On4 Communications Inc (ONCI)

[Agentnguyenr]

Here are some "Major Facts"...

June 23rd, 2016:

NEW YORK, NY--(Marketwired - Jun 23, 2016) - On4 Communications, Inc. (OTC: ONCI) is pleased to announce that the company will be filing the necessary paperwork with the State of Delaware to reduce ONCI's authorized shares to 3.75 billion shares, which is a reduction from the current 5 billion shares currently authorized. The company had previously stated in a letter to shareholders that it would be reviewing the authorized shares in order to determine a balance between immediate shareholder interests while allowing room for strategic acquisitions. Just over 1.5 billion shares are restricted of the issued and outstanding.

Explanation: 5 Billion shares down to 3.75 Billion shares as of June 23, 2016.


Fact #2;

ONCI Acquires Family Mobil Safety(FMS) Marketing and Prepares to Implement Immediate Growth Acceleration
 
NEW YORK, NY -- November 4, 2016 -- InvestorsHub NewsWire -- On4 Communications ( OTC : ONCI ) is proud to announce that it has agreed to acquire a Forty-Nine Percent (49%) equity/ownership stake in Family Mobil Safety(FMS) Marketing.
On4 Communications ( OTC : ONCI ) is proud to announce that it has agreed to acquire a Forty-Nine Percent (49%) equity/ownership stake in Family Mobil Safety(FMS) Marketing, the distributor of a safe driving app. Under terms of the deal, FMS and their global distribution network of the drive safe app will remain fully operational and continue as a standalone brand following the close of the acquisition. The FMS revolutionary safe driving app is currently generating Thirty Five Thousand Dollars ($35,000)in average monthly revenues and is expected to increase the recurring monthly revenues as organic traction amongst auto dealerships and auto insurance companies begins the next stages of growth. 
To protect the privacy of the current FMS App merchant and vendor network and in order to avoid an influx of unsolicited calls to the FMS App merchant and vendor network, ONCI and FMS have agreed to not disclose the name of the App in today’s announcement. 
The FMS safe driving app does a number of things to keep your attention on the road while you're driving and not on your smart phone. As soon as the FMS app detects that the vehicles wheels are in motion the App automatically shuts down all voice and social media communication ability for safe, distraction-free driving.
The safe driving app by FMS features 3 key components as follows:
-1st, the app is automatically enabled as soon as you start driving and automatically replies to any incoming text messages in a way that's similar to an out of office message so the text sender knows you're driving and can't reply right now.
-2nd, it silences audio tones for texts, emails, and phone calls. 
-3rd, it blocks Web browsing, texting and outgoing phone calls—except for emergency 911 calls.
CEO Steve Berman concludes as follows, “We are thrilled to announce the acquisition of FMS and their distribution network of the revolutionary drive safe App, as it immediately brings a profitable company into the fold. In fact, we will be announcing the closing of a number of final stage vendors which will provide a substantial increase in FMS/On4 Communications recurring monthly revenues over the coming weeks, so please stay tuned.”

Explanation: The fact that CEO made deal with FMS (Family Mobile Services) which will start generating Income for On4 Communication. * 49 % of FMS Revenue will go to On4 Communication. I highlighted all the BOLD parts to seek "the important info". FMS generating $35K per month in revenue, well that's about to change!!!LookOut for "Substantial Increase in Revenue" because he's in the progress of "CLOSING OUT" some vendor deals.

Fact #3:

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.”

Explanation: June 23rd, 2015. Steve Berman, stated that he had 5 Billion OS down to 3.75 Billion shares... Yesterday, Nov. 14th, 2016. He announced another share reduction of 1.5 Billion shares.

Do you guys not see the "Progress that this CEO is making"? How long have Steve Berman been in office?

Answer: May, 2016

This guy is making major PROGRESS within 6 months with On4 Communication.

He made progress so "FAST" that Seeking Alpha wants an "Interview" and surely, CEO Berman has my respect thus far. Even though, I'm down 30%...