Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Onci! State or federal, corporate or personal the law allows a settlment. All accountants know this.
Lol
Onci! Accounting 101, leases buildings and or unenforceables fall’s line item liability. In any case the liability of unpaid goods falls on the customer!
Onci! Total sales commission paid is significanly higher please share the numbers.
Onci! ..An offer in compromise allows you to settle your tax debt for less than the full amount you ..or 433-B (OIC) (businesses)..business tax debt (Corporation/ LLC/ Partnership)..
https://www.irs.gov/payments/offer-in-compromise
..The IRS will accept your OIC only if you convince it that:
-there is doubt as to the amount of your tax liability (unusual), or due to exceptional circumstances, payment in full would cause an "economic hardship" or be "unfair" or "inequitable”--
https://www.nolo.com/legal-encyclopedia/can-you-really-settle-your-tax-debt-the-irs-pennies-the-dollar.html
Ceo-Mr.Bailey (still our CFO) may settle taxes, circumstances have been meet.
Gltu
Onci! ..another record quarter
PRIVATE LABEL
As of today at 3:30pm we have received a verbal agreement for our first private label deal. We have been working on this deal for the last 4 months and after many meetings we got the verbal today. As soon as we have the docs signed I will announce the company as it is a very big company and a huge deal for us. I was hoping to get signatures today but it is not possible.
We are also working on two more big private label deals one in Europe and the other in Turkey. We have made every change they have asked us to make and we are pushing forward everyday. I am hoping to get answers ASAP.
https://ih.advfn.com/p.php?pid=nmona&article=78265197
Golden$$$
Onci! I noted flippers and gamblers in same connotation. Could be same but better to hold I imagine. I calculate risk, a matter of probabilities. Sometimes the risk/reward relation one out weighs the other.
Onci Enterprise Value .02 ($20 Million) from Jan 18, add Q1,2,3 we are undervalued $.025!
Receivables Turnover 2.26
Total Asset Turnover 0.88
Current Ratio 0.65
Quick Ratio 0.65
Cash Ratio 0.11
Profitability
Gross Margin +90.47
https://quotes.wsj.com/ONCI/financials
All the best
Onci! Most posted board.
https://investorshub.advfn.com/boards/most_post.aspx
Flippers will bring volume and could miss a big run. I learned long time ago at Nasdaq to keep my distance from drug addicts they had some awful gambeling portfolios.
Glta
Onci! Most read board, ticket glowing$$
https://investorshub.advfn.com/boards/most_read.
Cloud$$
https://investorshub.advfn.com/boards/tcloud2.aspx
Look at the wreckless companies 1-5 Onci #14? Venture capitalist are realist and confirm value always$$$!
Gltu
Onci! Manifest in the acquisition.
A growing company would never spend money acquiring two companies -Cogosense-MJ unless big things are in the pipeline. Big AR and $800k spent means future potential, grossly undervalued.
Onci breakoutboard
https://investorshub.advfn.com/boards/breakoutboards.aspx
Gltu
Onci! Strong strong possibility for Dec 31 Audit.
I realize it’s not required but missing papers can legally be penned-Dismissed as they hold no monitory dues. In my observation Del debt has been negotiate for many months and close to settling.
This means name change is very likely to happen few weeks-2months per Finra.. usually 2 month at latest if all issues are healed.
Holdings company initiated, lots of money to be made on first leg, plus MJ.
Big bids Monday, folks been loading all last month.
Glta
Onci!.sifthouse..we will be sending Sifthouse a payment of $100,000 within the next few weeks. As new markets and countries open we will be able to franchise our company to every city that makes cannabis..
..I am also pleased to announce that we have made a distribution deal with a company that provides logistics and software to almost every municipality in the USA and in Europe.
https://ih.advfn.com/p.php?pid=nmona&article=78265197
Onci$$$ Golden!!
Onci My friend I think we are near name change. Papers coming, Del debt resolved soon. AR collected and paid Cogosense $800k, even cash left $90k. Take a look at the sales rep salary Apps selling.
Sifthouse acquired, Private label deals to be announced and 12 An stores.
all the best.
