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Excellent Update from Stevo...
ONCI GOLD
Letter to Shareholders to Discuss Activity With ON4 Communications
Feb 05, 2018 11:46:00 (ET)
NEW YORK, Feb. 05, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- ON4 Communications (OTCPINK:ONCI) -- Below is an update of most everything that is going on at the company, some you have heard about and some are new. I will be discussing everything that I can talk about.
Financials
We had a stellar year, grossing over 1.8 million from nothing last year we were up 50 plus percent quarter over quarter and far out-paced expectations. With regards to the 2-million-dollar payment that was to buy the remainder of FMS marketing that we did not own, Alan Baily and I are in negotiations with the Del SOS to reduce the debt owed. The debt is nowhere near $900 thousand that is a number that they put on all companies until they file. In regards to the share reduction I stated on page 2 that the reduction has been reported with the Colorado SOS and is under Hexagon Holdings. As soon as we get approval, the share reduction will be in place. I have also reduced my commission rate to 12.5 percent, a 50% reduction, so we will have more cash for all the things we need to do. Overall, I'm thrilled with our financials and we are growing very fast signing deals every week.
KL
We are in the process of making our mold, which will allow us to reduce our costs by 50%. Each mold can make 150,000 to 200,000 units. I will be travelling back to KL to start production shortly.
Garden City Group
They have 150 units and are selling now. I will be reporting sales at the end of the month.
Penn Group
They have units and are selling now.
H Group NY
They have units and are selling now.
Gunther Fla
All stores have units and are currently selling.
San Antonio
I am told by my Rep. Scott Wells that we will be getting an e mail with bid requirements shortly. Nothing ever moves fast with Government.
Municipalities
We are in discussions with a group that sells software and hardware to all government agencies both Local and Federal in 21 countries. I will release the name when a contract is signed.
Growth of our marketing team
We have engaged two major automotive after market product sales agencies. These agencies sell into multiple channels in the automotive industry including but not limited to internet sales, direct sales to the major auto parts chain stores, direct sales to auto parts distributors, wholesale warehouses and direct sales to automotive dealers. The combined total of new sales representatives is 21 now covering more than 50% of the country.
We are near completion with signing contracts with 2 other sales agencies that will bring another 29 sales representatives that would cover the entire US. In addition we are in negotiations with another two agencies that cover big box retailers such as Target and Best Buy to represent bSafeMobile. We are in discussions with our partners in Great Britain to take over all of western Europe and meet with them in mid March when they come to the US.
bSafeMobile has updated its back office systems (inventory control, accounting, billing, invoicing, etc.) to handle the expected increase and sales activity generated by these sales agencies.
USW
We will be implementing sale in 2 dealerships in South Fla next week and working out all kinks until we roll out in Fla first.
MIDDLE EAST
Working with Consulting/distribution agent Mr. Graham Bell. Graham has very good relationships with the Auto and technology industry throughout the GULF region including UAE and Saudi Arabia. Just returned from the region last week.
DUBAI TAXI CORP
The main purpose of my trip was to push our current best prospect Dubai Taxi "over the line" into a test mode. From there I (Graham also) can follow up and, subject to a successful test, move towards closure of at least initial unit orders. The objective is to close these initial orders and then ramp up orders over the coming months. Dubai Taxi Corp has 5500 in their fleet. Following the installation, the IT guy I was working with, Osman, was then confident to be able to download the Fleetsafer software to his computer. We have a deal memo on the table.
COLONY TRUCKS - KUWAIT
Had a very long meeting with this company. They have over 1000 trucks and construction machinery in their fleet. Went through all the advantages of Fleetsafer and how this can manage their trucks, buses, etc. as they all travel throughout the Gulf region (not just Kuwait). Jamil Malik and Alvin Lewis are the key guys there and agreed to test the system. Graham will be sending them 2 units now for testing. I will follow up with them in a week to make sure they received the units and get them to start a test. Will contact the team in Vancouver again to walk them through it.
MERCEDES TRUCKS/VANS - UAE
Met with Navin Sook, their head of Fleet management and Safety/Security features. In addition to just selling/leasing their trucks/vans he also makes sure to sell them the additional features package, which includes many of the already existing Mercedes features such as automatic breaking, tracking, etc. We discussed including the Bsafe/Fleetsafer software as part of their package offering. He said it could not come as part of the Mercedes package as Mercedes only puts their own items in a package. But he said he could potentially "bake" it in as a separate item but included in an overall price. I gave him a unit to test and will follow up with him again in a week.
Al FUTTAIM MOTORS
Had confirmed meeting with the CEO Len Hunt whom Graham and I spent time with at the auto show. Two hours before the meeting I had a call from his office cancelling the meeting but putting me onto their Head of Multi brand services, Omar Edris. Graham will go over and see him with a unit to test. This is another one where we could be sold in the after sales packages. I will follow up with him after he's had a chance to test the unit, give feedback, and provide some proposal options.
WEHBE INSURANCE
I met with Omar Wehbe, who runs one of the 3 top Insurance companies in the Gulf Region. We reviewed Bsafe and Fleetsafer, He saw multiple benefits for Insurance companies but also has good relationships with other Fleet and auto companies. He wanted some time to think about how best to use the technology. He said the best thing to would be for me to let him know next time I'm out and he would arrange further meetings/intros as well as propose what he would do with Bsafe.
OTHER ACTIVITY
Graham and I are also working on:
- Dubai Police (Colonel Al Masri)
- KIA Motors Middle East
- Volkswagen Middle East
- CAREEM Middles East (Uber equivalent)
- Al Tayer Motors
- Juma Al Madjid Group (Hyundai)
- Sheikh Saif's office in Abu Dhabi (Antoine)- potential Master dealership
- SAPTCO Bus company -- Saudi
- Al Naghi Group (bus/trucks) -- Saudi
- Tamimi Transportation -- Saudi
Graham will go to Saudi first or second week of February and meet them.
We currently have 2 other deal memos on the table and are meeting with other potential clients as well.
UK
Working with Consulting/distribution agent Mr. Gordon Poots, who is based in Belfast, Ireland. He has very good relationships throughout the auto and tech industry in the UK.
