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On4 Communications ONCI
(Total Views: 1791)
Posted On: 08/21/2020 10:39:54 AM
Post# of 40991
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Posted By: mary777
So I was introduced to someone who knows SB, a broker who has been accumulating ONCI now for a few weeks. He said that SB is still selling units to dealer groups. He's working on consignment with some and others have paid outright for the product. But he said he is VERY optimistic that the insurance company opportunities will happen. European insurers are very interested in the product due to lack of speed limits on many roads. There have been many claims with new drivers taking to the highways doing 100+ mph.

Also--I asked about fins and and was told Of course they're real. He did mention a concern about the AR, said dealer groups are notoriously slow to pay bills, especially is the product is still in stock.

IMO a second run to .002+ can come just on potential. An insurer deal in Europe could bring us back to .007.

GLTA













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