On4 Communications Inc (ONCI)

[DewmBoom]

ONCI/HEXA Positive Traits of the Q1.......Better than Expected

a. Revenue of $1,428,519
b. Net Income of $596,273, or 41% of Revenue
c. Cash collected from AR of $585,765, which is great
d. Payment for CogoSense of $155,000 for a grand total of $1,200,000, or 46% ownership
e. Increase in cash at hand from $117,285 to $197,000
f. CEO has a huge stake in company's success, as it will benefit him tremendously if he makes it succeed. As of right now, he is not collecting any money from the company, as he builds it to be stronger.

https://backend.otcmarkets.com/otcapi/company/financial-report/213778/content

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