On4 Communications Inc (ONCI)

[doogdilinger]

January will be a huge month for us as we start meetings and trials with 5 foreign insurance companies. This is our biggest undertaking in the companies history.

I don't think folks realize that ONCI's not only already driving approx. $5M in revenue per annum, if they close on the above tweet alone, we could see ONCI's per annum revenue jump another $25M per annum easily @ $5M per foreign insurance company right!

And the biggest factor ONCI has going for it right now is that half their approx. 4B O/S is the control block owned by CEO Berman!

So there's really only a 2B tradable float in play here, which makes todays tweet that much more exciting!

Because played correctly, not only could ONCI's CEO do a common share exchange to preferred shares on a 100/1 basis while maintaining 1/100 voting and conversion rights...if he starts landing the 5 insurance companies he should strongly consider a small 4 or 5 to 1 r/s which would get ONCI's O/S down to around 500M shares only on a company legitimately driving over +$30M in per annum revenues!