Onci! Cellcontrol defendant once again infringement!
This is an action for patent infringement in which Alert Signal Intellectual Property, LLC (“Alert Signal” or “Plaintiff”) makes the following allegations against obdEdge, LLC (“CellControl” or “Defendant
https://insight.rpxcorp.com/litigation_documents/12712270
Not lookin like a professional alternative!
Gltu
ONCI! Cellcontrol limitations.
CellControl Common Issues
..FURTHER, CELLCONTROL DOES NOT WARRANT THAT THE FUNCTIONS CONTAINED ON THE SITE, INCLUDING, BUT NOT LIMITED TO, THE REMOTE MANAGEMENT CONSOLE FEATURE, WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THIS SITE OR THE SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.
CCterms
Issue: Incorrect Orientation
CellControl
Issue: Screen Flashing
Flash
Issue: Handsfree Calls & Music
CC
Issue: Calls Blocked
CC
Will Cellcontrol work with my Bluetooth?
..However, you will only be allowed to make and receive phone calls if your policy settings allow for the use of Handsfree Calling.,the auxiliary cable does not make your device handsfree, and will still prevent you from answering calls through the phone itself
CC
..On the negative side, we experienced a locked screen unexpectedly when using our Android phone. Our account was set to “Block Apps”, and while the phone displayed the locked screen, the Apps symbol was pushed causing the phone screen to freeze and could not be released until the vehicle was stopped. During that time the phone did not allow access to 911
Consumer Report
Cogosene-ONCI is far superior in application and functionality hence the patents.
Onci! Finra could be suspect!
What happened to the rule change proposed in 2014? It went through several SEC public comment periods. And then on March 3, 2015, FINRA quietly withdrew it, offering no explanation.
The Rule 6500 Series, which FINRA wanted to kill in 2014, is still in place. Even so, FINRA’s penny stock responsibilities go far beyond managing a trading platform. They’re multiple and diverse, and most are part of what FINRA calls the “6400 Series” of internal rules.
Most of these rules are directed at broker-dealers, and have no enforcement or disciplinary implications for issuers. Rules 6430-6431 and 6433-6438 have to do with quotation requirements, for example. Rule 6450 has to do with access fees that may be charged by market makers; 6460 governs the display of customer limit orders; and 6480 is directed at members who wish to use more than one Market Participant Symbol (MPID) to quote and trade securities or to report trades
https://www.securitieslawyer101.com/2018/finra-enforcement-of-non-members-in-penny-stock-issuers/
Appears Finra a private org like Otc like DTC like Irs does questionable things!
S of limitation for fraud is 5 years, they had plenty of time if that was the case! Name change papers is in Finra’s possession and I am aware of Del debt.
One could argue Finra allowed OTC and MM to profit from abnormal behavior..Imo.
Gltu
Onci! Well founded events, appraisement & my opinion
Onci was valued at $39M last Sept 2017! Today Onci is extremely undervalued with economic growth and future unrealized accounts, debt reduction, pending negotiations.
We have a Monster Pick
September 15, 2017
Currently trading at a $39 million market valuation ONCI on the books and significant rising debt that usually leads to significant dilution. ONCI is an exciting story developing in small caps; The Company is led by successful entrepreneur. Steve Berman and they are making big moves in the trillion-dollar mobile App space announcing one huge contract after another. ONCI has attracted a huge shareholder base who is bidding this one higher. We will be updating on ONCI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ONCI.
Monster Pick
Aegis privately owned valuation peaked at $28M, acquired zoomsafer for $5m plus undisclosed amounts.
Aegis Mobility raises $5m more, buys rival ‘distracted driving’ solutions firm ZoomSafer.
$5m plus some paid
Onci going public was smart move by CEO considering CEO acquired all of COGOSENSE for $2.5M and with A/R $3.1M sufficient to fulfill entirety of acquistion cost's. Baseline valuation last year was $39M with toxic debt, less assets. Where does that put us now with $5.5M assets, $3,1 A/R, $150k cash end of toxic debt (minus few million shares CFGN). How about the twitter and accounts pending announcement as listed in the financials and reported to IRS public ally available.
