On4 Communications Inc (ONCI)

[MoneyForNuthin]

Some are in for a big surprise, I think.

The financials for the period ending 1/31/2018 reported $953,211 in Sales Revenue from 11/1/2017 through 1/31/2018. This is the last Revenue figure that we have... until the Q2 report that we'll probably see tomorrow.

If you look at ALL of the sales/delivery announcements from 10/16/17 through the end of the last reporting period, 1/31/2017 (table below), only the first 2 and possibly part of the 3rd had a chance of being included in Revenue for the Q1 financials ($953,211). And there have been MANY new announcements, even bigger ones, since the last one listed here.



So, the observation to be made here is... the dealership reseller contracts did not even start until just before the previous quarter, Q1, and only a couple of those could have been included in the Q1 reported Revenue, since deliveries could not even start en masse until (production was available in larger volumes, starting) in the February time frame.

The dealership sales have really taken the spotlight over the past 9 months - mostly because SB & his team have made major deals, signing many groups across the country, as well as several of the largest groups, and these deals represent a helluva a lot of revenue if/when they are all fully engaged - with inventory, materials, training... and selling the product(s). Note that some of the announcements did inform that not all dealers in the group would start right away, or similar indications of a soft-start for tempering expectations for early results.

Of course, there is much more going on here than the dealership distribution. As can be seen in the table, we have a Mid-East fleet company and a European Taxi Service contracted for deliveries (with substantial revenue that should be included in the Q2 report for order releases / deliveries during Q2.

I think some folks may be surprised to see how well things are going with ONCI sales when we see this report.

Steve has told us that February and March were consecutive record-high sales months, and he's just kept quiet about April.

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Sources

Tweets announcements (my cleaned up ONCI Tweet list): ONCI Twitter Feed - Updated
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141038221

PR announcements: OTC Markets, ONCI News
https://www.otcmarkets.com/stock/ONCI/news

Filing, Q2 Financial Report:
https://backend.otcmarkets.com/otcapi/company/financial-report/188995/content