Replies to post #99591 on On4 Communications Inc (ONCI)

[Traderboy1966]

My guess is there will be a surprise and land above 450k. Just a gut feeling. Either way I'm Longgggg

[Havenstein]

Somebody mentioned that ONCI is using accrual accounting. I guess that could mean that Asia, Brazil, and Florida revenues might be included. If that's true, I think your estimate is going to be beat to the upside.

[Breezerunner]

2nd quarterly reports for 2017 will show solid growth IMO.

We all know (anyone who has done any amount of ONCI DD) that new sales contracts were largest in August and again in September. So, we won't see much of that hit until nov 2017 - jan 2018 period.

Fiscal Q1
Nov 1, 2016 – Jan 31, 2017
Earnings $56k
“It bears noting that our reported Q1 revenues only represent the initial FMS purchase orders which began to flow into the company at the end of November 2016. ONCI has now entered a bold new era of growth during fiscal Q2…”
ONCI CEO, Steve Berman

Fiscal Q2
Feb 1, 2017 – Apr 30, 2017
Earnings $307,750
“Our dramatic quarterly revenue increase represents the initial tip of the iceberg as our FMS global growth begins expanding into multiple new territories…”
ONCI CEO, Steve Berman

Fiscal Q3
May 1, 2017 – Jul 31, 2017
Earnings ??? Speculated - $450k
“I’m thrilled to be able to release it by 9/15, and I think you guys will be very happy with the results. Many of these new contracts are too late to be represented there, but you all should be happy…”
ONCI CEO, Steve Berman