Apple recognizes
Aegis Mobility Creates the Industry’s First Safe Driving Enforcement Solution for Apple iOS
Apple Magazine
Why did competition lash out and how did it work out for them? Not very good but great for Cogosense. First on the block 32 patents.
Factual Background
Lets dissect the whole scenario.
Pay Attention: Distracted Driving Could Boost Your Insurance Rates By As Much As 41%
National Highway Traffic Safety Administration, 3,477 people were killed and 391,000 were injured in motor vehicle crashes that involved distracted drivers..That may not sound like much of a budget-buster, but it represents a premium increase of 7,944% since 2011,
Forbes
Warren Buffett says distracted driving will cost drivers
..With the mass popularity of smartphones and other devices, distracted driving is also becoming a greater problem on the roads..The agency estimated the costs of accidents..$412.1 billion.
Warren Buffet
Life on the Road: The Cost of Distracted Driving
Distracted driving..costs approximately $175 billion a year,..HTSA) estimates that all highway accidents represent nearly $1 trillion in economic damages.
1 trillion
Insurance companies and affiliated pay economic damages per year $175 billion due to Distracted driving. All highway accidents represent nearly $1 trillion in economic damages.
Recent accounts
Carmax....During fiscal 2018, we grew total revenues by 8% to $17.1 billion,..grew retail units by more than 7% to 722,000 vehicles,..CarMax Auto Finance (CAF) income increased 14% to $421 million..
Autonation
new vehicle unit sales in 2018 ..16.8 million units..Our parts and service and finance and insurance operations, while comprising approximately 21% of our total revenue for the six months ended June 30, 2018, contributed approximately 74% of our total gross profit for the same period
..ended June 30, 2018, we had net income from continuing operations of $97.4 million..
AN-CM Retail
IBR Dec 18 $.024. IBR
..Insurance companies are the golden goose because they have so many policies in effect. The fact that they can save money by offering Bsafe to their policyholders is very appealing to them. It also provides great branding for them to promote the fact that they can save lives.
SHL
..CNA policyholders have preferred pricing that represents a 25% cost savings over the regular rate for Cogosense services.
CNA Cogosense
ICBC insurance to consider.
Insurance
In my observation insurance companies would rather pay $1b for Cogosense devices-Apps (100% return on their investment $2B) in addition saving-prevent $174 Billion dollars in paid economic damages. Customers save 25% from CNA insurance and other partners for installing Cogosense apps-devices, hence free roughly 18 months later @$250 upfront cost.
Cogosense valuation prior to Q3 or share reduction, where does that put us?
Sep 15 = Grossly undervalued
$500 M =
$100 M =
$1B =
ONCI! IBR $.025, Morningstar...->
Morningstar is one of the most prominent providers of stock ratings.
..Overall, the results are consistent with Morningstar analysts providing value to investors who rely on their ratings.
https://academyfinancial.org/resources/Documents/Proceedings/2015/C2_Bolster.pdf
Quantitative Valuation for Stocks
To an investor that thinks about stocks as a claim on the cash flows of a business, the true intrinsic value
CorporateMS
Sep 5 2018
Undervalued – Last Price is below Morningstar’s quantitative fair value estimate..Score 88
Morningstar, Inc. may hold a long position in the security subject of this investment research report that exceeds 0.5% of the total issued share capital of the security. Morningstar does not receive commissions for providing research and does not charge companies to be rated
1875 Century Park East 6th Floor, Los Angeles, CA 90067
Morningstar
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141889874
Academic validated as true, trusted by WallStreet.
ONCI! Prohibited Accountants / Auditors
https://www.otcmarkets.com/learn/prohibited-service-providers
Audit Committees and Auditor Independence
The U.S. Securities and Exchange Commission has not approved this pamphlet and hasexpressed no views on its contents.
https://www.sec.gov/info/accountants/audit042707.htm
OTC & SEC are not confident taking ownership of auditors numbers.
cheers
Onci! Fatal collisions on the rise — is distracted driving to blame?
