On4 Communications Inc (ONCI)

[mary777]

$ONCI--7 non-red days in a row is very telling. ONCI is about to make a big turn-around with IMO the reversal starting today. February was a record revenue month and March beat that. No word about April but the clear organic growth of the company leads one to believe we will see record revs this quarter, IMO around 1.2 million +/- 50k.

I managed to get the boss on the phone yesterday for a few moments and he is over-the-moon excited about the three deals recently inked: the 500 dealership group, and the two Top 10 largest auto networks in the country. He said these are game-changers and will catapault ONCI many levels up.

People--these deals are going to bring in multi- millions over the next 12 months. He added that there are a ton of units in inventory and they are shipping orders daily now. As mentioned yesterday, in addition to these major contracts that are worth millions, there are many smaller orders rolling in that are immediately being filled.

He will be in California next week visiting and training the staff of one of the Top 10 dealers, and said he is working on an update but has many other irons in the fire and wants to report on them. As well, with next week being a short week, it's possible the update will be out the week after. But he said it's coming.

Perfect Storm is brewing. Looking for a strong green day today.

GLTA