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On4 Communications ONCI
(Total Views: 234)
Posted On: 12/13/2017 4:54:25 AM
Post# of 40991
Posted By: wrenchman
I think many are way underestimating what these financials could reveal!:-)

Like 6 installments for the purchase of Cogosense which is 3.5million ÷ 6 =$583,333 so like if the company could not be making at least double that why put that out there?

Think people go back and read and listen to what's been said or written, I do!


https://ih.advfn.com/p.php?pid=nmona&article=75567135

Quote:
CEO Steve Berman states, "The price is 3,500,000 USD and will be paid in 6 installments over the next 6 months. This will be financed by a loan against receivables and will not be dilutive to the company. Our partner also owns a fleet business which adds another sector to our holdings and is an established business in itself.




Now that was announced Sept 1st so will that be in these fins I think it will somehow. Now when I read that PR I pretty much figured the income was at least double that per month when he announced that I mean cmon would have to be he would not commit to payments of more than the company is making!IMO

$ONCI #BSAFEMOBILE













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