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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 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
See DewmBoom's post. Since ONCI like most OTC tickers is unaudited for now, a lawyer letter is required for all annual FINS within 120 days after the due date. ONCI has entered this grace period. It's a non-event really, all SB has to do is provide a letter form his lawyer stating that all details within the annual are correct and it goes back to pink current.
Since this company will become HEXA imminently, there may not be a need for it. But that is IMO. Time will tell.
It's 100% true and has been verified by multiple people. SB held out for over a year and negotiated it down. 100% Fact. It was 330k in back taxes for the prior owners to $1200. Pretty damn amazing.
Regardless, DE debt has been cleared 100%. Docs posted verify this.
OS share reduction of 1.4 billion is 100% done. OTC Markets verifies this.
Next up is HEXA and AS share reduction of 1 billion shares.
Q1 est 1.5 million, which would show continuing increases in revenue.
This is going to be BIG.
$ONCI UNDERVALUED. Q1 NEXT 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! GLTA!
MAJOR PRIVATE LABEL DEAL WORTH 2.88 MILLION ABOUT TO BE ANNOUNCED, MOVE TO COLORADO AND NAME CHANGE TO HEXAGON NEXT UP! AS GOING DOWN TO 4 BILLION! WOW!
$ONCI UNDERVALUED. Q1 COMING NEXT 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! GLTA!
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.
Do not forget that with the name change to HEXAGON, the AS will be reduced to 4 billion from 5 billion.
Many incoming catalysts...
The DD on this has been posted here. Steve mentioned over 60 locations on the East Coast. A list was drawn up of all dealers that fit this mold. All do over a billion annually. This is what I believe he meant.
They are prepping it for April, which is Distracted Driving month. That is my best guess.
Made a few on VRUS, going into ONCI on Monday. We are almost HEXA.
2019 will be a profitable year for ONCI longs.
That's correct BM--there's a lot happening behind the scenes, IMO one of which is a PR company to being HEXA to the masses.
Once we become HEXA, the flood gates will open. It's all part of the master plan.
GLTY
ONCI has paid over 1 million toward the purchase of Cogosense, and 100k toward the purchase of Sifthouse. Page 6:
https://backend.otcmarkets.com/otcapi/company/financial-report/209088/content
Where did these funds come from?
Sales of Cogosense products, that's where.
IMO, SB will perform an audit for 2019, to be released January 2020. Under most circumstances, audits are done for EOY fins, NOT quarterlies.
Meanwhile, there's a LOT to look forward to here...
$ONCI UNDERVALUED. 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! GLTA!
MAJOR PRIVATE LABEL DEAL WORTH 2.88 MILLION ABOUT TO BE ANNOUNCED, MOVE TO COLORADO AND NAME CHANGE TO HEXAGON NEXT UP!
NEWSDAY bSafeMobile mention:
https://www.newsday.com/lifestyle/family/driving-apps-devices-teens-1.26352378
ONCI software/hardware for bSafeMobile and Fleetsafer is constantly being upgraded.
How much can one get an OLD version of an Apple Iphone? A new one (Iphone X) will run about 1k. An Iphone 6, about three years old, can be had for $125:
https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2380057.m570.l1311.R5.TR12.TRC2.A0.H0.Xiphone+.TRS0&_nkw=iphone+6&_sacat=0
It makes sense that year old versions of ONCI products without recent updates would go for much less than the current selling price of $175.
Recent updates to bSafeMobile:
ONCI! Bsafemobile Update 4.4.12 Feb 14, 2019
The following defects have been fixed:
Excessive power consumption when using a cogoBeacon.
App crashes when running on iPhone X
Handsfree calls reported as handheld calls
Inexplicable phantom calls being reported
App crashes when running in unsupported locale
$ONCI Hearing big things are about to (continuing to) happen ON2. HEXA to start, possible PR campaign, big Private Label reveal, additional PL announcements, Sifthouse license, all this in addition to initiation of audit for 2019. Roll the dice, odds are in the buyer's favor at these ridiculously low levels.