He has sent brochures and following up with the companies listed below
- Vendigital automotive technology distributor
- SFU- major Fleet Company- 6000 + cars/vans
- SLOANS- major Fleet company- 8000 + cars, minibuses and vans
- Addison Lee- Major Fleet company- 12000 vehicles
- OH Vehicle Conversion company- Upgrading/modernizing classic and contemporary cars through the UK
TURKEY
Working with a new agent in Turkey, Mr. Murat Kortan. He is owner and principle of Kortan Consulting. The company identifies new products and services into the Turkish market primarily in the Insurance, Dealer distributor/Agency business and new technology distribution.
Have had 3 conference calls with him including one this morning. He has all the brochures and is sending them out to his contacts and following up. Next step is to arrange a call this week with S. Berman to review questions and discuss commercial terms for the Turkish market. Turkey is 80 million people and Murat feels this could be taken up by at least 500,000 to 1 million users.
SERBIA
Bsafe technology has been presented to senior government officials who seem interested in potentially legislating the mandatory use of this technology in the country.
In the meantime, the Government has made introductions to the top 2 Insurance companies in the country. They are TRIGLAV Insurance Run by Dr. Dragan Markovic and AMS Insurance run by Mr. Dejan Jevtic. Between the 2 companies they provide coverage for 83% of all Fleet, Taxi companies, Buses, and delivery services companies in Serbia. They both have units after testing will follow up in the next 2 to 3 weeks.
BULGARIA
Have recently found a very good consulting agent, Mr. Rossen Tzvetkov. Bulgaria is part of the EU and need to comply with the EU regulations for distracted driving. I sent Rossen some units and he is testing now. He feels it is a very good idea and that over time the country will need to comply with these laws. So he is already speaking to some insurance agencies, Fleet companies and the police to help support the effort. He will get back to me.
Uber
I have had 1 meeting and 1 conference call with them. Bsafe will not work for them. Fleetsafer is the play and we have to make adjustments to the software to do what they need done. Our tech team is working on this ASAP.
Amazon
We will be back on Amazon next month.
Facebook
Fly has created some new ads for us and we will be rolling them out within 2 weeks with a better understanding of the right targets.
I will be sending out another update with more activity as soon as I get the answers back from our reps, including more dealership activity as well as other things we have discussed in Press Releases over the past year. We will also be discussing all arms of Hexagon.
As you can see we have so much going on and are poised for major growth. We truly are a global company and have come from nothing to all this in less than 2 years. This is only half of what's going on at ONCI/Hexagon. And as I said there is so much more and it will appear in the next update.
About On4 Communications
On4 is a holdings company with an aggressive focus of acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare industry. Our newest targeted businesses are operating in the trillion-dollar mobile App space. Our first acquisition in the mobile App space is FMS Marketing a global creator and distributor of mobile Apps for Android and iPhones. We are also targeting businesses to acquire and joint venture with in the medical marijuana and emerging MJ ancillary products space.
Forward-Looking Statement
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect, " "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Steve Berman CEO
On4Company@gmail.com
(323) 487-0389
(END) Dow Jones Newswires
February 05, 2018 11:46 ET (16:46 GMT)
Great Buy today my friend...
100 BAGGER COMING... SNAP UP THEM CHEAPIES..!
I respect the decision of those who have sold.
Everyone makes his own DD.
It may be that at the moment the PPS does not look good.
That can change very fast !!!
There are too many big things in the pipeline.
Already tomorrow, the situation can suddenly change to positive.
Steve does his work for the company, for himself and for us too.
Steve may have made mistakes or wrong assessments.
Surely he will have learned from it.
I continue to trust Steve and will not sell a single stock.
Why?
Because the business continues.
Because sales will rise rapidly.
Because the profits will follow.
And because sooner or later will be audited.
It really has not changed. These are all my personal assessments and no one should be encouraged to buy or sell.
______________________________________
HEXAGON: "The perfecte Storm“
You already stated:
"MERGER ON ITS WAY SOUNDS TO ME!"
I would agree.
Where's the hype in that my friend..?
BVTK GOLD
Yep...
I think many have forgotten that OTTV is targeting the huge Hispanic Spanish speaking sector.
OTTV IS THE ONLY COMPANY DOING THIS!
I don’t believe Viva has missed or is missing the boat. The radio adds that will be aired in February are targeting the Hispanic population. We need to give Viva a little time to promote their product and the results will speak for itself. We have a strong platform, great product, exceptional price and connections with popular Hispanic promoters.
Viva TV will have its day and is definitely worth waiting for! IMO
Now you got the right idea berd...
100 BAGGER COMING... SNAP UP THEM CHEAPIES..!
I respect the decision of those who have sold.
Everyone makes his own DD.
It may be that at the moment the PPS does not look good.
That can change very fast !!!
There are too many big things in the pipeline.
Already tomorrow, the situation can suddenly change to positive.
Steve does his work for the company, for himself and for us too.
Steve may have made mistakes or wrong assessments.
Surely he will have learned from it.
I continue to trust Steve and will not sell a single stock.
Why?
Because the business continues.
Because sales will rise rapidly.
Because the profits will follow.
And because sooner or later will be audited.
It really has not changed. These are all my personal assessments and no one should be encouraged to buy or sell.
______________________________________
HEXAGON: "The perfecte Storm“
Now you got the right idea berd...
100 BAGGER COMING... SNAP UP THEM CHEAPIES..!
I respect the decision of those who have sold.
Everyone makes his own DD.
It may be that at the moment the PPS does not look good.
That can change very fast !!!
There are too many big things in the pipeline.
Already tomorrow, the situation can suddenly change to positive.
Steve does his work for the company, for himself and for us too.
Steve may have made mistakes or wrong assessments.
Surely he will have learned from it.
I continue to trust Steve and will not sell a single stock.
Why?
Because the business continues.
Because sales will rise rapidly.
Because the profits will follow.
And because sooner or later will be audited.
It really has not changed. These are all my personal assessments and no one should be encouraged to buy or sell.
______________________________________
HEXAGON: "The perfecte Storm“
I project most of these RXMD Goals will be accomplished by or before Summer 2018...
