The January 31st 10Q should show the reductions in
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Posted On: 01/17/2018 7:29:28 PM
The January 31st 10Q should show the reductions in OS and AS -- and retirement of preferred shares as shown in the 9/27 and 9/29 PR's. It states we would see those in the December 15th filing. I guess the 47 extra days will be worth it.
I know Steve has done it in the past, but the second I hear of a split, my ass is out. I have been through too many of those. Just my own preference based on previous pps performance.
Sep 27, 2017
OTC Disclosure & News Service
On4 Communications Has Reduced the OS and AS by 1.4 Billion Shares
NEW YORK, NY--(Marketwired - Sep 27, 2017) - On4 Communications (OTC: ONCI) is proud to announce the reduction of the Outstanding and Authorized shares by 1.4 billion each. The new share structure will be reflected in the next quarter financial report due December 15. CEO Steve Berman states, "This reduction in shares has been a long time coming and current dialogue with FINRA has given us the confidence to proceed with this important step at this time."
On4 is also pleased to announce the hiring of Peter Einstein. Peter is currently based in Serbia and will be running international sales. Peter has held numerous positions in the communications industry including President/CEO, Showtime Arabia; President, MTV Networks Europe; Chairman, Eclipse Media Group and Deputy CEO Rotana Media Group. "Peter brings a wealth of experience and contacts in Europe and the Middle East," adds Berman.
On4 Communications is also pleased to announce it has signed a contract with a 4 dealer Toyota Group in the NY tri-state area: one dealer in NY, one in NJ and 2 in CT. We will deliver units on October 1st. Each dealer will take 50 unites starting in NY and rolling out to NJ and CT in November. Units are $200.00 each for a total of $40,000 a month and $480,000 a year.
Sep 29, 2017
OTC Disclosure & News Service
On4 Communications Announces New Board Members and the Retirement of 15 Million Additional Preferred Shares
NEW YORK, NY--(Marketwired - Sep 29, 2017) - On4 Communications (OTC: ONCI) is pleased to announce the addition of the two new board members, Michael Wach and Richard Lefkowitz. Michael Wach was the Executive Vice President of Sales at the YES Network and President General Manager of Fox 5 Television New York. Richard Lefkowitz was Global Media Chief at GYRO, the world's most independent B2B advertising agency, and the Media Director at TBWA/CHIAT DAY.
CEO Steve Berman states, "In addition, we have hired 3 new sales people for the State of California based out of Los Angeles, San Francisco and San Diego. These sales people are 100% commission based."
"Chrysler modifications will be done next week. We are sending modified units this Thursday for a 30 day test."
"Today I met with the office of the mayor of San Antonio and signed a pilot contract for 100 units. This is a 30 day pilot to be tested on select city vehicles after which time they have expressed interest in placing a much larger order."
"The final retirement of the original 30 million preferred shares has now been completed, and will be seen in our next quarterly filing due December 15th."
"I've been asked by both Ford Motor Company and Enterprise Rent-A-Car not to comment on meetings as we have signed NDAs. I expect to be able to say more on this later in October."
"I will be traveling back to Kuala Lumpur to meet with two cell phone service providers for retail selling throughout Malaysia."
"On4 Communications is pleased to announce an update on its JV with NECA. ON4 will be running the Best Title App with its FLY communications team. Revenue will come to ON4 and be split 50/50 with NECA after expenses."
"We are pleased to announce that we have signed a contract with a central Florida dealer group with 5 dealerships in Tampa and Orlando and brands including Chevy, GMC, KIA, Hyundai and Audi. This contract is for 20 units per month for each dealership totaling 100 units per month at $200 per unit for a grand total of $240,000 per year."
Updates on both Kuala Lumpur facilities and upcoming fleet meetings next week.
I know Steve has done it in the past, but the second I hear of a split, my ass is out. I have been through too many of those. Just my own preference based on previous pps performance.
Sep 27, 2017
OTC Disclosure & News Service
On4 Communications Has Reduced the OS and AS by 1.4 Billion Shares
NEW YORK, NY--(Marketwired - Sep 27, 2017) - On4 Communications (OTC: ONCI) is proud to announce the reduction of the Outstanding and Authorized shares by 1.4 billion each. The new share structure will be reflected in the next quarter financial report due December 15. CEO Steve Berman states, "This reduction in shares has been a long time coming and current dialogue with FINRA has given us the confidence to proceed with this important step at this time."
On4 is also pleased to announce the hiring of Peter Einstein. Peter is currently based in Serbia and will be running international sales. Peter has held numerous positions in the communications industry including President/CEO, Showtime Arabia; President, MTV Networks Europe; Chairman, Eclipse Media Group and Deputy CEO Rotana Media Group. "Peter brings a wealth of experience and contacts in Europe and the Middle East," adds Berman.
On4 Communications is also pleased to announce it has signed a contract with a 4 dealer Toyota Group in the NY tri-state area: one dealer in NY, one in NJ and 2 in CT. We will deliver units on October 1st. Each dealer will take 50 unites starting in NY and rolling out to NJ and CT in November. Units are $200.00 each for a total of $40,000 a month and $480,000 a year.
Sep 29, 2017
OTC Disclosure & News Service
On4 Communications Announces New Board Members and the Retirement of 15 Million Additional Preferred Shares
NEW YORK, NY--(Marketwired - Sep 29, 2017) - On4 Communications (OTC: ONCI) is pleased to announce the addition of the two new board members, Michael Wach and Richard Lefkowitz. Michael Wach was the Executive Vice President of Sales at the YES Network and President General Manager of Fox 5 Television New York. Richard Lefkowitz was Global Media Chief at GYRO, the world's most independent B2B advertising agency, and the Media Director at TBWA/CHIAT DAY.
CEO Steve Berman states, "In addition, we have hired 3 new sales people for the State of California based out of Los Angeles, San Francisco and San Diego. These sales people are 100% commission based."
"Chrysler modifications will be done next week. We are sending modified units this Thursday for a 30 day test."
"Today I met with the office of the mayor of San Antonio and signed a pilot contract for 100 units. This is a 30 day pilot to be tested on select city vehicles after which time they have expressed interest in placing a much larger order."
"The final retirement of the original 30 million preferred shares has now been completed, and will be seen in our next quarterly filing due December 15th."
"I've been asked by both Ford Motor Company and Enterprise Rent-A-Car not to comment on meetings as we have signed NDAs. I expect to be able to say more on this later in October."
"I will be traveling back to Kuala Lumpur to meet with two cell phone service providers for retail selling throughout Malaysia."
"On4 Communications is pleased to announce an update on its JV with NECA. ON4 will be running the Best Title App with its FLY communications team. Revenue will come to ON4 and be split 50/50 with NECA after expenses."
"We are pleased to announce that we have signed a contract with a central Florida dealer group with 5 dealerships in Tampa and Orlando and brands including Chevy, GMC, KIA, Hyundai and Audi. This contract is for 20 units per month for each dealership totaling 100 units per month at $200 per unit for a grand total of $240,000 per year."
Updates on both Kuala Lumpur facilities and upcoming fleet meetings next week.
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