On4 Communications Inc (ONCI): $ONCI: Congratulations for an IMPRESSIVE...

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Saturday, 12/15/2018 10:53:33 AM

Saturday, December 15, 2018 10:53:33 AM

$ONCI: Congratulations for an IMPRESSIVE FY2018 and 4th Quarter

Revenue + AR: 213% increase over last year

9.4 million dollars in AR + Revenue, with revenue topping 4.5 million dollars. Revenue in Q4 alone topped 1.5 million dollars.

Gross margin for the year was 3.4 million dollars, with 1.6 million dollars in net profit. Company has cash in excess of $117,000.

Cogosense and Sifthouse

Company paid $1.045 million dollars to CogoSense toward the 2.6 million dollars for a full ownership. Company now owns over 70% of the company. Company paid $100,000 to own 75% of sifthouse, contingent on obtaining a Canadian license.

Dilution and Issuance of Shares

There was Zero dilution in Q4
7.5 million shares were issued for CEO compensation
Float increased by 50 mil, likely due to shares sold by LAM

Revenue Rules! That is what I call a bust Ass CEO! Stay Tuned for a PR on MONDAY!

https://backend.otcmarkets.com/otcapi/company/financial-report/209088/content