On4 Communications Inc (ONCI)

[angeloh]

I appreciate your insights my friend...

New York, NY -- February 5, 2018 -- InvestorsHub NewsWire -- On4Communications (OTC:ONCI):

Financials
We had a stellar yr grossing over 1.8 million from nothing last yr
We were up 50 plus percent quarter over quarter and far out paced expectations.

In regards to the 2 million dollar payment that was to buy the remainder of FMS marketing that we did not own.

Alan Baily and I are in negotiations with the Del SOS to reduce the debt owed.
The debt is nowhere near $900 thousand that is a number that they put on all companies until they file. In regards to the share reduction I stated on page 2 that the reduction has been reported with the Colorado SOS and is under Hexagon Holdings. As soon as we get approval the share reduction will be in place. I have also reduced my commission rate to 12.5 percent a 50% reduction so we will have more cash for all the things we need to do.