ON4 COMMUNICATIONS ANNOUNCES MAJOR $1,200,000 NEW CONTRACT

Date : 09/08/2017 @ 6:22PM
Source :InvestorsHub NewsWire
Stock : On4 Communications, Inc. (PC) (ONCI)
Quote : 0.0105  0.0002 (1.94%) @ 10:18AM

ON4 COMMUNICATIONS ANNOUNCES MAJOR $1,200,000 NEW CONTRACT

 

ON4 COMMUNICATIONS ANNOUNCES MAJOR $1,200,000 NEW CONTRACT

New York, NY -- September 08, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC :ONCI)  announces today it has signed a major new contract with a California dealership with brands including Mercedes, BMW, Chevy, Ford, Audi, Kia , Hyundai and Subaru

CEO Steve Berman states, "This contract is for 25 dealerships in Los Angeles and Orange county California each dealership will take 20 units per month at $200 a unit which is $100,000 per month and 1.2million per year. The units will be delivered October 1 2017."

"We are also excited to announce the name of our FMS safe driving app, our global tracking device and our apps currently in beta testing:

FMS safe driving app BSAFE MOBILE- protects the driver from the dangers of distracted driving. BSAFE MOBILE is currently selling at $250 per unit .

FMS global tracking device- B FOUND MOBILE tracks vehicles anywhere even under 5 feet of concrete . pre sales have been ordered at $250 per unit.

The apps in beta testing are:

OKGOLFER - ok golfer- tells the player what club to hit based on there handicap and speeds up the game by 2 hours we are expected to bring to market at $100 per unit.

GOLF GAMBLER- is a gambling app that lets golfers gamble on there round this APP is free, our income varies and is paid after each round is complete.

Yet to be named Alcohol tracking sensor works similar to a breathalyzer this app will be released to market at $150 per unit.

Yet to be named car seat monitoring sensor monitors car temperature and whether car seat is occupied This will come to market at $150 per unit."

Berman adds, "We bought out our 51 percent partner COGOSENSE LLC based out of Vancouver BC. Acquisition includes FLEET SAFER which generated over 1 million in sales last year.

Our sept 6 meeting with Enterprise rent a car was postponed due to Hurricane Harvey and is rescheduled for sept 28th. Enterprise is sending 10,000 vehicles to Houston to assist in the clean up efforts. Google Brazil sales have begun and now average of 25 units per day. Next week our 2nd quarter financials will be released on time by the September 15 due date. Also expect to announce additional revenue contracts."

 

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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