Cannabis Report
Home > Boards > US OTC > Cannabis > On4 Communications, Inc. (ONCI)

The Bermanator knows what he has to do

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
BigBadWolf Member Profile
Member Level 
Followed By 605
Posts 29,613
Boards Moderated 14
Alias Born 06/20/09
160x600 placeholder
Report of Proposed Sale of Securities (144) Edgar (US Regulatory) - 6/18/2018 7:19:18 AM
ON4 Communication Announces June 15 Letter to Shareholders InvestorsHub NewsWire - 6/15/2018 3:55:00 PM
Traders News Issues Research on Potential Growth Stocks InvestorsHub NewsWire - 5/4/2018 8:00:00 AM
On4 Communications CEO Issues Letter to Shareholders Including Updates on Current Operations, Reduction of A/S and O/S InvestorsHub NewsWire - 5/1/2018 9:45:00 AM
Quantum Medical (OTC Pink: DRWN) Collaboration with Oracle To Develop HIPAA Compliant Blockchain Technology InvestorsHub NewsWire - 3/26/2018 6:28:53 AM
ON4 Communications, Inc. Announces Letter to Shareholders, Update 2 InvestorsHub NewsWire - 3/23/2018 10:35:56 AM
LETTER TO SHAREHOLDERS ON THE STATE OF THE COMPANY InvestorsHub NewsWire - 3/16/2018 11:54:38 AM
LETTER TO SHAREHOLDERS TO DISCUSS ACTIVITY WITH ON4 COMMUNICATIONS InvestorsHub NewsWire - 2/5/2018 11:04:15 AM
ONCI LAUNCHES DISTRIBUTION DEAL WITH US WARRANTY CORP TO DISTRIBUTE BSAFE MOBILE AND B FOUND MOBILE InvestorsHub NewsWire - 1/31/2018 10:53:19 AM
ON4 COMMUNICATIONS ANNOUNCES EXCLUSIVE DISTRIBUTION DEAL WITH CATACLEAN FOR BSAFEMOBILE IN GREAT BRITAIN AND IRELAND InvestorsHub NewsWire - 1/19/2018 9:24:55 AM
ON4 COMMUNICATIONS ANNOUNCES $1.65m IN NEW CONTRACTS, SIGNS GARDEN CITY NISSAN,LARGEST NISSAN DEALER IN THE WORLD InvestorsHub NewsWire - 1/17/2018 10:03:40 AM
Halitron, Inc. - HAON, Up List Imminent as Revenues Surge, Expenses Fall InvestorsHub NewsWire - 12/11/2017 7:51:07 AM
ON4 COMMUNICATIONS ANNOUNCES DISTRIBUTION DEAL WITH CAPOLI SALES InvestorsHub NewsWire - 12/5/2017 11:45:36 AM
ON4 COMMUNICATIONS ANNOUNCES $1.44M CONTRACT WITH A TEXAS DEALER GROUP AND A DISTRIBUTION DEAL WITH SCULLY LEMOINE MARKETING.. InvestorsHub NewsWire - 11/29/2017 9:42:09 AM
ON4 COMMUNICATIONS ANNOUNCES A NEW 2000 UNIT $400,000 CONTRACT FOR FEBRUARY DELIVERY InvestorsHub NewsWire - 11/7/2017 10:13:32 AM
ON4 COMMUNICATIONS ANNOUNCES A NEW 3000 UNIT $600,000 CONTRACT FOR JANUARY DELIVERY InvestorsHub NewsWire - 10/24/2017 8:30:00 AM
ON4 COMMUNICATIONS ANNOUNCES SECOND MEETING WITH QVC AND PILOT ORDER W/LARGE MIDDLE EASTERN TAXI COMPANY InvestorsHub NewsWire - 10/18/2017 10:50:08 AM
Vita Mobile Systems (OTC Pink: GMUI), Final Phase Prior to Beta Launch of VITA InvestorsHub NewsWire - 10/16/2017 6:42:43 AM
ON4 COMMUNICATIONS ANNOUNCES OVER $1,000,000 IN NEW REVENUE CONTRACTS AND PARTICIPATION AT THE DUBAI INTERNATIONAL MOTOR SHOW InvestorsHub NewsWire - 10/16/2017 6:00:00 AM
ON4 COMMUNICATIONS ANNOUNCES IT HAS AGREED TO ACQUIRE A NEW YORK DENTAL GROUP InvestorsHub NewsWire - 10/11/2017 10:04:58 AM
ON4 COMMUNICATIONS SELECTS MAZARS USA LLP TO AUDIT 2017 AND ALL FINANCIALS MOVING FORWARD InvestorsHub NewsWire - 10/5/2017 11:16:35 AM
