Tuesday, July 07, 2015 3:26:03 PM
http://www.on4communications.net/
ON4 Communications, Inc. Announces the Purchase of Cases of Emergency Kits
to Promote its QwickMed Products and the Full Retirement of Certain Convertible
Debt
June 29, 2015
OTC Disclosure & News Service
Camarillo, CA -
On4 Communications, Inc. (OTCPK: ONCI) announced today that it has purchased a
substantial number of Emergency First Aid Kits for its QwickMed medical products division to
introduce local charities and non-profit organizations to the benefits of marketing this product to
support and build their fund-raising efforts. The emergency first aid kits are designed to aid
survival and disaster recovery for up to 72 hours after an emergency event such as flooding,
hurricanes, fires, blizzards and earthquakes etc. No batteries to replace, the emergency kits
include sealed water pouches, whistles, space blanket, bandages and sealed food. Timothy
Owens, CEO, says “We are excited to be able to provide this example kit to local charities and
non-profits to show them the type of Qwickmed valued product that they can use to retail to
their support base to enhance their fund raising programs. Far better than candy or cookies – our
kits have a long shelf life and can be lifesaving in any emergency”.
Separately, On4 Communications, Inc. announced that one of its convertible noteholders,
Asher Enterprises, Inc., has been fully repaid its outstanding principal and accrued interest
through stock conversion. Timothy Owens, CEO, says “While we thank our convertible
noteholder for the financial assistance provided to the Company in the past, we are encouraged
by this repayment as we strive to reorganize our debt and remove all short-term convertible debt
and replace it with longer term equity financing. In so doing, we feel confident that we can and
will enhance shareholder value, particularly as we drive revenue with the deployment of our
QwickMed product lines commencing third quarter 2015”.
For additional information please contact:
Timothy J. Owens.
805-553-8870
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