(Total Views: 355)
Posted On: 09/19/2019 9:13:45 AM
Post# of 40991
b. Every single thing said by the CEO about the business is true
Every single thing? I can find twenty more statements just like this
from Oct. 11, 2017:
ON4 COMMUNICATIONS ANNOUNCES IT HAS AGREED TO ACQUIRE A NEW YORK DENTAL GROUP AND PLANS TO OPEN 30 URGENT CARE DENTAL OFFICES WITHIN THE NEXT 36 MONTHS
New York, New York - On4 Communications (OTC: ONCI) today announces it has agreed to acquire a New York dental group and plans to open up 30 urgent care dental offices within the next 36 months. This dental group is profitable and is being acquired for 2x net PE.
CEO Steve Berman states, "This has always been one of the concepts we planned on, and is now coming to fruition. We are also planning to enter the elder care dental market bringing dental care to assisted living centers and senior care facilities throughout the New York Tri State area, then rolling out nationwide. This will become the 5th division in our soon to be official Hexagon Holdings Corporation."
Where is this purchase accounted for on the financial statements?
Every single thing? I can find twenty more statements just like this
from Oct. 11, 2017:
ON4 COMMUNICATIONS ANNOUNCES IT HAS AGREED TO ACQUIRE A NEW YORK DENTAL GROUP AND PLANS TO OPEN 30 URGENT CARE DENTAL OFFICES WITHIN THE NEXT 36 MONTHS
New York, New York - On4 Communications (OTC: ONCI) today announces it has agreed to acquire a New York dental group and plans to open up 30 urgent care dental offices within the next 36 months. This dental group is profitable and is being acquired for 2x net PE.
CEO Steve Berman states, "This has always been one of the concepts we planned on, and is now coming to fruition. We are also planning to enter the elder care dental market bringing dental care to assisted living centers and senior care facilities throughout the New York Tri State area, then rolling out nationwide. This will become the 5th division in our soon to be official Hexagon Holdings Corporation."
Where is this purchase accounted for on the financial statements?
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