ONCI $1.44M deal with a Texas Dealer Group and $2M
Post# of 40989
(Total Views: 207)
Posted On: 11/29/2017 6:02:50 PM
ONCI $1.44M deal with a Texas Dealer Group and $2M distribution deal with Scully Lemoine Marketing Associates>
NEW YORK, Nov. 29, 2017 (GLOBE NEWSWIRE) -- On4 Communications, Inc. (ONCI) today announced it has signed a major new contract with Texas dealer Group with brands including Dodge, Hyundai, Chevy, Ford (F), Toyota (TM), GMC Lexus and Nissan.
CEO Steve Berman states, “This contract is for 8 dealerships in Texas, The 8 dealerships will take a total of 600 units per month at $200 per unit which is $120,000 per month and $1,440 million per year. The units will be delivered in Feb 2018.”
“We are also pleased to announce a distribution agreement with Scully Lemoine Marketing Associates which sells to Dealer groups and Auto Parts Stores in all 6 States in New England including Mass, CT, VT, NH, ME and RI.”
“Through this Distribution Partnership we will be able to create additional revenue in the auto parts retail operations of both large and small auto parts stores throughout New England. Scully distributes such brands as Carleson Bruske, Evans Cooling, CEMB, Ideal and many others and specializes only in The New England area. They are a major name there and have been in business for 30 years. We expect this partnership to bring in well over 2 million dollars per year.”
“I am in late stage talks with 3 major corporations including 1 state sponsored entity from the Dubai Auto Show.”
“Financials will be filed on time. Updates and other revenue contracts and major significant new developments are awaiting signatures,” CEO Steve Berman concludes.
https://seekingalpha.com/pr/17013641-on4-comm...eal-scully
NEW YORK, Nov. 29, 2017 (GLOBE NEWSWIRE) -- On4 Communications, Inc. (ONCI) today announced it has signed a major new contract with Texas dealer Group with brands including Dodge, Hyundai, Chevy, Ford (F), Toyota (TM), GMC Lexus and Nissan.
CEO Steve Berman states, “This contract is for 8 dealerships in Texas, The 8 dealerships will take a total of 600 units per month at $200 per unit which is $120,000 per month and $1,440 million per year. The units will be delivered in Feb 2018.”
“We are also pleased to announce a distribution agreement with Scully Lemoine Marketing Associates which sells to Dealer groups and Auto Parts Stores in all 6 States in New England including Mass, CT, VT, NH, ME and RI.”
“Through this Distribution Partnership we will be able to create additional revenue in the auto parts retail operations of both large and small auto parts stores throughout New England. Scully distributes such brands as Carleson Bruske, Evans Cooling, CEMB, Ideal and many others and specializes only in The New England area. They are a major name there and have been in business for 30 years. We expect this partnership to bring in well over 2 million dollars per year.”
“I am in late stage talks with 3 major corporations including 1 state sponsored entity from the Dubai Auto Show.”
“Financials will be filed on time. Updates and other revenue contracts and major significant new developments are awaiting signatures,” CEO Steve Berman concludes.
https://seekingalpha.com/pr/17013641-on4-comm...eal-scully
(0)
(0)On4 Communications (ONCI) Stock Research Links
Scroll down for more posts ▼