Yes sir deal is worth 2.88 million and is shipping now. Ads to be approved ASAP. We will see PR and ads for the product simultaneously.
PRIVATE LABEL ADS AND SUBSEQUENT ANNOUNCEMENT WILL HIT ANY MOMENT.
ONCI BY THE NUMBERS
ONCI has been in business for three short years and in that time has built up revenues to very respectable numbers. The annual report released on 12/14/18shows ONCI having total assets of 8.11 million. THE CURRENT MARKET CAP AT TODAY’S PPS IS 4.9 MILLION.
Annual Revenues for 2018 were 4.55 million with a NET income of 1.6 million. That’s profit folks. With 3.36 million in accounts receivable (as of 10/31, when the fiscal year ended), and an additional 2.88 million in 2019 revs on the books with the private label deal, that’s AT LEAST another 6 million in revs for 2019. That does not include any additional revs that may incur, including the 700 units shipped to Pharrel, and the units shipped as a result of the FB and Google campaigns. We could be looking at 8 million + in profitable revs for 2019. THE CURRENT MARKET CAP AT TODAY’S PPS IS 4.9 MILLION.
PPS for any OTC stock conservatively trades at 5x earnings. ONCI should be valued right now at (with the share reduction at 3.1 billion OS) well over .01. Two years ago when ONCI had a mere 55k in revs, it traded higher than it is today. Today’s PPS is a result of uncertainty due to a missed audit that even now a year+ later is still being footballed as a crime when in fact it was explained as being cancelled due to it finding debt with the state of DE to the tune of 336k. After months of negotiation, the CEO paid it off and cleared that debt for $1200. Think about that! As promised, the share reduction was posted to OTC Markets and the promise of finally becoming a CO corporation under the name of Hexagon Holdings was made. This will happen imminently. Oh, did I mention that THE CURRENT MARKET CAP AT TODAY’S PPS IS 4.9 MILLION?
No one can argue that ONCI is not undervalued…just look at the numbers in the financial reports. They scream this loud and clear. And the audit…it’s in my very strong opinion that we will see one for 2019. It’s no crime NOT to have one, most OTC tickers do not perform them. But ONCI/HEXA will deliver, they are delivering now. It’s loud and clear, just look at the numbers. GLTA.
It will PrimeTime. It's just a matter of when.
From Kuraute:
Most of the penny stock runs on rumor and hype. But, most of these hype stocks comes to the ground floor once that hype sunsides.
There are some stocks that stays in the higher ground with proven news/developments/deals/filings/back up etc. Onci already have these stuff. Steve just needs to hire a reputable PR company and let them handle the rest. They will release news and make filings accordingly as necessary. Steve just focus on the business where he is proven successful. He should not be arguing with people in the tweeter. Once this happens, onci will skyrocket and stays over there based on the development. Onci ran to 0.019 on September 2017 almost in the future looking potential. Now, with DE debt settlement and share reduction, onci is in a very strong position. Steve just needs to play right and smart. We will be golden, imho.
Good job...you're in a lot lower than most longs. Hold and know what you own. ONCI is a growing company, less than three years old and doing multi-millions of profitable revenue.
GLTY
With the current share reduction and a valuation of 5x earnings, ONCI should be trading at or about .01. The math doesn't lie.
With a mega private label deal on the horizon, and a move to CO and name change to HEXAGON, it might be time for SB to bring in a PR firm to spread the good word.
https://www.otcmarkets.com/stock/ONCI/news/letter-to-shareholders?id=182149
letter to shareholders
Press Release | 01/31/2018
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.
On a positive note for the year we reported record revenues of over 1.8 million.
And a 50% increase from last qtr over the previous quarter. We are expanding and growing and a fast clip and everything is coming into place. We are building a large and experienced sales force and should start getting new orders shortly. We are closing deals at a constant pace and will be making announcements soon.
We are about to make our mold for our OBD product in Asia which will allow us to produce our hardware at a faster speed and at a much cheaper cost. This mold will allow us to increase production and cut our costs in half.
