ON4 Communication Announces June
15 Letter to Shareholders
NEW YORK, NY
-- June
15, 2018 --
InvestorsHub NewsWire -- On4 Communications,
Inc. (OTCPINK:ONCI)
is pleased
to release the following letter to shareholders from CEO Steve
Berman:
BUSINESS
I'm happy to start this update
off by saying we reported record revenue
of $1,073,000 for quarter ending
April
30,
2018
vs
$307,754 in the same
quarter last year and an increase over last
quarter revenue. We have signed huge deals last quarter and our
growth continues to rise as demand for our products increase
dramatically.
I am pleased to say that we
signed the largest dealership group in the USA AUTO NATION and we
are starting to implement sales to those dealerships. We also
signed CARMAX and will be rolling out in those stores as fast as
possible. In signing those two auto giants we now have entry to
every auto group in the USA. I am also pleased that we signed many
dealerships in New England, Tri State NY, Florida, Midwest, Mid
Atlantic, and West Coast. Our rep network of outside sales people
has proved to be nothing short of amazing.
The only negative for the
quarter was that for the first time we lost 2 dealer groups because
of constant harassment by various people calling everyday and being rude to
people answering the phones. To those people I want to say that we
have you on tape and we will be prosecuting if this
behavior
continues. If we did not lose these 2
groups, our numbers would have been
much better.
I am also pleased to let you
know that we have made major progress with insurance companies both in the
US and
Europe. Insurance companies are the golden goose because they have
so many policies in effect. The fact that they can save money by
offering Bsafe to their
policyholders is very appealing to
them. It also provides great branding for them to promote
the fact that
they can save lives.
As I stated in the last
update, we have contracts
out
for
fleetsafer
with various size
companies and are looking to close soon. We are also
very
close to closing our private label
products with 3 different companies.
As I
stated,
the
Necca
app was approved
by both Google Play and Apple and we will be meeting with our
agency to create ads which will break sometime in
August or September.
Much more to come.
#WORLDWIDE
#REVENUERULES
CANNABIS
We have decided which company
in Canada we would like to be with and we will be having a
conference call with the Vancouver based co to discuss plans within
2 weeks. The market has become so hot that many of the companies
are increasing there land holdings and the cost
for good growing land has shot through the
roof.
I will be travelling to
Vancouver in July.
HEXAGON
As I have stated we are still
waiting for the name change and re domicile to be approved. That being
said If it does not occur by July
4th, I will be reducing the OS by
the stated 1.4 billion and reduce the AS when the approval to
Hexagon occurs. YES THAT'S RIGHT YOU HEARD IT
CORRECT IF THE CHANGE DOES NOT OCCUR BY JULY 4 I WILL REDUCE THE OS BY 1.4
BILLION SHARES DO I NEED TO SAY IT AGAIN.
LET ME SAY THIS
AGAIN,
AGAIN, AGAIN,AGAIN AGAIN AGAIN AGAIN AND AGAIN THERE WILL BE NO REVERSE
SPLIT. LET ME SAY THIS IN
CAPS AGAIN AGAIN: THERE ARE NO
PLANS TO DO
ANOTHER 3A1O.
I believe that Hexagon will
provide major value for all our share
holders.
#REVENUERULES
#NOTHINGELSEBUTREVENUEMATTERS
DENTAL
I have been in contact with a
major urgent care provider in the NY tri state area
to lease space
from them in there facilities for a 24 hour on call dental
service.
We have also received a
proposal from a mobile dentistry
maker that
includes x-ray
instruments chair and all aspects of a mobile dentistry
unit.
We will be using these
products to set up a unit which provides mobile
dentistry for assisted living and elder care
facilities.
Once we are active
in the facilities
we can expand to podiatry and other health
needs. Anyone with an elder parent
knows that the first thing to go when you get
older are teeth and feet.
I am hoping to be in this
field within the next 3 to 4 months providing the company with an
additional revenues stream in a growing and
exciting business.
6th leg
I will be travelling to
Pennsylvania next week to discuss plans with a new partner to
create the 6th arm of Hexagon. Once a deal
is in place I will be making an announcement as to what that new
business will be.
The company is in great shape
as we continue to close deals and increase revenue.
Auto Nation
and Carmax is a huge event for us and will increase revenue
three fold in the future.
In addition we are looking at
ways to unlock shareholder value in everyway as we open new
opportunities and look to capitalize at every turn.
In the next update we will
concentrate on our foreign business especially Europe,
Dubai, Turkey and Asia.
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 with
in 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
