Great DD Recap From Mary: Should be sticky'd here with her permission.
ONCI--Since the company has 6 arms or holdings, the name “hexagon” was a perfect fit. Steve has shared with us how back in March of 2016, he had goals of turning a dormant company into something. So far, he is happy to go from a stock price of .0001 to .01117 since then (a 11,170% increase), but he seems far from satisfied as his enthusiasm poured into the explanation of all 6 divisions:
App & App Design
Some form of Cannabis Related Company
TBA in 2018 and will be HUGE!
App & App Design
BSafe Mobile leads the way with their roster of apps. The safe driving app is available for both iPhone and Android users. Distraction Driving is a hot topic as more deaths are being attributed to distracted drivers than people who died from cancer. Its the “Perfect Storm of Apps” claims CEO Steve Berman. The app will notify the admin of the vehicle and in which the admin can then turn off the phone. When the car’s wheels starting rolling and the driver is using the mobile device, the admin will be notified and can chose to power off the device. This app and its technology is huge on a global level. Orders keep flowing (see recent press) and much more contracts and revenues are set to be announced over the coming weeks.
Other apps include:
Fleet Savers… like the BSafe app, the Fleet Savers app will allow an admin who can monitor up to 10,000 vehicles, the ability to see the location of their vehicle, the drivers patterns and more.
BFound Mobile… A great example is a rent a car agency. If someone picks up a car in lets say St. Louis, Missouri, and rents it for a week, the renter has no idea where that vehicle is at any given time, nor how many miles have been put on it or anything. The only thing they know per the renter’s agreement is that the car will be delivered back by such and such time. The app will allow them to know where the car is at any given time. This is perfect for agencies like Hertz, Budget, Avis, Enterprise etc. Certain apps may have the ability to do this but they works by GPS, and will not work when underground. This app works by apple beacon so even when underground the admin will still know the location of the vehicle.
OK Golfer… an app used by golfers to ultimately speed up the round of golf by providing distance to the flag and selecting what club the golfer should use. This will help elevate a lot of unnecessary thinking, guessing and judgement time.
Golf Gamble… is in the beta testing phase. The app will allow the golfer to wager money in attempt to double or triple their money based on how close they can get their ball to the pin or hole. Preliminary numbers were 90% of the time golfers will lose, making it a potentially profitable app not only for the company but for the golf courses whom they partner with.
Drive Sober…also in beta testing, will work by having a device on the visor. The device will pick up the alcohol levels on their breath and monitor the admin. The admin, usually the car’s owner or parent, will then have the ability to stop the driver from driving while potentially under the influence. Another app with the intention of saving lives and wrongful deaths.
Child Car Seat App… will work based on a sensor attached to the child’s car seat. The sensor will notify the admin when the temperature inside the vehicle reaches an unsafe level, if and when the parent leaves the child unattended. This app is an attempt to stop wrongful deaths of children due to heat exertion.
Urgent Dentist…will allow you to find an urgent care dentist location near you, rather than having to wait until the next day to see a dentist. This app ties along with the DENTAL CARE arm of the company mentioned below.
While the company plans on using its factories to make its devices between the hours of 9am and 9pm, it will seek additional revenues by renting the factories from 9pm to 8am. This could generate $6000 a day and have the lines running 24/7. The company would like to open factory locations across the globe at locations such as Canada, China, Budapest, Brazil, Prague, and the United States. The goal is to optimize the lines so that if they are not making product to fulfill orders, then they are being leased by someone else to generate maximum revenues.
The company wants to start off by using an office space at around 30 Urgent Care facilities over the next 24 months. The opportunity to get immediate dental care is huge. An example was given where if you have bad tooth pain or a broken tooth at 9pm at night, there is nothing you can do at the moment other than hope someone will see you when offices open at 9am. Being located in an Urgent Care facility, it will allow a person in need the option of getting immediate help by visiting of the locations. (also ties in with the app) The company will then give the Urgent Care facility a royalty and allow them to also do the medical billing. This will save the company $5000. It will be rolled out i the NY tri-state area.
He also talked about plans to make the Dental Care “mobile”, where they will bring dentistry to locations such as homes for the elderly. All the equipment including tools, chairs, machines etc. will be brought in. A dental hygienist could be rented/paid $300 for the day, and they could see on average 15 patients. If they were to bill the insurance companies $50 for the appointment, that would be $750, making it very profitable based on only having to pay $300 for the hygienist. An actual dentist may run $800 a day, but the revenues from his services would be much more than $800, thus making it a profitable venture also. This business model, multiplied by many locations in eventually many states will add up nicely. Steve wants to build many revenue streams and have the company earning money every day.
The 4th division wants to focus on “retinal scan” technology that will allow ad agencies the ability to target which ads are displayed based on recognizing its viewer. In example, if the digital ad display notices a middle aged man it will show “work boots”, while if it recognizes 3 teen girls, it may show a T-Mobile ad for cell phone service and a young woman possibly perfume. Having the ability to target your audience brings tremendous value to advertisers allowing them to get the best bang for their buck. Ads that can be quantified at stadiums, malls, theaters and gas stations are just a few immediate opportunities for the company.
