On4 Communications Inc (ONCI)

[mary777]

Although commissions are due to SB, he has not collected one penny of what is owed to him:

3.Amounts Due Related Party

The amounts due related party represent amounts due to the Company’s CEO, Steve Berman, as follows:

At January 31,2019 At October 31,2018

Accrued but unpaid compensation $ 300,763 $ 240,763
Unreimbursed business expenses paid by the CEO 353,787 236,412
Accrued but unpaid sales commissions 1,001,186 822,620
5% loans to the Company, together with accrued interest thereon 909,244 774,711

Total currently due $ 2,564,980 $2,074,506

Unpaid consideration to acquire 51% interest in FMS 2,000,000 2,000,000
Total non-currently due $ 2,000,000 $2,000,000