AS you will see in our Financials we are now a Colorado company. Hen Hexagon is approved as noted in our docs filed with Colorado SOS the AS is now 4b reduced by the 1b promised and the OS has been reduced 1.4b to 2,458,547,369.In addition the 30 million preferred have been retired and an additional 20 million have been added .
In regards to Dubai we have 3 deal memos out and are discussing terms with these companies. This is taking longer than we hoped but we are expecting to close asap.
In closing I would like to say we are in the best position we have ever been in and we are working hard to deliver shareholder value and appreciate all your patience.
$ONCI PINK CURRENT
Do OTC Markets Issuers Need Audited Financials?
Public companies quoted on the OTC Markets OTCQX and OTCQB marketplaces require financials audited by a PCAOB auditor. Those securities quoted on the OTC Markets Pink Sheet market tier do not required audits, though many Pink Sheets do have audited financials.
Audited Financials Not Required for Non Sec Reporting Companies
FINRA does not require the financial statements of Pink Sheets, which are not SEC reporting companies, to be audited for the Form 211 in the 15c2-11 process. Non SEC reporting companies are those that do not publish their financials and disclosures using the 10-Q, 10-K and 8-K using the SEC’s EDGAR filing system.
Unaudited Financials of US Issuers Must Be Prepared in Accordance with GAAP
However, OTC Markets Pink Sheet Issuers that are US companies should have financials that are prepared in accordance with GAAP. Foreign Issuers, meaning those Issuers that are incorporated offshore as opposed to US corporations that have business headquarters or operations outside of the US, are allowed to post financials that do not follow GAAP if they are prepared in accordance with their home country’s accepted accounting standards.
PInk Current Issuers Without Audits Require an Attorney Letter
Whether a US or foreign Issuer, a public company that wants to maintain Pink Current status on OTCMarkets.com will require an Attorney Letter with Respect to Current Information at least annually, if they do not file reports with the SEC and do not publish audited financials. Companies that want to maintain Pink Limited Information (Pink Yield Sign) are not required to have audited financials.
Issuers with questions regarding PCAOB audits or questions about filing Form 15 with the SEC to transfer to the OTC Markets Alternative Reporting Standard (thus avoiding audits) can contact Matheau J. W. Stout, Esq. at (410) 429-7076 or mstout@otclawyers.com.
This entry was posted in OTC Bulletin Board, Securities Law, Securities Lawyer and tagged 15c2-11, Alternative Reporting Standard, Matheau J. W. Stout, Matt Stout, OTC Bulletin Board Securities Lawyer, OTCQB, Securities Law on February 2, 2014.
$ONCI UNDERVALUED. 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! GLTA!
MAJOR PRIVATE LABEL DEAL WORTH 2.88 MILLION ABOUT TO BE ANNOUNCED, MVE TO COLORADO AND NAME CHANGE TO HEXAGON NEXT UP!
ONCI OUTSTANDING SHARES REDUCED BY 1.4 BILLION AFTER HOURS:
https://www.otcmarkets.com/stock/ONCI/security
AS will be reduced to 4 billion with the changeover to HEXA. This will happen, just like the DE debt payment and the share reduction.
Current market cap this morning on OTCM is $5,279,699. We have more than that in revenues over the last two years. Anyone who knows a lick about stocks knows that this market cap is super low for a company that did 4.5 million in revs last year. And those revs are growing for 2019, Q1 due March 15 will show that.
PPS correction begins today.
GLTA
Major milestone hit today, with many more to follow.
Enjoy tomorrow it will be a good one.
PS to the trader with the stack at 19 today, ya might wanna pull that down and let her rip.
$ONCI SHARE REDUCTION DONE! OTC MARKETS UPDATED:
https://www.otcmarkets.com/stock/ONCI/security
Outstanding Shares AT 3,105,705,518 MEANS THERE HAS BEEN NO DILUTION AT ALL!!