After suspected distracted drivers injured three Caltrans workers Aug. 21 and killed two men — including a 19-year veteran of the California Highway Patrol on Aug. 10 — all within the same stretch of Interstate 80 near the Manuel Campos/North Texas Street offramp in Fairfield, the CHP is increasing patrols and hopefully awareness, too, as part of what they have dubbed the I-80 Challenge
..This year, as of Aug. 30, there have been 22 fatal crashes resulting in 24 deaths in the county, according to the Placerville CHP office.
..At any given moment during daylight hours, 542,000 passenger vehicles in the U.S. are being driven by people using handheld cellphones, according to the National Highway Transportation Safety Administration. Each day approximately nine people are killed and more than 1,000 injured. However, a National Safety Council report suggests the number of distracted driving related collisions is underreported.
https://www.google.com/amp/s/www.mtdemocrat.com/news/fatal-collisions-on-the-rise-is-distracted-driving-to-blame/%3famp=1
542k cars using phones at any time. Market is enormous for Onci!
Onci! Distracted driving crashes have nearly doubled in Delaware
With the increased popularity of cellphones and other electronic devices, more and more crashes in Delaware are caused by a distracted driver.
..”The sheer volume of distracted driving crashes has taken off in the past five years,” said Jana Simpler, director of the Delaware Office of Highway Safety
..The State Police reported a total of 6,095 crashes last year — 23 percent of all traffic accidents — in which a distracted driver was a contributing factor
https://amp.delmarvanow.com/amp/1018187002
Cogosense could have reduced the likelihood of these accidents.
Onci! Volvo Claims America’s Youngest Drivers Use Their Phones Less behind the Wheel
Distracted driving is serious, but this survey tells an incomplete story.
..Those results, which Volvo used to label distracted driving as "ageless," weren't the only attempt by the automaker to "refute common perceptions.
..We'll agree that distracted driving is a universal problem regardless of age or experience. But if Volvo and other automakers are serious about safety, they had better realize how many distractions their own systems keep adding to our everyday lives.
https://www.caranddriver.com/news/distracted-driving-millennials-generation-x
Automakers are worried and need a solution. More tech more distractions and cell phone use while driving number one.
Onci! Is 2018 the year Arizona bans texting while driving?
Phoenix firefighter Jonathon Hall believes a ban on texting while driving could have saved his father
https://cronkitenews.azpbs.org/2018/02/08/is-2018-the-year-arizona-bans-texting-while-driving/
What does the comments suggest?
Onci! Not for fleet, not for distracted driving, works on T-Mobile network and free three months. Not a winner in in this field.
Onci! 36.5m Buy, 8.9m sold dead cat, knee reaction?
https://ih.advfn.com/stock-market/USOTC/on4-communications-inc-ONCI/stock-price
$104k trades $80k buy for a cat that doesn’t purr!
ONCI! Wallstreet Journal Sales or Revenue Growth +1617.50%
Profitability
Gross Margin +90.47
Operating Margin +34.47
Pretax Margin +32.30
Net Margin +32.30
https://quotes.wsj.com/ONCI/financials
Good day
ONCI! QBE insurance & Cogosense.
We employ more than 14500 people in 37 countries.
https://www.qbe.com/about-qbe
Solution
• Download a cell phone blocking app
..Employees must be trained and written policies
must be established, clearly communicated, strictly enforced
and fully documented..it can help defend against negligent entrustment law suits.
QBE provides the following links to help safety-minded
individuals and organizations find distracted-driving technology
Solutions:
• Cogosense
..suggestions or recommendations contained herein in no way guarantees the fulfillment of your obligations under your insurance policy or as may otherwise be required by any laws, rules or regulations.QBE and the links logo are registereds
ONCI! 513 dealers 1% sales @272PE $500-$1b? Insurance, child seat, alcohol sensor, MJ, to be added in future.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143177694
Carmax
..During fiscal 2018, we grew total revenues by 8% to $17.1 billion,..grew retail units by more than 7% to 722,000 vehicles,..CarMax Auto Finance (CAF) income increased 14% to $421 million..
..
http://s21.q4cdn.com/483767183/files/doc_financials/Annual%20Report/2018/FY18-ARS-Final-Printed-Report.pdf
Autonation
.. largest automotive retailer in the United States.
