$ONCI 101
$ONCI is a holdings company started fresh by CEO Steve Berman, former VP of Sales for Time Warner Advertising. Steve is a lifelong sales executive who took TW’s ad sales from 10 million to over 110 million in ad revenues during his tenure there.
Three years ago, Steve met with Cogosense, the makers of bSafeMobile and Fleetsafer, both distracted driving apps. The apps both contain hardware that plugs into the OBD port of the user’s vehicle and communicates with their phone. More details can be found about these apps at cogosense.com, bsafemobile.com, and fleetsafer.com. Seeing the incredible potential of this new technology, SB purchased the empty ONCI shell and brought these apps to the public eye.
Over the last three years, SB has brought revenues from 55k in his first quarterly report to over 4.5 million in revs in 2018. And these revenues have proven very profitable, with a 40% income rate. With AR’s pushing 4 million, and increased sales of this tech to the likes of Autonation, Carmax, and many other dealerships, investors can count on revenues increasing quarter over quarter. In three years, ONCI has reported increased revenues every quarter since its inception. And this is just for the drive apps. AND THIS IS JUST GETTING STARTED.
Onci has six divisions, some up and running, others have been announced and are being built for the future. The first and most lucrative is the Cogosense division, which in addition to the drive apps, are also bring a child car-seat app, a GPS locator (this is being sold now), an alcohol sensing app, golf apps, an urgent dentist app, and more. There is a lot to be excited about just considering this first division. But ONCI is much more than just this.
The additional divisions include media marketing, mobile dentistry, a giftcard exchange, manufacturing, and MJ. Although all of these have been announced, the manufacturing arm and the dentistry are future projects to be tackled once revenues increase and ONCI has the capital to fully pursue them. Meanwhile, MJ craft grower Sifthouse (which we have paid a 10% 100k deposit on) is anticipating a license, digital media 3dmc.tv is bringing in revenues, and the recently announced giftcard exchange with a launch date goal of June 14th 2019.
The current PPS does not show the true value of this burgeoning company. With 4.5 million in revs with an OS of 4.5 billion, at 5x earnings the PPS should be .005. 10x earning, .01. This is without the announced 1.4 billion share reduction, which should be finalized by the end of January IMO. This was delayed due to an unforeseen debt with the state of DE, which has been negotiated and paid to the tune of $1200, much less than the inherited 330k keeping this in limbo. After this is done, the company will re-domicile to CO with a name change Hexagon Holdings, currently in good standing with the on the COSOS website.
The currently PPS shows that investors are waiting for Steve Berman to fulfill some of his previously missed self-imposed deadlines, all caused by the inherited debt that was found when the company initiated their first audit. The audit was halted at that time, and SB spent the next 12 months negotiating it down to an incredibly low final payment.
Many meetings have been announced that did not result in any deals being made, ultimately interpreted and misconstrued as “CEO Lies”. SB’s only transgression IMO is getting a bit too excited about these potential deals, ‘putting the horse before the cart’ so to speak. In sales, one must set up as many meetings as possible—some will pan, others won’t. I for one want a CEO who works as tirelessly as Steve Berman.
$ONCI has IMO the greatest potential to be a monster on the OTC, and SB is the guy you want at the helm. He has traveled the globe bringing Cogosense’s products to the forefront of the distracted driving epidemic. And the industry is taking notice, the revenues prove that. And to think, there is so much more happening behind the scenes that we just don't know about yet. 2019 IMO will be a very exciting year for $ONCI
GLTA
