOWN TO $1200...YES, THAT'S RIGHT, 330K TO $1200. THIS IS WHY WE WANT SB BEHIND THE HELM!
MAJOR PRIVATE LABEL DEAL WORTH 2.88 MILLION ABOUT TO BE ANNOUNCED, MOVE TO COLORADO AND NAME CHANGE TO HEXAGON NEXT UP! AS TO BE REDUCED TO 4 BILLION WITH MOVE! PHEW!
AND TO THINK THIS CAN BE HAD FOR UNDER .002. AMAZING.
GLTA
I know of a few folks re-entering tomorrow. I as well will be adding a few more as well. Too much happening here to ignore. Fins and SH update will hit between tomorrow and Friday. PL ads can hit any day now.
GLTY
Some time ago I asked Steve about 'Pharrel Protection' and he said they did NOT want to be included in any public forum or announcement. Unfortunately due to past phone calls to previously announced clients that we ultimately lost as a result, he has been forced to discuss the possibility of shareholder calls with all new clients. Because of this, 'Pharrel Protection' (yes, an alias) asked not to publicly discussed.
He told me what he has said publicly: that it is a division of a TOP 5 insurance company specializing in large vehicle insurance and that they are selling bFoundMobile to their clients.
GREAT POST HERE FROM COYOTE49:
Here’s a possibility of what may be going on.
Berman planned to do an audit at the end of 2017 but due to circumstances he couldn’t. The two issues that prevented the audit, stated in the 1/31/2018 shareholder letter, was information needed from the previous CEO Tim Owens and the Delaware debt. The Delaware debt has been paid.
The only question remains is did Berman get the necessary info from Tim Owens. We know he’s contacted Owens because he stated in the 2/8/19 PR “In addition, we are working with the past CEO to retire the 30 million preferred shares that are on the books. I expect this will be done within the next week or so. These shares are issued in his name and cannot be retired unless certain criteria are met.”
About the yield sign. In the past when ONCI was given a yield, Berman always communicated to shareholders through twitter. Assuring us it is being handled; that the sign will be down in 24/48 hours. This time we get nothing. Why?
Then there’s the status of noncompliant for failure to file periodic report for On4 Colorado and Hexagon Holding with the Colorado SOS. Once again silence from Berman; no reassuring that matters are being handled. Why?
This is strictly an opinion:
Since the Delaware debt is settled and if Berman has the info needed from Owens, then why wouldn’t he follow through with his original plan to audit. He was going to do it at the end of 2017, why wouldn’t he do it now? Is it possible the 2018 annual report was filed as early as it was because time and emphasis are being placed on the audit?
If there is an audit being done and expected to be submitted in the near term than why would he care about the yield sign since he knows an attorney letter will be submitted along with the audited financials. Why would he waste time addressing the yield sign with shareholders when he knows it’s a short-term non-issue?
Then there’s the Colorado SOS non-compliant issue. ONCI could not redomicile to Colorado and become Hexagon until the Delaware debt was paid. It’s been paid, and since then Berman has stated numerous times that everything is moving forward to Colorado.
If that’s the case, then does it really matter if we are temporarily non-compliant if the issue will be resolved during the domicile process. He has until April 30th. Once again, why would he waste time addressing the non-compliant matter with shareholders when he knows it’s a short-term non-issue?
Berman has been quieter than usual lately. Perhaps he has finally blocked out the noise, put the blinders on, rolled up his sleeves and is working to complete what has been promised to shareholders a long time ago.
Year+ old events go both ways. One can look to the past all day long and find both negatives and positives, but looking to the future is where the potential for making money lies.
What I see in the future is increased revenues, MJ and Giftcard launches, more private labels for our distracted driving/geo-location products, name change, AS reduction, redomicile to Colorado, and more.
There were missed deadlines but of late many promises are coming to fruition, such as the Delaware debt (reduced from 330k to $1200), and the 1.4 billion OS reduction.
There's a lot of light on the horizon...
GLTA