On4 Communications Inc(OTCMKTS:ONCI) has seen a spectacular move in recent months off its $0.0001 lows to recent highs of $0.0192 which is now the new magic tippping point for ONCI; a break over and this one goes significantly higher.
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.
ONCI got a boost on Thursday after the Company announced a revenue sharing agreement with New America Energy to promote and sell NECAs BestTitleDeal (BTD) app. Steve Berman, ONCI CEO, commented: “By using our current ad platform on Google, Facebook, and other social media we can deliver leads to title companies. This App is free and makes money by delivering leads to title companies. On 4 will receive 50% of the leads it generates or $12.50 per lead. Based on our current ad platform statistics, we can deliver over 1,000 leads per week generating $12,500 per week for a total of $600,000 a year to start.”
On4 Communications Inc(OTCMKTS:ONCI) seeks to acquire and/or merge with businesses that present new opportunities and innovative business plans, especially with respect to new technologies. The Company owns a 100% equity/ownership stake COGOSENSE.COM, the maker of distracted driving App BSAFEMOBILE and Geolocation App BFOUNDMOBILE, plus a 49% equity/ownership stake in Digital Media Management & Consulting , a joint venture which implements electronic sell-through and content advertising supported networks.
FMS safe driving app BSAFE MOBILE- protects the driver from the dangers of distracted driving. BSAFE MOBILE is currently selling at $250 per unit. FMS global tracking device- B FOUND MOBILE tracks vehicles anywhere even under 5 feet of concrete . pre sales have been ordered at $250 per unit.
Currently the Company has a number of apps in beta testing including the OKGOLFER – ok golfer- tells the player what club to hit based on there handicap and speeds up the game by 2 hours we are expected to bring to market at $100 per unit. GOLF GAMBLER- is a gambling app that lets golfers gamble on their round this APP is free, our income varies and is paid after each round is complete.
The Company also plans to develop an Alcohol tracking sensor that works similar to a breathalyzer this app will be released to market at $150 per unit. The Company also plans to develop a car seat monitoring sensor monitors car temperature and whether car seat is occupied This will come to market at $150 per unit.
ONCI has an aggressive focus on acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare industry. Our newest targeted businesses are operating in the trillion-dollar mobile App space. Our first acquisition in the mobile App space is FMS Marketing a global creator and distributor of mobile Apps for Android and iPhones. We are also targeting businesses to acquire and a joint venture with in the medical marijuana and emerging MJ ancillary products space.
ONCI is led by successful entrepreneur, Steve Berman who recently co-founded 3DMC, a premier digital multimedia company; and also served as CEO of Stealth Sports and Marketing, a consulting firm specializing in marketing and multimedia solutions to professional sports teams. Prior to working with 3DMC and Stealth, Steve held the positions of Senior Vice President at YES Network the number one regional sports network in the country.
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ONCI has been running hard as the Company announces a number of exciting new contracts; in August ONCI was invited by FORD MOTOR COMPANY to pitch the FMS distracted driving app at their corporate offices in Dearborn Michigan. The FORD meeting has been in the works since late last year and will take place on September 27, 2017. The Company also met with the CHRYSLER CORP at the end of August.
In September ONCI announced it has signed a major new contract with Pennsylvania/New Jersey dealer Group with brands including Jeep,Kia, Chevy, Ford, Alpha Romeo, GM, Hyundi and Nissan.
CEO Steve Berman states, “This contract is for 20 dealerships in Pennsylvania and New Jersey. Each dealership will take 20 units per month at $200 per unit which is $80,000 per month and 1 million per year. The units will be delivered October 20 2017.”
ONCI also announced a JV with Title King a division of New America Energy Corp that will create additional revenue in the very profitable Micro lending business. Our niche in this industry will be the ability to bring Lenders, Customers and Dealers together in one very simple application.”
On October 5 ONCI 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 OTCQB 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 aftermarket 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 year.”
CEO Steve Berman also said he 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. He will also NOT be taking the 150 million shares he is owed for 2016 and 2017. This comes after the Company reduced the OS by 1.4 billion shares.
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Currently trading at a $39 million market valuation ONCI has minimal assets on the books and significant rising debt that usually leads to significant dilution. ONCI is an exciting story developing in small caps; 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. We will be updating on ONCI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ONCI.
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Disclosure: we hold no position in ONCI either long or short and we have not been compensated for this article.