ON4 Communications Announces New Board Members and the Retirement of 15 Million Additional Preferred Shares InvestorsHub NewsWire - 9/29/2017 9:12:50 PM
ON4 Communications Hires Global Exec Peter Einstein for International Sales InvestorsHub NewsWire - 9/27/2017 2:22:55 PM
ON4 COMMUNICATIONS SIGNS CONTRACT WITH 250 DEALER EXTENDED WARRANTY COMPANY InvestorsHub NewsWire - 9/22/2017 5:26:04 PM
BigBadWolf Member Level  Friday, 12/08/17 12:48:18 PM
Re: doogdilinger post# 139555
Post # of 184410 
The Bermanator knows what he has to do & ALL knew the below was going to be happening & why...clean those books up.
"INTERIM FINANCIAL REPORT
On September 7, 2017, On4 Communications, Inc., a Delaware Corporation (the “Company”) entered into a
Settlement Agreement (the “Settlement Agreement”) with Livingston Asset Management LLC, a Florida limited
liability company (“LAM”), pursuant to which the Company agreed to issue certain common stock to LAM, in
tranches, as necessary, in exchange for the settlement of certain past-due obligations and accounts payable of the
Company acquired by LAM (the “LAM Assigned Accounts”). Such past-due obligations and accounts payable
contained in the Settlement Amount covers approximately $1.8 million in Company obligations as reported in
the Company’s most recent quarterly financial report dated July 31, 2017, which LAM has settled with the
Company’s creditors at an average of less than fifty per cent (50%).
On September 26, 2017, the Circuit Court of Baltimore County, Maryland (the “Court”), entered an Order Granting
Approval Of Settlement Agreement And Stipulation (the “LAM Order”) approving, among other things, the
fairness of the terms and conditions of an exchange of the Company’s common stock to settle the LAM Acquired
Accounts, pursuant to Section 3(a)(10) of the Securities Act of 1933, as amended (the “Securities Act”), in the
matter entitled Livingston Asset Management LLC v. On4 Communications, Inc. (the “LAM Action”). The LAM
Order provides for the full and final settlement of the LAM Action. The Settlement Agreement became effective
and binding upon the Company and LAM upon execution of the LAM Order by the Court on September 26, 2017.
Pursuant to the terms of the Settlement Agreement approved by the LAM Order, the Company agreed to issue to
LAM shares (the “LAM Settlement Shares”) of the Company’s common stock, $0.0001 par value (the “Common
Stock”) at a forty five percent (45%) discount to market. The Settlement Agreement provides that the LAM
Settlement Shares will be issued in one or more tranches, as necessary, sufficient to satisfy the LAM Settlement
Agreement through the issuance of freely trading securities, exempt from registration, issued pursuant to Section
3(a)(10) of the Securities Act, with the first tranche of Common Stock to be issued to LAM being 40 million shares.
Steve Berman
Chairman and Chief Executive Officer October 16, 2017"

https://www.otcmarkets.com/financialReportViewer?symbol=ONCI&id=180752
\
#whistleblowin' $$The $$Bermanator & https://www.youtube.com/watch?v=rLs_0h9_wXM
@ the $$controls


Alpha Male always Caribbean Wolf Pack Strong The Society of Slayers...

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist