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Posted On: 01/24/2017 10:51:50 AM
Post# of 40991
ONCI Increases Revenue by Securing 8 New Vendors in Florida
New York, NY -- January 24, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC Pink: ONCI) is proud to announce that they have secured 8 new Auto Dealer Vendors in Florida State for their premium FMS Drive Safe App.
ONCI CEO Steve Berman states, I am proud to announce our expansion into Florida. As previously mentioned in earlier press, it takes approximately 6 months for full vendor implementation. For this particular group of Vendors, we have extrapolated attaining an average $7K in recurring monthly revenue per vendor. With the demand for our FMS Drive Safe App service now gaining an incredible amount of traction amongst auto dealers, I will be returning to Florida in approximately 3 weeks to close on 10 more auto dealers who have already expressed a great deal of interest.
I will also be lowering our O/S by 1.5B shares as previously stated and advise our shareholders to please monitor our filings on OTC Markets for these pending changes to soon be reflected. These are very exciting times for ONCI and our shareholders and I look forward with a great deal of optimism to the journey ahead CEO Berman concludes.
New York, NY -- January 24, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC Pink: ONCI) is proud to announce that they have secured 8 new Auto Dealer Vendors in Florida State for their premium FMS Drive Safe App.
ONCI CEO Steve Berman states, I am proud to announce our expansion into Florida. As previously mentioned in earlier press, it takes approximately 6 months for full vendor implementation. For this particular group of Vendors, we have extrapolated attaining an average $7K in recurring monthly revenue per vendor. With the demand for our FMS Drive Safe App service now gaining an incredible amount of traction amongst auto dealers, I will be returning to Florida in approximately 3 weeks to close on 10 more auto dealers who have already expressed a great deal of interest.
I will also be lowering our O/S by 1.5B shares as previously stated and advise our shareholders to please monitor our filings on OTC Markets for these pending changes to soon be reflected. These are very exciting times for ONCI and our shareholders and I look forward with a great deal of optimism to the journey ahead CEO Berman concludes.
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