Very little info was mentioned on the 5th arm of the company. It sounds as if it will be Colorado related and that due diligence has been going on with certain companies. They are going through the books of a few companies and looking for profitable ventures that they can exploit and make even more profitable.
TBA (To Be Announced) in 2018
This was an eye opener. When the CEO stated the new venture will be so big and will make so much money that everyone will be able to buy new houses… I was WOWed! I understand there are forward looking statements, but he was definitely optimistic about what he has planned for next year.
After going through the 6 legs/arms or divisions of Hexagon Holdings, Mr. Berman re-emphasized the significance of a “holdings” company and its flexibility. The beauty of having multiple holdings is that if one of the entities fails, the company doesn’t go under because there will be 5 other revenue producing holdings that keep it strong and running. The remainder of the call touched on:
Whats going on with Dubai?
Recent New Hires
Updates with Car Companies
Closing Shareholder Questions
15 Million Dubai Women To Get Their Driver’s Licenses
Exciting times are upon the women in Dubai, as January 1st, new laws will allow women the ability to drive causing a massive influx of new drivers. The company has been in discussion with 2 major firms who have reviewed the product and now wish to discuss pricing and contracts. Steve and staff will be going to Dubai for a week and already have 14 meetings set up and numerous dinners. He discussed the significant opportunity their Drive Safe App offered the companies and people of the area, especially the United Emirates. In that country, if you are caught texting on your phone, it is a $1000 fine. Your second offense, you lose both your license to drive and your car!
The company has 44 Employees
Of the 44 employees, 37 are commission based. This is a win win scenario for the company in controlling payroll expenses. The more they payout will result in more sales. Mr. Berman indicated that of the 37, some are doing fantastic and others are not doing very well, but assured shareholders that the beauty of commission based pay meant, if they do bad, then they don’t have to pay them for poor performance. The other 7, including himself, have been doing a great job and even mentioned a few by name.
Peter Einstein, he complimented and said he really is an Einstein, has experience working with MTV Europe and has played a key role in setting up sales and meetings with Dubai, the middle east, Ireland, England and Serbia.
Eric Ritter, who is in Florida, has been working with Lawyers down there
Bill Jenkins, ex NASCAR owner, who was highly complimented, being called, smart, bright, scientific, comprehensive and a great marketer, will generate significant future revenues for the company. Anyone familiar with a NASCAR vehicle understands the car itself is an advertisement with logo’s of sponsors all over. I have a feeling his expertise will not only help on the be safe car app, but also the digital media side
Dealing with the Auto Industry
Along with 4 auto companies, Mr. Berman discussed some of their marketing efforts.
Facebook… advertising is generating sales, clients and followers
QVC… they have a meeting on November 21st
Enterprise Rent A Car… can not comment as he is still under an NDA (Non Disclosure Agreement)
BMW… they have had good meetings. BMW has requested the app be in 7 languages. To date, 4 are done so far. As soon as the last 3 languages are complete there will be testing done. Steve was unsure just how long these tests will take. BMW has asked for minor adjustments and have been addressed.
FORD… likes the product and has increased their demands for what the app can do. They wish for the app to also act as a diagnostic tool, such as indicate why and when your engine light is on. Anti tampering was an issue they are addressing.
CHRYSLER… has a similar response as Ford.
GM (General Motors)… asking too much
Major News Is Coming!
Its going to be an exciting next couple of weeks, as the CEO divulged they have 10 deals in place that will bring in between $200k to $1m each over the next 2 weeks. If that wasn’t good enough, ONCI will have a signed LOI with a large insurance company that has 2 million drivers and insure 1,000 dealerships. They are expecting an order of 500+ units a month.
Additional Shareholder Questions
How many factories do you have? At the moment they have 2 factories producing 2-3000 units a month. One is located in NY and one in Canada.
Was there a share reduction? There will be a reduction, that will be revealed with the FINRA filing, that it was reduced by 1.4 billion shares from both the Authorized shares (A/S) and the Outstanding Shares (O/S). Steve mentioned it may end up going up a tad because they will be seeking the ability to raise money for future projects.
Who is your biggest competitor? Apple is, but with their safe driving app, it is “voluntary” versus admin based.
To hear the call for yourself, go to: https://soundcloud.com/ant-chance/confenence-...nci-111017
Existing App Sales YTD Nov 2017:
November 7, 2017 – Contract with a major European Taxi Service with locations in Czech Republic, Hungary and Romania. They will be taking 500 units per month for 4 months beginning February 2018.
October 24, 2017 – Executed a 3000 unit contract with a large middle eastern multinational company with a fleet of vehicles which tops 7500 cars, Suv’s and trucks.
$600,000 to $1,500,000
October 24, 2017 – Contract with a large after-market group with access to 450 dealerships throughout Florida, Alabama, Louisiana, Georgia, South Carolina, North Carolina and Virginia. This group will be selling Bsafe Mobile and Bfound mobile into its dealer network. This adds approximately 450 prospective clients to the Bsafe Family.
$1,000,00 annual conservatively
October 18, 2017 – Pilot program with a large Middle Eastern Taxi Fleet with over 10,000 taxis throughout 4 different countries including Saudi Arabia, Kuwait, UAE and Egypt.