RXMD GOLD
2018 RXMD Strategic Goals
Achieve 25,000 prescriptions filled in a single month by December 2018
Increase annual overall sales to $22 million
Secure additional 340B contracts and long term care facility relationships
Further expansion into Palm Beach County
Achieve accreditation for non-sterile compounding
Achieve full enterprise profitability and earnings growth
Publish 2nd year of audited financial statements and leverage these statements to secure new investment opportunities for mergers and acquisitions
Opening more PharmCo Pharmacy Resource Centers in retirement and long term care communities.
Strengthening our tele-pharmacy platform
Score: Serb x12 Spider 0 (bah-bye spidey...)
RXMD GOLD
2017 RXMD Key Highlights
Change of listing tier to OTCQB
Over $20 million in net revenues
225,000 prescriptions filled
Addition of Independent Board Members: Jervis Hough and Oleg Firer
Majority Independent Audit Committee
Completion of 2016 Audited Financial Statements
Over 21,000 prescriptions filled in a single month
Secured Community AIDS Network 340B contract.
Doubled monthly 340B revenues since December 2016
Raised over $2.75 million for 340B charitable organizations
Reached over 50 employees
Developed tele-pharmacy platform with software provider MDFlow
Licensed in the following states: Colorado, Connecticut, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Pennsylvania, Texas, Utah, Arizona, Massachusetts
5-star pharmacy performance rating
Opened first PharmCo Pharmacy Resource Center
Celebrated PharmCo's 10 year anniversary
Nice work Wallstreet..!
Looks like your bid went through...
It is me slapping the ask - again:) PS Have a bid in at .044 and the market hasn't processed it yet. Weird it is taking so long - should hopefully see the bump up soon. Putting my money where my mouth is - lol.
Thanks Kenny...
Angeloh, I agree . the Munzee team brings some much needed energy to FRZT.
You just know they are thinking and working on the products 24/7. Now we just need to hear from the AR Garfield go team on their progress and off we go FRZT. It will happen in 2018!
Yep...
Like you can see, the only resistance until .054 is at .044, and, that's why the stock pulled back at .042, so I think the stock will test .042 again, or maybe break the .044 resistance.
I call a white(green) candle with a HOW between .042 and .054.
Yep...
I LOVE ZeeTours!! Everything about it is done perfectly IMO! The name is good! The LOGO and colors are FANTASTIC! The website looks GREAT IMO and is simple to navigate! The map, pictures of each tour, reviews, etc! The guy/s running ZeeTours have years of experience with Eventzee and know what they're doing! ZeeTours will have 100's of locations l! Great concept with HUGE profit margins and low cost to run I would imagine!!? And now the CONTEST mode which is weekly sounds awesome and fun! I'm going to download the app and play in the weekly contest and I'll report back here how it goes! Cool that you can play from anywhere in the world that way!
SOOOOOO MUCH POTENTIAL WITH FRZT!
Yep...
All we needed was some revenue and we all know that has come/is coming! We know at least the $24.1M is coming in as they send invoices for it. Plus we still need to know the details about the $1B India deal. Tom also said to me in a letter that there are DP deals that Dennis hasn't even mentioned yet. PLUS now Saudi is on the table. Money, money, money!
2018 is looking pretty dang sweet!!!
Yep... This is Huge...
DarkPulse Technology U.S. Patent:#9,534,965: patft.uspto.gov
Here is the patent # issued to Engineering team leaders Dr Anthony Brown, and Bruce Colpitts... in previous posting someone was asking to see the patent, well check it out..
Dr. Mark Banash of Darkpulse hired to oversee production and development of BOTDA sensors system, has background in Nanotech and worked at zyvex corp. People need to take a closer look at the people involved in BVTK and DP,etc.., credentials,Etc... this is not some pump and dump scam, this is serious business, and anyone going long who has the patience will be greatly rewarded!.
Yep.. more good news is coming...
AUSTIN, Texas, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Bravatek Solutions, Inc. (OTCPink:BVTK) ("Bravatek" or the "Company") announces that its Chairman and CEO, Dr. Thomas A. Cellucci, has been appointed co-CEO of DarkPulse Technologies ("DPT"). It was recently announced that he was elected to DPT's Board of Directors. Cellucci proudly remains Chairman and CEO of Bravatek.
Mr. Dennis O'Leary, DPT's Chairman and Founder, commented: "We are pleased that Tom has agreed to accept this critical executive position. He has shown the business acumen and speed-of-execution the likes of which we have never seen. "
Dr. Thomas A. Cellucci, Chairman and CEO of BVTK, commented: "I am humbled to accept the DPT's Board offer of this role and am truly excited to work side-by-side Dennis, who I have come to admire as a business leader and person."
News: Bravatek's Chairman and CEO appointed as DarkPulse Technologies' co-CEO
http://globenewswire.com/news-release/2018/02/05/1332865/0/en/Bravatek-s-Chairman-and-CEO-appointed-as-DarkPulse-Technologies-co-CEO.html
Yep...
How about this point of view then?
WHY AUDIT YET WITH THE DEBT SETTLEMENT IN PLAY?
WHY AUDIT YET WHEN THERE ARE EVOLVING DEALS AND ASSETS INCLUDED DAILY/WEEKLY?
WHY AUDIT YET WHEN THERE IS SO MUCH GOING ON AND SALES ARE BEING BOOKED FIRST?
Multiple ways to look at that unless one was /is part of the company would not understand and Steve could have been instructed to wait!
IMO THE DEALS ARE REAL AND MY EXTENSIVE DD TELLS ME I AM IN THE RIGHT STOCK WITH THE RIGHT CEO!
Yep...
I respect the decision of those who have sold.
Everyone makes his own DD.
It may be that at the moment the PPS does not look good.
That can change very fast !!!
There are too many big things in the pipeline.
Already tomorrow, the situation can suddenly change to positive.
Steve does his work for the company, for himself and for us too.
Steve may have made mistakes or wrong assessments.
Surely he will have learned from it.
I continue to trust Steve and will not sell a single stock.
Why?
Because the business continues.
Because sales will rise rapidly.
Because the profits will follow.
And because sooner or later will be audited.
It really has not changed.
These are all my personal assessments and no one should be encouraged to buy or sell.
______________________________________
HEXAGON: "The perfecte Storm“
______________________________________
Agreed David...
