Financials look fantastic. Few items to discuss
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Posted On: 12/14/2018 9:47:25 PM
Financials look fantastic.
Few items to discuss 4.5B, 2.88B float.
1. Hexagon to be implemented page 13, still Del. I noted this last January. Upon Del debt paid in full, good standing, name change fully authorized and then share reduction, move Col.
2. $1,550,000 owed to Cogosense but being paid rapidly due to high sales Fleetsafer & bsafe. No denying sale’s a major increase.
3 $900k owed SH, LOI $1m, $100k paid.
4. A/R $4.5m sufficient to pay above owed when collected, plenty cash left, ($117k today).
5. convertible notes payable $348k (Machiavelli $288) new Oct 18, Operational cost or Del?
The great outlook is $4.5m sales, $1.6 net that’s 200% increase. Monday SHl letter may note Del pay off (possibly reason new Mach note) private label, when TV adds out we fly like an eagle. Lots of eyes on Onci on three boards. Sales and revenue increasing with new note consideration all in the nature of growing a business.
All the best $Onci
Few items to discuss 4.5B, 2.88B float.
1. Hexagon to be implemented page 13, still Del. I noted this last January. Upon Del debt paid in full, good standing, name change fully authorized and then share reduction, move Col.
2. $1,550,000 owed to Cogosense but being paid rapidly due to high sales Fleetsafer & bsafe. No denying sale’s a major increase.
3 $900k owed SH, LOI $1m, $100k paid.
4. A/R $4.5m sufficient to pay above owed when collected, plenty cash left, ($117k today).
5. convertible notes payable $348k (Machiavelli $288) new Oct 18, Operational cost or Del?
The great outlook is $4.5m sales, $1.6 net that’s 200% increase. Monday SHl letter may note Del pay off (possibly reason new Mach note) private label, when TV adds out we fly like an eagle. Lots of eyes on Onci on three boards. Sales and revenue increasing with new note consideration all in the nature of growing a business.
All the best $Onci
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