ONCI Announces 1.5 Billion Reduction in Outstanding Shares
New York, New York--(InvestorsHub Newswire – November 14, 2016) – On4 Communications, Inc. (OTC Pink: (OTC :ONCI) - On4 Communications (OTC: ONCI) is proud to announce that CEO Steve Berman is in the process of initiating an immediate share retirement of his 1.5B restricted 144 shares.
On4 Communications, Inc. (OTC Pink: (OTC :ONCI) - CEO Steve Berman explains, “I am thrilled to announce the retirement of my 1.5B restricted 144 shares which were issued on July 31st, 2016. The immediate retirement of my restricted share position lowers ONCI’s O/S from 3,006,417,948 to 1,506,417,948 and this change in our Outstanding Shares will be reflected in our pending OTC Markets updates and filings. My goal is to cultivate and create all the conditions necessary for a rapid improvement in shareholder value for ONCI and its core holders.”
InvestorsHub Newswire – November 14, 2016
About On4 Communications (OTC :ONCI)
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.
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.