..operated 331 new vehicle franchises from 242 stores..93% of the new vehicles that we sold..
..We offer a diversified range of automotive products and services..“parts and service,”
Parts and Service
We previously recognized revenue for an automotive repair and maintenance service when the service was completed and recorded amounts due to us as receivables. Under ASC Topic 606, performance obligations associated with automotive repair and maintenance services are satisfied over time,..
Timing of Revenue Recognition
Goods and services transferred at a point in time
Goods and services transferred over time(2)
Contract Assets and Liabilities
When the timing of our provision of goods or services is different from the timing of the payments made by our customers, we recognize either a contract asset (performance precedes contractual due date) or a contract liability (customer payment precedes performance)
..reduced On December 22, 2017..corporate tax rate from 35% to 21%
new vehicle unit sales in 2018 will be approximately 16.8 million units..Our parts and service and finance and insurance operations, while comprising approximately 21% of our total revenue for the six months ended June 30, 2018, contributed approximately 74% of our total gross profit for the same period
..During the three months ended June 30, 2018, we had net income from continuing operations of $97.4 million..
http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=85803&fid=15761938
Retail accessories/parts (bsafe sales @AN/CM) yield highest profit's for all.
All the best$$
ONCI! 44M @ $.0036 is dent in OS no? Time for green$$.
But this lol.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143245394
regards
ONCI! Private companies are doomed (Competition) good for Cogosense-ONCI public. CEO bought Cogosense for half the price Aegis paid for fleetsafer. A/R $3.1 bought free$$$
Much profit soon.
Gltu
ONCI! Investor account (TD, Etrade etc) and OS share reduction are unrelated!
GLTU
Onci! Profits soon my friend!
The Wall Street Journal
Profitability
Gross Margin +90.47
Operating Margin +34.47
Pretax Margin +32.30
Net Margin +32.30
https://quotes.wsj.com/ONCI/financials
Onci! Nope not what it reads.
Last page
DEMAND FOR JURY TRIAL
Pursuant to Rule 38(b) of the Federal Rules of Civil Procedure, Plaintiff Aegis demands a trial by jury of all issues raised by the pleadings which are triable
https://insight.rpxcorp.com/litigation_documents/9784899
Cellcontrol- Katasii lacking confidence to stand trial.
Closed: 05/31/2013
CAUSE OF ACTION
Declaratory Judgment
https://insight.rpxcorp.com/lit/codce-137556-aegis-mobility-v-
Judgement in favor of Aegis, Katasi-Cellcontrol questionable claims of patent infringement against pioneers of the technology.
Aegis Mobility, Inc. v. Katasi LLC and ObdEdge, LLC, 1:12-cv-03306. Represented plaintiff in a declaratory judgment action seeking a declaration of noninfringement and invalidity in the District of Colorado. The technology at issue related to systems and methods for disabling mobile devices in vehicles to prevent distracted driving. Obtained a favorable case-dispositive covenant not to sue from defendants.
https://www.knobbe.com/attorneys/colin-heideman/cases-articles-speeches-seminars
During 2012
..AEGIS MOBILITY ADDS $5M, ACQUIRES ZOOMSAFER TO CURB DISTRACTED EMPLOYEE DRIV
https://betakit.com/aegis-mobility-adds-5m-acquires-zoomsafer-to-curb-distracted-employee-driving/
If we add all the patents and monies spent for Cogosense, valuation is well beyond $15m in assets outside financials based on upfront acquisition cost.
Not including Child sensor, alcohol sensor, MJ to be announced etc.
Onci! Apple applied for patents in 2008 knowing well not to infringe Aegis (referenced in NPR article) patents. Not until 2014 was Apple granted..Apple would not be granted without paying their dues$$!!
Type: Grant
Filed: April 4, 2007
Date of Patent: October 25, 2011
Assignee: Aegis Mobility, Inc
https://patents.justia.com/assignee/aegis-mobility-inc?page=2
Crooked cellcontrol aka spyware-detected also got theirs handed to them cease-desist harassing Aegis customers.