$100,000 Pilot Test
October 18, 2017 – Contract with Gunther Motors with brands including VW,2 dealerships, Mazda and Kia.
October 16, 2017 – Contract with a 7 dealer West Texas auto group with brands including Jeep, Dodge Trucks, Ford, Toyota, Nissan, Chevy and Hyundai.
October 16, 2017 – Contract with a 6 Dealer South Florida Auto group with brands including Toyota, Nissan, Acura, Kia, Jeep and Hyundai.
October 11, 2017 – Contract with a 7 dealer Massachusetts based auto group, with brands including Chevy, Nissan, Toyota, Hyundai, BMW, Ford and Jeep.
September 29, 2017 – Contract with a northern Florida auto group with 6 dealerships including Chevy, Kia, Hyundai, Ford, Nissan and Toyota.
September 29, 2017 – Contract with a large southwestern extended warranty company; we will be selling their products which include extended warranties, tire and wheel and other after-market products in our dealer network and they will be selling our apps in their dealer network.
September 29, 2017 – A central Florida dealer group with 5 dealerships in Tampa and Orlando and brands including Chevy, GMC, KIA, Hyundai and Audi.
September 27, 2017 – A 4 dealer Toyota Group in the NY tri-state area: one dealer in NY, one in NJ and 2 in CT.
September 22, 2017 – A 250 Dealer Extended Warranty Company in New York.
September 20, 2017 – A 5 dealer group in NY with Brands including Nissan, Jeep and Volvo.
September 13, 2017 – JV with Title King a division of New America Energy Corp.
September 13, 2017 — Contract with Pennsylvania/New Jersey dealer Group with brands including Jeep, Kia, Chevy, Ford, Alpha Romeo, GM, Hyundai and Nissan.
September 8, 2017 — Contract with 25 dealerships in Los Angeles and Orange county California each dealership will take 20 units per month.
September 8, 2017 – Acquisition includes FLEET SAFER which generated over 1 million in sales last year.
September 1, 2017 — Signed a contract with a 10 dealer group in Arizona at 150 units per month at $250 per unit.
August 29, 2017 — Executed a contract with a 5 dealer auto group in Long Island New York with brands including Toyota, Nissan Chevy, Kia and Ford.
August 24, 2017 — Ford Fleet services has asked us to put 1000 units on reserve as they have a Large Mid Western Utility Company who has expressed interest in not only our FMS Safe Driving App but also our Global Tracking Device.
$200,000 trial run with HUGE potential
August 21, 2017 — Executed a contract with a large Mid Atlantic dealer group with locations in Virginia, Maryland, Delaware and Washington DC.
August 17, 2017 — Signed a deal with a large luxury dealer group in Texas including such brands as Mercedes, BMW, Lexus, Audi, Lincoln, Cadillac, Porsche and Infiniti.
August 11 2017 — Executed a contract with Google Brazil yesterday.
August 3, 2017 – Partnered deal with Assurant – purchased 500 units to start and asked us to put another 500 on hold.
$200,000 and growing!
August 1, 2017 — Entered into a marketing agreement with one of the largest worldwide online shopping sites with access to over 50 million customers. Berman reported via phone call – selling 20-40 units per day.
June 26 2017 – Signed a deal with a leading Auto Dealer group in South America representing Nissan, Toyota, GM, Ford, Land Rover, Kia and Hyundai.
April 19, 2017 — Received a $100K order for Drive Safe App from 1 of the leading Asian auto manufacturers with HQ’s based in Korea and Japan.
January 24, 2017 — Secured 8 new Auto Dealer Vendors in Florida State for Drive Safe App.
December 23, 2016 — Drive Safe App installed on a large Taxi fleet in the North-East USA, first 250 vehicles during the 2nd week of January 2017 increasing until full installation has been completed in the company’s 1500 vehicle Taxi fleet.
December 19, 2016 — Launch of their proprietary Drive Safe App with a large Food & Beverage distributor.
About CEO Steve Berman
Steve is a New York native with over 30 years of sales success and executive leadership experience. Steve is a successful entrepreneur, having founded several companies and serving in the CEO role. In his various roles managing and building various businesses, Steve has been instrumental in securing capital financings for several public and private companies, including start-ups and pre-revenue businesses. Most recently, Steve co-founded 3DMC, a premier digital multimedia company; and also served as CEO of Stealth Sports and Marketing, a consulting firm specializing in marketing and multimedia solutions to professional sports teams.
Prior to working with 3DMC and Stealth, Steve held the positions of Senior Vice President at YES Network (www.YesNetwork.com), the number one regional sports network in the country. Throughout his career, Steve developed key relationships in the top 10 markets and was responsible for developing the advertising platform for YES, which was directly linked with significant sales increases for YES Network. Before his tenure at YES Network, Steve served as Senior Vice President of Time Warner Cable NY, where he successfully grew the company’s advertising sales from $11m to well over $100m and increased national sales by 200%. During his time at Time Warner NY, the company became the number one billing cable market in the US.
'Everything works out in the end,,,If it hasn't worked out,,it's not the end'