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Posted On: 01/08/2021 7:53:19 PM
Post# of 40990
Interesting... They have been busy on Facebook today. I received a response from them about their getting rid of bSafeMobile. They will be adding the in-app reporting to the Fleetsafer. So my understanding is bSafeMobile will be phased out as of April and Fleetsafer will be the replacement.
Also, imo, ONCI has a 100% equity/ownership stake COGOSENSE.COM and has paid 72% towards it. It is in the past filings, here is an excerpt from it:
On August 17, 2017 the Company entered into a non-binding Letter of Intent to purchase CogoSense Technology, Inc. a Canadian company, which developed and is marketing its FleetSafer App – an enterprise software solution for smart phones and tablets that detects the driving state of an entire on-the-road vehicle fleet and automatically places those devices into “safe mode” while driving occurs, to prevent distractions.
CogoSense has also developed an individual consumer version called bSafeMobile and the bFoundMobile App which is a fleet vehicle tracking system to monitor vehicle locations at any time. Through July 31,2020 the Company had cumulatively paid $ 1,875,000 towards the overall purchase price of $ 2.6 million to acquire 100% of the CogoSense company, including its technology assets, revenue stream and customer base.
Also, imo, ONCI has a 100% equity/ownership stake COGOSENSE.COM and has paid 72% towards it. It is in the past filings, here is an excerpt from it:
On August 17, 2017 the Company entered into a non-binding Letter of Intent to purchase CogoSense Technology, Inc. a Canadian company, which developed and is marketing its FleetSafer App – an enterprise software solution for smart phones and tablets that detects the driving state of an entire on-the-road vehicle fleet and automatically places those devices into “safe mode” while driving occurs, to prevent distractions.
CogoSense has also developed an individual consumer version called bSafeMobile and the bFoundMobile App which is a fleet vehicle tracking system to monitor vehicle locations at any time. Through July 31,2020 the Company had cumulatively paid $ 1,875,000 towards the overall purchase price of $ 2.6 million to acquire 100% of the CogoSense company, including its technology assets, revenue stream and customer base.
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