New York, NY -- November 7, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC :ONCI) is pleased to announce that it has executed a 2000 unit contract with a large European Taxi Company.
CEO Steve Berman states, "We are pleased to announce this contract with a major European Taxi Service with locations in Czech Republic, Hungary and Romania. They will be taking 500 units per month for 4 months beginning February 2018. Each unit is $200 totaling $100,000 per month and a grand total of $400,000 ." "We are also pleased to announce that we have signed a contract with former NASCAR team owner Bill Jenkins. Bill will be a consultant to the company. Bill has a vast marketing background and will be a major asset to the company.
"In addition, we have secured 12 major meetings at the Dubai Auto Show starting Nov 14 with major clients including:
1. Taxi Watani
2. Careem (Uber for Middle East)
3. Tammimi Transport
4. Al Naghi Group
5. Key Rent a car
6. Muhaidib Group - Integrated Transport Co
7. Ministry of Transport Saudi
8. RTA Dubai
9. Al Futtaim (major auto distributor)
10. Al Jomaih (GM distributor)
11. Juffali (Mercedes Saudi)
12. SAPTCo (Bus company)
"All clients will be testing units prior to our meetings next week. We will also be meeting with other major companies in the Middle East to discuss their distracted driving needs. These meetings are huge and represent a large cross section of both consumer and commercial groups."
"Last 10 days I was in Kuala Lumpur meeting with 4 Cellular telephone companies and securing our first Asian factory deal. Closing is expected in February 2018. We expect to re-tool the facility in the next couple of months and will be able to produce an additional 4000 units per month. We have a letter of intent for the next 3000 sq ft facility to come online mid 2018."
"Please also note that all questions for the conference call on Friday can be sent to on4company@gmail.com and we will answer as many of them as we can on the call." "Meeting with Lawyers all day today to finalize exciting new revenue contracts and global opportunities." CEO Steve Berman concludes.
New York, NY -- October 24, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC: ONCI) is pleased to announce that it has executed a 3000 unit contract with a large middle eastern multinational company with a fleet of vehicles which tops 7500 cars, Suv's and trucks. CEO Steve Berman states, "We are pleased to announce this contract with a major multinational company with over 7500 vehicles. They will be taking 750 units per month for 4 months beginning JAN 2018. Each unit is $200 totaling $150,000 per month and $600,000 over the course of 4 months. If our customer is satisfied they will be taking another 4500 units at $200 totaling $900,00 over the next 8 months beginning Aril 2018."
"We are also pleased to announce that we have signed a contract with a large after market group with access to 450 dealerships throughout Florida, Alabama, Louisiana, Georgia, South Carolina, North Carolina and Virginia. This group will be selling Bsafe Mobile and Bfound mobile into its dealer network. This adds approximately 450 prospective clients to the Bsafe Family. These types of deals expands our reach to get more products into the pipeline."
"More revenue contracts and updates on 2 of our beta apps later this week," CEO Steve Berman concludes
New York, New York -- October 18 2017 -- InvestorsHub NewsWire-- On4 Communications, Inc. (OTC: ONCI) today announced it has secured a second meeting with QVC and signed a Pilot order with a large Middle Eastern Taxi Fleet. CEO Steve Berman states, "I will be traveling to Westchester Pennsylvania on Tuesday, November 21 2017 for a second meeting with QVC. They already have tested units and we are negotiating a price for10,000 or more a year."
"We are also excited to announce that we have signed Gunther Motors with brands including VW,2 dealerships, Mazda and Kia. They have taken a total of 90 units per month at $200 for $18,000 per month and a total $216,000 per year. Gunther is one of the largest VW dealers in the country. We are able to announce the name Gunther Motors as the connection was made by one of our shareholders."
"We are also pleased to announce that we have a pilot program with a large Middle Eastern Taxi Fleet with over 10,000 taxis throughout 4 different countries including Saudi Arabia, Kuwait, UAE and Egypt. They have ordered 500 units at $200 ea for a total of $100,000. I will be meeting with the company in Dubai at the Auto Show to negotiate pricing on the remainder of the fleet. We are talking about not only Bsafe Mobile but Bfound Mobile as well."
"We are pleased to announce the removal of $1.8M in Long Term Debt. We settled this debt for 33 cents on the dollar. Our move to Colorado will show no long-term debt on our books. This was the last important step in our debt removal plan. Our increased revenues have all been reinvested in the company to be able to grow as fast as we have been. The reason this was so important to accomplish was the interest on the debt was a huge burden to our operations. "
"We are also pleased to announce that we have set up 3 additional meetings at the Dubai Auto Show with very large international companies with over 5000 vehicles each in their fleets. This brings our total to total to 9 potentially large international opportunities from the auto show."
