On4 Communications twitter treasure trove of information and multiple meetings with many large accounts including, BMW, Uber, Costco and National retail dealerships.
Onci was valued at $39M last Sept 2017! extremely undervalued with economic growth and future unrealized accounts, debt & share reduction, pending negotiations.
We have a Monster Pick September 15, 2017
Currently trading at a $39 million market valuation ONCI on the books..The Company is led by successful entrepreneur. Steve Berman and they are making big moves in the trillion-dollar mobile App space announcing one huge contract after another. ONCI has attracted a huge shareholder base who is bidding this one higher.
Pay Attention:Distracted Driving Could Boost Your Insurance Rates By As Much As 41%
National Highway Traffic Safety Administration, 3,477 people were killed and 391,000 were injured in motor vehicle crashes that involved distracted drivers..That may not sound like much of a budget-buster, but it represents a premium increase of 7,944% since 2011,
Warren Buffett says distracted driving will cost drivers ..With the mass popularity of smartphones and other devices, distracted driving is also becoming a greater problem on the roads..The agency estimated the costs of accidents..$412.1 billion.
Distracted driving..costs approximately $175 billion a year,..HTSA) estimates that all highway accidents represent nearly $1 trillion in economic damages.
Insurance companies and affiliated pay economic damages per year, $175 billion due to Distracted driving. All highway accidents represent nearly $1 trillion in economic damages.
Recent accounts
Autonation
new vehicle unit sales in 2018 ..16.8 million units..Our parts and service and finance and insurance operations, while comprising approximately 21% of our total revenue for the six months ended June 30, 2018, contributed approximately 74% of our total gross profit for the same period
..ended June 30, 2018, we had net income from continuing operations of $97.4 million..
..Insurance companies are the golden goose because they have so many policies in effect. The fact that they can save money by offering Bsafe to their policyholders is very appealing to them. It also provides great branding for them to promote the fact that they can save lives.
In my observation insurance companies would rather pay for Cogosense devices-Apps for savings to prevent $174 Billion dollars in paid economic damages. Customers save 25% from insurance partners and affiliates for installing Cogosense apps-devices, hence free roughly 14 months later @$175 upfront cost.
Cogosense valuation prior to share reduction, where does that put us?
Dec 15-2018 = Grossly undervalued $50 M = $100 M = $1B =
IBR Target$.025 long over due for correction, before share reduction or big retail. IBR
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