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Folks on the that board seem to think that tweet does not relate to the ONCI JV.
Rest of this week is going to be great IMO. Looking for two PRs with updates - probably tomorrow and Friday.
Some might, but I'm not in that category. I understand the distinction. I was simply correcting an incorrect statement about FORD testing the safe driving app for the past month. A Midwest utility company affiliated with FORD FLEET has been testing the safe driving app for the past month. Mr. Berman is pitching the app to FORD tomorrow.
This is incorrect information. You are confusing Ford and Ford Fleet. Ford Fleet has had a Midwest utility company testing the safe driving app for about a month.
Here is the information on Ford from the 8/4 PR:
On4 Communications (OTC: ONCI) today announced today that after a year of communication we have been invited by FORD MOTOR COMPANY to pitch our FMS distracted driving app at their corporate offices in Dearborn Michigan. The FORD meeting has been in the works since late last year and will take place on September 27, 2017.
If it has only been "communication" with no testing, it would truly be a miracle to get a signed contract tomorrow. This pitch might set us for testing. Hope for the best.
RSI reset down in the mid 60s. We now begin next leg up, which will be boosted by the news this week.
If you get the money, you can do a lot more of the other.
These brokerage sites need to be updated. Etrade shows 49.6 M shares outstanding with a market cap of 798.3K. The most recent fins they have posted are from 2013.
It also requires audited fins, so it likely won't happen until the next Q fins.
I sure hope so! I wonder which will come first - 1.00 or a buyout?
If he gets the share count that low, the folks on this board alone will basically have the float locked.
Berman only needs a PPS of about .67 to become a BILLIONAIRE off of just his ONCI common shares. At that point, many of us on this board will be millionaires and multi-millionaires off of our ONCI shares. Looking forward to it!
Yes, the guy who posts "slap that ask and call it Susan" seems a bit more obnoxious. :)
With the reduction coming, he will likely own 50%+.
This makes sense. Since he now only owns 1.5 billion common share, it is likely the total commons shares will never be reduced below 3 billion.
Total number of preferred shares is 30 million. That means ALL of them are being retired. Mr. Berman still owns 1.5 billion restricted common shares. (This is all on page 4 of the latest FINS).
1.5 billion common share reduction still to come in the next two phases!
These preferred shares are not part of the OS/AS. These preferred shares receive voting rights at a 5000:1 ratio, but they are not part of the OS/AS, which only consist of common shares. Therefore, this 30 million preferred share retirement is not part of the 1.5 billion share reduction. Is this correct?
Someone please correct me if I am wrong. These preferred shares are not part of the OS/AS. These preferred shares receive voting rights at a 5000:1 ratio, but they are not part of the OS/AS, which only consist of common shares. Therefore, this 30 million preferred share retirement is not part of the 1.5 billion share reduction. Is this correct?
Mods, will you switch out the sticky posted today (a NECA PR) with a sticky for the PR from ONCI? ONCI's PR includes the NECA news plus a lot more. Thanks!
CDEL just put up a 1 million wall at .0185. Hope it's fake.
L2 very thin! Will easily blast past .019 during power hour!
I think he was referring to Berman's statement from the 9/8 PR about one of the apps in beta testing:
Yet to be named Alcohol tracking sensor works similar to a breathalyzer this app will be released to market at $150 per unit.
$240K annual contract was announced in the 9/20 PR. Maybe another one will be announced today.
Another awesome close!
Going to try my best to do so. Was able to get 5.4 mil at an average of .0032, so it's going to be very tempting to sell in the .25 to .50 range. It will all depend on timing and if/when there is a buyout.
Fins will not be audited until next Q, so despite meeting the bid requirement, we won't be eligible to update until after the audited fins.
You are reading them incorrectly. The report is for Q3, and % cited is for increase of Q2 over Q3. ONCI's fiscal year ends in October.
You have your Qs incorrect. These are Q3 numbers. The fiscal year for ONCI ends in October.
Q4 numbers are going to be amazing and propel us into an extraordinary and life changing 2018!
Q3 revenue of $533K!
Net Q3 income of $301K!
Here comes yet another strong ONCI close!
The new website should be live this week also.
We seem to close strong daily!
Agreed.
Thanks. Yes, the dollar volume is great..just wish we would have sustained more of the gains made earlier in the day. Maybe we'll still close green.
INSTA, will you please ask Steve to resume using Marketwired rather than Accesswire? The brokerage sites (e.g. eTrade, Schwab, Ameritrade, etc.) pick up Marketwired releases, and today would likely have been a MUCH better start to this potentially HUGE week if Friday's news was posted on those sites. We definitely need the Q3 news on Marketwired, with perhaps a recap of Friday's news included as well.
Sure wish Steve did a Marketwired release rather than Accesswire. That's why Friday's news is not showing up on brokerage sites. Would have been a much bigger day. Oh well.
Here we go. Power hour begins!
Here we go. Power hour begins!