"We are also proud to announce that we will be starting our targeted Facebook campaign with Fly Communications to begin next week. We are expecting to drive a lot of traffic to our Bsafe Mobile website."
"The reason why I have not posted the engagement letter with our accountant is because of changes our SEC consul advised. As soon as we get this done I will post it on Twitter."
"Additional revenue contracts and more updates shortly." CEO Steve Berman Concludes
New York, NY -- October 16, 2017 -- InvestorsHub NewsWire -- On4 Communications (OTC: ONCI) today announced it has signed $1,020,000 in new revenue contracts, and participation in the Dubai International Motor Show.
CEO Steve Berman states, "We are pleased to announce that we have signed a contract with a 7 dealer West Texas auto group with brands including Jeep, Dodge Trucks, Ford, Toyota, Nissan, Chevy and Hyundai. Each dealership will take 35 units a month at $200 each for $49,000 per month and a total of $588,000 per year. We have also signed a contract with a 6 Dealer South Florida Auto group with brands including Toyota, Nissan, Acura, Kia, Jeep and Hyundai. Each dealership will take 30 units per month at $200 per unit for $36,000 per month and $432,000 per year. Delivery will be mid December 2017." "We are also pleased to announce that we have been invited to participate in the Dubai International Motor Show from November 14 to November 18 in Dubai, United Arab Emirates. As of Today we have set up Meetings with 3 International Insurance Groups, a large after Market Warranty Group, 2 International Auto Manufactures and a large FNI after Market group. We will be presenting bSafeMobile and bFoundMobile. I will be travelling to Dubai on Nov 13 and returning to NYC on November 19th. The Dubai International Motor Show is attended by every big Insurance Carrier, Auto Manufacturer, Extended Warranty Group and all the big after market industry providers in the world. This is truly an International Affair."
"As I have stated before we are in the perfect storm of the business cycle as our brands get more and more recognition. Updates on all deals and new revenue contracts to come shortly," Berman Concludes
New York, NY -- October 05, 2017-- InvestorsHub NewsWire -- On4 Communications (OTC: ONCI) today announced it has interviewed 2 audit firms in New York, and decided to select Mazars USA LLP.
CEO Steve Berman comments, "It has always been my goal to have fully audited financials and we are close to that goal today. I chose Mazars LLP because of their expertise in foreign accounting as we are now a global company. I will post the engagement letter on twitter later this afternoon. Audit expected to last 6 to 8 weeks. Upon completion all requirements for OTC QB will be met, and maintaining a .01 bid price would be all that remains."
"We would also like to announce that we have signed a contract with a northern Florida auto group with 6 dealerships including Chevy, Kia, Hyundai, Ford, Nissan and Toyota. Each dealership will take 20 units per month at $200 per unit for a grand total of $288,000 per year."
"We are also pleased to announce that we have entered into a contract with a large southwestern extended warranty company; we will be selling their products which include extended warranties, tire and wheel and other after market products in our dealer network and they will be selling our apps in their dealer network. They will start with 50 units per month at $200 per unit and a grand total of $120,000 per yr."
"In addition, I will be travelling back to Kuala Lumpur on October 23rd for meetings with Malaysian cell phone companies, with the hope of selling our apps at their retail locations. There are over 600 retail locations in Malaysia. I will also be meeting with our attorney in Asia regarding finalization on the first manufacturing facility which is expected by November 30 2017. This acquisition will be financed with a loan against receivables." "The 3rd reduction of the share structure is as follows: I am owed a bonus of 150 million shares for my work in 2016 and 2017. I will not be taking this bonus and the 150 million shares will not be added to our share structure. I will not be taking any bonuses going forward as I want to have as much cash available for operations, and my compensation package for 2018 is being reviewed by the board to reflect these changes."
Berman adds, "I would also like to announce that we will have a shareholder conference call on November 10 ,2017, time and dial in number will be announced shortly."
"Additional revenue contracts coming next week, and working on M&A with an update expected within 2 weeks." CEO Steve Berman concludes.
Steve is at the Dubai Auto Show and you know how much money is walking thru that door? Well this Sheikh was there and his net worth is 18BILLION ,so with our master salesman Steve there I would not want to chase if he rubbed elbows with this guy!;-)
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