Well, I understand people getting mad at the way Steve handled things regarding the audit but that's the only problem here IMO. Everything else is the same. I did notice that when Steve put out the tweet Friday about updating everything he can on Monday the PPS went up a few ticks. That can be verified though it could have been a coincidence. I think updates and especially PR's will still have a positive impact on the PPS. Hopefully folks have calmed down a bit and are starting to realize the company is doing great even if they don't care for Steve.
Let’s not forget Steve is the largest SH of us all... he is just as dependent on the SP to make his long term money here as all other SH’s...food for thought while we decide if he’s a liar or not!
Lets see what Monday's news brings, and HOW it is delivered.
i will be putting out an update on monday discussing all the deals i can talk about and where they all stand $ONCI
— On4 Communications (@on4company) February 2, 2018
Revenue increasing for ONCI each and every week...
On4 Communications Announces $1,650,000 in New Contracts and Signs Garden City Nissan, Largest Nissan Dealer in the World....some day we will read $16,000,000 contract $$$$$$$$ $ONCI
https://globenewswire.com/news-release/2018/01/17/1295885/0/en/On4-Communications-Announces-1-650-000-in-New-Contracts-and-Signs-Garden-City-Nissan-Largest-Nissan-Dealer-in-the-World.html
Yep...
RXMD board followers up to 450. More and more smart money investors are realizing the potential with this company. M&A and/or a buyout is almost guaranteed at this point. That's why I see a lot of room for this to go short term and long term.
In my opinion, the fact that they have a real brick and mortar with almost 70 employees carries much more weight in valuation.
Their job is literally helping people day in and day out.
From the Miami Ebola scare, to the Zika virus incidents, to Hurricane Irma and many many other situations, they have come through for people when they needed it most.
Obviously the doctors, patients and all other stakeholders they service recognize their business as top notch.
In Palm Beach County, FL customers and doctors are asking on a daily basis when Progressive Care is coming to their town.
The company has created a demand for their brand and they are becoming THE place to go.
I actually think growth will become exponential as things really gear up.
GLTA
Thanks Doc...
Technical Analysis - RXMD annotated weekly chart.
1 - The RSI is pulling back of the overbought zone(above the 70 line). The green trend line will be where it will bounce back up.
2 - The +DI is also pulling back to test the ADX line(white line) as support, and, this will cause a bounce.
3 - The MA200 at .028 is now the main support. At the same price level we have that green trend line, so .028 is a rock solid support, because two strong supports are right there.
Prediction for next week: RXMD will make a LOW(Low Of the Week) at .028 or near, and, will bounce back up.
Like you can see, the only resistance until .054 is at .044, and, that's why the stock pulled back at .042, so I think the stock will test .042 again next week, or maybe break the .044 resistance.
I call a white(green) candle with a HOW between .042 and .054.
Agreed...
Steve did not withhold information he failed to report it in a timely manner. Fact!!
You got it right David...
The entire market took a major bump down on Friday.
Lots of circumstances regarding plans can change unexpectedly in business as well as personal affairs and everyone knows this is true. Under going an audit is a huge and complex process. How many of us out here look forward to being audited? Steve volunteered to be audited! This IS a start up company that Steve took over and is doing very well IMO. The "plan" is still to be audited but because Steve wasn't in control of ONCI in previous years he doesn't have the information needed to complete it at this point. It's NOT that hard to understand. It doesn't make this a scam. Yes, I agree that Steve should have been more forthcoming in telling shareholders about the problems with the audit process. He screwed up in that regard IMO but how many other stocks have you guys been in that don't have audited fins???? We were ALL okay with buying into this one when we knew the fins weren't audited!! Why is it such a big deal now whether the fins are audited or not? There's plenty of things here that have been verified. Why is it so hard to believe that this company has real revenues? We know the app is real and some have even bought it and checked it out!
© 2018 InvestorsHub.com, Inc.
I'm quite pleased that ONCI fared so well considering:
Summary
The Dow Future is falling 738 points to 25434. The US Dollar Index edged higher by 0.552 points to 89.205. Gold has retreated 16.880 dollars to 1331.300. Silver is down 0.6450 dollars to 16.5800. The Dow Industrials retreated 667.68 points, at 25519.03, while the S&P 500 slipped 60.04 points, last seen at 2761.94. The Nasdaq Composite fell 144.89 points to 7240.97. Streaming charts of these markets are available 24/7 at MarketClub
Blog Postings and Videos
Stocks Fall As Interest Rates Rise
Friday Feb 2nd
Currencies Snapshot
Symbol Last Change %
U.S $ INDEX 89.205 +0.552 +0.62%
POWERSHARES DB US DOLLAR INDEX 23.280 +0.150 +0.65%
US Dollar/Canadian Dollar 1.243005 +0.014870 +1.21%
Euro/US Dollar 1.245305 -0.004365 -0.35%
JAPANESE YEN Mar 2018 0.009095 -0.000067 -0.73%
SWISS FRANC Mar 2018 1.0771 -0.0045 -0.42%
US Dollar/Hong Kong Dollar 7.82035 +0.00059 +0.01%
CURRENCIES
The March Dollar closed higher on Friday while extending the trading range of the past six-days. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March resumes the decline off December's high, weekly support crossing at 87.45 is the next downside target. Closes above the 20-day moving average crossing at 90.14 are needed to confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 89.17. Second resistance is the 20-day moving average crossing at 90.14. First support is last Thursday's low crossing at 88.25. Second support is weekly support crossing at 87.45.
The March Euro closed lower on Friday. The mid-range close sets the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, monthly resistance crossing at 126.74 is the next upside target. Closes below the 20-day moving average crossing at 122.90 are needed to confirm that a short-term top has been posted. First resistance is last Thursday's high crossing at 125.76. Second resistance is monthly resistance crossing at 126.74. First support is the 10-day moving average crossing at 124.34. Second support is the 20-day moving average crossing at 122.90.
The March British Pound closed lower on Friday ending a three-day rally off Tuesday's low. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 1.3934 would confirm that a short-term top has been posted. If March renews the rally off November's low, the 50% retracement level of the 2014-2016-decline crossing at 1.4608 is the next upside target. First resistance is last Thursday's high crossing at 1.4370. Second resistance is the 50% retracement level of the 2014-2016-decline crossing at 1.4608. First support is Tuesday's low crossing at 1.4004. Second support is the 20-day moving average crossing at 1.3934.
