Replies to post #170618 on On4 Communications Inc (ONCI)

[mug2011]

Good answer Smokey. I understand people wanting verification on things but many are demanding more from this startup than a Fortune 500 company. Audited fins will solve all problems and it will come sooner than people think IMO.

[Breezerunner]

ONCI That is some very sound reasoning Smokey.

There have clearly been many confirmations of dealerships carrying the product, product available online, and end user reviews/pictures of the product. If you do not believe ONCI has a production operation... where did these products come from?

There is no need to release pictures of production lines/facilities, ever. Most companies will not release pictures of production facilities to secure trade secrets, among other reasons. All that is needed for proof, is product availability, and revenue. Both of which we have.

Take Apple or LG for example. Apple does not use high tech production lines for production of iPhones, they are assembled by hand in Taiwan. LG on the other hand uses high tech robots to assemble their phones in the US. However, good luck finding pictures of either of their production facilities. Does that mean they don't exist either?

I assume ONCI/Cogosense are taking a route more like Apple/iPhone, producing by hand. This is because of the high cost of robots that can perform this kind of assembly. The payback for such purchases are likely too great compared to the costs of labor in KL, especially for a start up. If this is the case, the facilities already in place via Cogosense/Aegis Mobility acquisitions would likely be sufficient to supply the orders to this point. The new locations in KL/wherever will be needed eventually, but pictures of them.. are not.

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