FACTUAL BACKGROUND
11. Aegis provides industry-leading products that address distracted drivingdue to the use of electronic devices in vehicles
..notice thereof, be preliminarily and permanently enjoined from threatening orinitiating infringement litigation against Aegis or any of its customers, distributors, orsuppliers, or any prospective or present customers, distributors, or suppliers of Aegis
https://www.scribd.com/document/117577001/Aegis-Mobility-v-Katasi-Et-Al
FCC Apple and cellcontrol recognizes Aegis-Cogosense as the first-pioneer!
https://transition.fcc.gov/cgb/driving/1-AegisMobility.pdf
Did they all truely meet?
..AT&T, Sprint/Nextel, Verizon, the National Organization for Youth Safety (NOYS), Aegis Mobility, Cellcontrol, Assess2Communications, the National Safety Council (NSC), DRIVESMART VA, the American Traffic Safety Services Association (ATSA), ICONO Systems, and MobileLutions will exhibit
https://www.fcc.gov/news-events/events/2013/04/fcc-to-showcase-technology-that-prevents-distracted-driving
https://www.businesswire.com/news/home/20130419005063/en/Sprint-Joins-FCC-Showcasing-Technology-Solutions-Combat
The simple answer is yes and Sprint, At&t, Verizon, Audiovox, geotag partnered signed!!$$
http://cogosense.com/distracted-driving/partners
Gltu
ONCI! A patent from Apple could play a big role in helping teens — and adults — avoid accidents. The proposed feature, which would lock out certain features such as texts and calls, is not the first of its kind. There's DriveAssistT, created in 2008, and TEXTL8R, both developed by Aegis Mobility to block calls and texts.
https://www.npr.org/sections/alltechconsidered/2014/04/24/306521769/how-your-phone-could-save-your-teen-s-life-and-yours
Apple know's who is first on the block Aegis-Cogosense!
ONCI! Apple recognizes Industry’s First Safe Driving Enforcement Solution for Apple iOS
Aegis Mobility, the global leader in solutions to prevent distracted driving, announced today that it has created the industry’s first safe driving solution for Apple’s iOS operating system that provides policy enforcement.
Apple’s iOS operating system presents unique characteristics for enterprise applications. It is well understood and accepted that such characteristics have, up until now, presented challenges for safe driving policy enforcement.
FleetSafer
https://applemagazine.com/aegis-mobility-creates-the-industrys-first-safe-driving-enforcement-solution-for-apple-ios/16196
Apple knows Fleetsafer$$$$
ONCI! ICBC would like to increase the penalties associated with traffic and other distracted driving offences by 20 per cent this year and another 20 per cent next year.
..The premium ranges from $175 for four points to $24,000 for 50 or more points.
https://www.news1130.com/2018/08/09/icbc-changes-reaction/
Driver Penalty Points and Driver Risk Premiums
The Driver Risk Premium program applies to drivers who receive serious convictions such as roadside suspensions or prohibitions, excessive speeding and distracted driving.
https://www.icbc.com/about-icbc/changing-auto-insurance-BC/Pages/making-rates-more-fair.aspx
http://cogosense.com/distracted-driving/index.php
ICBC to announce technology pilot results, Cogosense in Vancouver.
ONCI! Most Popular Apps for Transportation Companies
For Drivers
The FleetSafer mobile app eliminates the temptation to text or browse the web while driving, and making sure drivers don't get distracted is crucial for safety in the logistics industry. The app allows drivers to block texts or automatically respond with a message that they’re on the route.
https://yalantis.com/blog/how-mobile-and-web-apps-help-optimize-processes-in-logistics/
ONCI! Green close, got cheapies and might knock out the remainder of CFGN.
Glta
Onci! Great post my friend. Earnings report is a treasure trove of deals and one big box store, Ford, Bmw, Insurance, soon much profit$$$!!
..Corporate reports are a treasure trove of information for investors: they tell you whether a company is making money or losing money and why. You'll find this information in the company's quarterly
https://www.sec.gov/fast-answers/answerscompanyinfohtm.html
Rxmd! Chart looks good, followed! It’s the darn PM that I don’t have.
Have a good weekend!