The March Swiss Franc closed lower on Friday as it consolidates some of the rally off November's low. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off October's low, the 38% retracement level of the 2015-2016-decline crossing at 1.0994 is the next upside target. Closes below the 20-day moving average crossing at 1.0515 are needed to confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 1.0829. Second resistance is the 38% retracement level of the 2015-2016-decline crossing at 1.0994. First support is the 10-day moving average crossing at 1.0678. Second support is the 20-day moving average crossing at 1.0515.
The March Canadian Dollar closed sharply lower on Friday as it consolidates some of the rally off December's low. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are overbought and are turning neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 80.64 would confirm that a short-term top has been posted. If March extends the rally off December's low, the 87% retracement level of the September-December-decline crossing at 82.04 is the next upside target. First resistance is the 75% retracement level of the September-December-decline crossing at 81.41. Second resistance is the 87% retracement level of the September-December-decline crossing at 82.04. First support is the 20-day moving average crossing at 80.64. Second support is the 50-day moving average crossing at 79.41.
The March Japanese Yen closed sharply lower on Friday as it extends this week's decline. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 0.9074 would confirm that a short-term top has been posted. If March renews the rally off December's low, the 87% retracement level of the September-November-decline crossing at 0.9288 is the next upside target. First resistance is last Friday's high crossing at 0.9260. Second resistance is the 87% retracement level of the September-November-decline crossing at 0.9288. First support is the 20-day moving average crossing at 0.9074. Second support is the 50-day moving average crossing at 0.8987.
Energy Snapshot
Symbol Last Change %
CRUDE OIL Mar 2018 65.08 -0.72 -1.09%
NY HARBOR ULSD HEATING OIL Mar 2018 2.0453 -0.0451 -2.16%
NATURAL GAS Mar 2018 2.864 +0.008 +0.28%
RBOB GASOLINE Mar 2018 1.8679 -0.0279 -1.47%
POWERSHARES DWA ENERGY MOMENT 45.78 +0.09 +0.20%
UNITED STATES GASOLINE 33.1101 -0.6200 -1.84%
ENERGIES
March crude oil closed lower on Friday. The mid-range close sets the stage for a steady to lower opening when Monday's night session begins. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If March renews this winter's rally, the 62% retracement level of the 2014-2016-decline crossing at 70.29 is the next upside target. Closes below the 20-day moving average crossing at 64.22 would confirm that a short-term top has been posted. First resistance is last Thursday's high crossing at 66.66. Second resistance is the 62% retracement level of the 2014-2016-decline crossing at 70.29. First support is the 20-day moving average crossing at 64.22. Second support is the reaction low crossing at 62.78.
March heating oil closed sharply lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night trading session begins. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the reaction low crossing at 202.98 would confirm that a short-term top has been posted. If March renews the rally off October's low, the 87% retracement level of the 2014-2016-decline crossing at 221.96 is the next upside target. First resistance is last Friday's high crossing at 213.62. Second resistance is the 87% retracement level of the 2014-2016-decline crossing at 221.96. First support is the reaction low crossing at 202.98. Second support is the 50-day moving average crossing at 199.81.
March unleaded gas closed lower on Friday. The mid-range close sets the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are neutral signaling that sideways trading is possible near-term. If March extends this week's decline, the 50-day moving average crossing at 180.85 is the next downside target. If March renews the rally off December's low, weekly resistance crossing at 197.79 is the next upside target. First resistance is last Friday's high crossing at 193.93. Second resistance is weekly resistance crossing at 197.79. First support is the 50-day moving average crossing at 180.85. Second support is December's low crossing at 168.44.
March Henry natural gas closed lower on Friday and below the 50-day moving average crossing at 2.894 as it extends this week's decline. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, January's low crossing at 2.693 is the next downside target. Closes above the 10-day moving average crossing at 3.040 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 3.040. Second resistance is the 87% retracement level of the September-December-decline crossing at 3.281. First support is January's crossing at 2.693. Second support is December's low crossing at 2.532.
Food Snapshot
Symbol Last Change %
COCOA Mar 2018 2050 +33 +1.62%
COFFEE Mar 2018 120.40 -1.00 -0.82%
ORANGE JUICE-A Mar 2018 145.05 -3.95 -2.64%
IPATH BLOOMBERG SUGAR TRUST 27.4400 +0.4800 +1.78%
IPATH BLOOMBERG SOFTS TRUST 29.761 -0.499 -1.69%
FOOD & FIBER
March coffee closed lower on Friday. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March renews this year's decline, December's low crossing at 11.83 is the next downside target. Multiple closes above the 50-day moving average crossing at 12.43 are needed to confirms that a short-term low has been posted.
March cocoa closed higher on Friday as it extends the rally off December's low. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are overbought but remain neutral to bearish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, the 75% retracement level of the November-December-decline crossing at 21.20 is the next upside target. Closes below the 20-day moving average crossing at 19.54 would confirm that a short-term top has been posted.
March sugar closed higher on Friday. The high-range close set the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning neutral to bullish hinting that a low might be in or is near. Closes above the 20-day moving average crossing at 13.73 would confirm that a short-term low has been posted. If March renews this month's decline, the September-2015 low crossing at 12.72 is the next downside target.
March cotton closed lower on Friday as it extends the decline off January's high. The low-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off January's high, the 50% retracement level of the October-January-rally crossing at 75.65 is the next downside target. Closes above the 20-day moving average crossing at 80.34 would confirm that a short-term low has been posted.
Grains Snapshot
Symbol Last Change %
CORN Mar 2018 361.00 -0.75 -0.21%
OATS Mar 2018 267.50 +0.25 +0.09%
WHEAT Mar 2018 447.25 -3.75 -0.83%
TEUCRIUM CORN 17.1000 -0.0400 -0.23%
IPATH BLOOMBERG GRAINS TRUST SUB 25.38 -0.13 -0.51%
ELEMENTS MLCX GRAINS INDEX TRUST 3.490 +0.010 +0.28%
SOYBEANS Mar 2018 978.50 -6.50 -0.66%
SOYBEAN (MINI) Nov 2018 998.000 -6.500 -0.65%
SOYBEAN MEAL Mar 2018 331.3 -2.7 -0.81%
TEUCRIUM SOYBEAN 18.1410 -0.1504 -0.82%
GRAINS http://quotes.ino.com/exchanges/?c=grains
March Corn closed down 3/4-cents at 3.61.