Authorized Shares will decrease to 4 Billion when ONCI becomes HEXA
OUTSTANDING SHARES AT 3,105,705,518 MEANS THERE HAS BEEN ZERO DILUTION.
NO 'BS' HERE, JUST THE FACTS. AND THE FACTS ARE STEVE IS GETTING IT DONE FOR US.
SO HE DIDN'T LIE ABOUT THE DEBT CLEARING, HE DIDN'T LIE ABOUT THE SHARE REDUCTION, YOU KNOW IT MEANS THE FINANCIALS ARE 100% TRUE AS WELL.
ANYONE WANT TO DO THE MATH AS TO WHAT OUR PPS SHOULD BE AT WITH THE SHARE REDUCTION?
Delaware debt...CHECK
Share reduction...CHECK
Hexagon Holdings...
OTC MARKETS UPDATED:
https://www.otcmarkets.com/stock/ONCI/security
Outstanding Shares
3,105,705,518
Authorized Shares will decrease to 4 Billion when ONCI becomes HEXA.
$ONCI UNDERVALUED. 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 TO HIT ANY MOMENT NOW THAT DELAWARE IS PAID OFF. DEBT WAS 330K, BERMAN NEGOTIATED IT DOWN TO $1200...YES, THAT'S RIGHT, 330K TO $1200. THIS IS WHY WE WANT SB BEHIND THE HELM! GLTA!
Is esurance testing our app?
SB mentioned a major insurer testing our DD product.
https://www.esurance.com/drivesafe
Quote:
We're not currently enrolling new drivers in the program, but you can take a look at our resources at the bottom of the page for more smart tips to keep your teen driver safe.
Clearly this is a test.
Device contains a telematics device that looks very similar to our bSafeMobile.
Webpage copyright 2019:
https://blog.esurance.com/introducing-esurance-drivesafe/
Quote:
Esurance is owned by Allstate Insurance Company, the oldest publically held personal lines insurer in the U.S. With their 80-plus years of experience and superior financial strength behind us, you know we're insurance coverage you can count on.
As a proud member of the Allstate family, we offer you the best of both worlds: reliable insurance products combined with smart, cutting-edge tools that help you manage your insurance whenever, wherever, and however you want.
Esurance is based in San Francisco. According to SB's tweet on January 11th, 2019, he was in San Francisco to discuss potential Private Label deals.
Letter going out to TA today I will await their response.
— On4 Communications (@on4company) January 11, 2019
Heading to Vancouver, SF and LA next week for talks with Sifthouse and some potential private label deals.$ONCi #SMDPC
$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 will remain at 2.88 billion. THIS SHOULD BE UPDATED ON OTCMARKETS THIS WEEK.
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 a fifth of a penny per share.
CEO Berman sold shares at .0023 for Sifthouse and GiftCardExchange payments.
$ONCI
https://www.otcmarkets.com/stock/ONCI/news/letter-to-shareholders?id=182149
letter to shareholders
Press Release | 01/31/2018
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.
On a positive note for the year we reported record revenues of over 1.8 million.
And a 50% increase from last qtr over the previous quarter. We are expanding and growing and a fast clip and everything is coming into place. We are building a large and experienced sales force and should start getting new orders shortly. We are closing deals at a constant pace and will be making announcements soon.
We are about to make our mold for our OBD product in Asia which will allow us to produce our hardware at a faster speed and at a much cheaper cost. This mold will allow us to increase production and cut our costs in half.
AS you will see in our Financials we are now a Colorado company. Hen Hexagon is approved as noted in our docs filed with Colorado SOS the AS is now 4b reduced by the 1b promised and the OS has been reduced 1.4b to 2,458,547,369.In addition the 30 million preferred have been retired and an additional 20 million have been added .
In regards to Dubai we have 3 deal memos out and are discussing terms with these companies. This is taking longer than we hoped but we are expecting to close asap.
In closing I would like to say we are in the best position we have ever been in and we are working hard to deliver shareholder value and appreciate all your patience.