can you or some body here tell me if this is a multiple year contract
On4 Communications Announces $1,650,000 in New Contracts and Signs Garden City Nissan, Largest Nissan Dealer in the World
ONCI | January 17, 2018
NEW YORK, Jan. 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- On4 Communications, Inc. (OTC Pink:ONCI) is pleased to announce that it has executed a contract with Garden City Nissan, the largest Nissan dealer in the world, and its other 4 dealerships.
CEO Steve Berman states, “We are pleased to announce this contract with Garden City Nissan and its other dealerships in Long Island, Westchester, and Orange County, NY, including 2 more Nissan dealerships, Ford, and Volvo. Garden City Nissan will be taking 300 units per month and the other 2 Nissan stores will be taking 75 units each per month, with Ford and Volvo taking 50 units each per month for a total of 550 units per month at $250, totaling $137,500 in monthly orders and a yearly total of $1,650,000. Garden City Nissan and the other dealers will receive units mid-February.
“With the signing of this dealer group it will give us the credibility we need to get into every Nissan dealership in the USA. We have been working on this deal for well over 6 months and finally closed last week. This is by far the biggest single dealership we have signed and, as I stated, it gives us entry into every other Nissan Dealership in the country.”
“More updates later this week,” CEO Steve Berman concludes.
About On4 Communications
On4 is a holdings company with an aggressive focus of acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare industry. Our newest targeted businesses are operating in the trillion-dollar mobile App space. Our first acquisition in the mobile App space is FMS Marketing a global creator and distributor of mobile Apps for Android and iPhones. We are also targeting businesses to acquire and joint venture within the medical marijuana and emerging MJ ancillary products space.
Forward-Looking Statement
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Steve Berman CEO
On4Company@gmail.com
(323) 487-0389
source
https://stockhouse.com/news/press-releases/20...arden-city
On4 Communications Announces $1,650,000 in New Contracts and Signs Garden City Nissan, Largest Nissan Dealer in the World
ONCI | January 17, 2018
NEW YORK, Jan. 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- On4 Communications, Inc. (OTC Pink:ONCI) is pleased to announce that it has executed a contract with Garden City Nissan, the largest Nissan dealer in the world, and its other 4 dealerships.
CEO Steve Berman states, “We are pleased to announce this contract with Garden City Nissan and its other dealerships in Long Island, Westchester, and Orange County, NY, including 2 more Nissan dealerships, Ford, and Volvo. Garden City Nissan will be taking 300 units per month and the other 2 Nissan stores will be taking 75 units each per month, with Ford and Volvo taking 50 units each per month for a total of 550 units per month at $250, totaling $137,500 in monthly orders and a yearly total of $1,650,000. Garden City Nissan and the other dealers will receive units mid-February.
“With the signing of this dealer group it will give us the credibility we need to get into every Nissan dealership in the USA. We have been working on this deal for well over 6 months and finally closed last week. This is by far the biggest single dealership we have signed and, as I stated, it gives us entry into every other Nissan Dealership in the country.”
“More updates later this week,” CEO Steve Berman concludes.
About On4 Communications
On4 is a holdings company with an aggressive focus of acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare industry. Our newest targeted businesses are operating in the trillion-dollar mobile App space. Our first acquisition in the mobile App space is FMS Marketing a global creator and distributor of mobile Apps for Android and iPhones. We are also targeting businesses to acquire and joint venture within the medical marijuana and emerging MJ ancillary products space.
Forward-Looking Statement
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Steve Berman CEO
On4Company@gmail.com
(323) 487-0389
source
https://stockhouse.com/news/press-releases/20...arden-city