March corn closed fractionally lower on Friday as it consolidates some of the rally off January's low. The mid-range close sets the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the aforementioned rally, the 25% retracement level of the July-January-decline crossing at 3.65 1/2 is the next upside target. Closes below the 50-day moving average crossing at 3.52 1/2 would temper the near-term friendly outlook. First resistance is the 25% retracement level of the July-January-decline crossing at 3.65 1/2. Second resistance is last October's high crossing at 3.69 1/4. First support is the 50-day moving average crossing at 3.52 1/2. Second support is January's low crossing at 3.45 1/2.
March wheat closed down 4-cents at 4.47.
March wheat closed lower due to profit taking on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are overbought and are turning neutral to bearish signaling that a short-term top has been posted. Closes below the 20-day moving average crossing at 4.33 3/4 would temper the near-term friendly outlook. If March extends the aforementioned rally, last September's high crossing at 4.82 is the next upside target. First resistance is Wednesday's high crossing at 4.58 3/4. Second resistance is September's high crossing at 4.82. First support is January's low crossing at 4.13 1/4. Second support is December's low crossing at 4.10 1/2.
March Kansas City Wheat closed down 3 3/4-cent at 4.63 1/4.
March Kansas City wheat closed lower on Friday. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's high, September's high crossing at 4.77 1/2 is the next upside target. Closes below the 20-day moving average crossing at 4.40 1/4 would confirm that a short-term top has been posted. First resistance is Wednesday's high crossing at 4.71 1/4. Second resistance is September's high crossing at 4.77 1/2. First support is the 10-day moving average crossing at 4.48 1/4. Second support is the 20-day moving average crossing at 4.40 1/4.
March Minneapolis wheat closed down 8-cents at 6.03 3/4.
March Minneapolis wheat closed lower on Friday as it renewed the decline off January's high. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this month's decline, the 87% retracement level of the April-July-rally crossing at 5.89 1/2 is the next downside target. Closes above the 50-day moving average crossing at 6.18 1/4 are needed to confirm that a low has been posted. First resistance is January's high crossing at 6.34 1/2. Second resistance is the reaction high resistance crossing at 6.51. First support is today's low crossing at 6.02 1/2. Second support is the 87% retracement level of the April-July-rally crossing at 5.89 1/2.
SOYBEAN COMPLEX? http://quotes.ino.com/ex?changes/?c=grains"
March soybeans closed down 6 1/2-cents at 9.78 1/2.
March soybeans closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 9.76 3/4 are needed to confirm that a short-term top has been posted. If March renews the rally off January's low, the 75% retracement level of the December-January-decline crossing at 10.06 1/4 is the next upside target. First resistance is the 75% retracement level of the December-January-decline crossing at 10.06 1/4. Second resistance is the 87% retracement level of the December-January-decline crossing at 10.16 1/4. First support is the 20-day moving average crossing at 9.76 3/4. Second support is the reaction low crossing at 9.61 1/4.
March soybean meal closed down $2.70 at 331.30.
March soybean meal closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 328.80 are needed to confirm that a short-term top has been posted. If March renews the rally off January's low, December's high crossing at 351.20 is the next upside target. First resistance is last Thursday's high crossing at 348.50. Second resistance is December's high crossing at 351.20. First support is the 20-day moving average crossing at 328.80. Second support is January's low crossing at 310.30.
March soybean oil closed down 38 pts. At 32.52.
March soybean oil closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If March renews the decline off January's high, last June's low crossing at 31.85 is the next downside target. If March extends the rally off January's low, the 50-day moving average crossing at 33.32 is the next upside target. First resistance is the 50-day moving average crossing at 33.32. Second resistance is January's high crossing at 34.10. First support is January's low crossing at 32.10. Second support is last June's low crossing at 31.85.
Indexes Snapshot
Symbol Last Change %
DJ 30 INDUSTRIALS 25519.03 -667.68 -2.55%
NASDAQ COMPOSITE INDEX (COMBINED) 7240.97 -144.89 -1.96%
S&P 500 CASH 2761.94 -60.04 -2.13%
SPDR S&P 500 275.55 -6.03 -2.14%
iShares RUSSELL 2000 INDEX 153.64 -3.21 -2.05%
U.S. STOCK INDEXES
The March NASDAQ 100 closed sharply lower on Friday and below the 20-day moving average crossing at 6841.26 confirming that a short-term top has been posted. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, the 50-day moving average crossing at 6593.81 is the next downside target. If March resumes this year's rally into uncharted territory, upside targets will be hard to project. First resistance is Monday's high crossing at 7047.25. Second resistance is unknown. First support is today's low crossing at 6797.25. Second support is the 50-day moving average crossing at 6593.81.
The March S&P 500 posted its largest signal-day loss since September 9th 2016 as it closed sharply lower on Friday and below key support marked by the 20-day moving average. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Today's close below the 20-day moving average crossing at 2804.12 confirming that a short-term top has been posted. If March extends this week's decline, the 50-day moving average crossing at 2716.90 is the next downside target. If March renews this winter's rally into uncharted territory, upside targets will be hard to project. First resistance is Monday's high crossing at 2878.40. Second resistance is unknown. First support is reaction low crossing at 2736.80. Second support is the 50-day moving average crossing at 2716.90.
The Dow closed sharply lower on Friday and below the 20-day moving average crossing at 25,946.22 confirming that a short-term top has been posted. U.S. stock market fell sharply today as investors digested a stronger-than-expected jobs report that ignited inflation fears and contributed to a continued rise in bond yields. The U.S. economy added 200,000 jobs in January with the best news coming from the wage growth. Average hourly wages rose 0.3%, pushing the yearly increase to 2.9%, the fastest pace in more than eight years. The Dow now appears to be pricing in tighter monetary policy if inflation driven by wage growth accelerates. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If the Dow extends this week's decline, the reaction low crossing at 25,256.99 is the next downside target. If the Dow renews this year's rally into uncharted territory, upside targets will be hard to project. First resistance is last Friday's high crossing at 26,529.44. Second resistance is unknown. First support is today's low crossing at 25,619.05. Second support is the reaction low crossing at 25,256.99.
