On4 Communications Inc (ONCI)

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ONCI Announces 1.5 Billion Reduction in Outstanding Shares

New York, New York--(InvestorsHub Newswire – November 14, 2016) – On4 Communications, Inc. (OTC Pink: (OTC :ONCI) - On4 Communications (OTC: ONCI) is proud to announce that CEO Steve Berman is in the process of initiating an immediate share retirement of his 1.5B restricted 144 shares.


On4 Communications, Inc. (OTC Pink: (OTC :ONCI) - CEO Steve Berman explains, “I am thrilled to announce the retirement of my 1.5B restricted 144 shares which were issued on July 31st, 2016. The immediate retirement of my restricted share position lowers ONCI’s O/S from 3,006,417,948 to 1,506,417,948 and this change in our Outstanding Shares will be reflected in our pending OTC Markets updates and filings. My goal is to cultivate and create all the conditions necessary for a rapid improvement in shareholder value for ONCI and its core holders.”