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Friday, February 08, 2019 11:02:14 AM
BUSINESS
Shareholders, I am happy to report that we have reduced the OS of On4 Communications by 1.4 billion shares. For the 12 months ending Oct 15 2018, we reported an OS of 4,505,705 518. The new OS is now 3,105,705,518. In addition, we are working with the past CEO to retire the 30 million preferred shares that are on the books. I expect this will be done within the next week or so. These shares are issued in his name and cannot be retired unless certain criteria is met. The shares can never be converted to common but I want them off the books.
GIFTCARDEXCHANGE.SHOP
As we have discussed giftcardexchange.shop is moving very quickly. We have met with the web designers and have the beginnings of a platform. I have also met with 2 large NY department stores
PHARREL PROTECTION
..one of the largest roofing companies in the USA and Canada. This company has over 1200 light trucks and vehicles.
Through Pharrel, we are in contact with large machinery companies including Cat and Deere as well as large mining companies including Rio Tinto, Bhp and Vale for our Bfound mobile product and I believe we will be testing very shortly. The heavy truck business is a huge opportunity and we are moving forward everyday. This is an untapped market and we are the first to be there.
2ND PRIVATE LABEL
We are dealing with one of the largest dealer groups on the east coast with over 60 dealerships. The deal is 20 units in each dealership to start at $200 net to us, or $240,000 per month. This will roll out over a month. In addition, we are in talks with three other companies regarding private label opportunities; two in Europe and one here in the USA
SIFTHOUSE
we are in talks to lease 10,000 square feet of space in Vancouver by the river. This business has taken off and companies are making money hand over fist.
HEXAGON
THERE WILL BE NO REVERSE SPLIT." "
https://www.otcmarkets.com/stock/ONCI/news/story?e&id=1280531
Hexagon soon
$ONCI
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