Yep... Me thinks in all the flurry of innuendos and insults everybody overlooked the fact that
THE YIELD was REMOVED on Friday...
I bought a milly more of ONCI as well...
Yep...
RXMD, BEST Medical OTC to hold on to.......Good Medical Stocks / Drugs / GOLD ..... In DOWN Times best to OWN ..............Show me one OTC that has what RXMD has going for it....And I will BUY that one too....
RXMD is a OTCQB® Venture Market is for early-stage and developing U.S. and international companies. Companies must meet $0.01 bid test and may not be in bankruptcy.
This is what RXMD is / Not a Stinky pinky....The whole market took a DUMP today....../ GOLD / HEALTHCARE..
https://otc-ct-otcm-backend-prod.s3.amazonaws.com/files/OTCQB%20Fact%20Sheet%20for%20U.S.%20Companies_2017-1515699722565.pdf
athenahealth, Inc. (ATHN)
NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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At close: 4:00PM EST
142.25 0.00 (0.00%
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Yeppers...
No where in here, does Steve say "No way to audit this" I see "information needed to complete audit", "outstanding bill needs to be paid to complete audit", and most importantly "We are working hard to get all this information together to get a complete audit done..."
Letter to shareholdersJan 31, 2018
OTC Disclosure & News Service
Los Angeles, CA -
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.
Yep...
Tranche of 40M issued 1/22...looks like those are all sold now...
He posted the annual anyway because he needed to remain OTC current.
The lawyer's letter is coming in 30 days to validate 2017 fins.
WHY AUDIT YET WITH THE DEBT SETTLEMENT IN PLAY?
WHY AUDIT YET WHEN THERE ARE EVOLVING DEALS AND ASSETS INCLUDED DAILY/WEEKLY?
WHY AUDIT YET WHEN THERE IS SO MUCH GOING ON AND SALES ARE BEING BOOKED FIRST?
Multiple ways to look at that unless one was /is part of the company would not understand and Steve could have been instructed to wait!
IMO THE DEALS ARE REAL AND MY EXTENSIVE DD TELLS ME I AM IN THE RIGHT STOCK WITH THE RIGHT CEO!
Agreed..!
I'm loading up again today...
Someone... sell me some shares at .0399
This may be one of the last chances to buy under .04.
Next week it will break the .044 resistance, and, possibly test .054.
Yep...
Just playing games as all know the potential greatness of an OTC 'penny' like ONCI... This day will pass and I'm happy to have accumulated some more of these precious ONCI shares even though still holding some from the trips... What a lucky day for me... Thanks to all who were scared away and of course the chronic ONCI complainers. Remember to lock in your shares at $1 or more. Best to have strong holders in place.
Very best to you and all with ONCI/HEXA!
Yep... Do it today folks...
Let's get this back to .04+ guys...
Always, always, always set a high price when you post sell order on RXMD after you buy..!
My sell price is $1.88 for 2018. Just up'd it to $2.88
Yep...
TORONTO, Jan. 31, 2018 (GLOBE NEWSWIRE) -- MPX Bioceutical Corporation (the “Company” or “MPX”) (CSE:MPX) (MPXEF) is pleased to announce the Company, through its indirect wholly-owned subsidiary, S8 Management, LLC (“S8 Management”), is entering into a management agreement (the “Management Agreement”) with GreenMart of Maryland, LLC (“GreenMart MD”), which is authorized to operate a dispensary and sell medical cannabis products in Maryland. Pursuant to the management agreement, S8 Management will provide all management services typically required by a dispensary facility of similar type and size of GreenMart, including but not limited to, all staffing, materials, equipment, logistical support, accounting and other administrative functions, contractor selection, advisory services and any other requirements essential to the successful operation of GreenMart.
In addition to managing the facilities, the Company, through its wholly-owned subsidiary, CGX Life Sciences, Inc. (“CGX”), will concurrently acquire an option from The Elizabeth Stavola 2016 NV Irrevocable Trust (the “Seller”) to purchase 100% of the issued and outstanding membership units of GreenMart at an exercise price of US$1.00 for an option period of two (2) years. CGX may not exercise the option until ninety (90) days following the award by the Natalie M. LaPrade Maryland Medical Cannabis Commission (the “Commission”) of a license authorizing or permitting GreenMart to dispense medical cannabis in the State of Maryland in Senatorial District 6 (the “Final Dispensary License”). To acquire the option, CGX is paying the Seller an option premium of US$2,500,000.
GreenMart will operate a dispensary, under the “Health for Life” brand, in a high-traffic area of Baltimore, Maryland, situated off of North Point Road in the community of Colgate. The location is conveniently located near Interstate Routes 695, 95 and US Route 40 and a 15-minute drive from Baltimore’s Inner Harbour, Canton Waterfront, Federal Hill, and Fells Point. Within 2 miles of the location sits Johns Hopkins Bayview Medical Center, a teaching hospital within the world renowned John Hopkins Health System. GreenMart has been welcomed and supported by the community leaders of Colgate. The dispensary is currently under construction and is expected to be operational in April 2018 of this year.
“With only a very limited number of licenses permitted, the GreenMart transaction strengthens our first-mover advantage in Maryland,” stated W. Scott Boyes, Chairman, President and CEO. “Upon completion of licensing approval for GreenMart and final inspection of the dispensary, we expect the facility to open its doors and to commence selling cannabis-based medicines to Maryland patients early in the second quarter of 2018. With this addition, MPX companies will be managing three dispensaries in Maryland and one of only fifteen concentrate processing operations.”
The acquisition of the membership units of GreenMart was originally contemplated as part of the acquisition of the group of Arizona incorporated entities that provide material support, including real estate rental, administrative, general management and advisory services, financing and logistics, to medical marijuana businesses licensed under the provisions of the Arizona Medical Marijuana Act, A.R.S. Title 36, Section 28.1 (the “AMMA”), being Health for Life, Inc. (“HFL”) and Soothing Options Inc. (“Soothing Options”), both Arizona not for profit corporations, which directly own, possess or sell marijuana or any marijuana-infused products (the “Business”) in January 2017.
