Replies to post #212133 on On4 Communications Inc (ONCI)

[DewmBoom]

This is FAKE NEWS! My reporting is based on company’s own financial report and not based on fiction or based on my opinion. It is based on data and facts. People may not like it but it is a fact.

Gross margin for ONCI is 75% of revenue
Net income is 35% of revenue

This is excellent viable and sustainable business.

Think About It

[mary777]

QUOTE:

This business is unsustainable based on the gross margin reported by the company. They are delivering 7.5% and they need 95% to breakeven.

This is a grossly incorrect statement. Read the FINS. Company did 4.5 million in 2018 with a 40% profit rate.

Over 4 million in AR waiting to hit the bank.

ONCI will continue to grow profitably this year and beyond. Watch what happens when the share reduction is final and this become HEXA.

GLTA