ONCI Increases Revenue by Securing 8 New Vendors in Florida

Date : 01/24/2017 @ 10:00AM
Source :InvestorsHub NewsWire
Stock : On4 Communications, Inc. (PC) (ONCI)
Quote : 0.0021  -0.00069 (-24.73%) @ 4:35PM

ONCI Increases Revenue by Securing 8 New Vendors in Florida

ONCI Increases Revenue by Securing 8 New Vendors in Florida

New York, NY -- January 24, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC Pink: ONCI) is proud to announce that they have secured 8 new Auto Dealer Vendors in Florida State for their premium FMS Drive Safe App.

ONCI CEO Steve Berman states, I am proud to announce our expansion into Florida. As previously mentioned in earlier press, it takes approximately 6 months for full vendor implementation. For this particular group of Vendors, we have extrapolated attaining an average $7K in recurring monthly revenue per vendor. With the demand for our FMS Drive Safe App service now gaining an incredible amount of traction amongst auto dealers, I will be returning to Florida in approximately 3 weeks to close on 10 more auto dealers who have already expressed a great deal of interest.

I will also be lowering our O/S by 1.5B shares as previously stated and advise our shareholders to please monitor our filings on OTC Markets for these pending changes to soon be reflected. These are very exciting times for ONCI and our shareholders and I look forward with a great deal of optimism to the journey ahead CEO 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 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.




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