Cannabis Market in Maryland
In 2012, a State law was enacted in Maryland to establish a state-regulated medical marijuana program. Legislation was signed in May 2013 and the program became operational on December 1, 2017.
Originally envisioned to restrict cannabis cultivation and distribution in Maryland to academic medical centers that closely monitored patients, the legislation was revamped to its current form in 2014 under House Bill 881. By September 2016, Maryland state officials were considering more than 800 applications for prospective dispensaries throughout the state. Under Maryland regulations, there is a cap of 102 dispensary licenses (only 10 of which are currently licensed), limited to two per state senatorial district. Further, the Commission has only awarded 14 licenses to grow medical marijuana (out of a pool of almost 150 applicants) and a further 12 licenses to process medical marijuana into pills, oils and other processed products.
MPX Enters Into Management and Option Agreement With Dispensary in Baltimore, Maryland
https://finance.yahoo.com/news/mpx-enters-management-option-agreement-220000344.html
I accept Steve's explanation while others will continue to complain.
I truly do believe "The Best is yet to Be for ONCI..."
News, Revenue & CEO Letter 1/31/2018
Jan 31, 2018
OTC Disclosure & News Service
Los Angeles, CA -
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. Hence 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.
Copyright © 2018 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
https://www.otcmarkets.com/stock/ONCI/news/letter-to-shareholders?id=182149&b=y
You stated: "Serious investor cut their losses instead of holding..."
Well I'm still long on BVTK and I'm a serious investor...
My guess is there are many others who are still long and strong on BVTK.
So your statement, like many others I've seen from you is... simply not true...
Yep...
RXMD will be at .05 very soon. In fact .10 will come quicker than most realize. This is how I see it playing out. We will be in an uptrend all the way into April and then I predict the company announces M&A around that time. They are setting up this run knowing they'll close on a deal.
All of the ingredients are there you just have to read between the lines. As far as 'longs' yes there are wannabe longs. Most stocks have these 'semi-long' investor. I call them fair weather investors. They bash when it's in a downtrend and pump when it's on an uptrend.
You can always tell who is long and who isn't.
It's not a right or wrong thing it's just part of the marketplace.
We're in good shape here man.
Watch what happens over the next 2-4 months.
I accept Steve's explanation while others will continue to complain.
I truly do believe "The Best is yet to Be for ONCI..."
News, Revenue & CEO Letter 1/31/2018
Jan 31, 2018
OTC Disclosure & News Service
Los Angeles, CA -
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. Hence 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.
Copyright © 2018 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
https://www.otcmarkets.com/stock/ONCI/news/letter-to-shareholders?id=182149&b=y
You message me: "Almost none of the longs that were here even just a few months ago are still in this, they quietly handed it over to fresh meat..." Well we've already heard from 4 longs who still own ONCI and I would be #05. My guess would be that there are more ONCI longs out there who didn't abandon ship and are weathering this storm. Right guys..?
The current clouds will clear... This storm will pass away and... A new day will come and these days will ultimately become... irrelevant...
By the way a friend told me that:
ONCI has multiple contracts signed not reflected in the annual report. The deals signed since October 31 more than doubles revenue. If you take a close look at what Steve did for time warner it is quite remarkable. He has always been clear about his goal to walk his baby (ONCI) down the isle. Imo this is a knee jerk reaction and the gap will be filled when people come to their senses. ONCI...$$
Naaaah...
Like I said to Qman...
Check back with me in a few weeks and you'll see all your comments will become totally irrelevant...
Bought another mil of ONCI today...
Nothing but thanx... thanx for the cheap shares complainers...
Yeppers...
They'll all be gone in due course.
Today won't even be a faint memory in a few weeks time...
Bought a mil more today...
Thanks so much complainers..!
Phantom and Berdbrain...why are you guys even here? Well, I know the answer to that but seriously NO ONE on the planet sticks around and complains about something unless they have something in the game. You're not doing this out of the kindness of your heart so with that being said, you're just another basher plain and simple trying to get people to get scared to sell shares and create panic.
Yep...
Just playing games as all know the potential greatness of an OTC 'penny' like ONCI... this day will pass and I'm happy to have accumulated some more of these precious ONCIs even though still holding some from the trips... what a lucky day for me, thanks to all who were scared away; best to have strong holders in place.
Among the very few most transparent CEOs in OTC... and I don't need to have IMO here because when you look at the majority of the nearly 10k in the gutter, you know it's fact.
Very best to you and all with ONCI/HEXA!
Aloha Doc... How we doing today my friend..?
I can show you. Just hold RXMD for now, if you already bought, and, do not paint the close again.
Suppose you have only $500 right now on RXMD, and, you bought at an average of .025.
If you hold, you will sell at least at .10(I guarantee you). So you will make 300% profit.
So $500 x 300% = $1,500. You have already $2,000.
Now just suppose you catch a few good ones like RXMD, and, make always 300% profit investing your money. Example below:
$500 x 300% = $2,000
$2,000 x 300% = $8,000
$8,000 x 300% = $32,000
$32,000 x 300% = $128,000
$128,000 x 300% = $512,000
$512,000 x 300% = $2,048,000
Hipotetically you need only 6 great trades to turn $500 into $2,048,000
Of course that after reaching some level, you need to split, manage the risk, etc, but, lets say that you need only 10 great trades(very possible here on OTC) to make not $2M, but, "only" $1M.
It is not so difficult to be "rich" like you say.
Yep...
Our time here is going to come soon! Working with the government to put things into place isn’t a hurry up and fail type thing, it’s a take your time and make sure it works and works better than anything ever produced. Kaspersky is out... Guess who’s in? This took years to perfect. BVTK now has many MAPS to bring in millions and hundreds of millions of dollars as well as Helpcomm.
Yeah, our time is coming this year!
BVTK$$$
Net annual income of $524K
$782K in revs during Q4
The Best is still yet to be with ONCI.
Hold the Vision... Keep the Faith...
ONCI already back to hod.
A drop at the opening bell was to be expected. I thought the damage by panic sellers was going to be bigger. But very impressed how it opened and is trading now. STRONG!
I think the panic sellers at the opening are now pissed off.
Smart investors are massal buying here very very big opportunity!
#ONCI #HEXA