Catching Astroturfers
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ONCI claims to sell units to it’s subsidiary Cogosense. They in turn ship units on consignment to any dealership that will take them. If the dealership makes sales they pay Cogosense who then pay ONCI.
That is likely why there is such a HUGE Accounts receivable number on ONCI’s books.
It is a shell game. Actual sales to customers (not dealerships) are VERY low.
My guess is that actual sales per quarter are around $150K which explains the low shareprice.
How can they have $4.5 million in revenue......yet say they are owed over $3 million??? This means that they really only took in around a million which may be made up as well.
They are selling product to themselves and then claiming it as revenue.
My guess is that that Cogosense executes an order for Bsafemobile units that are then shipped to dealerships on consignment (dealership does not pay until they sell the units). Cogosense will only pay ONCI when they get payment from the dealerships. That is why the Accounts receivable number is so huge.
It is just a shell game.
SO ONCI had Cogosense buy Product...and..booked..the revenue for the company??? Cogosense owes ONCI, but will not pay until?????
How is this legal???
Who did he sell 10K units to???Does anybody..believe that so many units were sold to customers?
Keep in mind only 4 app store reviews for a product out for more than two years.
Should have sold at .002...then you could have bought more worthless shares now. LMAO
Is he counting A/R as revenue/income? So if he gives it to dealers on consignment and then counts all the units he gave them as Revenue?? Is that allowed?
I guess if you are unaudited you can do what you want? Anybody????
Choose a free app, or pay $250+...your choice!!!! I would choose free!!!
Dilution is impossible with stop sign up....One reason this is such a good play.
Reverse split is also not possible.
No only will they not pay $250+ for the app, but they do not want it on their vehicles. People think that they can safely check facebook, and messages, etc....
Some only do it at a traffic light stopped, but the app blocks that usage too.
People who need it for the kids choose Lifesaver which is free to start, and costs a small monthly fee for monitoring.
How much do dealerships charge? I don’t..thing..they..have..sold more than a few unites anyway.
What happens when they all get returned?
There is no PROVEN revenue!!! ZERO...Look..at..appstore..reviews=4
ONCI Facts...Bsafemobile has 4..Ratings..in..The..app store.
Bsafemobile..does..not..show...up in a Google search for Best distracted driving apps.
Bsafemobile is sold for over $250
Many safe driving apps are free and have similar functions.
The other Apps do not need hardware installed to work.
Your sales numbers come from the CEO getting product into dealers. It looks likely that the dealers are not selling the product. What happens when the returns start coming in??
CEO promised a name change to Hexagon holdings more than a year ago, and said early this year that everything is ready. What happened???
The move to Colorado was promised. What happened?
The Private label deals that are never announced even though promised many times.
What a BMW?
ENTERPRISE?
GM?
Chrisler?
DUH!!! The price of the app/hardware is WAY too high!!
That is why no deals!!!
ONCI has no Fundamentals...No Audit!!..Made-up..fishy numbers!!
It is a shell game and you will learn the hard way.
Another Crock of Crap from the CLOWN Operating officer.
If any of his fantasies ever come true I would be shocked.
Billions of shares traded here this week. Somebody knows why and we will soon know. It may be tomorrow, next week, or next month.
Volume doesn't just pick up for nothing.
Always ups and downs on plays like this. Next round will go higher.
Making money should be the key when Investing. There is no scam here, just a company that has gone dark for a while and people finding a way to make some money.
I only made $3K but it was a GOOD investment!!!
Hope you tripled your money here before the drop. What a great play!!!
Trends says that you are wrong....CEO..is..a...CLOWN
So where is the second PL??? Move to CO, HEXA, just SMOKE AND MIRRORS here.
You have the chart upside down...opened..at...0009...LMAO
It is a SCAM.....You were warned!!!
Buy volume?????...going down...so it's SELL...VOLUME!!!
You were right the whole time...wish..I had listened sooner.
It is all smoke and mirrors. Guess who the Clown is? Clown Executive Officer.
No deals are signed? They hope to sign a deal someday in the future......
Geico is not STUPID...The Lifesaver app...is...better than Bsafemobile and costs 1/20th of the price.
Price point of $250+ is stupid for an app. An app with hardware to be installed is even more stupid. Especially when not needed as in the Lifesaver app.
ONCI did not get deals with Enterprise, Ford, GM, Chrysler, BMW, the city of San Antonio (which went with a competitor) for the reason of an ABSURD price.
The market has passed ONCI by and their product is NOW obsolete.
GAME OVER!
100%..CONFIDENCE that the CEO..is..FULL..of HOT..AIR
99% of the CEO’s Tweets never come true!!!
No dilution is possible for VIZC...Not allowed!!!
Get in or get left behind!!!!
Just hot air as usual. If investors followed your TRTC advice they would have lost 99% of their investment so far. Soon to be 100%
Should have listened when this was .50 pre split. LOL
Are people actually still buying shares??? Amazing!!!
VIZC-Train is leaving the station!!!
That is all a fantasy. CEO is...playing..fantasy..company.
The only thing that is real is Bsafemobile which is around 100X overpriced which is why there are almost no sales to customers. Dealers have some, but when they return them what will happen?
Something big is going to happen. Too many shares being traded. Somebody knows!!!!
if you want monitoring it is $4.99 per month. Still no hardware to install and no $250 or more to purchase.
Lifesaver is far superior in every way. This is why ONCI is dead
Shorts made a fortune here. Luckily I left and tripled my money elsewhere.
TRTC is doomed until the blood suckers are removed from management and MJ is rescheduled.
Lifesaver app does the same as Bsafemoble...and..is...FREE
In fact search google for “best distracted driving apps” and Bsafemobile does not make the list. Maybe because it requires hardware installation and costs over $250
AWESOME!!!
ONCI’s app is obsolete....Just search..google..for “best distracted driving app” No Bsafemobile.
Lifesaver is a free app that does the same thing. They do later charge $4.99 for monitioring. Compare to Bsafemobile where you need to install hardware into your car and pay $250 or more.
That is the reason the shareprice has fallen.
Game over ONCI. Get out while you can.