Replies to post #182183 on On4 Communications Inc (ONCI)

[jaimerodriques]

BTW, MFN: After the writing of my post to you, I went back to see how many person follow marks you had, and saw that you had 129. But how that after this post, you should soon see 130 pf marks! So, ENJOY!
And thank you once again for your excellent & so well laid out knowledge & education about how to more safely & assuredly evaluate any publicly traded company, with regard to whether one should or should not want to invest in it.. Sincerely, Jaime

GLTA & VIVA ONCI !!!

[DJknows]

Nice to see you posting here Jaime! I believe you're now following one of the best analytical, comprehensive and rational minds in OTC... and while MFN isn't on this ONCI board daily, his enlightening input and informative posts are nothing short of amazing!

Now, you're absolutely right about all the other important facets and factors that make me truly believe in ONCI: remaining current, filing the only valid information I can trust and just as important is having a CEO who's working hard to deliver on his word, vision and potential of his public company!!!



Very best to you and all with ONCI/HEXA!

[MoneyForNuthin]

Thanks for the kind words, Jaime, I'm glad you found the info helpful. I plan to update it again when I can put a bit more time into it. The latest/new financial report offers a lot more to incorporate into the spreadsheet, and I was very happy to see the continued high margin on sales. Net profit matched the margins once again, if you take out the one-time costs for extinguishing the debt through the 3(a)(10) transaction. Sales were up about 13% from the previous quarter - not as much as I expected, but there was an explanation given. And that will hopefully be nothing more than a rounding error after we see some ramp-up of sales through AutoNation and CarMax over the next 6 months to a year.

I maintain what I stated in an earlier post about the potential for ONCI that seems imminent. Sometime soon, when we see the first insurance company or the first AAA group pick up the product, either by endorsement or through a discount or subsizing program... that's when the company will really begin to fly high. I think it's just a matter of time, and SB is doing exactly what he should - stacking the deck with dealers everywhere, getting that foothold and building the distribution... ready for lift-off. It's like ONCI stock is in a pressure cooker, and the lid's about to pop off.

We have a couple of things holding the stock in this range for now, and it's not such a bad thing for those who actually invest in OTC companies - the stock is pretty darn cheap. But we're looking to get past some fundamental milestones, first, to clear up the Delaware tax situation, and second, to get past whatever may be upcoming to pay off the LAM debt. The 3(a)(10) is done and as Steve noted several times, there is nothing hanging out there for another 3(a)(10) deal. But, as others have mentioned in posts over recent months, part of the cost that was due directly to LAM for executing the 3(a)(10) debt-clearing stock transaction is in a convertible note, and it needs to be cleared out and paid off soon.

All the while we're looking for those two milestones to be knocked off, Steve Berman continues to build onto the business with increasing distribution and product development & improvement - ALL THE RIGHT THINGS TO BE DOING RIGHT NOW! Very happy with ONCI - looking at the long-term value here!!